{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-019110","form_type":"8-K","ticker":"BFC","cik":"0001746109","company_name":"Bank First Corp","filed_at":"2023-02-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.390773+00:00","generated_at":"2026-06-19T16:21:33.447675+00:00","sec_items":["2.01","5.02","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Bank First closes acquisition of Hometown Bancorp; appoints former Hometown CEO as President","bullets":["Completed merger with Hometown Bancorp effective Feb 10, 2023; consideration ~87% stock (1.45M BFC shares) and ~13% cash ($15.4M).","Tim McFarlane appointed President of BFC and Bank First, N.A., and added to Board (now 12 directors); he was Hometown's CEO.","Combined company has ~$4.2B assets, ~$3.3B loans, ~$3.5B deposits, and 28 Wisconsin branches.","Systems conversion completed over Feb 10-12; Hometown branches opened as Bank First on Feb 13."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-019110","json":"https://secwatch.observer/filing/0001104659-23-019110.json","markdown":"https://secwatch.observer/filing/0001104659-23-019110.md","text":"https://secwatch.observer/filing/0001104659-23-019110.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1746109/000110465923019110/0001104659-23-019110-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1746109/000110465923019110/tm236409d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T16:21:33.447675+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f33526d2c6","claim":"Timothy J. McFarlane was appointed as President at Bank First Corp.","evidence_excerpt":"the board of directors (the “Board”) of BFC (i) increased the size of the Board from eleven to twelve directors and appointed Timothy J. McFarlane to serve as a member of the Boards of BFC and Bank First, and (ii) appointed Mr. McFarlane to serve as the President of BFC and Bank First.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1746109/000110465923019110/0001104659-23-019110-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President"}],"fact_type":"executive_change"},{"claim_id":"1f7ae8ea84e62b10d6277fc78c2eb6c34fe999a1","claim":"Bank First Corp completed an acquisition involving Hometown Bancorp, Ltd. for $29.16 in cash or 0.3962 of a share of BFC's common stock (closed 2023-02-10).","evidence_excerpt":"“Mergers”). Pursuant to the Merger Agreement, HTB shareholders are entitled to receive for each share of HTB common stock outstanding immediately prior to the Merger either (i) $29.16 in cash or (ii) 0.3962 of a share of BFC’s common stock, subject to customary proration and allocation procedures such that at least 70% of shares of HTB common stock will receive","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1746109/000110465923019110/0001104659-23-019110-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Hometown Bancorp, Ltd."},{"label":"Consideration","value":"$29.16 in cash or 0.3962 of a share of BFC's common stock"},{"label":"Closing","value":"2023-02-10"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}