# BANKWELL BANK
NEW CANAAN, CT · FDIC certificate 57368 · asset band $1-10B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *funding-stretched*. Composite score 2 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $3.47B | |
| Deposits | $3.04B | |
| Loans and leases | $2.96B | |
| Total equity | $355.3M | |
| Loans / deposits | 96.36% (p78 of band) | 87.10% |
| Liquid assets / assets | 11.80% (p10 of band) | |
| Uninsured deposits / deposits | 39.67% (p73 of band) | 30.76% |
| Brokered deposits | 14.62% | |
| Wholesale funding | 15.77% (p82 of band) | |
| FHLB advances / assets | 0.87% | |
| Tier 1 leverage | 10.39% (p47 of band) | 10.50% |
| Unrealized securities loss / equity | -1.08% (p87 of band) | -7.75% |
| AOCI / equity | -0.10% (p66 of band) | |
| ROA (annualized) | 1.61% (p74 of band) | 1.26% |
| Net interest margin | 3.58% (p42 of band) | 3.70% |
| Efficiency ratio | 44.16% (p12 of band) | |
| Noncurrent loans | 0.54% (p52 of band) | 0.51% |
| Net charge-offs (annualized) | 0.01% (p38 of band) | |
| Reserve coverage of noncurrent | 192.66% | |
| Real estate % of loans | 73% | |
| Construction % of loans | 43.19% (p45 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p35 of band) | |
| Deposits YoY | 9.5% | |
| Employees | 181 | |

## Flags firing in the latest filing

- **brokered >10%** (`liq_brokered`)
- **wholesale funding >15%** (`liq_wholesale`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 3 | brokered >10%, wholesale funding >15%, construction >100% equity |  |
| 2011-06 | 2 |  | construction >100% equity |
| 2011-09 | 3 | reserve under noncurrent |  |
| 2011-12 | 2 |  | reserve under noncurrent |
| 2012-03 | 2 | loans exceed deposits | brokered >10% |
| 2012-06 | 3 | reserve under noncurrent |  |
| 2012-09 | 3 | capital falling | reserve under noncurrent |
| 2012-12 | 3 |  |  |
| 2013-03 | 3 | brokered >10% | capital falling |
| 2013-06 | 2 |  | brokered >10% |
| 2013-09 | 1 |  | wholesale funding >15% |
| 2013-12 | 0 |  | loans exceed deposits |
| 2014-03 | 0 |  |  |
| 2014-06 | 0 |  |  |
| 2014-09 | 1 | loans exceed deposits |  |
| 2014-12 | 3 | wholesale funding >15%, capital falling |  |
| 2015-03 | 5 | liquid assets <10%, uninsured deposits leaving |  |
| 2015-06 | 2 |  | wholesale funding >15%, liquid assets <10%, uninsured deposits leaving |
| 2015-09 | 2 |  |  |
| 2015-12 | 1 |  | capital falling |
| 2016-03 | 2 | wholesale funding >15% |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 3 | capital falling |  |
| 2016-12 | 2 |  | wholesale funding >15% |
| 2017-03 | 3 | wholesale funding >15% |  |
| 2017-06 | 2 |  | wholesale funding >15% |
| 2017-09 | 2 | wholesale funding >15% | capital falling |
| 2017-12 | 2 |  |  |
| 2018-03 | 3 | reserve under noncurrent |  |
| 2018-06 | 3 |  |  |
| 2018-09 | 3 |  |  |
| 2018-12 | 3 | charge-offs p90 | reserve under noncurrent |
| 2019-03 | 2 |  | charge-offs p90 |
| 2019-06 | 2 |  |  |
| 2019-09 | 2 |  |  |
| 2019-12 | 5 | brokered >10%, liquid assets <10%, reserve under noncurrent |  |
| 2020-03 | 2 |  | loans exceed deposits, liquid assets <10%, reserve under noncurrent |
| 2020-06 | 3 | capital falling |  |
| 2020-09 | 3 |  |  |
| 2020-12 | 5 | noncurrent p90, reserve under noncurrent |  |
| 2021-03 | 5 | uninsured deposits leaving | capital falling |
| 2021-06 | 5 | charge-offs p90 | uninsured deposits leaving |
| 2021-09 | 5 |  |  |
| 2021-12 | 4 |  | noncurrent p90 |
| 2022-03 | 2 |  | reserve under noncurrent, charge-offs p90 |
| 2022-06 | 2 |  |  |
| 2022-09 | 2 |  |  |
| 2022-12 | 2 |  |  |
| 2023-03 | 3 | capital falling |  |
| 2023-06 | 2 |  | capital falling |
| 2023-09 | 4 | noncurrent p90, reserve under noncurrent |  |
| 2023-12 | 4 |  |  |
| 2024-03 | 5 | charge-offs p90 |  |
| 2024-06 | 4 |  | charge-offs p90 |
| 2024-09 | 5 | charge-offs p90 |  |
| 2024-12 | 5 |  |  |
| 2025-03 | 2 |  | noncurrent p90, reserve under noncurrent, charge-offs p90 |
| 2025-06 | 2 |  |  |
| 2025-09 | 2 |  |  |
| 2025-12 | 2 |  |  |
| 2026-03 | 3 | capital falling |  |
| 2026-06 | 2 |  | capital falling |

## In the news (Google News, unfiltered, newest first; check the city)

- 2025-11-07 [CT bank hires former Signature Bank team to launch NYC expansion - Hartford Business Journal](https://news.google.com/rss/articles/CBMipAFBVV95cUxOWDBFbDdSYkxpX2lMdFRnMFpwaWYwTHItdzV5UUR3WmJSVHh2RWlTdGZFWHdKRFFqZ3pJcTRLM2NjOUZ5UERlYlhPWXF4bm1OTDB0MUUxWDJiRlFtY0VzTFY0VHNlS0VfS2pqSmdQVFpDWnJKRzJWWjlsdjVqY2NDOThVamtNbFhhTEtWLW0xV0NDV2ozbG5nTW5TSHV0V2ZzOGlxNw?oc=5) · Hartford Business Journal
- 2023-12-23 [Bankwell Bank (CT) Review | Review, Fees, Offerings - SmartAsset](https://news.google.com/rss/articles/CBMif0FVX3lxTE96NFRITURIMU5fNXc0MUFsWDVLanIxQjl6SERNVlc2RWx4Q2NYb3Z0bXhuS2pZd2N4THlVcUZncHYtZmNYRWhFeXRDSzRicW4wMnYzdnpDLWtIdHN1NnpCY2I5bzNtMWQ2NTNIVVdfWDVwZmI1dmRSR0FzTDlPTlU?oc=5) · SmartAsset
- 2026-01-15 [Bankwell Financial Group, Inc. Announces Date of Fourth Quarter Earnings Conference Call - Business Wire](https://news.google.com/rss/articles/CBMi3AFBVV95cUxNYzl6aE9XOXE2aDZGby0wQ04wS0R5UVNnbHU0X2M3d2w3T0lZWTlhbnFQTUhzRS1QYzJkM2NaZGtIM2ZRdU1rbEsyVHM4RmRtNFpGY2lvNkpCc2ZjbzRvNEp6ampYcDNTV1UwU1RDMG5HS2tCLXBOWDVtemlTTUNXUGQ4cW03eElVTndJUElzbFRGU01LeHI0WWFjZWxmZjhEc1JzMHVkWVJfS3pnLVd6dTF0R2xzMjNzSkZ2SDlGeDBoWV9Ic3ViZnFwUUt1eWVELXo1WVhOaUxSbWVX?oc=5) · Business Wire
- 2020-06-11 [Bankwell recommits to New Canaan with new HQ - Stamford Advocate](https://news.google.com/rss/articles/CBMiqwFBVV95cUxQNTFUX1RPYVJ2VVpWamlLZGV3WlBFUTV4ck51TC1VbzZKT2RsZXlrLU14YzQ3bjQ0NFB1TU8xTUxjT3BxaUFTQ0RVSHNmV2hnT3l5TFFDeFNPREhRSFpEaEtSU3kxdGFqVzdKamFOSERxc29KZ1JXeU1BbkJqMEZaY2J2Zk1DYm8xQjhhb2g2MHc0d0NFLU5DRGF4YnRWU1RaZXVDMTRvVFBKMFU?oc=5) · Stamford Advocate
- 2023-09-30 [M&T Bank deposits in Connecticut plunge for second straight year after People's United merger - ctinsider.com](https://news.google.com/rss/articles/CBMimAFBVV95cUxQWUY5aF9oYVBRdi1mNkRVS1FLX1V6Nm5hOWpkcThUVGotZmp6VkVmc0dtcjBOLUxGYjh5b0txUnE0cWhJeUNkd3prTFhyRE1wc0JnaVdFQ0pxSEVGX1hGa3k1Y21JNlJyZDRMOV9aRzN6S1JpNGtobnlyX3NRdFpPdW9EU2lBbENzcllFaVNUWHpJb1ItMFN3UQ?oc=5) · ctinsider.com
- 2025-10-22 [New Canaan-based bank plans NY expansion - Hartford Business Journal](https://news.google.com/rss/articles/CBMimwFBVV95cUxPajUycmxadUlpMUt4XzVvZUEzTm9QUkFqRXA2VTFwMXJFX0hmeDRUajhCczBsN1hfYWpiREllVHJMLV9UZnZEYVlfR1JHTkFYdFZmb25NNDduUHJHVE1kWnZoYjJMV3hJd1llZ3hwVHZlZTdObzVHd2NPTVFGOEVWWjFxX3VHWHpvN1huWTR3TWlic2wzRGVNV2QwQQ?oc=5) · Hartford Business Journal
- 2021-05-03 [Police Charge Man with Larceny In Wilton Bank Fraud Case - Patch](https://news.google.com/rss/articles/CBMigAFBVV95cUxOb1V4cjR0VjdyRDl3R1N5U2p6U25nM3NxZE5GWDFteHpzRFRRTHZSMUNLOGo5aVJ5cUlKZ2FqcjVxT0Y5MHdaMjdjLUVQazB2dkNGSTdSaEgwckhob2hKLUNNZGQwYng1aEZhcmxWZ1Rtc3I1U053THRpQ19NZDE2cA?oc=5) · Patch
- 2017-05-05 [Business briefs: Bankwell gets national recognition, Firm invests in Ohio company... - ctinsider.com](https://news.google.com/rss/articles/CBMilAFBVV95cUxOVnpwdkhqeVF0S3BmcGxleDBrQ21ROVhYMGp5QWs2NG40OVBha3FpWVBCYzdaV0M2dUFXSXVuLVo1aFVhd2YxQnV6OHRrUEJtSUZjN3plSG9EWTZHVWozU2NGQjV0TGZZX01LNWhydTJQOWtzcnUxLUhDUjdRRjVVN0lkUS1nNGxjdE9nMlNQZEtFakFD?oc=5) · ctinsider.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=57368 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/24.json (key "57368", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide