Bank First Corp

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Loans, including fees $48.9m $72.1m $82.9m $95.3m $93.4m $107.0m $168.8m $189.0m $203.7m
Taxable $1.8m $2.9m $3.1m $3.4m $2.8m $5.9m $8.5m $10.3m $11.3m
Tax-exempt $1.7m $1.8m $1.7m $1.9m $1.9m $1.8m $1.0m $964k $943k
Other $3.2m $5.0m $6.0m $5.7m $6.5m $6.3m $9.0m $8.7m $9.4m
Deposits $6.4m $12.4m $17.9m $12.5m $7.5m $10.3m $42.4m $64.2m $63.6m
Securities sold under repurchase agreements $272k $399k $461k $114k $10k $542k $1.8m $22k
Borrowed funds $1.0m $2.1m $1.2m $1.3m $767k $1.6m $4.8m $4.4m $6.4m
Net interest income $45.7m $63.1m $69.7m $86.8m $90.1m $104.1m $133.5m $137.8m $151.7m
Provision for credit losses $3.1m $2.2m $4.7m ($800k) $1.2m
Net interest income after provision for credit losses $44.7m $60.2m $64.4m $79.7m $87.0m $101.9m $128.8m $138.6m $150.4m
Service charges $3.0m $3.5m $3.5m $5.0m $6.1m $5.8m $7.0m $8.0m $8.4m
Income from Ansay $1.7m $2.1m $1.8m $2.7m $2.6m $2.6m $2.9m $3.5m $3.9m
Income from UFS, LLC ("UFS") $2.4m $2.6m $2.9m $3.1m $2.6m $3.1m $2.3m
Loan servicing income $1.2m $1.5m $550k $1.4m $3.8m $1.9m $2.9m $2.9m $2.9m
Valuation adjustment on MSR ($945k) $1.3m $2.9m $395k ($299k) $281k
Net gain on sales of mortgage loans $895k $617k $1.4m $5.3m $7.4m $1.6m $897k $1.3m $1.8m
Gain on sale of UFS $38.9m
Salaries, commissions, and employee benefits $16.6m $21.5m $22.9m $27.3m $28.5m $33.2m $40.4m $40.9m $42.5m
Occupancy $3.1m $3.5m $3.9m $4.7m $4.2m $5.5m $5.7m $6.0m $7.8m
Data processing $2.9m $3.6m $4.5m $5.5m $5.3m $6.3m $8.0m $9.7m $10.3m
Postage, stationery, and supplies $452k $620k $591k $872k $713k $771k $1.1m $885k $950k
Net gain on sales and valuations of OREO ($49k) $252k ($73k) $1.4m ($20k) $146k $2.1m ($694k) ($159k)
Net loss on sale of securities ($3.2m) $3k $7.9m $34k
Advertising $183k $220k $268k $226k $227k $271k $326k $313k $176k
Charitable contributions $495k $985k $566k $574k $534k $718k $944k $793k $972k
Federal deposit insurance $1.1m $1.8m $1.9m $2.3m
Outside service fees $3.3m $3.1m $3.0m $4.1m $3.1m $6.7m $6.3m $4.6m $5.2m
Amortization of intangibles $132k $756k $1.1m $1.6m $1.4m $2.3m $6.3m $5.8m $5.0m
Provision for income taxes $8.8m $6.6m $7.6m $11.8m $14.5m $14.4m $24.3m $13.9m $16.7m
Total interest income $53.5m $77.9m $89.2m $100.7m $98.4m $116.5m $182.5m $206.4m $221.7m
Total noninterest income $9.8m $11.5m $12.6m $23.5m $23.5m $19.8m $58.1m $19.7m $22.2m
Income before provision for income taxes $24.1m $32.1m $34.3m $49.9m $60.0m $59.6m $98.8m $79.5m $88.2m
Net Income $15.3m $25.5m $26.7m $38.0m $45.4m $45.2m $74.5m $65.6m $71.5m
Earnings per share - basic $2.44 $3.81 $3.91 $5.07 $5.92 $5.58 $7.28 $6.50 $7.23
Earnings per share - diluted $2.44 $3.81 $3.87 $5.07 $5.92 $5.58 $7.28 $6.50 $7.23
Total interest expense $7.7m $14.8m $19.5m $13.9m $8.3m $12.4m $49.0m $68.6m $70.1m
Total noninterest expense $30.4m $39.6m $42.8m $53.4m $50.5m $62.1m $88.1m $78.8m $84.5m