---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-012656"
form_type: "8-K"
ticker: "BWB"
cik: "0001341317"
company_name: "Bridgewater Bancshares Inc"
filed_at: "2024-09-06T23:59:59+00:00"
generated_at: "2026-05-31T06:02:55.122364+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Bridgewater Bancshares extends $40M credit line maturity to 2026, floor rate raised to 4.50%

## Summary
- Extended $40M revolving credit line maturity from Sept 1, 2024 to Sept 1, 2026 with ServisFirst Bank.
- Interest floor rate increased from 3.85% to 4.50%; variable rate based on Prime Rate.
- Borrowing limit of $40M unchanged; loan continues under existing Loan and Security Agreement.
- Amendment also includes payment of $53,375 non-use fee for prior period and $950 processing fee.

## SEC filing metadata
- accession: 0001558370-24-012656
- form_type: 8-K
- ticker: BWB
- cik: 0001341317
- company_name: Bridgewater Bancshares Inc
- filed_at: 2024-09-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1341317/000155837024012656/0001558370-24-012656-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1341317/000155837024012656/bwb-20240903x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-012656
- JSON: https://secwatch.observer/filing/0001558370-24-012656.json
- Plain text: https://secwatch.observer/filing/0001558370-24-012656.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.