{"schema_version":"secwatch.filing_event.v1","accession":"0001174850-23-000016","form_type":"8-K","ticker":"NIC","cik":"0001174850","company_name":"NICOLET BANKSHARES INC","filed_at":"2023-04-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.146817+00:00","generated_at":"2026-06-17T00:31:35.342615+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Nicolet posts Q1 net loss of $9M; sells $500M Treasuries to reposition balance sheet","bullets":["Net loss of $9M ($0.61 diluted EPS loss); core banking operations earned $22M (Non-GAAP).","Sold $500M HTM U.S. Treasuries for $38M pre-tax loss; expects ~$17M annual NII increase.","Net interest margin fell to 2.91% from 3.39% in Q4; total deposits declined 3% to $6.9B.","Tangible common equity ratio improved to 7.21%; nonperforming assets at 0.50% of total assets.","Non-core items reduced EPS by $2.06; management expects NIM improvement in coming quarters."],"urls":{"canonical":"https://secwatch.observer/filing/0001174850-23-000016","json":"https://secwatch.observer/filing/0001174850-23-000016.json","markdown":"https://secwatch.observer/filing/0001174850-23-000016.md","text":"https://secwatch.observer/filing/0001174850-23-000016.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1174850/000117485023000016/0001174850-23-000016-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1174850/000117485023000016/nic-20230418.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T00:31:35.342615+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"84cb943469fd16b2cc058c67f089d4d4d8da6395","claim":"NICOLET BANKSHARES INC reported first quarter 2023 results: net income net loss of $9 million, EPS loss per diluted common share of $0.61.","evidence_excerpt":"Nicolet Bankshares, Inc. (NYSE: NIC) (“Nicolet”) announced first quarter 2023 net loss of $9 million and loss per diluted common share of $0.61","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1174850/000117485023000016/0001174850-23-000016-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2023"},{"label":"Net income","value":"net loss of $9 million"},{"label":"EPS","value":"loss per diluted common share of $0.61"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}