secwatch.observer — SEC 8-K summary
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Issuer:     NICOLET BANKSHARES INC (NIC)
CIK:        0001174850
Form:       8-K
Filed at:   2021-12-13T23:59:59+00:00
Accession:  0001174850-21-000092
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nicolet completes consolidation and closure of fifteen branches after two mergers
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- Fifteen branches consolidated/closed effective Dec 10 2021 following Mackinac Financial merger (Sept 3) and County Bancorp merger (Dec 3).
- CEO Daniels reports deposit run-off largely has not materialized; organic growth offset outflows in many markets.
- Nicolet now operates 52 branches and four loan production offices in Wisconsin Michigan's Upper Peninsula and Northern Michigan.
- Management expects financial metrics from the integrations and closures to be positive in 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1174850/000117485021000092/0001174850-21-000092-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1174850/000117485021000092/ncbs-20211210.htm
  HTML page:      https://secwatch.observer/filing/0001174850-21-000092

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer