2023 Q1 Form 10-K Financial Statement

#000150573223000109 Filed on March 08, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $286.0K $1.072M
YoY Change -98.72% -98.68%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $884.0K $890.0K $3.400M
YoY Change 17.55% 0.0% -5.56%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $18.75M $23.20M
YoY Change 571.56% 71.99%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $13.55M $10.59M $47.98M
YoY Change 31.37% 6.47% 41.71%
Income Tax $3.171M $2.573M $10.55M
% Of Pretax Income 23.4% 24.29% 22.0%
Net Earnings $10.38M $7.838M $37.43M
YoY Change 26.39% 0.36% 40.78%
Net Earnings / Revenue 3629.02% 3491.51%
Basic Earnings Per Share $1.34 $4.84
Diluted Earnings Per Share $1.33 $1.04 $4.79
COMMON SHARES
Basic Shares Outstanding 7.844M shares 7.710M shares 7.563M shares
Diluted Shares Outstanding 7.617M shares 7.640M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $277.2M $355.7M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $27.62M $27.20M $27.20M
YoY Change 7.47% 6.25% 6.25%
Goodwill $2.589M $2.589M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $8.692M $7.422M $7.422M
YoY Change 25.97% -2.34% -25.03%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $3.252B $3.252B $3.252B
YoY Change 30.26% 32.41% 32.41%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $52.68M $54.20M $54.20M
YoY Change 46.34% 18.35% 18.35%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $52.68M $54.20M $54.20M
YoY Change 46.34% 18.35% 18.35%
LONG-TERM LIABILITIES
Long-Term Debt $69.02M $68.96M $68.96M
YoY Change 100.06% 100.46% 100.46%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $69.02M $68.96M $68.96M
YoY Change 100.06% 100.46% 100.46%
TOTAL LIABILITIES
Total Short-Term Liabilities $52.68M $54.20M $54.20M
Total Long-Term Liabilities $69.02M $68.96M $68.96M
Total Liabilities $3.010B $3.014B $3.014B
YoY Change 31.63% 33.7% 33.7%
SHAREHOLDERS EQUITY
Retained Earnings $127.6M $123.6M
YoY Change 28.79% 33.81%
Common Stock $115.9M $115.0M
YoY Change 0.86% -2.65%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $242.3M $238.5M $238.5M
YoY Change
Total Liabilities & Shareholders Equity $3.252B $3.252B $3.252B
YoY Change 30.26% 32.41% 32.41%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income $10.38M $7.838M $37.43M
YoY Change 26.39% 0.36% 40.78%
Depreciation, Depletion And Amortization $884.0K $890.0K $3.400M
YoY Change 17.55% 0.0% -5.56%
Cash From Operating Activities $7.113M $17.69M $82.67M
YoY Change -67.67% 301.18% 139.22%
INVESTING ACTIVITIES
Capital Expenditures $707.0K $611.0K $4.958M
YoY Change -14.3%
Acquisitions
YoY Change
Other Investing Activities -$80.99M -$397.1M -$806.2M
YoY Change -21.52% 482.69% 198.56%
Cash From Investing Activities -$81.69M -$397.7M -$811.2M
YoY Change -21.47% 520.75% 200.4%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $5.540M
YoY Change 9.12%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$3.916M 512.6M $739.5M
YoY Change -110.63% 125.98% 333.59%
NET CHANGE
Cash From Operating Activities $7.113M 17.69M $82.67M
Cash From Investing Activities -$81.69M -397.7M -$811.2M
Cash From Financing Activities -$3.916M 512.6M $739.5M
Net Change In Cash -$78.50M 132.6M $11.00M
YoY Change 73.71% -20.71% -116.94%
FREE CASH FLOW
Cash From Operating Activities $7.113M $17.69M $82.67M
Capital Expenditures $707.0K $611.0K $4.958M
Free Cash Flow $6.406M $17.08M $77.71M
YoY Change -69.75%

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CY2022 us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
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CY2021 us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
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CY2022 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
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CY2021 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Net Of Tax Portion Attributable To Parent
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CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax Parent
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21598000 usd
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxParent
10415000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax Parent
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4825000 usd
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent
2308000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
16773000 usd
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
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8107000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
8372000 usd
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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7014000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
45801000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
33600000 usd
CY2020Q4 us-gaap Stockholders Equity
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176602000 usd
CY2021 us-gaap Net Income Loss
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26586000 usd
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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7014000 usd
CY2021 us-gaap Common Stock Dividends Per Share Declared
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0.64
CY2021 us-gaap Dividends Common Stock Cash
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5025000 usd
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1834000 usd
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53000 usd
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5077000 usd
CY2021Q4 us-gaap Stockholders Equity
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CY2022 us-gaap Net Income Loss
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37429000 usd
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8372000 usd
CY2022 us-gaap Common Stock Dividends Per Share Declared
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0.80
CY2022 us-gaap Dividends Common Stock Cash
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6189000 usd
CY2022 us-gaap Stock Issued During Period Value Share Based Compensation
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2362000 usd
CY2022 us-gaap Stock Issued During Period Value Stock Options Exercised
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48000 usd
CY2022 us-gaap Stock Repurchased During Period Value
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5540000 usd
CY2022Q4 us-gaap Stockholders Equity
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238469000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
37429000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
26586000 usd
CY2022 us-gaap Accretion Amortization Of Discounts And Premiums Investments
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CY2021 us-gaap Accretion Amortization Of Discounts And Premiums Investments
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CY2022 us-gaap Provision For Loan Losses Expensed
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5437000 usd
CY2021 us-gaap Provision For Loan Losses Expensed
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CY2022 us-gaap Deferred Income Tax Expense Benefit
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CY2021 us-gaap Deferred Income Tax Expense Benefit
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1699000 usd
CY2022 us-gaap Equity Securities Fv Ni Gain Loss
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CY2021 us-gaap Equity Securities Fv Ni Gain Loss
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CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3366000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3583000 usd
CY2022 us-gaap Amortization Of Financing Costs
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166000 usd
CY2021 us-gaap Amortization Of Financing Costs
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265000 usd
CY2022 bwfg Gain Loss Valuation Allowance Of Right Of Use Asset
GainLossValuationAllowanceOfRightOfUseAsset
0 usd
CY2021 bwfg Gain Loss Valuation Allowance Of Right Of Use Asset
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280000 usd
CY2022 us-gaap Life Insurance Corporate Or Bank Owned Change In Value
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1069000 usd
CY2021 us-gaap Life Insurance Corporate Or Bank Owned Change In Value
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1023000 usd
CY2022 us-gaap Gain Loss On Sales Of Loans Net
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1236000 usd
CY2021 us-gaap Gain Loss On Sales Of Loans Net
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2692000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
2362000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
1834000 usd
CY2022 bwfg Amortization Of Purchase Accounting Adjustments
AmortizationOfPurchaseAccountingAdjustments
0 usd
CY2021 bwfg Amortization Of Purchase Accounting Adjustments
AmortizationOfPurchaseAccountingAdjustments
76000 usd
CY2022 us-gaap Gain Loss On Sale Of Property Plant Equipment
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20000 usd
CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
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CY2022 us-gaap Increase Decrease In Deferred Charges
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CY2021 us-gaap Increase Decrease In Deferred Charges
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134000 usd
CY2022 us-gaap Increase Decrease In Accrued Interest Receivable Net
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5558000 usd
CY2021 us-gaap Increase Decrease In Accrued Interest Receivable Net
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933000 usd
CY2022 us-gaap Increase Decrease In Other Operating Assets
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-18473000 usd
CY2021 us-gaap Increase Decrease In Other Operating Assets
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CY2022 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
20940000 usd
CY2021 us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
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CY2022 us-gaap Net Cash Provided By Used In Operating Activities
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82668000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
34558000 usd
CY2022 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
7614000 usd
CY2021 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
15599000 usd
CY2022 us-gaap Proceeds From Sale Of Held To Maturity Securities
ProceedsFromSaleOfHeldToMaturitySecurities
5056000 usd
CY2021 us-gaap Proceeds From Sale Of Held To Maturity Securities
ProceedsFromSaleOfHeldToMaturitySecurities
4779000 usd
CY2022 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
0 usd
CY2021 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
10000000 usd
CY2022 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
32212000 usd
CY2021 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
28834000 usd
CY2022 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
31000 usd
CY2021 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
24000 usd
CY2022 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
4990000 usd
CY2021 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
4736000 usd
CY2022 us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
0 usd
CY2021 us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
5500000 usd
CY2022 bwfg Net Increase Decrease In Loan Balance
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838031000 usd
CY2021 bwfg Net Increase Decrease In Loan Balance
NetIncreaseDecreaseInLoanBalance
273304000 usd
CY2022 bwfg Loan Principal Sold From Loans Not Originated For Sale
LoanPrincipalSoldFromLoansNotOriginatedForSale
0 usd
CY2021 bwfg Loan Principal Sold From Loans Not Originated For Sale
LoanPrincipalSoldFromLoansNotOriginatedForSale
20625000 usd
CY2022 us-gaap Proceeds From Sale Of Loans Held For Investment
ProceedsFromSaleOfLoansHeldForInvestment
58793000 usd
CY2021 us-gaap Proceeds From Sale Of Loans Held For Investment
ProceedsFromSaleOfLoansHeldForInvestment
23317000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4958000 usd
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
4257000 usd
CY2022 us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
2402000 usd
CY2021 us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
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CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-811161000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2022 us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
769132000 usd
CY2021 us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
-169971000 usd
CY2022 us-gaap Increase Decrease In Other Deposits
IncreaseDecreaseInOtherDeposits
-92313000 usd
CY2021 us-gaap Increase Decrease In Other Deposits
IncreaseDecreaseInOtherDeposits
466653000 usd
CY2022 us-gaap Increase Decrease In Loans From Other Federal Home Loan Banks
IncreaseDecreaseInLoansFromOtherFederalHomeLoanBanks
40000000 usd
CY2021 us-gaap Increase Decrease In Loans From Other Federal Home Loan Banks
IncreaseDecreaseInLoansFromOtherFederalHomeLoanBanks
-125000000 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
48000 usd
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
53000 usd
CY2022 us-gaap Proceeds From Issuance Of Subordinated Long Term Debt
ProceedsFromIssuanceOfSubordinatedLongTermDebt
34352000 usd
CY2021 us-gaap Proceeds From Issuance Of Subordinated Long Term Debt
ProceedsFromIssuanceOfSubordinatedLongTermDebt
34418000 usd
CY2022 us-gaap Early Repayment Of Subordinated Debt
EarlyRepaymentOfSubordinatedDebt
0 usd
CY2021 us-gaap Early Repayment Of Subordinated Debt
EarlyRepaymentOfSubordinatedDebt
25500000 usd
CY2022 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
6189000 usd
CY2021 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
5025000 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
5540000 usd
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
5077000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
739490000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
170551000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
10997000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-64916000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
344682000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
409598000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
355679000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
344682000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
17786000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
14006000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
11521000 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
5091000 usd
CY2022 bwfg Loans Reclassified
LoansReclassified
0 usd
CY2021 bwfg Loans Reclassified
LoansReclassified
0 usd
CY2022 bwfg Transfer Of Tangible Assets To Held For Sale
TransferOfTangibleAssetsToHeldForSale
0 usd
CY2021 bwfg Transfer Of Tangible Assets To Held For Sale
TransferOfTangibleAssetsToHeldForSale
0 usd
CY2022 bwfg Noncash Financing And Investing Activities Net Change In Unrealized Gains Losses On Available For Sales Securities
NoncashFinancingAndInvestingActivitiesNetChangeInUnrealizedGainsLossesOnAvailableForSalesSecurities
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CY2021 bwfg Noncash Financing And Investing Activities Net Change In Unrealized Gains Losses On Available For Sales Securities
NoncashFinancingAndInvestingActivitiesNetChangeInUnrealizedGainsLossesOnAvailableForSalesSecurities
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CY2022 bwfg Noncash Financing And Investing Activities Net Change In Unrealized Gains Losses On Derivative Instruments
NoncashFinancingAndInvestingActivitiesNetChangeInUnrealizedGainsLossesOnDerivativeInstruments
21598000 usd
CY2021 bwfg Noncash Financing And Investing Activities Net Change In Unrealized Gains Losses On Derivative Instruments
NoncashFinancingAndInvestingActivitiesNetChangeInUnrealizedGainsLossesOnDerivativeInstruments
10415000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
11884000 usd
CY2022 us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
57558000 usd
CY2021 us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
20626000 usd
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:6pt;text-align:justify;text-indent:20.25pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The accounting and reporting policies of the Company conform to accounting principles generally accepted in the United States of America (“GAAP”) and general practices within the banking industry. In preparing the consolidated financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosures of contingent assets and liabilities as of the date of the consolidated balance sheet and revenue and expenses for the period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near-term relate to the allowance for loan losses, derivative instrument valuation, investment securities valuation, evaluation of investment securities for other than temporary impairment and deferred income taxes valuation.</span></div>
CY2022 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2022 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2022Q4 us-gaap Banking Regulation Tier One Leverage Capital Ratio Undercapitalized Minimum
BankingRegulationTierOneLeverageCapitalRatioUndercapitalizedMinimum
0.025
CY2022Q4 us-gaap Liability For Uncertain Tax Positions Current
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500000 usd
CY2021Q4 us-gaap Liability For Uncertain Tax Positions Current
LiabilityForUncertainTaxPositionsCurrent
265000 usd
CY2022 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Reclassification</span></div><div style="margin-bottom:6pt;text-align:justify;text-indent:20.25pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain prior period amounts may be reclassified to conform to the 2022 financial statement presentation. These reclassifications only change the reporting categories and do not affect the consolidated results of operations or consolidated financial position of the Company.</span></div>
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
10000000 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
7730699 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
7730699 shares
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
10000000 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
7803166 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
7803166 shares
CY2018Q4 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
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400000 shares
CY2021Q4 us-gaap Goodwill
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2589000 usd
CY2020Q4 us-gaap Goodwill
Goodwill
2589000 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2022Q4 us-gaap Goodwill
Goodwill
2589000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
2589000 usd
CY2021 us-gaap Goodwill Impairment Loss
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0 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
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112352000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
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0 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
8689000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
103663000 usd
CY2022Q4 us-gaap Held To Maturity Securities Amortized Cost Before Other Than Temporary Impairment
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15983000 usd
CY2022Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
316000 usd
CY2022Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
864000 usd
CY2022Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
15435000 usd
CY2021Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
88071000 usd
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
2376000 usd
CY2021Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
249000 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
90198000 usd
CY2021Q4 us-gaap Held To Maturity Securities Amortized Cost Before Other Than Temporary Impairment
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16043000 usd
CY2021Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
2608000 usd
CY2021Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
206000 usd
CY2021Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
18445000 usd
CY2021 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
0 usd
CY2022Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
2000000 usd
CY2022 us-gaap Cost Of Goods And Services Sold Amortization
CostOfGoodsAndServicesSoldAmortization
2100000 usd
CY2021Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
2200000 usd
CY2021 us-gaap Cost Of Goods And Services Sold Amortization
CostOfGoodsAndServicesSoldAmortization
2100000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
36 branch
CY2021Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
7 security
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
70669000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
4274000 usd
CY2022Q4 bwfg Debt Securities Securities Continuous Unrealized Loss Position Less Than Twelve Months Percentage Decline From Amortized Cost
DebtSecuritiesSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsPercentageDeclineFromAmortizedCost
0.0346
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
43189000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
5279000 usd
CY2022Q4 bwfg Debt Securities Continuous Unrealized Loss Position Twelve Months Or Longer Percentage Decline From Amortized Cost
DebtSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerPercentageDeclineFromAmortizedCost
0.0428
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
113858000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
9553000 usd
CY2022Q4 bwfg Debt Securities Continuous Unrealized Loss Position Percentage Decline From Amortized Cost
DebtSecuritiesContinuousUnrealizedLossPositionPercentageDeclineFromAmortizedCost
0.0774
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
35554000 usd
CY2021 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-57000 usd
CY2022Q4 us-gaap Banking Regulation Common Equity Tier One Risk Based Capital Ratio Well Capitalized Minimum
BankingRegulationCommonEquityTierOneRiskBasedCapitalRatioWellCapitalizedMinimum
0.070
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
455000 usd
CY2021Q4 bwfg Debt Securities Securities Continuous Unrealized Loss Position Less Than Twelve Months Percentage Decline From Amortized Cost
DebtSecuritiesSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsPercentageDeclineFromAmortizedCost
0.0127
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
0 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
0 usd
CY2021Q4 bwfg Debt Securities Continuous Unrealized Loss Position Twelve Months Or Longer Percentage Decline From Amortized Cost
DebtSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerPercentageDeclineFromAmortizedCost
0
CY2021Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
35554000 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
455000 usd
CY2021Q4 bwfg Debt Securities Continuous Unrealized Loss Position Percentage Decline From Amortized Cost
DebtSecuritiesContinuousUnrealizedLossPositionPercentageDeclineFromAmortizedCost
0.0127
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
2675448000 usd
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
1894881000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
22431000 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
16902000 usd
CY2022Q4 us-gaap Financing Receivable Unamortized Loan Fee Cost
FinancingReceivableUnamortizedLoanFeeCost
-6633000 usd
CY2021Q4 us-gaap Financing Receivable Unamortized Loan Fee Cost
FinancingReceivableUnamortizedLoanFeeCost
-2812000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
2646384000 usd
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
1875167000 usd
CY2022 bwfg Percentage Of Market Value Of Collateral
PercentageOfMarketValueOfCollateral
0.80
CY2022 bwfg Private Mortgage Minimum Percentage Of Appraised Value Property
PrivateMortgageMinimumPercentageOfAppraisedValueProperty
0.80
CY2022 bwfg Maximum Percent Of Loan In Comparison With Original Appraised Value Of Property
MaximumPercentOfLoanInComparisonWithOriginalAppraisedValueOfProperty
0.80
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
16902000 usd
CY2022 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
22000 usd
CY2022 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
114000 usd
CY2022 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
5437000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
22431000 usd
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
21009000 usd
CY2021 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
4093000 usd
CY2021 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
43000 usd
CY2022Q4 us-gaap Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.085
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
16902000 usd
CY2022Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
42830000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
901000 usd
CY2022Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
2632618000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
21530000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
2675448000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
22431000 usd
CY2021Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
47181000 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
2868000 usd
CY2021Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
1847700000 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
14034000 usd
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
1894881000 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
16902000 usd
CY2022Q4 bwfg Deferred Loans
DeferredLoans
0 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
2675448000 usd
CY2021Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
1894881000 usd
CY2022 bwfg Number Of Loans
NumberOfLoans
0 loan
CY2021 bwfg Number Of Loans
NumberOfLoans
2 loan
CY2021Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
1100000 usd
CY2022Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
16441000 usd
CY2021Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
16587000 usd
CY2022 us-gaap Loans And Leases Receivable Impaired Interest Lost On Nonaccrual Loans
LoansAndLeasesReceivableImpairedInterestLostOnNonaccrualLoans
800000 usd
CY2021 us-gaap Loans And Leases Receivable Impaired Interest Lost On Nonaccrual Loans
LoansAndLeasesReceivableImpairedInterestLostOnNonaccrualLoans
900000 usd
CY2022 us-gaap Financing Receivable Change In Present Value Interest Income
FinancingReceivableChangeInPresentValueInterestIncome
0 usd
CY2021 us-gaap Financing Receivable Change In Present Value Interest Income
FinancingReceivableChangeInPresentValueInterestIncome
62000 usd
CY2022Q4 bwfg Financing Receivable Recorded Investment Nonaccrual With No Allowance For Loan Losses Status Nonaccrual With No Allowance For Loan Losses Status
FinancingReceivableRecordedInvestmentNonaccrualWithNoAllowanceForLoanLossesStatusNonaccrualWithNoAllowanceForLoanLossesStatus
14700000 usd
CY2021Q4 bwfg Financing Receivable Recorded Investment Nonaccrual With No Allowance For Loan Losses Status Nonaccrual With No Allowance For Loan Losses Status
FinancingReceivableRecordedInvestmentNonaccrualWithNoAllowanceForLoanLossesStatusNonaccrualWithNoAllowanceForLoanLossesStatus
14200000 usd
CY2022Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
18561000 usd
CY2022Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
19387000 usd
CY2022 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
18827000 usd
CY2022 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeCashBasisMethod
160000 usd
CY2022Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
24269000 usd
CY2022Q4 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
24269000 usd
CY2022Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
901000 usd
CY2022 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
23226000 usd
CY2022 us-gaap Impaired Financing Receivable With Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeCashBasisMethod
576000 usd
CY2022Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
42830000 usd
CY2022Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
43656000 usd
CY2022Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
901000 usd
CY2022 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
42053000 usd
CY2022 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
736000 usd
CY2021Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
21124000 usd
CY2021Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
22315000 usd
CY2021 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
21251000 usd
CY2021 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeCashBasisMethod
534000 usd
CY2021Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
26057000 usd
CY2021Q4 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
26100000 usd
CY2021Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
2868000 usd
CY2021 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
27195000 usd
CY2021 us-gaap Impaired Financing Receivable With Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeCashBasisMethod
710000 usd
CY2021Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
47181000 usd
CY2021Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
48415000 usd
CY2021Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
2868000 usd
CY2021 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
48446000 usd
CY2021 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
1244000 usd
CY2022Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
22200000 usd
CY2021Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
25800000 usd
CY2022 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
1 loan
CY2021 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
5 loan
CY2022 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
703000 usd
CY2021 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
16865000 usd
CY2022 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
703000 usd
CY2021 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
16989000 usd
CY2022Q4 bwfg Troubled Debt Restructuring Financing Receivable Non Accrual Status Contracts
TroubledDebtRestructuringFinancingReceivableNonAccrualStatusContracts
7000 loan
CY2022Q4 bwfg Troubled Debt Restructuring Financing Receivable Non Accrual Status
TroubledDebtRestructuringFinancingReceivableNonAccrualStatus
2500000 usd
CY2021Q4 bwfg Troubled Debt Restructuring Financing Receivable Non Accrual Status Contracts
TroubledDebtRestructuringFinancingReceivableNonAccrualStatusContracts
5000 loan
CY2021Q4 bwfg Troubled Debt Restructuring Financing Receivable Non Accrual Status
TroubledDebtRestructuringFinancingReceivableNonAccrualStatus
2000000 usd
CY2022 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
0 loan
CY2021 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
0 loan
CY2022Q4 us-gaap Capital Required To Be Well Capitalized To Risk Weighted Assets
CapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.105
CY2022 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
703000 usd
CY2021 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
16989000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
12832000 usd
CY2021Q4 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
14389000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
34653000 usd
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
31390000 usd
CY2022Q4 bwfg Entity Ownership Interest Requirements To Obtain Loans
EntityOwnershipInterestRequirementsToObtainLoans
0.10
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
7454000 usd
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
5802000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
27199000 usd
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
25588000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3400000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3600000 usd
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1500000 usd
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1600000 usd
CY2022Q4 bwfg Number Of Units Subject To Operating Lease
NumberOfUnitsSubjectToOperatingLease
8 branch
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
2500000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
3000000 usd
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
100000 usd
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
100000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
12800000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
13700000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
2168000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2013000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1991000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2015000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
2037000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
6421000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
16645000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
16645000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
2951000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
13694000 usd
CY2022Q4 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
2479000 usd
CY2021Q4 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
3667000 usd
CY2022Q4 us-gaap Servicing Asset
ServicingAsset
746000 usd
CY2021Q4 us-gaap Servicing Asset
ServicingAsset
818000 usd
CY2022Q4 bwfg Derivative Asset Excluding Accrued Interest
DerivativeAssetExcludingAccruedInterest
12499000 usd
CY2021Q4 bwfg Derivative Asset Excluding Accrued Interest
DerivativeAssetExcludingAccruedInterest
3628000 usd
CY2022Q4 us-gaap Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
0 usd
CY2021Q4 us-gaap Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
15845000 usd
CY2022Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group Current Other
AssetsHeldForSaleNotPartOfDisposalGroupCurrentOther
0 usd
CY2021Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group Current Other
AssetsHeldForSaleNotPartOfDisposalGroupCurrentOther
2268000 usd
CY2022Q4 bwfg Assets Other
AssetsOther
7289000 usd
CY2021Q4 bwfg Assets Other
AssetsOther
6482000 usd
CY2022Q4 us-gaap Other Assets
OtherAssets
23013000 usd
CY2022 us-gaap Servicing Asset At Amortized Value Valuation Allowance
ServicingAssetAtAmortizedValueValuationAllowance
-138000 usd
CY2021Q4 us-gaap Other Assets
OtherAssets
32708000 usd
CY2022 us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
-1200000 usd
CY2022Q4 bwfg Loans Serviced For Others
LoansServicedForOthers
147500000 usd
CY2021Q4 bwfg Loans Serviced For Others
LoansServicedForOthers
111600000 usd
CY2022Q4 us-gaap Servicing Asset
ServicingAsset
700000 usd
CY2021Q4 us-gaap Servicing Asset
ServicingAsset
800000 usd
CY2021Q4 us-gaap Servicing Asset
ServicingAsset
818000 usd
CY2020Q4 us-gaap Servicing Asset
ServicingAsset
628000 usd
CY2022 bwfg Capitalization Of Servicing Rights
CapitalizationOfServicingRights
444000 usd
CY2021 bwfg Capitalization Of Servicing Rights
CapitalizationOfServicingRights
457000 usd
CY2022 us-gaap Servicing Asset At Amortized Value Amortization1
ServicingAssetAtAmortizedValueAmortization1
192000 usd
CY2021 us-gaap Servicing Asset At Amortized Value Amortization1
ServicingAssetAtAmortizedValueAmortization1
149000 usd
CY2022 us-gaap Servicing Asset At Amortized Value Disposals
ServicingAssetAtAmortizedValueDisposals
186000 usd
CY2021 us-gaap Servicing Asset At Amortized Value Disposals
ServicingAssetAtAmortizedValueDisposals
166000 usd
CY2021 us-gaap Servicing Asset At Amortized Value Valuation Allowance
ServicingAssetAtAmortizedValueValuationAllowance
48000 usd
CY2022Q4 us-gaap Servicing Asset
ServicingAsset
746000 usd
CY2021Q4 us-gaap Servicing Asset
ServicingAsset
818000 usd
CY2022Q4 us-gaap Servicing Liability
ServicingLiability
23000 usd
CY2021Q4 us-gaap Servicing Liability
ServicingLiability
14000 usd
CY2021Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group Current Other
AssetsHeldForSaleNotPartOfDisposalGroupCurrentOther
2300000 usd
CY2022Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
404559000 usd
CY2021Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
398956000 usd
CY2022Q4 us-gaap Interest Bearing Domestic Deposit Negotiable Order Of Withdrawal Now
InterestBearingDomesticDepositNegotiableOrderOfWithdrawalNOW
104057000 usd
CY2021Q4 us-gaap Interest Bearing Domestic Deposit Negotiable Order Of Withdrawal Now
InterestBearingDomesticDepositNegotiableOrderOfWithdrawalNOW
119479000 usd
CY2022Q4 us-gaap Interest Bearing Domestic Deposit Money Market
InterestBearingDomesticDepositMoneyMarket
913868000 usd
CY2021Q4 us-gaap Interest Bearing Domestic Deposit Money Market
InterestBearingDomesticDepositMoneyMarket
954674000 usd
CY2022Q4 us-gaap Interest Bearing Domestic Deposit Savings
InterestBearingDomesticDepositSavings
151944000 usd
CY2021Q4 us-gaap Interest Bearing Domestic Deposit Savings
InterestBearingDomesticDepositSavings
193631000 usd
CY2022Q4 us-gaap Interest Bearing Domestic Deposit Time Deposits
InterestBearingDomesticDepositTimeDeposits
1226390000 usd
CY2021Q4 us-gaap Interest Bearing Domestic Deposit Time Deposits
InterestBearingDomesticDepositTimeDeposits
457258000 usd
CY2022Q4 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
2396259000 usd
CY2021Q4 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
1725042000 usd
CY2022Q4 us-gaap Deposits
Deposits
2800818000 usd
CY2021Q4 us-gaap Deposits
Deposits
2123998000 usd
CY2021Q4 us-gaap Time Deposit Maturities Year One
TimeDepositMaturitiesYearOne
167147000 usd
CY2022Q4 us-gaap Time Deposit Maturities Year One
TimeDepositMaturitiesYearOne
1084321000 usd
CY2021Q4 us-gaap Time Deposit Maturities Year Two
TimeDepositMaturitiesYearTwo
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CY2022Q4 us-gaap Time Deposit Maturities Year Two
TimeDepositMaturitiesYearTwo
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CY2021Q4 us-gaap Time Deposit Maturities Year Three
TimeDepositMaturitiesYearThree
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TimeDepositMaturitiesYearThree
5927000 usd
CY2021Q4 us-gaap Time Deposit Maturities Year Four
TimeDepositMaturitiesYearFour
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CY2022Q4 us-gaap Time Deposit Maturities Year Four
TimeDepositMaturitiesYearFour
109000 usd
CY2021Q4 us-gaap Time Deposit Maturities Year Five
TimeDepositMaturitiesYearFive
109000 usd
CY2022Q4 us-gaap Time Deposit Maturities Year Five
TimeDepositMaturitiesYearFive
68000 usd
CY2021Q4 us-gaap Time Deposit Maturities After Year Five
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CY2022Q4 us-gaap Interest Bearing Domestic Deposit Time Deposits
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CY2021Q4 us-gaap Interest Bearing Domestic Deposit Time Deposits
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457258000 usd
CY2022Q4 us-gaap Cash Uninsured Amount
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CY2021Q4 us-gaap Cash Uninsured Amount
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CY2022Q4 bwfg Brokerage Certificate Of Deposits
BrokerageCertificateOfDeposits
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CY2021Q4 bwfg Brokerage Certificate Of Deposits
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CY2021Q4 bwfg Brokerage Certificate Of Deposits National Listing Service
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CY2022Q4 bwfg Brokerage Certificate Of Deposits National Listing Service
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CY2022Q4 bwfg Brokered Money Market Accounts
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50100000 usd
CY2021Q4 bwfg Brokered Money Market Accounts
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CY2022 bwfg Interest Expense Deposit Liabilities Notice Of Withdrawal And Money Market
InterestExpenseDepositLiabilitiesNoticeOfWithdrawalAndMoneyMarket
203000 usd
CY2021 bwfg Interest Expense Deposit Liabilities Notice Of Withdrawal And Money Market
InterestExpenseDepositLiabilitiesNoticeOfWithdrawalAndMoneyMarket
198000 usd
CY2022 us-gaap Interest Expense Domestic Deposit Liabilities Money Market
InterestExpenseDomesticDepositLiabilitiesMoneyMarket
8830000 usd
CY2021 us-gaap Interest Expense Domestic Deposit Liabilities Money Market
InterestExpenseDomesticDepositLiabilitiesMoneyMarket
4042000 usd
CY2022 us-gaap Interest Expense Domestic Deposit Liabilities Savings
InterestExpenseDomesticDepositLiabilitiesSavings
1259000 usd
CY2021 us-gaap Interest Expense Domestic Deposit Liabilities Savings
InterestExpenseDomesticDepositLiabilitiesSavings
413000 usd
CY2022 us-gaap Interest Expense Domestic Deposit Liabilities Certificates Of Deposit
InterestExpenseDomesticDepositLiabilitiesCertificatesOfDeposit
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CY2021 us-gaap Interest Expense Domestic Deposit Liabilities Certificates Of Deposit
InterestExpenseDomesticDepositLiabilitiesCertificatesOfDeposit
5790000 usd
CY2022 us-gaap Interest Expense Deposits
InterestExpenseDeposits
19364000 usd
CY2021 us-gaap Interest Expense Deposits
InterestExpenseDeposits
10443000 usd
CY2022Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due Within One Year Of Balance Sheet Date
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CY2022Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Average Interest Rate Of Amounts Due Within One Year Of Balance Sheet Date
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0
CY2021Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due Within One Year Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueWithinOneYearOfBalanceSheetDate
50000000 usd
CY2021Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Average Interest Rate Of Amounts Due Within One Year Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryAverageInterestRateOfAmountsDueWithinOneYearOfBalanceSheetDate
0.0181
CY2022Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From One To Two Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromOneToTwoYearsOfBalanceSheetDate
90000000 usd
CY2022Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Average Interest Rate One To Two Years From Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryAverageInterestRateOneToTwoYearsFromBalanceSheetDate
0.0229
CY2021Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From One To Two Years Of Balance Sheet Date
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CY2021Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Average Interest Rate One To Two Years From Balance Sheet Date
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CY2022Q4 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
90000000 usd
CY2022Q4 us-gaap Federal Home Loan Bank Advances Branch Of Fhlb Bank Interest Rate
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CY2021Q4 us-gaap Advances From Federal Home Loan Banks
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50000000 usd
CY2021Q4 us-gaap Federal Home Loan Bank Advances Branch Of Fhlb Bank Interest Rate
FederalHomeLoanBankAdvancesBranchOfFHLBBankInterestRate
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CY2022Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
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CY2022Q4 us-gaap Line Of Credit
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96000000 usd
CY2022Q4 bwfg Number Of Units Subject To Operating Lease
NumberOfUnitsSubjectToOperatingLease
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CY2022Q4 us-gaap Fair Value Disclosure Offbalance Sheet Risks Face Amount Liability
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560964000 usd
CY2021Q4 us-gaap Fair Value Disclosure Offbalance Sheet Risks Face Amount Liability
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396869000 usd
CY2022Q4 bwfg Reserve For Unfunded Commitments
ReserveForUnfundedCommitments
80000 usd
CY2021Q4 bwfg Reserve For Unfunded Commitments
ReserveForUnfundedCommitments
170000 usd
CY2022Q4 us-gaap Other Commitment
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4800000 usd
CY2022Q4 bwfg Small Business Investment Company Number
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CY2022 us-gaap Current Federal Tax Expense Benefit
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CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
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CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1609000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
553000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
12518000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
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CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2021 us-gaap Deferred Federal State And Local Tax Expense Benefit
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CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
10077000 usd
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
7111000 usd
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1241000 usd
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
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CY2022 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
368000 usd
CY2021 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
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CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
28000 usd
CY2022 bwfg Effective Income Tax Rate Reconciliation Deferred Directors Fee Amount
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CY2021 bwfg Effective Income Tax Rate Reconciliation Deferred Directors Fee Amount
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IncomeTaxReconciliationOtherAdjustments
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CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision For Loan Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses
5158000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision For Loan Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses
3829000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
370000 usd
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
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CY2022Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
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DeferredTaxAssetsDeferredIncome
1697000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense
DeferredTaxAssetsTaxDeferredExpense
380000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense
DeferredTaxAssetsTaxDeferredExpense
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CY2022Q4 bwfg Deferred Tax Assets Start Up Costs
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41000 usd
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DeferredTaxAssetsDerivativeInstruments
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CY2022Q4 us-gaap Deferred Tax Assets Unrealized Losses On Availablefor Sale Securities Gross
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1941000 usd
CY2021Q4 us-gaap Deferred Tax Assets Unrealized Losses On Availablefor Sale Securities Gross
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CY2022Q4 bwfg Deferred Tax Assets Lease Liability
DeferredTaxAssetsLeaseLiability
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CY2021Q4 bwfg Deferred Tax Assets Lease Liability
DeferredTaxAssetsLeaseLiability
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CY2022Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
1186000 usd
CY2021Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
1019000 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
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15352000 usd
CY2021Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
13818000 usd
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DeferredTaxLiabilitiesDeferredExpense
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49000 usd
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180000 usd
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DeferredTaxLiabilitiesPropertyPlantAndEquipment
1400000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
991000 usd
CY2022Q4 bwfg Deferred Tax Liabilities Unrealized Gain On Derivatives
DeferredTaxLiabilitiesUnrealizedGainOnDerivatives
1896000 usd
CY2021Q4 bwfg Deferred Tax Liabilities Unrealized Gain On Derivatives
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DeferredTaxLiabilitiesOtherComprehensiveIncome
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DeferredTaxLiabilitiesOtherComprehensiveIncome
475000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
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2940000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
3228000 usd
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CY2021Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
257000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
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CY2021Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
6197000 usd
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DeferredTaxAssetsLiabilitiesNet
7422000 usd
CY2021Q4 us-gaap Deferred Tax Assets Liabilities Net
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7621000 usd
CY2022Q4 us-gaap Liability For Uncertain Tax Positions Current
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500000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
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265000 usd
CY2020Q4 us-gaap Unrecognized Tax Benefits
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394000 usd
CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsIncreasesResultingFromSettlementsWithTaxingAuthorities
235000 usd
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
129000 usd
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
500000 usd
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
265000 usd
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311000 usd
CY2021 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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275000 usd
CY2022 us-gaap Net Income Loss
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CY2021 us-gaap Net Income Loss
NetIncomeLoss
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CY2022 bwfg Dividends To Participating Securities
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133000 usd
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CY2022 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
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680000 usd
CY2021 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
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412000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
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36616000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
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26077000 usd
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2022 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
77000 shares
CY2021 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
56000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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4.84
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4.79
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.36
CY2022Q4 bwfg Number Of Equity Award Plans
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CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
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CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
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CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
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CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
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12771000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
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21383000 usd
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CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
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CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
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4825000 usd
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax Parent
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2308000 usd
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
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16773000 usd
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
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8107000 usd
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CY2022Q4 us-gaap Derivative Assets
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13097000 usd
CY2022Q4 us-gaap Derivative Collateral Obligation To Return Securities
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CY2022Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
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326000 usd
CY2022Q4 bwfg Accrued Interest Receivable Included In Fair Value Of Derivative Assets
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599000 usd
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Liability
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4258000 usd
CY2022Q4 us-gaap Derivative Liability Fair Value Gross Asset
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CY2022Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
4258000 usd
CY2022Q4 us-gaap Derivative Collateral Right To Reclaim Securities
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CY2022Q4 us-gaap Derivative Collateral Right To Reclaim Cash
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CY2022Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
4258000 usd
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
3604000 usd
CY2021Q4 us-gaap Derivative Asset Fair Value Gross Liability
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CY2021Q4 us-gaap Derivative Assets
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3604000 usd
CY2021Q4 us-gaap Derivative Collateral Obligation To Return Securities
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217000 usd
CY2021Q4 us-gaap Derivative Collateral Obligation To Return Cash
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CY2021Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
3387000 usd
CY2021Q4 bwfg Accrued Interest Payable Included In Fair Value Of Derivative Assets
AccruedInterestPayableIncludedInFairValueOfDerivativeAssets
24000 usd
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
17338000 usd
CY2022Q4 us-gaap Banking Regulation Common Equity Tier One Risk Based Capital Ratio Undercapitalized Minimum
BankingRegulationCommonEquityTierOneRiskBasedCapitalRatioUndercapitalizedMinimum
0.045
CY2022Q4 us-gaap Tier One Leverage Capital Required To Be Well Capitalized To Average Assets
TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets
0.040
CY2021Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
0 usd
CY2021Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
17338000 usd
CY2021Q4 us-gaap Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
217000 usd
CY2021Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
15845000 usd
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
1276000 usd
CY2021Q4 bwfg Accrued Interest Payable Included In Fair Valueof Derivative Liability
AccruedInterestPayableIncludedInFairValueofDerivativeLiability
558000 usd
CY2022Q4 us-gaap Banking Regulation Total Risk Based Capital Ratio Undercapitalized Minimum
BankingRegulationTotalRiskBasedCapitalRatioUndercapitalizedMinimum
0.080
CY2022Q4 us-gaap Banking Regulation Tier One Risk Based Capital Ratio Undercapitalized Minimum
BankingRegulationTierOneRiskBasedCapitalRatioUndercapitalizedMinimum
0.060
CY2022Q4 us-gaap Common Equity Tier One Capital
CommonEquityTierOneCapital
294926000 usd
CY2022Q4 us-gaap Common Equity Tier One Capital Ratio
CommonEquityTierOneCapitalRatio
0.1028
CY2022Q4 us-gaap Common Equity Tier One Capital Required To Be Well Capitalized
CommonEquityTierOneCapitalRequiredToBeWellCapitalized
200785000 usd
CY2022Q4 us-gaap Banking Regulation Common Equity Tier One Risk Based Capital Ratio Well Capitalized Minimum
BankingRegulationCommonEquityTierOneRiskBasedCapitalRatioWellCapitalizedMinimum
0.0700
CY2022Q4 us-gaap Common Equity Tier One Capital Required For Capital Adequacy
CommonEquityTierOneCapitalRequiredForCapitalAdequacy
186443000 usd
CY2022Q4 us-gaap Banking Regulation Common Equity Tier One Risk Based Capital Ratio Capital Adequacy Minimum
BankingRegulationCommonEquityTierOneRiskBasedCapitalRatioCapitalAdequacyMinimum
0.0650
CY2022Q4 us-gaap Capital
Capital
317437000 usd
CY2022Q4 us-gaap Capital To Risk Weighted Assets
CapitalToRiskWeightedAssets
0.1107
CY2022Q4 us-gaap Capital Required To Be Well Capitalized
CapitalRequiredToBeWellCapitalized
301177000 usd
CY2022Q4 us-gaap Capital Required To Be Well Capitalized To Risk Weighted Assets
CapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.1050
CY2022Q4 us-gaap Capital Required For Capital Adequacy
CapitalRequiredForCapitalAdequacy
286836000 usd
CY2022Q4 us-gaap Capital Required For Capital Adequacy To Risk Weighted Assets
CapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.1000
CY2022Q4 us-gaap Tier One Risk Based Capital
TierOneRiskBasedCapital
294926000 usd
CY2022Q4 us-gaap Tier One Risk Based Capital To Risk Weighted Assets
TierOneRiskBasedCapitalToRiskWeightedAssets
0.1028
CY2022Q4 us-gaap Tier One Risk Based Capital Required To Be Well Capitalized
TierOneRiskBasedCapitalRequiredToBeWellCapitalized
243810000 usd
CY2022Q4 us-gaap Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.0850
CY2022Q4 us-gaap Tier One Risk Based Capital Required For Capital Adequacy
TierOneRiskBasedCapitalRequiredForCapitalAdequacy
229469000 usd
CY2022Q4 us-gaap Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.0800
CY2022Q4 us-gaap Tier One Leverage Capital
TierOneLeverageCapital
294926000 usd
CY2022Q4 us-gaap Tier One Leverage Capital To Average Assets
TierOneLeverageCapitalToAverageAssets
0.0988
CY2022Q4 us-gaap Tier One Leverage Capital Required To Be Well Capitalized
TierOneLeverageCapitalRequiredToBeWellCapitalized
119361000 usd
CY2022Q4 us-gaap Tier One Leverage Capital Required To Be Well Capitalized To Average Assets
TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets
0.0400
CY2022Q4 us-gaap Tier One Leverage Capital Required For Capital Adequacy
TierOneLeverageCapitalRequiredForCapitalAdequacy
149202000 usd
CY2022Q4 us-gaap Tier One Leverage Capital Required For Capital Adequacy To Average Assets
TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets
0.0500
CY2021Q4 us-gaap Common Equity Tier One Capital
CommonEquityTierOneCapital
232106000 usd
CY2021Q4 us-gaap Common Equity Tier One Capital Ratio
CommonEquityTierOneCapitalRatio
0.1118
CY2021Q4 us-gaap Common Equity Tier One Capital Required To Be Well Capitalized
CommonEquityTierOneCapitalRequiredToBeWellCapitalized
145353000 usd
CY2021Q4 us-gaap Banking Regulation Common Equity Tier One Risk Based Capital Ratio Well Capitalized Minimum
BankingRegulationCommonEquityTierOneRiskBasedCapitalRatioWellCapitalizedMinimum
0.0700
CY2021Q4 us-gaap Common Equity Tier One Capital Required For Capital Adequacy
CommonEquityTierOneCapitalRequiredForCapitalAdequacy
134971000 usd
CY2021Q4 us-gaap Banking Regulation Common Equity Tier One Risk Based Capital Ratio Capital Adequacy Minimum
BankingRegulationCommonEquityTierOneRiskBasedCapitalRatioCapitalAdequacyMinimum
0.0650
CY2021Q4 us-gaap Capital
Capital
249178000 usd
CY2021Q4 us-gaap Tier One Leverage Capital Required For Capital Adequacy To Average Assets
TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets
0.0500
CY2021Q4 us-gaap Capital To Risk Weighted Assets
CapitalToRiskWeightedAssets
0.1200
CY2021Q4 us-gaap Capital Required To Be Well Capitalized
CapitalRequiredToBeWellCapitalized
218030000 usd
CY2021Q4 us-gaap Capital Required To Be Well Capitalized To Risk Weighted Assets
CapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.1050
CY2021Q4 us-gaap Capital Required For Capital Adequacy
CapitalRequiredForCapitalAdequacy
207648000 usd
CY2021Q4 us-gaap Capital Required For Capital Adequacy To Risk Weighted Assets
CapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.1000
CY2021Q4 us-gaap Tier One Risk Based Capital
TierOneRiskBasedCapital
232106000 usd
CY2021Q4 us-gaap Tier One Risk Based Capital To Risk Weighted Assets
TierOneRiskBasedCapitalToRiskWeightedAssets
0.1118
CY2021Q4 us-gaap Tier One Risk Based Capital Required To Be Well Capitalized
TierOneRiskBasedCapitalRequiredToBeWellCapitalized
176500000 usd
CY2021Q4 us-gaap Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.0850
CY2021Q4 us-gaap Tier One Risk Based Capital Required For Capital Adequacy
TierOneRiskBasedCapitalRequiredForCapitalAdequacy
166118000 usd
CY2021Q4 us-gaap Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.0800
CY2021Q4 us-gaap Tier One Leverage Capital
TierOneLeverageCapital
232106000 usd
CY2021Q4 us-gaap Tier One Leverage Capital To Average Assets
TierOneLeverageCapitalToAverageAssets
0.0994
CY2021Q4 us-gaap Tier One Leverage Capital Required To Be Well Capitalized
TierOneLeverageCapitalRequiredToBeWellCapitalized
93392000 usd
CY2021Q4 us-gaap Tier One Leverage Capital Required To Be Well Capitalized To Average Assets
TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets
0.0400
CY2021Q4 us-gaap Tier One Leverage Capital Required For Capital Adequacy
TierOneLeverageCapitalRequiredForCapitalAdequacy
116740000 usd
CY2021Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
25416000 usd
CY2020Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
30592000 usd
CY2022 us-gaap Loans And Leases Receivable Related Parties Additions
LoansAndLeasesReceivableRelatedPartiesAdditions
0 usd
CY2021 us-gaap Loans And Leases Receivable Related Parties Additions
LoansAndLeasesReceivableRelatedPartiesAdditions
0 usd
CY2022 us-gaap Loans And Leases Receivable Related Parties Proceeds
LoansAndLeasesReceivableRelatedPartiesProceeds
25416000 usd
CY2021 us-gaap Loans And Leases Receivable Related Parties Proceeds
LoansAndLeasesReceivableRelatedPartiesProceeds
5176000 usd
CY2022Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
0 usd
CY2021Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
25416000 usd
CY2022Q4 us-gaap Related Party Deposit Liabilities
RelatedPartyDepositLiabilities
18700000 usd
CY2021Q4 us-gaap Related Party Deposit Liabilities
RelatedPartyDepositLiabilities
53800000 usd
CY2022 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
5000 usd
CY2021 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
13000 usd
CY2022 bwfg Investment In Small Business Lending Fund
InvestmentInSmallBusinessLendingFund
1600000 usd

Files In Submission

Name View Source Status
bwfg-20221231_cal.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
0001505732-23-000109-index-headers.html Edgar Link pending
0001505732-23-000109-index.html Edgar Link pending
0001505732-23-000109.txt Edgar Link pending
0001505732-23-000109-xbrl.zip Edgar Link pending
bwfg-20221231.htm Edgar Link pending
bwfg-20221231.xsd Edgar Link pending
employmentagreement-cour.htm Edgar Link pending
employmentagreement-cour001.jpg Edgar Link pending
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bwfg-20221231_def.xml Edgar Link unprocessable
bwfg-20221231_lab.xml Edgar Link unprocessable
bwfg-20221231_pre.xml Edgar Link unprocessable
bwfg-20221231_htm.xml Edgar Link completed
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