← Bank First Corp
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | $107.7m | $86.5m | $170.2m | $296.9m | $119.4m | $247.5m | $261.3m | $243.2m | |
| Goodwill | $15.0m | $43.5m | $55.5m | $55.4m | $110.2m | $175.1m | $175.1m | $175.1m | |
| Core deposit intangibles, net | — | — | $5.4m | $4.0m | $16.8m | $27.0m | $21.2m | $16.2m | |
| Other assets | $7.0m | $7.5m | $9.2m | $8.3m | $17.1m | $22.7m | $24.0m | $23.9m | |
| Cash and due from banks | $41.4m | $33.8m | $36.3m | $29.2m | $51.5m | $70.0m | $59.2m | $55.3m | |
| Interest-bearing deposits | $1.1b | $1.4b | $1.6b | $1.7b | $2.1b | $2.4b | $2.6b | $2.7b | |
| Securities held to maturity, at amortized cost ($105,146 and $109,424 fair value at December 31, 2025 and December 31, 2024, respectively) | $40.8m | $43.7m | $6.7m | $5.9m | $45.1m | $103.3m | $110.8m | $103.7m | |
| Securities available for sale, at fair value ($171,796 and $235,909 amortized cost at December 31, 2025 and December 31, 2024, respectively) | $118.9m | $181.5m | $165.0m | $212.7m | $304.6m | $142.2m | $223.1m | $164.4m | |
| Loans held for sale | $0 | $587k | $809k | $786k | $648k | $3.0m | $3.1m | $6.2m | |
| Loans | — | — | $2.2b | $2.2b | $2.9b | $3.3b | $3.5b | $3.6b | |
| Allowance for credit losses - loans ("ACL-Loans") | — | — | — | — | ($22.7m) | ($43.6m) | ($44.2m) | ($44.4m) | |
| Loans, net | $1.4b | $1.7b | $2.2b | $2.2b | $2.9b | $3.3b | $3.5b | $3.6b | |
| Premises and equipment, net | $24.5m | $35.3m | $43.2m | $49.5m | $56.4m | $69.9m | $71.1m | $79.2m | |
| Other investments | $4.6m | $4.9m | $8.9m | $9.0m | $16.5m | $21.4m | $22.6m | $23.6m | |
| Cash value of life insurance | $24.2m | $24.9m | $31.4m | $31.9m | $46.0m | $61.3m | $61.5m | $61.1m | |
| Mortgage servicing rights ("MSR") | — | — | $3.7m | $5.0m | $9.6m | $13.7m | $13.4m | $13.7m | |
| Other real estate owned ("OREO") | $3.6m | $6.9m | $1.9m | $150k | $2.5m | $2.6m | $741k | — | |
| Investment in Ansay and Associates, LLC ("Ansay") | $25.4m | $40.3m | $42.3m | $42.9m | $44.2m | $32.9m | $34.1m | $35.4m | |
| Noninterest-bearing deposits | $448.8m | $476.5m | $715.6m | $799.9m | $934.1m | $1.1b | $1.0b | $1.0b | |
| Notes payable | $0 | $49.8m | $23.5m | $8.0m | $1.9m | $35.3m | $135.4m | $110.0m | |
| Subordinated notes | $11.5m | $18.6m | $17.5m | $17.5m | $23.5m | $12.0m | $12.0m | $12.0m | |
| Other liabilities | $18.7m | $22.4m | $24.9m | $19.8m | $24.5m | $42.0m | $46.9m | $44.5m | |
| Total deposits | $1.6b | $1.8b | $2.3b | $2.5b | $3.1b | $3.4b | $3.7b | $3.7b | |
| TOTAL ASSETS | $1.8b | $2.2b | $2.7b | $2.9b | $3.7b | $4.2b | $4.5b | $4.5b | |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $1.8b | $2.2b | $2.7b | $2.9b | $3.7b | $4.2b | $4.5b | $4.5b | |
| Total liabilities | $1.6b | $2.0b | $2.4b | $2.6b | $3.2b | $3.6b | $3.9b | $3.9b | |
| Serial preferred stock - $0.01 par value; Authorized - 5,000,000 shares | $0 | $0 | $0 | $0 | — | — | — | — | |
| Common stock - $0.01 par value; Authorized - 20,000,000 shares; Issued - 11,515,130 shares as of December 31, 2025 and December 31, 2024; Outstanding - 9,834,623 and 10,012,088 shares as of December 31, 2025 and December 31, 2024, respectively | 74k | 79k | 85k | 85k | 101k | 115k | 115k | 115k | |
| Additional paid-in capital | $27.6m | $63.1m | $92.8m | $93.1m | $218.3m | $333.8m | $333.8m | $333.8m | |
| Retained earnings | $168.4m | $189.5m | $221.4m | $258.1m | $295.5m | $348.0m | $398.0m | $417.0m | |
| Treasury stock, at cost - 1,680,507 and 1,503,042 shares as of December 31, 2025 and December 31, 2024, respectively | — | — | — | — | ($45.2m) | ($53.4m) | ($82.9m) | ($102.1m) | |
| Accumulated other comprehensive loss | ($366k) | $2.5m | $5.8m | $3.6m | ($15.6m) | ($8.7m) | ($9.4m) | ($5.0m) | |
| Total stockholders' equity | $174.3m | $230.2m | $294.9m | $322.7m | $453.1m | $619.8m | $639.7m | $643.8m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.