BWB · Bridgewater Bancshares Inc

Second Quarter 2026 Highlights Net income of $14.0 million, or $0.45 per diluted common share. Net interest income increased $1.9 million, or 21.0% annualized, from the first quarter of 2026. Net interest margin (on a fully tax-equivalent basis) of 3.07%, an increase of eight basis points from the first quarter of 2026. Yield on total loans of 5.91% for the second quarter of 2026, an increase of 10 basis points from the first quarter of 2026. Gross loans increased by $58.3 million, or 5.4% annualized, from the first quarter of 2026. Total deposits increased by $40.7 million, or 3.8% annualized, from the first quarter of 2026; core deposits (2) decreased by $29.9 million, or 3.5% annualized, from the first quarter of 2026. Efficiency ratio (1) of 53.0%, down from 56.3% for the first quarter of 2026. Annualized net loan charge-offs as a percentage of average loans of 0.04%, compared to 0.05% for the first quarter of 2026. Nonperforming assets to total assets of 0.40% at June 30, 2026,