Bridgewater receives regulatory approvals for First Minnetonka City Bank acquisition; expects Q4 2024 close

Bridgewater Bancshares Inc

Received FDIC and Minnesota Department of Commerce approvals for the acquisition.
Acquisition expected to close in Q4 2024, subject to customary closing conditions.
Bridgewater Bank will be the surviving bank; First Minnetonka City Bank will merge into it.
No deal value or financial terms were disclosed in the press release.

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