---
schema_version: "secwatch.filing_event.v1"
accession: "0001174850-22-000043"
form_type: "8-K"
ticker: "NIC"
cik: "0001174850"
company_name: "NICOLET BANKSHARES INC"
filed_at: "2022-08-30T23:59:59+00:00"
generated_at: "2026-06-23T19:14:04.041733+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001174850-22-000043
- form_type: 8-K
- ticker: NIC
- cik: 0001174850
- company_name: NICOLET BANKSHARES INC
- filed_at: 2022-08-30T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1174850/000117485022000043/0001174850-22-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1174850/000117485022000043/nic-20220826.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174850-22-000043
- JSON: https://secwatch.observer/filing/0001174850-22-000043.json
- Plain text: https://secwatch.observer/filing/0001174850-22-000043.txt

## Key facts
- Executive change
  Brenda L. Johnson was appointed as Director at NICOLET BANKSHARES INC.
  - Action: appointed
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1174850/000117485022000043/0001174850-22-000043-index.htm

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