Bankwell Bank
Bankwell Bank reported total assets of $3.5 bn at Q2 2026, up 7.3% on a year earlier, the 370th largest of 497 banks in our US coverage. The CET1 capital ratio at Bankwell Bank was 11.67%, and the uninsured share of Bankwell Bank was 39.67%. Source: FDIC Call Reports.
Key takeaways
- On noncurrent loans to total loans, Bankwell Bank climbed from 383rd to 211th among 500 US banks between and (1 = lowest; FDIC Call Reports).
What sets Bankwell Bank apart
How large is Bankwell Bank?
The balance sheet of Bankwell Bank at : assets $3.5 bn, deposits $3.0 bn, net loans $2.9 bn (loans equal to 96.36% of deposits). Securities make up 5.9% of total assets at Bankwell Bank. Since , when Bankwell Bank held $1.4 bn, its assets grew 144.7%. In the year to , deposits at Bankwell Bank rose 9.5% while its total assets rose 7.3%. At , Bankwell Bank employed 181 full-time equivalent staff across 11 offices, about $19.2 mn of assets per employee and $275.9 mn of deposits per office.
How much funding at Bankwell Bank is uninsured?
At Bankwell Bank, uninsured deposits (above the FDIC limit) made up 39.67% of domestic deposits at (+8.34 pp on a year earlier); Bankwell Bank ranks 191st of 500 on this measure. In dollars, Bankwell Bank estimated $1.2 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $3.0 bn | +9.5% | 354th of 499 |
| Net loans and leases | $2.9 bn | +11.0% | 319th of 500 |
| Loan-to-deposit ratio | 96.36% | +1.30 pp | 92nd of 500 |
| Tier 1 leverage ratio | 10.39% | -0.19 pp | 240th of 500 |
| Total risk-based capital ratio | 12.70% | -0.58 pp | 380th of 448 |
| Net interest margin | 3.58% | +0.48 pp | 266th of 500 |
| Return on assets (ROA) | 1.61% | +0.43 pp | 125th of 500 |
| Efficiency ratio | 44.16% | -7.55 pp | 78th of 500 (1 = lowest) |
| Unrealized gain/loss on held-to-maturity securities | Gain of $1.5 mn | Rose by $169,000 | |
| Unrealized gain/loss on available-for-sale securities | Loss of $3.1 mn | Narrowed by $82,000 | |
| Noncurrent loans to total loans | 0.54% | -0.36 pp | 211th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.01% | +0.01 pp | 108th of 500 (1 = lowest) |
US rank of Bankwell Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
Bankwell Bank: assets, deposits and loans
- Total assets $3.5bn
- Deposits $3.0bn
- Net loans $2.9bn
Capital and securities
The CET1 ratio of Bankwell Bank stood at 11.67% in , -0.53 pp year on year. Low and high at Bankwell Bank since : 10.00% () to 12.65% (). Equity capital of Bankwell Bank at : $355.3 mn, or 10.2% of total assets. Bankwell Bank also reported a total capital ratio of 12.70% for , and a tier 1 leverage ratio of 10.39%.
On held-to-maturity securities, Bankwell Bank carried an unrealized gain of $1.5 mn at , equal to 0.4% of equity capital. The gain rose by $169,000 over the year. Its deepest point: $5.9 mn in . The available-for-sale portfolio of Bankwell Bank showed an unrealized loss of $3.1 mn at ; the loss narrowed by $82,000 over the year.
Bankwell Bank: capital ratios
- Total capital 13%
- CET1 12%
- Tier 1 leverage 10%
Bankwell Bank: unrealized securities gains and losses
- Available for sale -$3mn
- Held to maturity $1mn
Profitability and loan quality
For the year to , Bankwell Bank earned a return on equity of 15.51%; return on assets: 1.61%. Net interest margin at Bankwell Bank: 3.58%, +0.48 pp in a year. Bankwell Bank net income: $27.3 mn, up 44.3% year on year. The efficiency ratio of Bankwell Bank was 44.16%: about 44 cents cost per revenue dollar, against 54 cents at the median peer.
At , noncurrent loans were 0.54% of total loans at Bankwell Bank; net charge-offs: 0.01% of average loans. Gross loans and leases at Bankwell Bank: $3.0 bn, up 10.9% in a year.
Bankwell Bank: profitability
- Return on equity 16%
- Net interest margin 3.6%
- Return on assets 1.6%
Peer group of Bankwell Bank
The peer group of Bankwell Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 4 share the charter type of Bankwell Bank (state nonmember bank), 6 sit in the same size group ($1 bn to $10 bn) and 0 have head offices in Connecticut. Against them, Bankwell Bank shows CET1 ratio 11.67% against a peer median of 13.35%, return on equity 15.51% against a peer median of 12.88% and uninsured deposit share 39.67% against a peer median of 31.63%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| Ponce Bank | National bank | NY | $3.5 bn | 17.87% | 7.44% | 20.09% | |
| Banco do Brasil Americas | State nonmember bank | FL | $3.5 bn | 23.30% | 14.52% | 30.51% | |
| PCB Bank | State nonmember bank | CA | $3.5 bn | 13.35% | 11.25% | 47.93% | |
| Bankwell Bank | State nonmember bank | CT | $3.5 bn | 11.67% | 15.51% | 39.67% | |
| First Carolina Bank | State nonmember bank | NC | $3.4 bn | 12.88% | 6.19% | 17.72% | |
| Northrim Bank | State nonmember bank | AK | $3.4 bn | 12.38% | 17.64% | 38.94% | |
| First Dakota National Bank | National bank | SD | $3.4 bn | not reported | 17.36% | 32.75% | |
. FDIC Call Reports.
Last eight quarters
Two years at Bankwell Bank, to : assets +9.8%, deposits +12.4%, equity +9.4%. Staff 140 to 181; offices 9 to 11.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $3.2 bn | $3.3 bn | $3.2 bn | $3.2 bn | $3.2 bn | $3.4 bn | $3.4 bn | $3.5 bn |
| Total deposits | $2.7 bn | $2.8 bn | $2.8 bn | $2.8 bn | $2.8 bn | $2.9 bn | $2.9 bn | $3.0 bn |
| Bank equity capital | $324.8 mn | $327.1 mn | $330.8 mn | $338.3 mn | $347.4 mn | $348.3 mn | $351.0 mn | $355.3 mn |
| CET1 ratio | 11.80% | 11.64% | 12.10% | 12.20% | 12.39% | 11.87% | 11.97% | 11.67% |
| Return on equity (ROE) | 5.12% | 5.28% | 9.95% | 11.38% | 12.16% | 12.19% | 14.82% | 15.51% |
| Uninsured share of domestic deposits | 25.70% | 28.25% | 29.49% | 31.33% | 28.67% | 32.73% | 36.41% | 39.67% |
| Full-time equivalent employees | 140 | 144 | 145 | 160 | 162 | 167 | 176 | 181 |
| Number of offices | 9 | 9 | 9 | 9 | 9 | 10 | 11 | 11 |
FDIC Call Reports.
Mergers and acquisitions
No merger or acquisition by Bankwell Bank appears in the FDIC history since , and its total assets never moved more than 25% in one quarter.
Questions and identifiers
What were the total assets of Bankwell Bank?
Bankwell Bank reported $3.5 bn at in its Call Report. That makes Bankwell Bank the 370th largest of 497 banks in our US coverage.
Is Bankwell Bank the same as its holding company?
No. This page covers Bankwell Bank, FDIC certificate 57368; Bankwell Financial Group, Inc., its holding company, reports separately to the Federal Reserve.
Is Bankwell Bank profitable?
Bankwell Bank reported net income of $27.3 mn for the year to ; annualized return on equity: 15.51%. So yes: Bankwell Bank made a profit over these months.
When is data for Bankwell Bank next updated?
Figures from Bankwell Bank for are due after .
Where can I check the figures for Bankwell Bank?
In the FDIC BankFind Suite record for certificate 57368, and in the Call Reports of Bankwell Bank (RSSD ID 3109043) at the FFIEC Central Data Repository.