secwatch.observer — SEC 8-K summary
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Issuer:     NICOLET BANKSHARES INC (NIC)
CIK:        0001174850
Form:       8-K
Filed at:   2022-03-30T23:59:59+00:00
Accession:  0001174850-22-000013
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1174850/000117485022000013/0001174850-22-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1174850/000117485022000013/ncbs-20220330.htm
  HTML page:      https://secwatch.observer/filing/0001174850-22-000013

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