Bridgewater Bancshares, Inc._2023 Annual Report

Bridgewater Bancshares, Inc. and Subsidiaries Notes to Consolidated Financial Statements (dollars in thousands, except share data)

Pre-ASC 326 Adoption Impaired Loan Disclosures The following table presents information regarding total carrying amounts and total unpaid principal balances of impaired loans by loan segment as of December 31, 2022:

December 31, 2022

Recorded Investment

Principal Balance

Related Allowance

(dollars in thousands)

Loans With No Related Allowance for Loan Losses: Commercial ........................................................ $ 19,508 $ 19,508 $ — Construction and Land Development .................................. 106 713 — Real Estate Mortgage: 1-4 Family Mortgage ................................................ 392 392 — CRE Owner Occupied ............................................... 1,637 1,726 — CRE Nonowner Occupied ............................................ 6,239 6,239 — Totals............................................................ 27,882 28,578 — Loans With An Allowance for Loan Losses: Commercial ........................................................ 167 167 71 Totals............................................................ 167 167 71 GrandTotals ........................................................ $ 28,049 $ 28,745 $ 71 The following table presents information regarding the average balances and interest income recognized on impaired loans by loan segment for the years ended December 31, 2022 and 2021:

Year Ended December 31,

2022

2021

Average

Interest

Average

Interest

(dollars in thousands)

Investment Recognized Investment Recognized

Loans With No Related Allowance for Loan Losses: Commercial ................................................. $21,276 $ Construction and Land Development ........................... 117 Real Estate Mortgage: 1-4 Family Mortgage ......................................... 402 CRE Owner Occupied ........................................ 1,755 CRE Nonowner Occupied ..................................... 6,390 Totals..................................................... 29,940

782 $ 5,008 $

268

—

141

—

21 65

1,401 2,471 4,247 13,268

71

106 215 660

342

1,210

Loans With An Allowance for Loan Losses: Commercial ................................................. Consumer and Other ......................................... Totals..................................................... 755 GrandTotals ................................................. $30,120 $ 1,215 $27,029 $ 1,415 180 5 13,761 755 — — — — 180 5 13,761

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