Welcome to our dedicated page for Bank First SEC filings (Ticker: BFC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Our SEC filing database is enhanced with expert analysis from Rhea-AI, providing insights into the potential impact of each filing on Bank First's stock performance. Each filing includes a concise AI-generated summary, sentiment and impact scores, and end-of-day stock performance data showing the actual market reaction. Navigate easily through different filing types including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, proxy statements (DEF 14A), and Form 4 insider trading disclosures.
Designed for fundamental investors and regulatory compliance professionals, our page simplifies access to critical SEC filings. By combining real-time SEC filing updates, Rhea-AI's analytical insights, and historical stock performance data, we provide comprehensive visibility into Bank First's regulatory disclosures and financial reporting.
Bank First Corporation reported higher earnings for the quarter ended June 30, 2026. Net income was $24.7 million, or $2.21 per share, compared with $16.9 million, or $1.71 per share, in the prior-year quarter. For the first six months of 2026, net income was $44.7 million, or $3.99 per share, up from $35.1 million, or $3.53 per share, a year earlier.
Results were significantly influenced by the January 1, 2026 acquisition of Centre 1 Bancorp, Inc., which added $1.48 billion in assets and new trust and wealth management revenue. Net interest income rose to $55.0 million in Q2, with net interest margin expanding to 4.13% from 3.72% a year ago, aided by purchase accounting accretion and improved spreads on earning assets and funding costs.
Total assets reached $5.95 billion, loans $4.52 billion, and deposits $4.99 billion at June 30, 2026, with nearly all deposits characterized as core. Asset quality metrics remained moderate: nonperforming assets were $27.8 million, or 0.47% of assets. Stockholders’ equity increased to $819.3 million, book value per share to $73.95, and tangible book value per share to $47.92. The board declared a quarterly dividend of $0.60 per share, up 9.1% from the prior quarter and 33.3% from the prior-year quarter.
Bank First Corporation is registering shares of its common stock on Form S-4 to acquire PSB Holdings, Inc. in an all‑stock merger. Each share of PSB common stock will be converted into 0.3470 of a share of Bank First common stock, with cash paid in lieu of fractional shares and a potential downward adjustment if PSB’s tangible book value is below $122,837,000 at closing.
PSB preferred stock will be redeemed immediately prior to closing in exchange for Bank First promissory notes bearing 8.83% interest and maturing on October 1, 2027. The PSB board unanimously recommends shareholders vote for the merger; completion requires approval by PSB common and preferred shareholders, regulatory approvals, and that dissenters’ rights are not validly exercised for more than 5% of PSB common shares.
Bank First Corp director Steven M. Eldred reported a bona fide gift of 1,003 shares of Common Stock held indirectly through a trust. The gift was recorded at a reference price of $148.55 per share. After this transfer, one trust account reported holding 10,284 shares, while Eldred also reported 125,680 shares held directly and 78,510 shares held indirectly through a trust.
Bank First Corporation reported that on June 16, 2026 it elected three new directors to its Board of Directors: SriRaj Kantamneni, Tracy C. Pearson and William J. Ring. Each was chosen for a three-year term and also joined the board of Bank First, N.A., the Company’s wholly owned banking subsidiary.
Bank First Corporation reported results of its 2026 Annual Meeting of Shareholders and announced changes to its Board. Director Stephen E. Johnson retired effective June 15, 2026, and shareholders elected Steven M. Eldred, Timothy J. McFarlane, and Todd A. Sprang as directors to serve until the 2029 annual meeting. The auditor ratification proposal received 7,946,631 votes for, and shareholders approved an advisory vote on executive compensation and an amendment to the Company’s Articles of Incorporation. A press release and shareholder presentation describing the board transition and meeting highlights were furnished as exhibits.
Bank First Corp executive Meghann O. Kasper, listed as Chief Credit Officer, reported her equity position in the company. The filing shows direct ownership of 6,165 shares of Bank First Corp common stock. This entry reflects her holdings rather than a new purchase or sale.
Bank First Corporation (BFC) agreed to acquire PSB Holdings, Inc. (PSB) via merger. Under the Merger Agreement dated May 19, 2026, each outstanding PSB common share will convert into 0.3470 shares of BFC common stock. The transaction is expected to close in the fourth quarter of 2026, subject to customary closing conditions.
The aggregate merger consideration may be reduced if PSB's tangible book value at closing is less than $122,837,000. PSB preferred shares will be addressed by a prior preferred-stock transaction or converted into a new BFC preferred series if necessary. The agreement includes customary covenants, a $8,117,163 termination fee in specified circumstances, a Side Letter setting December 4, 2026 as the Default Closing Date, and a potential one-time $1.00 per-share special dividend for PSB shareholders if closing is delayed under the Side Letter.
Bank First Corporation is planning a stock‑for‑stock acquisition of PSB Holdings, Inc. in a strategic bank merger. Each PSB common share will be converted into 0.3470 shares of Bank First common stock, valuing the deal at approximately $202.9 million based on Bank First’s May 18, 2026 closing price. The transaction is expected to close in the fourth quarter of 2026, subject to PSB shareholder approval, regulatory clearances, SEC effectiveness of a Form S‑4 registration statement, and other customary conditions, including tax opinions that the deal qualifies as a reorganization under Section 368(a). A side letter fixes the earliest closing date at December 4, 2026 and, if closing is delayed beyond that date for reasons not attributable to PSB, allows PSB’s board to declare a one‑time special dividend of $1.00 per common share without reducing tangible book value for deal purposes. The combined company is projected to have about $7.6 billion in assets, with management targeting roughly 14.2% EPS accretion in 2027, about 1.0% tangible book value dilution at closing, and a 0.25‑year earnback period.
Bank First Corporation reported first-quarter 2026 net income of $19.99 million, up from $18.24 million a year earlier, while diluted earnings per share were $1.78 versus $1.82 as the share count rose after a major acquisition.
On January 1, 2026, the company completed its merger with Centre 1 Bancorp, Inc., issuing 1,382,940 shares and paying total merger consideration of about $168.8 million. The deal added approximately $1.58 billion of assets and $1.48 billion of liabilities, resulting in $71.26 million of goodwill and $31.91 million of core deposit intangibles. Following the merger, total assets reached $6.07 billion, loans were $4.52 billion, and deposits were $5.09 billion as of March 31, 2026. Credit quality remained controlled with no provision for credit losses in the quarter and an allowance for credit losses on loans of $57.07 million. Regulatory capital ratios stayed comfortably above required levels, with the company’s Common Equity Tier 1 ratio at 11.38%.