v3.26.1
Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2025
Bank First Retirement Plan  
Fair Value Measurements  
Schedule of Plan's Assets Fair Value Hierarchy

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QUOTED PRICES  

  ​ ​ ​

SIGNIFICANT

  ​ ​ ​

IN ACTIVE

OTHER

SIGNIFICANT

MARKETS FOR

OBSERVABLE

UNOBSERVABLE

DECEMBER 31,

IDENTICAL ASSETS

INPUTS

INPUTS

2025

(LEVEL 1)

(LEVEL 2)

(LEVEL 3)

Mutual funds

$

41,217,928

$

41,217,928

$

$

Common stock

22,368,772

22,368,772

Total assets in the fair value hierarchy

 

63,586,700

$

63,586,700

$

$

Investments measured using net asset value practical expedient*

 

5,687,956

 

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  ​

 

  ​

TOTAL

$

69,274,656

 

  ​

 

  ​

 

  ​

  ​ ​ ​

  ​ ​ ​

QUOTED PRICES  

  ​ ​ ​

SIGNIFICANT

  ​ ​ ​

 

IN ACTIVE

OTHER

SIGNIFICANT

MARKETS FOR

OBSERVABLE

UNOBSERVABLE

DECEMBER 31,

IDENTICAL ASSETS

INPUTS

INPUTS

2024

(LEVEL 1)

(LEVEL 2)

(LEVEL 3)

Mutual funds

$

40,443,186

$

40,443,186

$

$

Common stock

21,920,086

21,920,086

Total assets in the fair value hierarchy

 

 

62,363,272

 

$

62,363,272

 

$

 

$

Investments measured using net asset value practical expedient*

 

 

5,583,357

 

 

 

 

 

 

TOTAL

$

67,946,629

 

 

 

 

 

 

*In accordance with Subtopic 820-10, certain investments that were measured at net asset value per share (or its equivalent) have not been classified in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the line items presented in the statement of net assets available for benefits.

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REDEMPTION

  ​ ​ ​

FREQUENCY

FAIR

UNFUNDED

(IF CURRENTLY

REDEMPTION

December 31, 2025

VALUE

COMMITMENTS

APPLICABLE)

NOTICE PERIOD

Common collective fund MetLife Stable Value

$

320,757

$

N/A

1 day

Pooled Separate fund LA Capital Mgmt/Victory - Midcap Value

$

690,703

$

 

N/A

 

1 day

Pooled Separate fund Principal Global Investors – Blue Chip

$

4,215,021

$

N/A

1 day

Pooled Separate fund Principal SmallCap S&P 600 Index

$

461,475

$

 

N/A

 

1 day

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  ​ ​ ​

REDEMPTION

  ​ ​ ​

FREQUENCY

FAIR

UNFUNDED

(IF CURRENTLY

REDEMPTION

December 31, 2024

VALUE

COMMITMENTS

APPLICABLE)

NOTICE PERIOD

Common collective fund MetLife Stable Value

$

669,661

$

N/A

1 day

Pooled Separate fund LA Capital Mgmt/Victory - Midcap Value

$

515,161

$

 

N/A

 

1 day

Pooled Separate fund Principal Global Investors – Blue Chip

$

4,398,535

$

 

N/A

 

1 day