Overview
The BFKN Financial Institutions Group served as legal counsel to Centre 1 Bancorp, Inc. (“Centre”), in its agreement with Bank First Corporation (“Bank First”) (Nasdaq: BFC), whereby Bank First will acquire 100% of the common stock of Centre in an all-stock transaction valued at approximately $174.3 million.
As of June 30, 2025, Centre’s wholly owned subsidiary, The First National Bank and Trust Company, had approximately $1.55 billion in consolidated assets, $994.9 million in gross loans, and $1.29 billion in deposits. The transaction expands Bank First’s footprint into southern Wisconsin and northern Illinois, bringing the combined organization’s total assets to approximately $5.91 billion.
BFKN’s legal team was led by partners Abdul R. Mitha, John E. Freechack, and associate Zoe Xiuha Uvin. Compensation and benefits were handled by partner Andrew K. Strimaitis and associate Alex Freund. Tax matters were handled by partners Michael J. Towne and Megan E. Toal.
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