---
schema_version: "secwatch.filing_event.v1"
accession: "0001174850-22-000046"
form_type: "8-K"
ticker: "NIC"
cik: "0001174850"
company_name: "NICOLET BANKSHARES INC"
filed_at: "2022-10-25T23:59:59+00:00"
generated_at: "2026-06-23T01:11:27.728662+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Nicolet Q3 net income $19M ($1.29 EPS); Charter acquisition adds $1.1B assets

## Summary
- Net income $19M vs $24M prior quarter; adjusted net income $25M ($1.74 adj. EPS).
- Completed Charter Bankshares acquisition Aug 26 for $137M (1.26M shares + $39M cash), adding $1.1B assets.
- Net interest margin up 14bps to 3.48%; organic loan growth annualized 14.2% ex-Charter.
- Nonperforming assets 0.45% of total assets; net charge-offs negligible.
- Noninterest expense up 17% QoQ, driven by personnel costs from wealth team investments and Charter-related expenses.

## SEC filing metadata
- accession: 0001174850-22-000046
- form_type: 8-K
- ticker: NIC
- cik: 0001174850
- company_name: NICOLET BANKSHARES INC
- filed_at: 2022-10-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1174850/000117485022000046/0001174850-22-000046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1174850/000117485022000046/nic-20221025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174850-22-000046
- JSON: https://secwatch.observer/filing/0001174850-22-000046.json
- Plain text: https://secwatch.observer/filing/0001174850-22-000046.txt

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