secwatch.observer — SEC 8-K summary
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Issuer:     Bank First Corp (BFC)
CIK:        0001746109
Form:       8-K
Filed at:   2023-07-18T23:59:59+00:00
Accession:  0001104659-23-082000
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bank First Q2 net income $14.1M ($1.37 EPS); declares $0.30 dividend, up 20% YoY
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- Net income $14.1M vs $11.7M in Q2 2022; GAAP EPS $1.37 vs $1.55; adjusted EPS $1.41 vs $1.61.
- Quarterly cash dividend raised 20% to $0.30/share, payable Oct 4 to holders of record Sept 20.
- Net interest income $34.3M, up $10.8M YoY; net interest margin 3.77% vs 3.21% a year ago.
- Total assets $4.09B, up $1.13B YoY; loans $3.31B, deposits $3.41B; nonperforming assets just 0.18%.
- No provision for credit losses in Q2, compared to $4.2M in prior quarter and $0.5M in Q2 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1746109/000110465923082000/0001104659-23-082000-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1746109/000110465923082000/tm2321402d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-082000

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