Bank FirstNational Corp.'s board approved a quarterly cash dividend of 15cents per common share, payable Oct. 5 to shareholders of record Sept. 28.

The dividend represents an increase of 7.1% from the prior quarter.

The Manitowoc, Wis.-based company reported second-quarternet income of $3.8 million, or 60 cents per share, compared to $3.4 million, or54 cents per share, for the year-ago period.