---
schema_version: "secwatch.filing_event.v1"
accession: "0001174850-22-000033"
form_type: "8-K"
ticker: "NIC"
cik: "0001174850"
company_name: "NICOLET BANKSHARES INC"
filed_at: "2022-07-19T23:59:59+00:00"
generated_at: "2026-06-24T12:03:18.807272+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Nicolet Q2 net income $24M, EPS $1.73; Charter merger regulatory approvals received

## Summary
- Net income $24M (diluted EPS $1.73) vs $18M in Q2 2021, up 31%; ROA 1.32%, ROTCE 19.21%.
- Loans grew $295M (6%) from prior quarter, including $100M repurchased Ag loans; organic growth 4%.
- Regulatory approvals received for Charter merger; expected to close Q3 2022 with ~1.26M shares + $38.8M cash.
- Nonperforming assets declined to $42M (0.56% of assets) from $49M (0.68%) in Q1 2022.
- Net interest margin improved to 3.34% from 3.23%; cost of funds up 5bps to 0.40%.

## SEC filing metadata
- accession: 0001174850-22-000033
- form_type: 8-K
- ticker: NIC
- cik: 0001174850
- company_name: NICOLET BANKSHARES INC
- filed_at: 2022-07-19T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1174850/000117485022000033/0001174850-22-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1174850/000117485022000033/ncbs-20220719.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174850-22-000033
- JSON: https://secwatch.observer/filing/0001174850-22-000033.json
- Plain text: https://secwatch.observer/filing/0001174850-22-000033.txt

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