Bridgewater Bancshares completes acquisition of First Minnetonka City Bank

Bridgewater Bancshares Inc

Acquisition effective December 13, 2024; FMCB merged into Bridgewater Bank.
Bridgewater now holds ~$5.0B total assets and nine full-service Twin Cities branches.
Deal originally announced August 28, 2024; terms not disclosed in this release.
D.A. Davidson & Co. served as Bridgewater's financial advisor.

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