2024 Q3 Form 10-Q Financial Statement

#000150573224000153 Filed on August 07, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $575.0K $495.0K
YoY Change 95.58% 37.12%
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 $934.0K $931.0K
YoY Change 3.78% 3.91%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $2.712M $1.474M
YoY Change -78.9% -85.51%
Income Tax $786.0K $356.0K
% Of Pretax Income 28.98% 24.15%
Net Earnings $1.926M $1.092M
YoY Change -80.3% -85.95%
Net Earnings / Revenue 334.96% 220.61%
Basic Earnings Per Share $0.24 $0.14
Diluted Earnings Per Share $0.24 $0.14
COMMON SHARES
Basic Shares Outstanding 7.857M shares 7.898M shares
Diluted Shares Outstanding 7.721M shares 7.724M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $291.3M $251.4M
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 $24.78M $25.60M
YoY Change -7.88% -7.44%
Goodwill $2.589M $2.589M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $9.300M $11.35M
YoY Change -1.06% 13.29%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $3.161B $3.142B
YoY Change -2.73% -3.41%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $45.59M $52.98M
YoY Change -28.87% -5.32%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $45.59M $52.98M
YoY Change -28.87% -5.32%
LONG-TERM LIABILITIES
Long-Term Debt $69.39M $69.33M
YoY Change 0.42% 0.36%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $69.39M $69.33M
YoY Change 0.42% 0.36%
TOTAL LIABILITIES
Total Short-Term Liabilities $45.59M $52.98M
Total Long-Term Liabilities $69.39M $69.33M
Total Liabilities $2.893B $2.875B
YoY Change -3.3% -4.3%
SHAREHOLDERS EQUITY
Retained Earnings $151.3M $150.9M
YoY Change 6.37% 12.62%
Common Stock $118.4M $118.0M
YoY Change 1.07% 1.28%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $267.9M $267.0M
YoY Change
Total Liabilities & Shareholders Equity $3.161B $3.142B
YoY Change -2.73% -3.41%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $1.926M $1.092M
YoY Change -80.3% -85.95%
Depreciation, Depletion And Amortization $934.0K $931.0K
YoY Change 3.78% 3.91%
Cash From Operating Activities -$557.0K $7.149M
YoY Change -104.38% -43.39%
INVESTING ACTIVITIES
Capital Expenditures $115.0K $369.0K
YoY Change -17.86% -61.08%
Acquisitions
YoY Change
Other Investing Activities $16.63M $10.68M
YoY Change 215.54% -167.56%
Cash From Investing Activities $16.51M $10.31M
YoY Change 221.91% -161.54%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 24.00M -13.71M
YoY Change -210.09% 24.54%
NET CHANGE
Cash From Operating Activities -557.0K 7.149M
Cash From Investing Activities 16.51M 10.31M
Cash From Financing Activities 24.00M -13.71M
Net Change In Cash 39.96M 3.753M
YoY Change -1109.02% -124.8%
FREE CASH FLOW
Cash From Operating Activities -$557.0K $7.149M
Capital Expenditures $115.0K $369.0K
Free Cash Flow -$672.0K $6.780M
YoY Change -105.35% -41.95%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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CY2024Q2 us-gaap Derivative Liability Statement Of Financial Position Extensible Enumeration
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CY2023Q4 us-gaap Derivative Asset Statement Of Financial Position Extensible Enumeration
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CY2023Q4 us-gaap Derivative Liability Statement Of Financial Position Extensible Enumeration
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us-gaap Use Of Estimates
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<div><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="text-align:justify"><span><br/></span></div><div style="text-align:justify"><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 Credit Losses-Loans ("ACL-Loans"), derivative instrument valuation, investment securities valuation, Allowance for Credit Losses-Securities, and deferred income taxes valuation.</span></div>
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us-gaap Concentration Risk Credit Risk
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<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Significant Concentrations of Credit Risk</span></div><div><span><br/></span></div><div style="text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Many of the Company's activities are with clients located in Connecticut and New York, with the majority of the Company's commercial real estate investor loans in Connecticut and some New York metro area counties. Declines in property values in these areas could significantly impact the Company. The Company has a significant concentration in commercial real estate loans, with a growing percentage being owner-occupied, which present a lower risk profile.</span></div>
us-gaap Prior Period Reclassification Adjustment Description
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<div><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="text-align:justify"><span><br/></span></div><div style="text-align:justify"><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 2024 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>
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CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Originated More Than Five Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear
634377000 usd
CY2024Q2 bwfg Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Amortized Cost
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossAmortizedCost
2663789000 usd
bwfg Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year Writeoff Net
FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYearWriteoffNet
-15000 usd
us-gaap Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYearWriteoff
0 usd
us-gaap Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYearWriteoff
0 usd
bwfg Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year Writeoff Net
FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYearWriteoffNet
-765000 usd
bwfg Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year Writeoff Net
FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYearWriteoffNet
0 usd
bwfg Financing Receivable Excluding Accrued Interest Originated More Than Five Years Before Current Fiscal Year Writeoff Net
FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYearWriteoffNet
-3447000 usd
bwfg Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff Net
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoffNet
-4227000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYear
298696000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYear
1131008000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYear
466933000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYear
149001000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYear
142535000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Originated More Than Five Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear
537271000 usd
CY2023Q4 bwfg Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Amortized Cost
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossAmortizedCost
2725444000 usd
CY2023 bwfg Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year Writeoff Net
FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYearWriteoffNet
-83000 usd
CY2023 us-gaap Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYearWriteoff
0 usd
CY2023 bwfg Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year Writeoff Net
FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYearWriteoffNet
-213000 usd
CY2023 us-gaap Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYearWriteoff
0 usd
CY2023 bwfg Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year Writeoff Net
FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYearWriteoffNet
-440000 usd
CY2023 bwfg Financing Receivable Excluding Accrued Interest Originated More Than Five Years Before Current Fiscal Year Writeoff Net
FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYearWriteoffNet
-611000 usd
CY2023 bwfg Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff Net
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoffNet
-1347000 usd
CY2024Q2 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
114952000 usd
CY2024Q2 bwfg Financing Receivable Allowance For Credit Loss Individually Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossIndividuallyEvaluatedForImpairment
7788000 usd
CY2024Q2 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
2542233000 usd
CY2024Q2 bwfg Financing Receivable Allowance For Credit Loss Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossCollectivelyEvaluatedForImpairment
28295000 usd
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
2657185000 usd
CY2024Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
36083000 usd
CY2023Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
105005000 usd
CY2023Q4 bwfg Financing Receivable Allowance For Credit Loss Individually Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossIndividuallyEvaluatedForImpairment
955000 usd
CY2023Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
2613602000 usd
CY2023Q4 bwfg Financing Receivable Allowance For Credit Loss Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossCollectivelyEvaluatedForImpairment
26991000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
2718607000 usd
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
27946000 usd
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
2657185000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
2718607000 usd
bwfg Number Of Loans
NumberOfLoans
0 loan
CY2023 bwfg Number Of Loans
NumberOfLoans
0 loan
CY2024Q2 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
56205000 usd
CY2023Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
49207000 usd
bwfg Interest Income Lost On Nonaccrual Loans In Default
InterestIncomeLostOnNonaccrualLoansInDefault
1200000 usd
bwfg Interest Income Lost On Nonaccrual Loans In Default
InterestIncomeLostOnNonaccrualLoansInDefault
4200000 usd
CY2024Q2 bwfg Financing Receivable Recorded Investment Nonaccrual With No Allowance For Loan Losses Status Nonaccrual With No Allowance For Loan Losses Status
FinancingReceivableRecordedInvestmentNonaccrualWithNoAllowanceForLoanLossesStatusNonaccrualWithNoAllowanceForLoanLossesStatus
38100000 usd
CY2023Q4 bwfg Financing Receivable Recorded Investment Nonaccrual With No Allowance For Loan Losses Status Nonaccrual With No Allowance For Loan Losses Status
FinancingReceivableRecordedInvestmentNonaccrualWithNoAllowanceForLoanLossesStatusNonaccrualWithNoAllowanceForLoanLossesStatus
48300000 usd
CY2024Q2 bwfg Financing Receivable With No Related Allowance Carrying Value
FinancingReceivableWithNoRelatedAllowanceCarryingValue
96872000 usd
CY2023Q4 bwfg Financing Receivable With No Related Allowance Carrying Value
FinancingReceivableWithNoRelatedAllowanceCarryingValue
99012000 usd
CY2024Q2 bwfg Financing Receivable With No Related Allowance Individually Evaluated Unpaid Principal Balance
FinancingReceivableWithNoRelatedAllowanceIndividuallyEvaluatedUnpaidPrincipalBalance
102759000 usd
CY2023Q4 bwfg Financing Receivable With No Related Allowance Individually Evaluated Unpaid Principal Balance
FinancingReceivableWithNoRelatedAllowanceIndividuallyEvaluatedUnpaidPrincipalBalance
101067000 usd
CY2024Q2 bwfg Financing Receivable With Related Allowance Individually Evaluated Recorded Investment
FinancingReceivableWithRelatedAllowanceIndividuallyEvaluatedRecordedInvestment
18080000 usd
CY2023Q4 bwfg Financing Receivable With Related Allowance Individually Evaluated Recorded Investment
FinancingReceivableWithRelatedAllowanceIndividuallyEvaluatedRecordedInvestment
5993000 usd
CY2024Q2 bwfg Financing Receivable With Related Allowance Individually Evaluated Unpaid Principal Balance
FinancingReceivableWithRelatedAllowanceIndividuallyEvaluatedUnpaidPrincipalBalance
18471000 usd
CY2023Q4 bwfg Financing Receivable With Related Allowance Individually Evaluated Unpaid Principal Balance
FinancingReceivableWithRelatedAllowanceIndividuallyEvaluatedUnpaidPrincipalBalance
6017000 usd
CY2024Q2 bwfg Financing Receivable Individually Evaluated Related Allowance
FinancingReceivableIndividuallyEvaluatedRelatedAllowance
7788000 usd
CY2023Q4 bwfg Financing Receivable Individually Evaluated Related Allowance
FinancingReceivableIndividuallyEvaluatedRelatedAllowance
955000 usd
CY2024Q2 bwfg Financing Receivable Individually Evaluated Recorded Investment
FinancingReceivableIndividuallyEvaluatedRecordedInvestment
114952000 usd
CY2023Q4 bwfg Financing Receivable Individually Evaluated Recorded Investment
FinancingReceivableIndividuallyEvaluatedRecordedInvestment
105005000 usd
CY2024Q2 bwfg Financing Receivable Individually Evaluated Unpaid Principal Balance
FinancingReceivableIndividuallyEvaluatedUnpaidPrincipalBalance
121230000 usd
CY2023Q4 bwfg Financing Receivable Individually Evaluated Unpaid Principal Balance
FinancingReceivableIndividuallyEvaluatedUnpaidPrincipalBalance
107084000 usd
CY2024Q2 bwfg Financing Receivable Individually Evaluated Related Allowance
FinancingReceivableIndividuallyEvaluatedRelatedAllowance
7788000 usd
CY2024Q2 bwfg Financing Receivable Modified Average Carrying Amount With No Related Allowance
FinancingReceivableModifiedAverageCarryingAmountWithNoRelatedAllowance
97510000 usd
CY2023Q2 bwfg Financing Receivable Modified Average Carrying Amount With No Related Allowance
FinancingReceivableModifiedAverageCarryingAmountWithNoRelatedAllowance
19984000 usd
CY2024Q2 bwfg Financing Receivable Modified Interest Income With No Related Allowance
FinancingReceivableModifiedInterestIncomeWithNoRelatedAllowance
1205000 usd
CY2023Q2 bwfg Financing Receivable Modified Interest Income With No Related Allowance
FinancingReceivableModifiedInterestIncomeWithNoRelatedAllowance
60000 usd
CY2024Q2 bwfg Financing Receivable Modified Average Carrying Amount With Related Allowance
FinancingReceivableModifiedAverageCarryingAmountWithRelatedAllowance
17898000 usd
CY2023Q2 bwfg Financing Receivable Modified Average Carrying Amount With Related Allowance
FinancingReceivableModifiedAverageCarryingAmountWithRelatedAllowance
15890000 usd
CY2024Q2 bwfg Financing Receivable Modified Interest Income With Related Allowance
FinancingReceivableModifiedInterestIncomeWithRelatedAllowance
878000 usd
CY2023Q2 bwfg Financing Receivable Modified Interest Income With Related Allowance
FinancingReceivableModifiedInterestIncomeWithRelatedAllowance
87000 usd
CY2024Q2 bwfg Financing Receivable Modified Average Carrying Amount
FinancingReceivableModifiedAverageCarryingAmount
115408000 usd
CY2023Q2 bwfg Financing Receivable Modified Average Carrying Amount
FinancingReceivableModifiedAverageCarryingAmount
35874000 usd
CY2024Q2 bwfg Financing Receivable Modified In Period Interest Income Amount
FinancingReceivableModifiedInPeriodInterestIncomeAmount
2083000 usd
CY2023Q2 bwfg Financing Receivable Modified In Period Interest Income Amount
FinancingReceivableModifiedInPeriodInterestIncomeAmount
147000 usd
bwfg Financing Receivable Modified Average Carrying Amount With No Related Allowance
FinancingReceivableModifiedAverageCarryingAmountWithNoRelatedAllowance
99488000 usd
bwfg Financing Receivable Modified Average Carrying Amount With No Related Allowance
FinancingReceivableModifiedAverageCarryingAmountWithNoRelatedAllowance
20143000 usd
bwfg Financing Receivable Modified Interest Income With No Related Allowance
FinancingReceivableModifiedInterestIncomeWithNoRelatedAllowance
2533000 usd
bwfg Financing Receivable Modified Interest Income With No Related Allowance
FinancingReceivableModifiedInterestIncomeWithNoRelatedAllowance
124000 usd
bwfg Financing Receivable Modified Average Carrying Amount With Related Allowance
FinancingReceivableModifiedAverageCarryingAmountWithRelatedAllowance
17989000 usd
bwfg Financing Receivable Modified Average Carrying Amount With Related Allowance
FinancingReceivableModifiedAverageCarryingAmountWithRelatedAllowance
15891000 usd
bwfg Financing Receivable Modified Interest Income With Related Allowance
FinancingReceivableModifiedInterestIncomeWithRelatedAllowance
1039000 usd
bwfg Financing Receivable Modified Interest Income With Related Allowance
FinancingReceivableModifiedInterestIncomeWithRelatedAllowance
173000 usd
bwfg Financing Receivable Modified Average Carrying Amount
FinancingReceivableModifiedAverageCarryingAmount
117477000 usd
bwfg Financing Receivable Modified Average Carrying Amount
FinancingReceivableModifiedAverageCarryingAmount
36034000 usd
bwfg Financing Receivable Modified In Period Interest Income Amount
FinancingReceivableModifiedInPeriodInterestIncomeAmount
3572000 usd
bwfg Financing Receivable Modified In Period Interest Income Amount
FinancingReceivableModifiedInPeriodInterestIncomeAmount
297000 usd
CY2023Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
0 usd
CY2024Q2 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
0 usd
CY2024Q2 bwfg Financing Receivable Modifications Number Of Loans
FinancingReceivableModificationsNumberOfLoans
0 loan
CY2023Q2 bwfg Financing Receivable Modifications Number Of Loans
FinancingReceivableModificationsNumberOfLoans
0 loan
CY2024Q2 bwfg Financing Receivable Pre Modification Amount
FinancingReceivablePreModificationAmount
0 usd
CY2023Q2 bwfg Financing Receivable Pre Modification Amount
FinancingReceivablePreModificationAmount
0 usd
CY2024Q2 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
0 usd
CY2023Q2 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
0 usd
bwfg Financing Receivable Modifications Number Of Loans
FinancingReceivableModificationsNumberOfLoans
0 loan
bwfg Financing Receivable Modifications Number Of Loans
FinancingReceivableModificationsNumberOfLoans
0 loan
bwfg Financing Receivable Pre Modification Amount
FinancingReceivablePreModificationAmount
0 usd
bwfg Financing Receivable Pre Modification Amount
FinancingReceivablePreModificationAmount
0 usd
us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
0 usd
us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
0 usd
CY2024Q2 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
8183000 usd
CY2023Q2 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
2579000 usd
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
11866000 usd
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
3405000 usd
CY2024Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
10000000 shares
CY2024Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
7866499 shares
CY2024Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
7866499 shares
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
10000000 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
7882616 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
7882616 shares
CY2018Q4 srt Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
400000 shares
bwfg Weighted Average Price Of Stock Repurchased During Period Per Shares
WeightedAveragePriceOfStockRepurchasedDuringPeriodPerShares
24.95
CY2024Q2 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
724000 usd
CY2024Q2 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
961000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-237000 usd
CY2023Q2 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
275000 usd
CY2023Q2 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
857000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-582000 usd
us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
1883000 usd
us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
2175000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-292000 usd
us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
112000 usd
us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
1639000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1527000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
1118000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
7983000 usd
us-gaap Net Income Loss
NetIncomeLoss
4881000 usd
us-gaap Net Income Loss
NetIncomeLoss
18362000 usd
CY2024Q2 bwfg Dividends To Participating Securities
DividendsToParticipatingSecurities
40000 usd
CY2023Q2 bwfg Dividends To Participating Securities
DividendsToParticipatingSecurities
41000 usd
bwfg Dividends To Participating Securities
DividendsToParticipatingSecurities
79000 usd
bwfg Dividends To Participating Securities
DividendsToParticipatingSecurities
84000 usd
CY2024Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
-14000 usd
CY2023Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
172000 usd
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
52000 usd
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
403000 usd
CY2024Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1092000 usd
CY2024Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1092000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
7770000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
7770000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
4750000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
4750000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
17875000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
17875000 usd
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7748000 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7593000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7706000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7574000 shares
CY2024Q2 bwfg Weighted Average Number Of Shares Outstanding Diluted Adjustment Net
WeightedAverageNumberOfSharesOutstandingDilutedAdjustmentNet
-24000 shares
CY2023Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
9000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
16000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
66000 shares
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7724000 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7602000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7722000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7640000 shares
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.14
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.02
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.62
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.36
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.14
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.02
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.62
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.34
CY2024Q2 us-gaap Banking Regulation Total Risk Based Capital Ratio Undercapitalized Minimum
BankingRegulationTotalRiskBasedCapitalRatioUndercapitalizedMinimum
0.080
CY2024Q2 us-gaap Banking Regulation Tier One Risk Based Capital Ratio Undercapitalized Minimum
BankingRegulationTierOneRiskBasedCapitalRatioUndercapitalizedMinimum
0.060
CY2024Q2 us-gaap Banking Regulation Common Equity Tier One Risk Based Capital Ratio Undercapitalized Minimum
BankingRegulationCommonEquityTierOneRiskBasedCapitalRatioUndercapitalizedMinimum
0.045
CY2024Q2 us-gaap Tier One Leverage Capital Required To Be Well Capitalized To Average Assets
TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets
0.040
CY2024Q2 us-gaap Banking Regulation Tier One Leverage Capital Ratio Undercapitalized Minimum
BankingRegulationTierOneLeverageCapitalRatioUndercapitalizedMinimum
0.025
CY2024Q2 us-gaap Banking Regulation Common Equity Tier One Risk Based Capital Ratio Well Capitalized Minimum
BankingRegulationCommonEquityTierOneRiskBasedCapitalRatioWellCapitalizedMinimum
0.070
CY2024Q2 us-gaap Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.085
CY2024Q2 us-gaap Capital Required To Be Well Capitalized To Risk Weighted Assets
CapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.105
CY2024Q2 us-gaap Common Equity Tier One Capital
CommonEquityTierOneCapital
324443000 usd
CY2024Q2 us-gaap Common Equity Tier One Capital Ratio
CommonEquityTierOneCapitalRatio
0.1167
CY2024Q2 us-gaap Common Equity Tier One Capital Required To Be Well Capitalized
CommonEquityTierOneCapitalRequiredToBeWellCapitalized
194589000 usd
CY2024Q2 us-gaap Banking Regulation Common Equity Tier One Risk Based Capital Ratio Well Capitalized Minimum
BankingRegulationCommonEquityTierOneRiskBasedCapitalRatioWellCapitalizedMinimum
0.0700
CY2024Q2 us-gaap Common Equity Tier One Capital Required For Capital Adequacy
CommonEquityTierOneCapitalRequiredForCapitalAdequacy
180690000 usd
CY2024Q2 us-gaap Banking Regulation Common Equity Tier One Risk Based Capital Ratio Capital Adequacy Minimum
BankingRegulationCommonEquityTierOneRiskBasedCapitalRatioCapitalAdequacyMinimum
0.0650
CY2024Q2 us-gaap Tier One Risk Based Capital
TierOneRiskBasedCapital
324443000 usd
CY2024Q2 us-gaap Tier One Risk Based Capital To Risk Weighted Assets
TierOneRiskBasedCapitalToRiskWeightedAssets
0.1167
CY2024Q2 us-gaap Tier One Risk Based Capital Required To Be Well Capitalized
TierOneRiskBasedCapitalRequiredToBeWellCapitalized
236287000 usd
CY2024Q2 us-gaap Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.0850
CY2024Q2 us-gaap Tier One Risk Based Capital Required For Capital Adequacy
TierOneRiskBasedCapitalRequiredForCapitalAdequacy
222388000 usd
CY2024Q2 us-gaap Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.0800
CY2024Q2 us-gaap Capital
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359216000 usd
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CapitalToRiskWeightedAssets
0.1292
CY2024Q2 us-gaap Capital Required To Be Well Capitalized
CapitalRequiredToBeWellCapitalized
291884000 usd
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CapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.1050
CY2024Q2 us-gaap Capital Required For Capital Adequacy
CapitalRequiredForCapitalAdequacy
277985000 usd
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CapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.1000
CY2024Q2 us-gaap Tier One Leverage Capital
TierOneLeverageCapital
324443000 usd
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TierOneLeverageCapitalToAverageAssets
0.1017
CY2024Q2 us-gaap Tier One Leverage Capital Required To Be Well Capitalized
TierOneLeverageCapitalRequiredToBeWellCapitalized
127556000 usd
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TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets
0.0400
CY2024Q2 us-gaap Tier One Leverage Capital Required For Capital Adequacy
TierOneLeverageCapitalRequiredForCapitalAdequacy
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TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets
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CY2023Q4 us-gaap Common Equity Tier One Capital
CommonEquityTierOneCapital
321432000 usd
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CommonEquityTierOneCapitalRatio
0.1130
CY2023Q4 us-gaap Common Equity Tier One Capital Required To Be Well Capitalized
CommonEquityTierOneCapitalRequiredToBeWellCapitalized
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BankingRegulationCommonEquityTierOneRiskBasedCapitalRatioWellCapitalizedMinimum
0.0700
CY2023Q4 us-gaap Common Equity Tier One Capital Required For Capital Adequacy
CommonEquityTierOneCapitalRequiredForCapitalAdequacy
184829000 usd
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0.0650
CY2023Q4 us-gaap Tier One Risk Based Capital
TierOneRiskBasedCapital
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TierOneRiskBasedCapitalToRiskWeightedAssets
0.1130
CY2023Q4 us-gaap Tier One Risk Based Capital Required To Be Well Capitalized
TierOneRiskBasedCapitalRequiredToBeWellCapitalized
241700000 usd
CY2023Q4 us-gaap Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.0850
CY2023Q4 us-gaap Tier One Risk Based Capital Required For Capital Adequacy
TierOneRiskBasedCapitalRequiredForCapitalAdequacy
227482000 usd
CY2023Q4 us-gaap Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.0800
CY2023Q4 us-gaap Capital
Capital
350303000 usd
CY2023Q4 us-gaap Capital To Risk Weighted Assets
CapitalToRiskWeightedAssets
0.1232
CY2023Q4 us-gaap Capital Required To Be Well Capitalized
CapitalRequiredToBeWellCapitalized
298571000 usd
CY2023Q4 us-gaap Capital Required To Be Well Capitalized To Risk Weighted Assets
CapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.1050
CY2023Q4 us-gaap Capital Required For Capital Adequacy
CapitalRequiredForCapitalAdequacy
284353000 usd
CY2023Q4 us-gaap Capital Required For Capital Adequacy To Risk Weighted Assets
CapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.1000
CY2023Q4 us-gaap Tier One Leverage Capital
TierOneLeverageCapital
321432000 usd
CY2023Q4 us-gaap Tier One Leverage Capital To Average Assets
TierOneLeverageCapitalToAverageAssets
0.0981
CY2023Q4 us-gaap Tier One Leverage Capital Required To Be Well Capitalized
TierOneLeverageCapitalRequiredToBeWellCapitalized
131110000 usd
CY2023Q4 us-gaap Tier One Leverage Capital Required To Be Well Capitalized To Average Assets
TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets
0.0400
CY2023Q4 us-gaap Tier One Leverage Capital Required For Capital Adequacy
TierOneLeverageCapitalRequiredForCapitalAdequacy
163888000 usd
CY2023Q4 us-gaap Tier One Leverage Capital Required For Capital Adequacy To Average Assets
TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets
0.0500
CY2024Q2 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
328475000 usd
CY2023Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
346172000 usd
CY2024Q2 us-gaap Interest Bearing Domestic Deposit Negotiable Order Of Withdrawal Now
InterestBearingDomesticDepositNegotiableOrderOfWithdrawalNOW
122112000 usd
CY2023Q4 us-gaap Interest Bearing Domestic Deposit Negotiable Order Of Withdrawal Now
InterestBearingDomesticDepositNegotiableOrderOfWithdrawalNOW
90829000 usd
CY2024Q2 us-gaap Interest Bearing Domestic Deposit Money Market
InterestBearingDomesticDepositMoneyMarket
825599000 usd
CY2023Q4 us-gaap Interest Bearing Domestic Deposit Money Market
InterestBearingDomesticDepositMoneyMarket
887352000 usd
CY2024Q2 us-gaap Interest Bearing Domestic Deposit Savings
InterestBearingDomesticDepositSavings
91870000 usd
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InterestBearingDomesticDepositSavings
97331000 usd
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InterestBearingDomesticDepositTimeDeposits
1294319000 usd
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InterestBearingDomesticDepositTimeDeposits
1315073000 usd
CY2024Q2 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
2333900000 usd
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InterestBearingDepositLiabilities
2390585000 usd
CY2024Q2 us-gaap Deposits
Deposits
2662375000 usd
CY2023Q4 us-gaap Deposits
Deposits
2736757000 usd
CY2024Q2 us-gaap Time Deposit Maturities Year One
TimeDepositMaturitiesYearOne
596101000 usd
CY2023Q4 us-gaap Time Deposit Maturities Year One
TimeDepositMaturitiesYearOne
979807000 usd
CY2024Q2 us-gaap Time Deposit Maturities Year Two
TimeDepositMaturitiesYearTwo
679845000 usd
CY2023Q4 us-gaap Time Deposit Maturities Year Two
TimeDepositMaturitiesYearTwo
318961000 usd
CY2024Q2 us-gaap Time Deposit Maturities Year Three
TimeDepositMaturitiesYearThree
1413000 usd
CY2023Q4 us-gaap Time Deposit Maturities Year Three
TimeDepositMaturitiesYearThree
24000 usd
CY2024Q2 us-gaap Time Deposit Maturities Year Four
TimeDepositMaturitiesYearFour
711000 usd
CY2023Q4 us-gaap Time Deposit Maturities Year Four
TimeDepositMaturitiesYearFour
68000 usd
CY2024Q2 bwfg Time Deposit Maturities Year Five After Year Five
TimeDepositMaturitiesYearFiveAfterYearFive
16249000 usd
CY2023Q4 bwfg Time Deposit Maturities Year Five After Year Five
TimeDepositMaturitiesYearFiveAfterYearFive
16213000 usd
CY2024Q2 us-gaap Interest Bearing Domestic Deposit Time Deposits
InterestBearingDomesticDepositTimeDeposits
1294319000 usd
CY2023Q4 us-gaap Interest Bearing Domestic Deposit Time Deposits
InterestBearingDomesticDepositTimeDeposits
1315073000 usd
CY2024Q2 us-gaap Cash Uninsured Amount
CashUninsuredAmount
179900000 usd
CY2023Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
151600000 usd
CY2024Q2 bwfg Brokerage Certificate Of Deposits
BrokerageCertificateOfDeposits
755500000 usd
CY2023Q4 bwfg Brokerage Certificate Of Deposits
BrokerageCertificateOfDeposits
860500000 usd
CY2024Q2 bwfg Brokered Money Market Accounts
BrokeredMoneyMarketAccounts
52100000 usd
CY2023Q4 bwfg Brokered Money Market Accounts
BrokeredMoneyMarketAccounts
91400000 usd
CY2024Q2 bwfg Interest Expense Deposit Liabilities Notice Of Withdrawal And Money Market
InterestExpenseDepositLiabilitiesNoticeOfWithdrawalAndMoneyMarket
49000 usd
CY2023Q2 bwfg Interest Expense Deposit Liabilities Notice Of Withdrawal And Money Market
InterestExpenseDepositLiabilitiesNoticeOfWithdrawalAndMoneyMarket
42000 usd
bwfg Interest Expense Deposit Liabilities Notice Of Withdrawal And Money Market
InterestExpenseDepositLiabilitiesNoticeOfWithdrawalAndMoneyMarket
88000 usd
bwfg Interest Expense Deposit Liabilities Notice Of Withdrawal And Money Market
InterestExpenseDepositLiabilitiesNoticeOfWithdrawalAndMoneyMarket
81000 usd
CY2024Q2 us-gaap Interest Expense Domestic Deposit Liabilities Money Market
InterestExpenseDomesticDepositLiabilitiesMoneyMarket
8552000 usd
CY2023Q2 us-gaap Interest Expense Domestic Deposit Liabilities Money Market
InterestExpenseDomesticDepositLiabilitiesMoneyMarket
8083000 usd
us-gaap Interest Expense Domestic Deposit Liabilities Money Market
InterestExpenseDomesticDepositLiabilitiesMoneyMarket
17698000 usd
us-gaap Interest Expense Domestic Deposit Liabilities Money Market
InterestExpenseDomesticDepositLiabilitiesMoneyMarket
14468000 usd
CY2024Q2 us-gaap Interest Expense Domestic Deposit Liabilities Savings
InterestExpenseDomesticDepositLiabilitiesSavings
688000 usd
CY2023Q2 us-gaap Interest Expense Domestic Deposit Liabilities Savings
InterestExpenseDomesticDepositLiabilitiesSavings
860000 usd
us-gaap Interest Expense Domestic Deposit Liabilities Savings
InterestExpenseDomesticDepositLiabilitiesSavings
1402000 usd
us-gaap Interest Expense Domestic Deposit Liabilities Savings
InterestExpenseDomesticDepositLiabilitiesSavings
1586000 usd
CY2024Q2 us-gaap Interest Expense Domestic Deposit Liabilities Certificates Of Deposit
InterestExpenseDomesticDepositLiabilitiesCertificatesOfDeposit
15388000 usd
CY2023Q2 us-gaap Interest Expense Domestic Deposit Liabilities Certificates Of Deposit
InterestExpenseDomesticDepositLiabilitiesCertificatesOfDeposit
11792000 usd
us-gaap Interest Expense Domestic Deposit Liabilities Certificates Of Deposit
InterestExpenseDomesticDepositLiabilitiesCertificatesOfDeposit
30851000 usd
us-gaap Interest Expense Domestic Deposit Liabilities Certificates Of Deposit
InterestExpenseDomesticDepositLiabilitiesCertificatesOfDeposit
21675000 usd
CY2024Q2 us-gaap Interest Expense Deposits
InterestExpenseDeposits
24677000 usd
CY2023Q2 us-gaap Interest Expense Deposits
InterestExpenseDeposits
20777000 usd
us-gaap Interest Expense Deposits
InterestExpenseDeposits
50039000 usd
us-gaap Interest Expense Deposits
InterestExpenseDeposits
37810000 usd
CY2024Q2 bwfg Number Of Equity Award Plans
NumberOfEquityAwardPlans
2 plan
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
254328 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
29.58
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
62903 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
24.60
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
83006 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
26.10
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
2700 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
24.19
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
231525 shares
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
bwfg Rolling Period Of Federal Home Loan Bank Advances Converted To Fixed Rates
RollingPeriodOfFederalHomeLoanBankAdvancesConvertedToFixedRates
P90D
CY2024Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
548000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
2297000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
1931000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
1298000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
1257000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
1112000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
2514000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
2094000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent
-168000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent
272000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent
-102000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent
-130000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
-541000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
913000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
-481000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
-666000 usd
CY2024Q2 us-gaap Change In Unrealized Gain Loss On Hedged Item In Fair Value Hedge1
ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge1
-192000 usd
CY2023Q2 us-gaap Change In Unrealized Gain Loss On Hedged Item In Fair Value Hedge1
ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge1
-3084000 usd
us-gaap Change In Unrealized Gain Loss On Hedged Item In Fair Value Hedge1
ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge1
-1860000 usd
us-gaap Change In Unrealized Gain Loss On Hedged Item In Fair Value Hedge1
ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge1
-680000 usd
CY2024Q2 us-gaap Change In Unrealized Gain Loss On Fair Value Hedging Instruments1
ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1
610000 usd
CY2023Q2 us-gaap Change In Unrealized Gain Loss On Fair Value Hedging Instruments1
ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1
3358000 usd
us-gaap Change In Unrealized Gain Loss On Fair Value Hedging Instruments1
ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1
1772000 usd
us-gaap Change In Unrealized Gain Loss On Fair Value Hedging Instruments1
ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1
1005000 usd
CY2024Q2 us-gaap Derivative Fair Value Hedge Included In Effectiveness Gain Loss
DerivativeFairValueHedgeIncludedInEffectivenessGainLoss
418000 usd
CY2023Q2 us-gaap Derivative Fair Value Hedge Included In Effectiveness Gain Loss
DerivativeFairValueHedgeIncludedInEffectivenessGainLoss
274000 usd
us-gaap Derivative Fair Value Hedge Included In Effectiveness Gain Loss
DerivativeFairValueHedgeIncludedInEffectivenessGainLoss
-88000 usd
us-gaap Derivative Fair Value Hedge Included In Effectiveness Gain Loss
DerivativeFairValueHedgeIncludedInEffectivenessGainLoss
325000 usd
CY2024Q2 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
10881000 usd
CY2024Q2 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
0 usd
CY2024Q2 us-gaap Derivative Assets
DerivativeAssets
10881000 usd
CY2024Q2 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
0 usd
CY2024Q2 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
10614000 usd
CY2024Q2 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
267000 usd
CY2024Q2 bwfg Accrued Interest Receivable Included In Fair Value Of Derivative Assets
AccruedInterestReceivableIncludedInFairValueOfDerivativeAssets
923000 usd
CY2024Q2 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
4432000 usd
CY2024Q2 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
0 usd
CY2024Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
4432000 usd
CY2024Q2 us-gaap Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
0 usd
CY2024Q2 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
0 usd
CY2024Q2 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
4432000 usd
CY2024Q2 bwfg Accrued Interest Payable Included In Fair Value Of Derivative Liability
AccruedInterestPayableIncludedInFairValueOfDerivativeLiability
70000 usd
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
9583000 usd
CY2023Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
0 usd
CY2023Q4 us-gaap Derivative Assets
DerivativeAssets
9583000 usd
CY2023Q4 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
0 usd
CY2023Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
8599000 usd
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
984000 usd
CY2023Q4 bwfg Accrued Interest Receivable Included In Fair Value Of Derivative Assets
AccruedInterestReceivableIncludedInFairValueOfDerivativeAssets
764000 usd
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
4473000 usd
CY2023Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
0 usd
CY2023Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
4473000 usd
CY2023Q4 us-gaap Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
0 usd
CY2023Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
0 usd
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
4473000 usd
CY2023Q4 bwfg Accrued Interest Receivable Included In Fair Value Of Derivative Liability
AccruedInterestReceivableIncludedInFairValueOfDerivativeLiability
23000 usd
CY2024Q2 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
56200000 usd

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