secwatch.observer — SEC 8-K summary
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Issuer:     Bank First Corp (BFC)
CIK:        0001746109
Form:       8-K
Filed at:   2023-02-13T23:59:59+00:00
Accession:  0001104659-23-019110
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 2.01, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bank First closes acquisition of Hometown Bancorp; appoints former Hometown CEO as President
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1746109/000110465923019110/0001104659-23-019110-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1746109/000110465923019110/tm236409d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-019110

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer