other_material
confidence medium
sentiment neutral
materiality 0.60
Bank First 8-K/A adds Centre 1 Bancorp audited financials; net income fell to $1.8M
Bank First Corp
- Centre 1 Bancorp net income $1.83M in 2025, down from $6.07M in 2024; diluted EPS $1.22 vs $4.15.
- Centre total assets $1.60B, deposits $1.38B, loans held for investment $999M as of Dec 31, 2025.
- Noninterest income fell to $12.9M from $19.5M, driven by $5.1M loss on sale of investments.
- Unaudited pro forma combined results for BFC for twelve months ended Dec 31, 2025 also filed.
- Merger with Centre closed Jan 2, 2026; this amendment completes required financial statements.
item 2.01item 9.01