{"schema_version":"secwatch.filing_event.v1","accession":"0001174850-23-000035","form_type":"8-K","ticker":"NIC","cik":"0001174850","company_name":"NICOLET BANKSHARES INC","filed_at":"2023-10-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.416518+00:00","generated_at":"2026-06-09T13:30:21.244934+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Nicolet Q3 net income $17M ($1.14 EPS); Wisconsin tax change lowers future rate to 19.5%","bullets":["Net income $17M ($1.14 diluted EPS) vs $23M ($1.51) in Q2; adjusted net income $23M (non-core items -$0.40/share).","NIM improved 2 bps to 3.16%; net interest income $61M, up $2M sequentially on loan repricing and investable cash.","Wisconsin tax law change: one-time $9.1M charge in Q3, but ongoing state exemption reduces future effective tax rate from 25% to 19.5%.","Subsequent event: Sold UFS membership interest for $10M, pre-tax gain ~$9M to be recognized in Q4 2023.","Wealth assets under management up 24% from year-end 2022; asset quality stable (NPAs 0.37%, ACL 1.01%)."],"urls":{"canonical":"https://secwatch.observer/filing/0001174850-23-000035","json":"https://secwatch.observer/filing/0001174850-23-000035.json","markdown":"https://secwatch.observer/filing/0001174850-23-000035.md","text":"https://secwatch.observer/filing/0001174850-23-000035.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1174850/000117485023000035/0001174850-23-000035-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1174850/000117485023000035/nic-20231024.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T13:30:21.244934+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":"638cc150f18c18513d25d61007adcbcf55d8d51f","claim":"NICOLET BANKSHARES INC reported third quarter 2023 results: net income net income of $17 million, EPS earnings per diluted common share of $1.14.","evidence_excerpt":"Nicolet Bankshares, Inc. (NYSE: NIC) (\"Nicolet\") announced third quarter 2023 net income of $17 million and earnings per diluted common share of $1.14, compared to net income of $23 million and earnings per diluted common share of $1.51 for second quarter 2023, and net income of $19 million and earnings per diluted common share of $1.29 for third quarter 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1174850/000117485023000035/0001174850-23-000035-index.htm","confidence":0.85,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter 2023"},{"label":"Net income","value":"net income of $17 million"},{"label":"EPS","value":"earnings per diluted common share of $1.14"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"70871e88cadb412f5d3e838169cd31293e9db442","claim":"NICOLET BANKSHARES INC reported nine months ended September 30, 2023 results: net income Net income for the nine months ended September 30, 2023 was $31 million, EPS earnings per diluted common share of $2.05.","evidence_excerpt":"Net income for the nine months ended September 30, 2023 was $31 million and earnings per diluted common share of $2.05, compared to net income of $67 million and earnings per diluted common share of $4.72 for the nine months ended September 30, 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1174850/000117485023000035/0001174850-23-000035-index.htm","confidence":0.85,"family_label":"Earnings Releases","details":[{"label":"Period","value":"nine months ended September 30, 2023"},{"label":"Net income","value":"Net income for the nine months ended September 30, 2023 was $31 million"},{"label":"EPS","value":"earnings per diluted common share of $2.05"},{"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"}