Bankwell Bank
New Canaan, CT
IDRSSD: 3109043
Total Assets
$3.24B
Latest filing
Total Deposits
$2.77B
Latest filing
Net Interest Margin
3.48%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
Bankwell Bank
156 Cherry St
New Canaan, CT 06840
Full Service - Brick and Mortar
Updated 11/14/2025Established 04/22/2002FDIC Certificate 362641
Branches (8)
Page 1 of 2| Name | Address | City / State |
|---|---|---|
| Bankwell Bank (Main) | 156 Cherry St | New Canaan, CT |
| HAMDEN BRANCH | 2704 Dixwell Ave | Hamden, CT |
| FAIRFIELD BRANCH | 1 Sasco Hill Rd | Fairfield, CT |
| BLACK ROCK TURNPIKE BRANCH | 2220 Black Rock Tpke | Fairfield, CT |
| NORWALK BRANCH | 370 Westport Ave | Norwalk, CT |
| DARIEN BRANCH | 1065 Post Rd | Darien, CT |
| WESTPORT BRANCH | 100 Post Rd W | Westport, CT |
| HIGH RIDGE BRANCH | 1145 High Ridge Rd | Stamford, CT |
Showing 7 of 8
Quarterly Trends
Tooltip shows Quarter only. Download buttons export the chart only (CSV/PNG with white background).
Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
Similar banks
Union Savings Bank
Danbury, Connecticut
→
Assets: $3.16BΔ -2.3%
Ion Bank
Naugatuck, Connecticut
→
Assets: $2.79BΔ -13.7%
First County Bank
Stamford, Connecticut
→
Assets: $2.23BΔ -31.0%
Thomaston Savings Bank
Thomaston, Connecticut
→
Assets: $1.86BΔ -42.4%
Newtown Savings Bank
Newtown, Connecticut
→
Assets: $1.83BΔ -43.3%
Fairfield County Bank
Ridgefield, Connecticut
→
Assets: $1.83BΔ -43.3%
Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 04/22/2002 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 06840 |
| State and County Number | 09190 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 02 |
| Numeric code | 21 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | New York |
| Core Based Statistical Area Name | N/A |
Operational Info
| Number of Employees | 160 |
| Domestic Offices | 9 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 11/17/2024 |
| Date of Deposit Insurance | 04/22/2002 |
| Primary Insurance Agency | DIF |
| Website | www.mybankwell.com |
| Data Updated | 11/14/2025 |
| CERT | 57368 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $3.24B |
| Total Deposits | $2.77B |
| Total Liabilities | $2.89B |
| Total Equity Capital | $347.39M |
| Net Income | $11.73M |
| Net Loans and Leases | $2.68B |
| Assets Per Employee ($Millions) | $19.98M |
| Bank Premises and Fixed Assets | $20.61M |
| Cash and Balances due from Depository Institutions | $289.63M |
| Deposits Held in Domestic Offices | $2.77B |
Key Performance Ratios
| Return on Assets (ROA) | 1.45% |
| Return on Equity (ROE) | 13.69% |
| Net Interest Margin | 3.48% |
| Efficiency Ratio | 45.52% |
| Tier 1 Risk-Based Capital Ratio | 12.385% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.05% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 10.731% |
| Earning Assets to total Assets | 95.4% |
Income and Expense
| Total Interest Income | $50.59M |
| Total Noninterest Income | $2.53M |
| Total Interest Expense | $23.74M |
| Total Noninterest Expense | $13.37M |
| Net Interest Income | $26.85M |
| Pre-tax Net Operating Income | $15.63M |
| Provision for Credit Losses | $372.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $1.28M |
| Other borrowed funds | $86.42M |
| Federal Funds Sold & Reverse Repurchase Agreement | $5.73M |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $32.19M |
| Total Liabilities and Capital | $3.24B |
Securities
| Securities | $128.23M |
| Available-for-sale debt securities | $96.47M |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $29.54M |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of Bankwell Bank?
$3.24B as of the latest filing.
How much are Bankwell Bank's total deposits?
$2.77B in total deposits.
Where is Bankwell Bank located?
New Canaan, CT.
What is the Net Interest Margin?
3.48%.
How many domestic offices does it operate?
9.
When was it established?
04/22/2002.
What is the Return on Assets (ROA)?
1.45%.
How much are total loans and leases?
$2.68B (latest filing).
What is the total interest income (latest filing)?
$50.59M.