Bank First completes acquisition of Centre 1 Bancorp, adding trust and wealth management

Bank First Corp

BFC issued ~1.38M shares at 0.9200 per Centre share in stock-for-stock merger.
Combined organization has ~$6B assets and 38 branches across Wisconsin and Illinois.
Acquisition adds trust and wealth management services effective immediately.
Centre CEO Steve Eldred joins Bank First's board of directors.
System conversion to unified Bank First brand planned for May 2026.

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