| Schedule of Capital Amounts and Ratios |
The capital amounts and ratios for the Bank and the Company at June 30, 2026 and December 31, 2025 were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Minimum Regulatory Capital Required for Capital Adequacy plus Capital Conservation Buffer | | Minimum Regulatory Capital to be Well Capitalized Under Prompt Corrective Action Provisions | | Actual Capital | | | | (Dollars in thousands) | Amount | | Ratio | | Amount | | Ratio | | Amount | | Ratio | | Bankwell Bank | | | | | | | | | | | | | June 30, 2026 | | | | | | | | | | | | | Common Equity Tier 1 Capital to Risk-Weighted Assets | $ | 351,649 | | | 11.67 | % | | $ | 210,982 | | | 7.00 | % | | $ | 195,912 | | | 6.50 | % | | Tier I Capital to Risk-Weighted Assets | 351,649 | | | 11.67 | % | | 256,193 | | | 8.50 | % | | 241,123 | | | 8.00 | % | | Total Capital to Risk-Weighted Assets | 382,874 | | | 12.70 | % | | 316,473 | | | 10.50 | % | | 301,403 | | | 10.00 | % | | Tier I Capital to Average Assets | 351,649 | | | 10.39 | % | | 135,429 | | | 4.00 | % | | 169,286 | | | 5.00 | % | | | | | | Minimum Regulatory Capital Required for Capital Adequacy | | Minimum Regulatory Capital to be Well Capitalized Under Prompt Corrective Action Provisions | | Actual Capital | | | | Amount | | Ratio | | Amount | | Ratio | | Amount | | Ratio | | Bankwell Financial Group, Inc. | | | | | | | | | | | | | June 30, 2026 | | | | | | | | | | | | | Common Equity Tier 1 Capital to Risk-Weighted Assets | $ | 319,886 | | | 10.58 | % | | $ | 136,047 | | | 4.50 | % | | $ | 196,513 | | | 6.50 | % | | Tier I Capital to Risk-Weighted Assets | 319,886 | | | 10.58 | % | | 181,397 | | | 6.00 | % | | 241,862 | | | 8.00 | % | | Total Capital to Risk-Weighted Assets | 420,931 | | | 13.92 | % | | 241,862 | | | 8.00 | % | | 302,328 | | | 10.00 | % | | Tier I Capital to Average Assets | 319,886 | | | 9.41 | % | | 135,926 | | | 4.00 | % | | 169,908 | | | 5.00 | % |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Minimum Regulatory Capital Required for Capital Adequacy plus Capital Conservation Buffer | | Minimum Regulatory Capital to be Well Capitalized Under Prompt Corrective Action Provisions | | Actual Capital | | | | (Dollars in thousands) | Amount | | Ratio | | Amount | | Ratio | | Amount | | Ratio | | Bankwell Bank | | | | | | | | | | | | | December 31, 2025 | | | | | | | | | | | | | Common Equity Tier 1 Capital to Risk-Weighted Assets | $ | 344,979 | | | 11.87 | % | | $ | 203,425 | | | 7.00 | % | | $ | 188,895 | | | 6.50 | % | | Tier I Capital to Risk-Weighted Assets | 344,979 | | | 11.87 | % | | 247,017 | | | 8.50 | % | | 232,486 | | | 8.00 | % | | Total Capital to Risk-Weighted Assets | 376,171 | | | 12.94 | % | | 305,138 | | | 10.50 | % | | 290,608 | | | 10.00 | % | | Tier I Capital to Average Assets | 344,979 | | | 10.56 | % | | 130,725 | | | 4.00 | % | | 163,406 | | | 5.00 | % | | | | | | Minimum Regulatory Capital Required for Capital Adequacy | | Minimum Regulatory Capital to be Well Capitalized Under Prompt Corrective Action Provisions | | Actual Capital | | | | Amount | | Ratio | | Amount | | Ratio | | Amount | | Ratio | | Bankwell Financial Group, Inc. | | | | | | | | | | | | | December 31, 2025 | | | | | | | | | | | | | Common Equity Tier 1 Capital to Risk-Weighted Assets | $ | 298,121 | | | 10.23 | % | | $ | 131,112 | | | 4.50 | % | | $ | 189,385 | | | 6.50 | % | | Tier I Capital to Risk-Weighted Assets | 298,121 | | | 10.23 | % | | 174,816 | | | 6.00 | % | | 233,089 | | | 8.00 | % | | Total Capital to Risk-Weighted Assets | 399,010 | | | 13.69 | % | | 233,089 | | | 8.00 | % | | 291,361 | | | 10.00 | % | | Tier I Capital to Average Assets | 298,121 | | | 9.11 | % | | 130,961 | | | 4.00 | % | | 163,701 | | | 5.00 | % |
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