Nicolet completes $139M merger with Charter Bankshares, adding $1.1B in assets

NICOLET BANKSHARES INC

Brenda Johnson appointed to board; lease with entity she owns has ~$550K total rent through 2026.
Merger consideration: 15.458 shares + $475 cash per Charter share, total ~$139M (1.26M shares + $39M cash).
Combined assets ~$8.5B, loans ~$5.8B, deposits ~$7.2B; four Charter branches now Nicolet.
Systems integration complete; expands presence to Western Wisconsin and Minnesota.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Brenda L. Johnson

Director

NIC · NICOLET BANKSHARES INC

Effective: 2022-08-26
Filed: August 30, 2022, 7:59 PM ET

the Nicolet Board of Directors increased the size of the board by one member and appointed Brenda L. Johnson, Chairperson of Charter, to fill the vacancy created by this increase.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Brenda L. Johnson was appointed as Director at NICOLET BANKSHARES INC.

Action: appointed
Role: Director

Exact text from the filing

the Nicolet Board of Directors increased the size of the board by one member and appointed Brenda L. Johnson, Chairperson of Charter, to fill the vacancy created by this increase.

View on SEC.gov

NICOLET BANKSHARES INC filing history →

Source: SEC EDGAR

accession 0001174850-22-000043

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.