Bank First, N.A.: Liquidity and Borrowings
Data as of · Call Report Schedules RC and RC-M How we update
Cash, the assets that can be turned into cash, and the borrowed money standing behind the deposit base. Heavy reliance on non-core wholesale funding is what turns a deposit outflow into a forced sale of securities.
Cash and balances due from depository institutions dropped 33.3% in Q2 2026, from $396.6M to $264.6M. It was the largest change from Q1 2026 among the key lines here. Bank First, N.A. ranks 72nd of 153 Wisconsin banks on loan-to-deposit ratio, in the upper half at 90.01% (Q2 2026). At 90.01%, Bank First, N.A.'s loan-to-deposit ratio is close to the 88.20% median for banks in the $1B-10B asset tier (Q2 2026).
Liquid assets
| Line item | Q2 2026 |
|---|---|
| Cash and balances due from depository institutions | $264.6M |
| Cash and noninterest-bearing balances to assets | 4.45% |
| Cash and securities | $872.9M |
| Fed funds sold and reverse repos | $353K |
| Fed funds sold and reverse repos to assets | 0.01% |
Borrowed funds
| Line item | Q2 2026 |
|---|---|
| Fed funds purchased and repos | $0 |
| Other borrowed money | $80.0M |
| Subordinated notes and debentures | $0 |
| Other borrowed money to assets | 1.35% |
| Trading liabilities | $0 |
Funding structure
| Line item | Q2 2026 |
|---|---|
| Loan-to-deposit ratio | 90.01% |
| Net loans and leases to deposits | 88.89% |
| Loans and leases to core deposits | 93.80% |
| Core deposits to total deposits | 95.65% |
| Brokered deposits to total deposits | 0.30% |
Liquidity and Borrowings trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Liquidity and Borrowings by quarter
| Quarter | Loan-to-deposit | Core deposits share | Fed funds purchased and repos | Other borrowed money |
|---|---|---|---|---|
| Q3 2023 | 97.73% | 96.13% | $17.2M | $35.8M |
| Q4 2023 | 96.41% | 95.85% | $75.7M | $35.3M |
| Q1 2024 | 97.83% | 95.73% | $0 | $35.3M |
| Q2 2024 | 99.52% | 95.58% | $0 | $90.3M |
| Q3 2024 | 97.98% | 94.81% | $0 | $135.3M |
| Q4 2024 | 94.28% | 95.09% | $0 | $135.4M |
| Q1 2025 | 94.72% | 94.84% | $0 | $134.9M |
| Q2 2025 | 98.84% | 94.75% | $0 | $109.9M |
| Q3 2025 | 101.48% | 94.41% | $0 | $209.9M |
| Q4 2025 | 96.24% | 94.72% | $0 | $110.0M |
| Q1 2026 | 88.16% | 95.39% | $0 | $99.9M |
| Q2 2026 | 90.01% | 95.65% | $0 | $80.0M |
Bank First, N.A. liquidity and borrowings, all the way back
Liquidity and Borrowings back to 2001 · peer percentiles on every line item · Excel export
Unlock Bank First, N.A., freeSource: Call Report Schedules RC and RC-M, as filed with the FFIEC and standardized by BankRegReports. Dollar amounts are as reported, point-in-time; income statement items are year-to-date through the report date. See the full Bank First, N.A. profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 5304) · FFIEC NIC profile (RSSD 594947)