Bank First National Corporation (BFC) financial statements (2021 and earlier)

Company profile

Business Address 402 NORTH EIGHTH STREET
MANITOWOC, WI 54220
State of Incorp. WI
Fiscal Year End December 31
SIC 6021 - National Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments17086108
Cash and cash equivalents17086108
Assets held-for-sale, not part of disposal group11 
Total current assets:17187108
Noncurrent Assets
Property, plant and equipment433524
Long-term investments and receivables424025
Long-term investments424025
Intangible assets, net (including goodwill)655320
Goodwill554315
Intangible assets, net (excluding goodwill)9105
Total noncurrent assets:15012970
Other undisclosed assets2,3971,9941,615
TOTAL ASSETS:2,7182,2101,793
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt364631
Total current liabilities:364631
Noncurrent Liabilities
Other undisclosed liabilities2,3871,9341,587
Total liabilities:2,4231,9801,619
Stockholders' equity
Stockholders' equity attributable to parent295230174
Common stock000
Treasury stock, value(25)(25)(21)
Additional paid in capital936328
Accumulated other comprehensive income (loss)62(0)
Retained earnings221189168
Total stockholders' equity:295230174
TOTAL LIABILITIES AND EQUITY:2,7182,2101,793

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
Revenues9277
Gain on disposition of assets for financial service operations921
Net investment income  77
Cost of revenue
(Provision for Loan, Lease, and Other Losses)
(7)(5)(3)
Gross profit:1(3)74
Operating expenses(13)(10)(10)
Operating income (loss):(12)(13)64
Nonoperating income (expense)(1)00
Gains (losses) on sales of other real estate(1)0(0)
Bank owned life insurance income  1
Mortgage servicing rights (msr) impairment (recovery)  0
Interest and debt expense(14)(19)(15)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes7767(18)
Income from continuing operations before income taxes:503432
Income tax expense(12)(8)(7)
Net income attributable to parent:382725
Undistributed earnings (loss) allocated to participating securities, basic(0)  
Net income available to common stockholders, diluted:382725

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
Net income:382725
Other comprehensive income (loss)33(1)
Comprehensive income, net of tax, attributable to parent:413024

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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