XML 54 R44.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

LOANS, ALLOWANCE FOR CREDIT LOSSES, AND CREDIT QUALITY - Activity in the ACL - Loans by type (Details) - USD ($) $ in Thousands | 3 Months Ended | 12 Months Ended
--- | --- | ---
Mar. 31, 2024 | Mar. 31, 2023 | Dec. 31, 2023
Loans |  |  |
ACL - Loans, Beginning balance | $ 43,609 | $ 22,680 | $ 22,680
ACL on PCD loans acquired |  | 5,534 |
Charge-offs | (52) | (9) |
Recoveries | 621 | 47 |
Provision | 200 | 4,092 | 4,292
ACL - Loans, Ending balance | 44,378 | 43,316 | 43,609
Adoption of CECL |  |  |
Loans |  |  |
ACL - Loans, Beginning balance |  | 10,972 | 10,972
Commercial/Industrial |  |  |
Loans |  |  |
ACL - Loans, Beginning balance | 5,965 | 4,071 | 4,071
ACL on PCD loans acquired |  | 1,082 |
Charge-offs | (17) |  |
Recoveries | 2 | 1 |
Provision | (139) | 211 |
ACL - Loans, Ending balance | 5,811 | 7,224 | 5,965
Commercial/Industrial | Adoption of CECL |  |  |
Loans |  |  |
ACL - Loans, Beginning balance |  | 1,859 | 1,859
Commercial real estate-owner occupied |  |  |
Loans |  |  |
ACL - Loans, Beginning balance | 12,285 | 5,204 | 5,204
ACL on PCD loans acquired |  | 4,424 |
Charge-offs | (1) |  |
Recoveries | 611 | 16 |
Provision | 547 | 1,023 |
ACL - Loans, Ending balance | 13,442 | 12,649 | 12,285
Commercial real estate-owner occupied | Adoption of CECL |  |  |
Loans |  |  |
ACL - Loans, Beginning balance |  | 1,982 | 1,982
Commercial real estate - non-owner occupied |  |  |
Loans |  |  |
ACL - Loans, Beginning balance | 5,700 | 2,644 | 2,644
Provision | 381 | 795 |
ACL - Loans, Ending balance | 6,081 | 4,600 | 5,700
Commercial real estate - non-owner occupied | Adoption of CECL |  |  |
Loans |  |  |
ACL - Loans, Beginning balance |  | 1,161 | 1,161
Multi-family |  |  |
Loans |  |  |
ACL - Loans, Beginning balance | 4,754 | 2,761 | 2,761
Provision | (153) | 532 |
ACL - Loans, Ending balance | 4,601 | 4,046 | 4,754
Multi-family | Adoption of CECL |  |  |
Loans |  |  |
ACL - Loans, Beginning balance |  | 753 | 753
Construction and development |  |  |
Loans |  |  |
ACL - Loans, Beginning balance | 3,597 | 1,592 | 1,592
Provision | (359) | (545) |
ACL - Loans, Ending balance | 3,238 | 3,110 | 3,597
Construction and development | Adoption of CECL |  |  |
Loans |  |  |
ACL - Loans, Beginning balance |  | 2,063 | 2,063
Residential 1-4 Family |  |  |
Loans |  |  |
ACL - Loans, Beginning balance | 10,620 | 5,944 | 5,944
ACL on PCD loans acquired |  | 28 |
Charge-offs | (1) |  |
Recoveries | 3 | 27 |
Provision | (122) | 1,978 |
ACL - Loans, Ending balance | 10,500 | 10,544 | 10,620
Residential 1-4 Family | Adoption of CECL |  |  |
Loans |  |  |
ACL - Loans, Beginning balance |  | 2,567 | 2,567
Consumer |  |  |
Loans |  |  |
ACL - Loans, Beginning balance | 615 | 314 | 314
Charge-offs | (4) |  |
Recoveries |  | 1 |
Provision | (7) | 71 |
ACL - Loans, Ending balance | 604 | 1,006 | 615
Consumer | Adoption of CECL |  |  |
Loans |  |  |
ACL - Loans, Beginning balance |  | 620 | 620
Other |  |  |
Loans |  |  |
ACL - Loans, Beginning balance | 73 | 150 | 150
Charge-offs | (29) | (9) |
Recoveries | 5 | 2 |
Provision | 52 | 27 |
ACL - Loans, Ending balance | $ 101 | 137 | 73
Other | Adoption of CECL |  |  |
Loans |  |  |
ACL - Loans, Beginning balance |  | $ (33) | $ (33)

X
- Definition Amount excluding accrued interest, of allowance for credit loss on financing receivable. Excludes net investment in lease. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479344/326-20-45-1 + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of increase in allowance for credit loss on financing receivable purchased with credit deterioration. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479319/326-20-50-13 + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLossPurchasedWithCreditDeteriorationIncrease
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479319/326-20-50-13 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Regulation S-K (SK) -Number 229 -Section 1405 -Paragraph c -Publisher SEC + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLossesLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of increase in allowance for credit loss on financing receivable from recovery. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 79 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479294/326-20-55-79 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479319/326-20-50-13 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 11B -Subparagraph (c)(4) -SubTopic 10 -Topic 310 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481962/310-10-50-11B + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLossesRecovery
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of writeoff of financing receivable, charged against allowance for credit loss. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 79 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479294/326-20-55-79 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479319/326-20-50-6 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479319/326-20-50-13 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 11B -Subparagraph (c)(3) -SubTopic 10 -Topic 310 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481962/310-10-50-11B + Details
Name: | us-gaap_FinancingReceivableAllowanceForCreditLossesWriteOffs
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of credit loss expense (reversal of expense) for financing receivable. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479319/326-20-50-13 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(11)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483589/942-220-S99-1 + Details
Name: | us-gaap_ProvisionForLoanLossesExpensed
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Details
Name: | srt_CumulativeEffectPeriodOfAdoptionAxis=srt_CumulativeEffectPeriodOfAdoptionAdjustmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivablePortfolioSegmentAxis=us-gaap_CommercialPortfolioSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivablePortfolioSegmentAxis=bfc_CommercialRealEstateOwnerOccupiedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivablePortfolioSegmentAxis=bfc_CommercialRealEstateNonOwnerOccupiedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivablePortfolioSegmentAxis=srt_MultifamilyMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivablePortfolioSegmentAxis=us-gaap_ConstructionLoansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivablePortfolioSegmentAxis=us-gaap_ResidentialPortfolioSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivablePortfolioSegmentAxis=us-gaap_ConsumerPortfolioSegmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivablePortfolioSegmentAxis=us-gaap_UnallocatedFinancingReceivablesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |