secwatch.observer — SEC 8-K summary
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Issuer:     Bank First Corp (BFC)
CIK:        0001746109
Form:       8-K
Filed at:   2025-07-18T23:59:59+00:00
Accession:  0001104659-25-068873
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bank First agrees to acquire Centre 1 Bancorp for ~$174.3M in all-stock deal
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- Deal value approximately $174.3M; each Centre share gets 0.9200 BFC shares.
- Combined pro forma assets ~$5.91B, deposits ~$4.89B, loans ~$4.58B.
- Expands BFC into southern WI and northern IL; first out-of-state expansion.
- Expected closing Q1 2026; subject to regulatory and Centre shareholder approvals.
- Centre CEO Steve Eldred to join BFC board; termination fee $5.3M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1746109/000110465925068873/0001104659-25-068873-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1746109/000110465925068873/tm2521094d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-068873

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