---
schema_version: "secwatch.filing_event.v1"
accession: "0001174850-22-000013"
form_type: "8-K"
ticker: "NIC"
cik: "0001174850"
company_name: "NICOLET BANKSHARES INC"
filed_at: "2022-03-30T23:59:59+00:00"
generated_at: "2026-06-26T13:08:44.333859+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Nicolet Bankshares to acquire Charter Bankshares for ~$158M in stock and cash

## Summary
- Consideration: 1.26M NCBS shares + ~$38.8M cash, total ~$158M at $94.40/share.
- Deal multiple: 1.67x adjusted tangible book value and ~12.4x 2021 tax-adjusted EPS.
- EPS accretion estimated high-single digits in 2023; accretive to tangible book value.
- Paul Kohler to lead Western WI & Twin Cities market; Brenda Johnson to join Nicolet boards.
- Expected close Q3 2022, subject to regulatory and shareholder approvals.

## SEC filing metadata
- accession: 0001174850-22-000013
- form_type: 8-K
- ticker: NIC
- cik: 0001174850
- company_name: NICOLET BANKSHARES INC
- filed_at: 2022-03-30T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1174850/000117485022000013/0001174850-22-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1174850/000117485022000013/ncbs-20220330.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174850-22-000013
- JSON: https://secwatch.observer/filing/0001174850-22-000013.json
- Plain text: https://secwatch.observer/filing/0001174850-22-000013.txt

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