secwatch.observer — SEC 8-K summary
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Issuer:     NICOLET BANKSHARES INC (NIC)
CIK:        0001174850
Form:       8-K
Filed at:   2024-01-16T23:59:59+00:00
Accession:  0001174850-24-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nicolet Q4 net income $31M, EPS $2.02; core net income highest in 23 years
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- Q4 net income $31M (EPS $2.02) vs Q3 $17M ($1.14); adjusted net income $28M.
- Net interest margin 3.30%, up 14 bps QoQ; loan growth $115M (2%).
- Nonperforming assets 0.33% of assets, down from 0.37% Q3; tangible common equity 7.98%.
- Full-year 2023 net income $62M ($4.08 EPS) vs 2022 $94M ($6.56); adjusted $101M vs $99M.
- CEO cites highest quarterly core net income in history; momentum into 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1174850/000117485024000003/0001174850-24-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1174850/000117485024000003/nic-20240116.htm
  HTML page:      https://secwatch.observer/filing/0001174850-24-000003

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