Bank First Corporation has reported net income of $8.3-million dollars, or $1.11 per share, for the second quarter of 2020, compared with net income of $6-million, or 91-cents a share for the same period in 2019.
The holding company for Manitowoc-based Bank First also announced earnings of $15.6 million for the first half of the year, ending June 30th. That compares to $12.6-million over the first 6-months of 2019.
Earnings per share rose 23-cents during that time. Also, expenses related to Bank First’s acquisition of Tomah, which closed on May 15th, totaled $800,000 during the 2nd quarter of the year.
Those acquisition-related expenses consisted primarily of personnel costs, data processing and outside service fees.
