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Income Statement
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Bank First Corp (BFC)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16
   10-K10-K10-K10-K10-K10-K10-K
    Interest income:  
        Interest income on loans  107.093.495.382.972.148.940.9
        Interest income on investments  7.74.75.24.84.73.53.4
       116.598.4100.789.277.953.544.7
    Interest expense:  
        Interest on deposits  10.37.512.517.912.46.45.5
       12.48.313.919.514.87.75.9
Net interest income  104.190.186.869.763.145.738.8
Provision for loan losses     5.3   
Net interest income after provision for loan losses  104.190.186.864.463.145.738.8
        Deposit and loan fees  5.86.15.03.53.53.02.7
        Other non-interest income  14.017.413.99.18.06.96.5
Total non-interest income  19.823.518.912.611.59.89.2
Non-interest expenses  62.150.648.742.839.630.425.1
Pre-tax income  59.660.049.934.332.124.122.6
Income taxes  14.414.511.87.66.68.87.7
            Tax rate  24.2%24.2%23.7%22.1%20.6%36.6%34.1%
Net income  45.245.438.026.725.515.314.9
            Net margin  36.5%40.0%36.0%34.6%34.1%27.6%31.0%
   
Basic EPS  $5.62$5.96$5.11$3.91$3.81$2.44$2.40
Diluted EPS  $5.60$5.95$5.09$3.88$3.81$2.44$2.40
   
Shares outstanding (basic)  8.07.67.46.86.76.36.2
Shares outstanding (diluted)  8.17.67.56.96.76.36.2
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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