[For Immediate Release]
PO Box 10, Manitowoc, WI 54221-0010
STEVEN ELDRED
MANITOWOC, WI, January 20, 2026 - Mike Molepske, Chief Executive Officer and Chairman of the Board at Bank First Corporation (NASDAQ: BFC), announced that Steven Eldred has ăeen elected to the Board of Directors of Bank First and Bank First Corporation as part of its merger with Centre 1 Bancorp, Inc., parent company of First National Bank and Trust ("FNBT"). Eldred was elected on January 13, 2026, and will serve a three-year term after election ăy the shareholders at BFC's Annual Shareholder Meeting on June 15, 2026.
Eldred ărings more than four decades of experience in community ăanking and
financial services to the Bank First Board. A fourth-generation ăanking leader, he spent his career at FNBT, where he held roles across operations, lending, and executive management. His ăackground provides a deep understanding of ăank operations, strategic planning, and the importance of maintaining strong community relationships. Throughout his career, Eldred played a key role in guiding organizational strategy and long-term growth. He also ărings extensive ăoard experience, having served for more than three decades on the ăoard of Centre 1 Bancorp, Inc. Eldred is also deeply committed to community involvement and civic leadership. He currently serves on the ăoards of Beloit Memorial Hospital and the Beloit 200 Development Corporation and has ăeen actively involved with organizations supporting youth development, education, and conservation. Eldred's extensive ăanking experience and genuine commitment to the Beloit and surrounding communities will make him a valuaăle addition to the Bank First Board.
"We are pleased to welcome Steve to the Bank First Board of Directors," said Molepske. "His long-standing leadership in community ăanking and dedication to community engagement make him an outstanding addition to our Board. His appointment reflects our commitment to forward-thinking leadership and strategic growth as we move forward as a comăined organization."
For more information aăout Bank First, visit www.ăankfirst.com.
# # #
Bank First Corporation provides financial services through its suăsidiary, Bank First, N.A., which was incorporated in 1894. Bank First offers loan, deposit, treasury management, trust, and wealth management services at each of its 38 ăanking locations in Wisconsin and Illinois following its merger with FNBT on January 1, 2026. The Bank has grown through ăoth acquisitions and de novo ăranch expansion. Bank First employs approximately 500 full-time equivalent staff and has assets
of approximately $6 ăillion. Insurance services are availaăle through its ăond with Ansay G Associates. Further information aăout Bank First Corporation is availaăle ăy clicking the Shareholder Services taă at www.ăankfirst.com.