Bank First Corp
For the period ended Dec 31, 2025. Filed Feb 27, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 27, 2026
BFC$150.57+1.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated balance sheets
| | | | | | | |
|---|---|---|---|---|---|---|
| · · | ||||||
| · · December 31, 2025 · · December 31, 2024 | ||||||
| | | (in thousands, except shares and per share data) | ||||
| | | | | | | |
| Assets | | | | | | |
| Cash and due from banks | | $55,345 | | $59,164 | ||
| Interest-bearing deposits | | 187,862 | | 202,168 | ||
| Cash and cash equivalents | | 243,207 | | 261,332 | ||
| Securities held to maturity, at amortized cost ($105,146 and $109,424 fair value at December 31, 2025 and December 31, 2024, respectively) | | 103,726 | | 110,756 | ||
| Securities available for sale, at fair value ($171,796 and $235,909 amortized cost at December 31, 2025 and December 31, 2024, respectively) | | 164,422 | | 223,061 | ||
| Loans held for sale | | | 6,243 | | | 3,088 |
| Loans | | | 3,604,651 | | | 3,517,168 |
| Allowance for credit losses - loans ("ACL-Loans") | | | (44,374) | | | (44,151) |
| Loans, net | | 3,560,277 | | 3,473,017 | ||
| Premises and equipment, net | | 79,217 | | 71,108 | ||
| Goodwill | | 175,106 | | 175,106 | ||
| Other investments | | 23,613 | | 22,643 | ||
| Cash value of life insurance | | 61,085 | | 61,542 | ||
| Core deposit intangibles, net | | 16,200 | | 21,203 | ||
| Mortgage servicing rights ("MSR") | | | 13,650 | | | 13,369 |
| Other real estate owned (“OREO”) | | — | | 741 | ||
| Investment in Ansay and Associates, LLC ("Ansay") | | 35,444 | | 34,093 | ||
| Other assets | | 23,905 | | 24,001 | ||
| TOTAL ASSETS | | $4,506,095 | | $4,495,060 | ||
| Liabilities and Stockholders’ Equity | | | | | ||
| Liabilities: | | | | | ||
| Deposits: | | | | | ||
| Interest-bearing deposits | | $2,692,711 | | $2,636,192 | ||
| Noninterest-bearing deposits | | 1,003,076 | | 1,024,881 | ||
| Total deposits | | 3,695,787 | | 3,661,073 | ||
| Notes payable | | 109,966 | | 135,372 | ||
| Subordinated notes | | 12,000 | | 12,000 | ||
| Other liabilities | | 44,506 | | 46,932 | ||
| Total liabilities | | 3,862,259 | | 3,855,377 | ||
| Stockholders’ equity: | | | | | ||
| Serial preferred stock - $0.01 par value | | | | | ||
| Authorized - 5,000,000 shares | | — | | — | ||
| Common stock - $0.01 par value | | | | | ||
| Authorized - 20,000,000 shares | | | | | ||
| Issued - 11,515,130 shares as of December 31, 2025 and December 31, 2024 | | | | | ||
| Outstanding - 9,834,623 and 10,012,088 shares as of December 31, 2025 and December 31, 2024, respectively | | 115 | | 115 | ||
| Additional paid-in capital | | 333,836 | | 333,842 | ||
| Retained earnings | | 416,997 | | 398,002 | ||
| Treasury stock, at cost - 1,680,507 and 1,503,042 shares as of December 31, 2025 and December 31, 2024, respectively | | (102,088) | | (82,925) | ||
| Accumulated other comprehensive loss | | (5,024) | | (9,351) | ||
| Total stockholders’ equity | | 643,836 | | 639,683 | ||
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | | $4,506,095 | | $4,495,060 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.