secwatch.observer — SEC 8-K summary
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Issuer:     NICOLET BANKSHARES INC (NIC)
CIK:        0001174850
Form:       8-K
Filed at:   2022-04-19T23:59:59+00:00
Accession:  0001174850-22-000015
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nicolet Bankshares Q1 net income $24M, EPS $1.70; Charter acquisition details
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1174850/000117485022000015/0001174850-22-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1174850/000117485022000015/ncbs-20220419.htm
  HTML page:      https://secwatch.observer/filing/0001174850-22-000015

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