secwatch.observer — SEC 8-K summary
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Issuer:     NICOLET BANKSHARES INC (NIC)
CIK:        0001174850
Form:       8-K
Filed at:   2021-07-20T23:59:59+00:00
Accession:  0001174850-21-000058
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nicolet Q2 net income $18.3M ($1.77 EPS); Mackinac merger cleared, County deal announced
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- Q2 2021 net income $18.3M ($1.77 diluted EPS), up 36% from Q2 2020; ROAA 1.62%.
- Net interest margin expanded 14bps to 3.45%; PPP loan forgiveness accelerated.
- Noninterest income $20.2M including $4.2M gain from equity IPO; expense $30.7M with $2M contract termination.
- Mackinac merger received shareholder & regulatory approvals; expected to close Q3 2021.
- County Bancorp merger (total assets $1.5B) announced June 22; expected close Q4 2021 subject to approvals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1174850/000117485021000058/0001174850-21-000058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1174850/000117485021000058/ncbs-20210720.htm
  HTML page:      https://secwatch.observer/filing/0001174850-21-000058

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