Bank First Corporation filed its Form 10-Q for the quarterly period ended June 30, 2026 with the U.S. Securities and Exchange Commission, reporting net income, balance sheet growth, and other financial details for the three and six months ended June 30, 2026.

Key Highlights

  • Net income of $24,691 thousand for the three months ended June 30, 2026, compared to $16,875 thousand for the same period in 2025, according to the filing.
  • Six-month net income of $44,679 thousand for the period ended June 30, 2026, versus $35,116 thousand for the six months ended June 30, 2025.
  • Total assets reached $5,947,512 thousand as of June 30, 2026, up from $4,506,095 thousand as of December 31, 2025.
  • Total loans of $4,521,687 thousand as of June 30, 2026, compared to $3,604,651 thousand at December 31, 2025.
  • Diluted earnings per share of $2.21 for the second quarter of 2026, versus $1.71 for the second quarter of 2025.
  • 11,085,607 shares of common stock outstanding as of August 7, 2026, as reported on the cover page of the filing.
  • Total deposits of $4,987,582 thousand as of June 30, 2026, up from $3,695,787 thousand at December 31, 2025.

Bank First Corporation's Second-Quarter 2026 Balance Sheet and Income Trends

Bank First Corporation (Nasdaq: BFC), a Wisconsin-based bank holding company headquartered in Manitowoc, reported net interest income of $55,033 thousand for the three months ended June 30, 2026, compared to $36,702 thousand for the same quarter a year earlier, according to the filing. Total interest income for the second quarter of 2026 was $75,719 thousand, driven primarily by $66,980 thousand in loan interest and fees. Total interest expense for the same period was $20,686 thousand, with deposits accounting for $19,187 thousand of that figure.

For the six months ended June 30, 2026, the filing disclosed net interest income of $108,249 thousand and total noninterest income of $20,534 thousand. Noninterest income components included service charges of $8,792 thousand, trust and wealth management income of $3,195 thousand, and net gains on sales of mortgage loans of $1,737 thousand. Total noninterest expense for the six-month period was $73,456 thousand, with salaries, commissions, and employee benefits representing the largest line item at $38,611 thousand. The provision for credit losses was reported as zero for both the three and six months ended June 30, 2026, compared to $200 thousand and $600 thousand, respectively, for the prior-year periods.

On the balance sheet, goodwill increased to $245,351 thousand from $175,106 thousand at December 31, 2025, and core deposit intangibles, net, rose to $42,991 thousand from $16,200 thousand over the same interval, reflecting changes the filing attributes to acquisition activity. Total stockholders' equity stood at $819,310 thousand as of June 30, 2026, compared to $643,836 thousand at December 31, 2025. Accumulated other comprehensive loss was $(8,919) thousand at June 30, 2026, versus $(5,024) thousand at December 31, 2025. The registrant is classified as a large accelerated filer, as indicated on the filing's cover page.

What Was Disclosed

Bank First Corporation's 10-Q for the quarter ended June 30, 2026 disclosed income statements, balance sheets, and equity changes for the three and six months ended June 30, 2026, alongside comparative figures for the same periods in 2025 and at December 31, 2025.