---
schema_version: "secwatch.filing_event.v1"
accession: "0001174850-22-000003"
form_type: "8-K"
ticker: "NIC"
cik: "0001174850"
company_name: "NICOLET BANKSHARES INC"
filed_at: "2022-01-18T23:59:59+00:00"
generated_at: "2026-06-27T17:26:39.964896+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Nicolet Q4 net income $16M, EPS $1.25; closes County Bancorp acquisition adding $1.4B assets

## Summary
- Q4 net income $16M ($1.25 diluted EPS) vs Q3 $8M ($0.73) and Q4 '20 $18M ($1.74).
- Full year 2021 net income $61M; adjusted net income $73M ($6.57 adjusted EPS).
- Completed County Bancorp merger Dec 3, adding $1.4B assets; total consideration $223M.
- Completed Mackinac Financial merger Sep 3, adding $1.5B assets; total consideration $229M.
- Net interest margin improved to 3.57% from 2.94% QoQ; repurchased $27.8M in Q4 stock.

## SEC filing metadata
- accession: 0001174850-22-000003
- form_type: 8-K
- ticker: NIC
- cik: 0001174850
- company_name: NICOLET BANKSHARES INC
- filed_at: 2022-01-18T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1174850/000117485022000003/0001174850-22-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1174850/000117485022000003/ncbs-20220118.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174850-22-000003
- JSON: https://secwatch.observer/filing/0001174850-22-000003.json
- Plain text: https://secwatch.observer/filing/0001174850-22-000003.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.