---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-000083"
form_type: "8-K"
ticker: "BFC"
cik: "0001746109"
company_name: "Bank First Corp"
filed_at: "2026-01-02T23:59:59+00:00"
generated_at: "2026-05-16T11:49:13.955011+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-26-000083
- form_type: 8-K
- ticker: BFC
- cik: 0001746109
- company_name: Bank First Corp
- filed_at: 2026-01-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1746109/000110465926000083/0001104659-26-000083-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1746109/000110465926000083/tm2534457d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-000083
- JSON: https://secwatch.observer/filing/0001104659-26-000083.json
- Plain text: https://secwatch.observer/filing/0001104659-26-000083.txt

## Key facts
- M&A Transactions
  Bank First Corp completed an acquisition involving Centre 1 Bancorp, Inc. for 0.9200 of a share of BFC’s common stock and cash in lieu of fractional shares (closed 2026-01-01).
  - Action: acquisition
  - Counterparty: Centre 1 Bancorp, Inc.
  - Consideration: 0.9200 of a share of BFC’s common stock and cash in lieu of fractional shares
  - Closing: 2026-01-01
  source text: Pursuant to the Merger Agreement, former Centre shareholders are entitled to receive, for each share of Centre common stock that was outstanding immediately prior to the Merger, 0.9200 of a share of BFC’s common stock and cash in lieu of fractional shares. Each outstanding share of BFC common stock remained outstanding and was unaffected by the Mergers. As a
  evidence_url: https://www.sec.gov/Archives/edgar/data/1746109/000110465926000083/0001104659-26-000083-index.htm

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