---
schema_version: "secwatch.filing_event.v1"
accession: "0001174850-22-000015"
form_type: "8-K"
ticker: "NIC"
cik: "0001174850"
company_name: "NICOLET BANKSHARES INC"
filed_at: "2022-04-19T23:59:59+00:00"
generated_at: "2026-06-26T06:26:26.350649+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Nicolet Bankshares Q1 net income $24M, EPS $1.70; Charter acquisition details

## Summary
- Net income of $24M ($1.70 diluted EPS) vs $16M ($1.25) prior quarter and $18M ($1.75) year ago.
- Acquiring Charter Bankshares for ~1.26M shares + $38.8M cash; expected close Q3 2022.
- Repurchased 593,713 shares for $54.4M ($91.66 avg) during Q1.
- Total loans up $61M from Dec 31, 2021; net interest margin 3.23% down 34bps QoQ.
- Nonperforming assets 0.68% of total assets; allowance for credit losses unchanged at 1.07%.

## SEC filing metadata
- accession: 0001174850-22-000015
- form_type: 8-K
- ticker: NIC
- cik: 0001174850
- company_name: NICOLET BANKSHARES INC
- filed_at: 2022-04-19T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1174850/000117485022000015/0001174850-22-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1174850/000117485022000015/ncbs-20220419.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174850-22-000015
- JSON: https://secwatch.observer/filing/0001174850-22-000015.json
- Plain text: https://secwatch.observer/filing/0001174850-22-000015.txt

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