Bank First Corp
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
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.
FY2023 · Filed Feb 29, 2024
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 statements of changes in shareholders’ equity
Consolidated Statements of Stockholders’ Equity
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| · · · · · · · · · · · Accumulated · · | |||||||||||||||||||||
| · · Serial · · · · · Additional · · · · · · · · Other · · Total | |||||||||||||||||||||
| · · Preferred · · Common · · Paid-in · · Retained · · Treasury · · Comprehensive · · Stockholders’ | |||||||||||||||||||||
| · · Stock · · Stock · · Capital · · Earnings · · Stock · · Income (loss) · · Equity | |||||||||||||||||||||
| (dollars in thousands) | | | | | | | | | | | | | | | | | | | | | |
| Balance at January 1, 2021 | | $— | | $85 | | $92,847 | | $221,393 | | $(25,227) | | $5,759 | | $294,857 | |||||||
| Net income | | — | | — | | — | | 45,444 | | — | | — | | 45,444 | |||||||
| Other comprehensive loss | | — | | — | | — | | — | | — | | (2,150) | | (2,150) | |||||||
| Purchase of treasury stock | | — | | — | | — | | — | | (8,272) | | — | | (8,272) | |||||||
| Sale of treasury stock | | | — | | | — | | | — | | | — | | | 114 | | | — | | | 114 |
| Cash dividends ($1.14 per share) | | — | | — | | — | | (8,733) | | — | | — | | (8,733) | |||||||
| Amortization of stock-based compensation | | — | | — | | 1,393 | | — | | — | | — | | 1,393 | |||||||
| Vesting of restricted stock awards | | — | | — | | (1,091) | | — | | 1,091 | | — | | — | |||||||
| Balance at December 31, 2021 | | $— | | $85 | | $93,149 | | $258,104 | | $(32,294) | | $3,609 | | $322,653 | |||||||
| Net income | | — | | — | | — | | 45,214 | | — | | — | | 45,214 | |||||||
| Other comprehensive loss | | — | | — | | — | | — | | — | | (19,175) | | (19,175) | |||||||
| Purchase of treasury stock | | — | | — | | — | | — | | (14,314) | | — | | (14,314) | |||||||
| Sale of treasury stock | | | — | | | — | | | — | | | — | | | 114 | | | — | | | 114 |
| Cash dividends ($0.94 per share) | | — | | — | | — | | (7,822) | | — | | — | | (7,822) | |||||||
| Amortization of stock-based compensation | | — | | — | | 1,662 | | — | | — | | — | | 1,662 | |||||||
| Vesting of restricted stock awards | | — | | — | | (1,303) | | — | | 1,303 | | — | | — | |||||||
| Shares issued in the acquisition of Denmark Bancshares, Inc. (1,579,530 shares) | | | — | | | 16 | | | 124,755 | | | — | | | — | | | — | | | 124,771 |
| Balance at December 31, 2022 | | $— | | $101 | | $218,263 | | $295,496 | | $(45,191) | | $(15,566) | | $453,103 | |||||||
| Net income | | — | | — | | — | | 74,514 | | — | | — | | 74,514 | |||||||
| Other comprehensive income | | — | | — | | — | | — | | — | | 6,820 | | 6,820 | |||||||
| Purchase of treasury stock | | | — | | | — | | | — | | | — | | | (10,046) | | — | | (10,046) | ||
| Sale of treasury stock | | | — | | | — | | | — | | | — | | | 195 | | | — | | | 195 |
| Cash dividends ($1.15 per share) | | — | | — | | — | | (11,959) | | — | | — | | (11,959) | |||||||
| Amortization of stock-based compensation | | — | | — | | 2,142 | | — | | — | | — | | 2,142 | |||||||
| Vesting of restricted stock awards | | | — | | — | | (1,655) | | — | | 1,655 | | — | | — | ||||||
| Adoption of new accounting pronouncement (See Note 1) | | | — | | | — | | | — | | | (10,050) | | | — | | | — | | | (10,050) |
| Shares issued in the acquisition of Hometown Bancorp, Ltd. (1,450,272 shares) | | | — | | | 14 | | | 115,065 | | | — | | | — | | | — | | | 115,079 |
| Balance at December 31, 2023 | | $— | | $115 | | $333,815 | | $348,001 | | $(53,387) | | $(8,746) | | $619,798 | |||||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.