Bank First Corp 8-K/A
Research Summary
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Bank First Corp Completes Merger with Centre; Files Pro Forma Financials
What Happened
Bank First Corp (BFC) announced the closing of its merger with Centre, a Wisconsin corporation, pursuant to a Merger Agreement dated July 17, 2025. At the closing, Centre merged into BFC (BFC surviving), and Centre’s bank, The First National Bank and Trust Company, merged into BFC’s subsidiary bank, Bank First, N.A. This Amendment No. 1 to the Form 8-K (amending the Company’s January 2, 2026 filing) adds the financial statements and unaudited pro forma combined financial information related to the merger (reported under Items 2.01 and 9.01).
Key Details
- Merger Agreement dated July 17, 2025; the transactions described were consummated at closing (Centre merged into BFC; The First National Bank and Trust Company merged into Bank First, N.A., with Bank First surviving).
- Amendment No. 1 to BFC’s Form 8-K (filed March 16, 2026) includes the combined financial statements and unaudited pro forma combined financial information referred to in Items 9.01(a) and 9.01(b).
- The pro forma combined financial information is preliminary, based on estimates and assumptions, and includes forward‑looking statements.
- The company highlights that actual results may differ materially and directs investors to the risk factors in its 2025 Form 10-K.
Why It Matters
The filing confirms the legal close of BFC’s acquisition of Centre and the consolidation of their banking operations under Bank First, N.A., and provides investors with preliminary combined financial data to assess the deal’s initial impact. However, the included pro forma figures are preliminary and forward‑looking, so investors should review the newly filed combined financial statements and the company’s disclosed risk factors in the 2025 Form 10-K for a fuller, more reliable view of financial effects.
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