Culture Book 2024

HISTORY OF BWB

St. Louis Park branch opens for business Signs agreement to acquire First National Bank of the Lakes

$703.0 million in assets

$1.61 billion in assets

$460.0 million in assets

Implements Entrepreneurial Operating System (EOS)

New Bloomington branch opens for business

120 team members

$242.0 million in assets

$3.10 billion in assets

$2.0 billion in assets

$4.60 billion in assets

BWB opens for business in Bloomington, MN

Stays profitable

220 team members

253 team members

9 team members

2005 2007 2010 2012

2014

2015

2017

2019 2021

2023

2006 2009 2011

2013

2016 2018 2020 2022

BWB reaches profitability in its third month of operation

$365.0 million in assets

$410.0 million in assets

Downtown Minneapolis branch opens for business

First National Bank of the Lakes opens as Bridgewater Bank

BWB stock becomes publicly traded on Nasdaq

Bridgewater Corporate Center opens for business in St. Louis Park $2.90 billion in assets

Assets surpass $4.0 billion

250 team members

$576.0 million in assets

St. Paul branch opens for business

Greenwood branch opens for business

$1.25 billion in assets

50 team members

150 team members

100 team members

6

For Internal Use Only 7