secwatch.observer — SEC 8-K summary
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Issuer:     Bank First Corp (BFC)
CIK:        0001746109
Form:       8-K
Filed at:   2022-11-28T23:59:59+00:00
Accession:  0001104659-22-122398
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bank First Corp Q3 net income $32.4M ($4.15 EPS); declares $0.25 dividend; Hometown merger approved
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- Year-to-date net income $32.4M vs $34.3M prior year; EPS $4.15 vs $4.45; impacted by $5.7M in Denmark acquisition costs.
- Quarterly cash dividend of $0.25/share declared, payable Jan 4, 2023 to holders of record Dec 21, 2022; 13.6% increase YoY.
- Regulatory approval received for merger with Hometown Bancorp; expected close Feb 2023; Tim McFarlane to become President.
- Total assets $3.64B at Sep 30, 2022, up from $2.85B a year ago; loans $2.86B; deposits $3.14B.
- Net interest margin (YTD) 3.30% vs 3.47% prior year; provisions for loan losses down to $1.7M from $2.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1746109/000110465922122398/0001104659-22-122398-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1746109/000110465922122398/tm2231305d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-122398

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