---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-028961"
form_type: "8-K"
ticker: "BFC"
cik: "0001746109"
company_name: "Bank First Corp"
filed_at: "2023-03-06T23:59:59+00:00"
generated_at: "2026-06-18T11:52:42.402849+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bank First completes Hometown Bancorp acquisition; FY2022 EPS $5.58, declares $0.25 dividend

## Summary
- Merger closed Feb 10, 2023; consideration 87% stock/13% cash; combined assets ~$4.2B, loans ~$3.3B, deposits ~$3.5B.
- FY2022 EPS $5.58 (down 5.7% YoY); net income $45.2M vs $45.4M; NIM 3.41% vs 3.47%.
- Quarterly dividend $0.25/share, payable Apr 5, 2023 to holders of record Mar 22, 2023.
- Tim McFarlane, former Hometown CEO, appointed President of Bank First; Mike Molepske remains CEO and Chairman.
- Loans grew 29.4% to $2.89B; deposits up 21.0% to $3.06B; non-interest expense up 22.8% due to acquisition costs.

## SEC filing metadata
- accession: 0001104659-23-028961
- form_type: 8-K
- ticker: BFC
- cik: 0001746109
- company_name: Bank First Corp
- filed_at: 2023-03-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1746109/000110465923028961/0001104659-23-028961-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1746109/000110465923028961/tm238628d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-028961
- JSON: https://secwatch.observer/filing/0001104659-23-028961.json
- Plain text: https://secwatch.observer/filing/0001104659-23-028961.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.