{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-109602","form_type":"8-K","ticker":"BFC","cik":"0001746109","company_name":"Bank First Corp","filed_at":"2023-10-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.294740+00:00","generated_at":"2026-06-09T22:42:56.005503+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Bank First Q3 net income $14.8M ($1.43 EPS); sells UFS stake for $52.2M gain","bullets":["Net income $14.8M ($1.43 EPS) vs $10.5M ($1.26 EPS) in Q3 2022; adjusted EPS $1.46.","Dividend raised 20% YoY to $0.30/share, payable Jan 10, 2024 to holders of record Dec 27, 2023.","Subsequent sale of UFS, LLC closed Oct 1, 2023 for $52.2M cash; pre-tax gain $39.3M expected in Q4 2023.","Repaid $11.5M subordinated debt (9.0% rate) on Oct 2, 2023, saving >$1M annual interest.","Nonperforming assets stayed low at $5.2M (0.13% of total assets); net interest margin 3.71%."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-109602","json":"https://secwatch.observer/filing/0001104659-23-109602.json","markdown":"https://secwatch.observer/filing/0001104659-23-109602.md","text":"https://secwatch.observer/filing/0001104659-23-109602.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1746109/000110465923109602/0001104659-23-109602-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1746109/000110465923109602/tm2328538d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T22:42:56.005503+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":"9585376caaf424b644d013702cf240cad6021557","claim":"Bank First Corp reported quarter ended September 30, 2023 results: net income $14.8 million, EPS $1.43 per share.","evidence_excerpt":"Bank First Corporation (the “Company”) announced its earnings for the quarter ended September 30, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1746109/000110465923109602/0001104659-23-109602-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"quarter ended September 30, 2023"},{"label":"Net income","value":"$14.8 million"},{"label":"EPS","value":"$1.43 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"b820123c347b1c4ce1f07ac32e29dc64fae5cb69","claim":"Bank First Corp reported nine months ended September 30, 2023 results: net income $39.6 million, EPS $3.89 per share.","evidence_excerpt":"For the nine months ended September 30, 2023, Bank First earned $39.6 million, or $3.89 per share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1746109/000110465923109602/0001104659-23-109602-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"nine months ended September 30, 2023"},{"label":"Net income","value":"$39.6 million"},{"label":"EPS","value":"$3.89 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}