secwatch.observer — SEC 8-K summary
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Issuer:     NICOLET BANKSHARES INC (NIC)
CIK:        0001174850
Form:       8-K
Filed at:   2022-08-30T23:59:59+00:00
Accession:  0001174850-22-000043
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1174850/000117485022000043/0001174850-22-000043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1174850/000117485022000043/nic-20220826.htm
  HTML page:      https://secwatch.observer/filing/0001174850-22-000043

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer