secwatch.observer — SEC 8-K summary
======================================

Issuer:     NICOLET BANKSHARES INC (NIC)
CIK:        0001174850
Form:       8-K
Filed at:   2022-01-18T23:59:59+00:00
Accession:  0001174850-22-000003
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1174850/000117485022000003/0001174850-22-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1174850/000117485022000003/ncbs-20220118.htm
  HTML page:      https://secwatch.observer/filing/0001174850-22-000003

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