secwatch.observer — SEC 8-K summary
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Issuer:     NICOLET BANKSHARES INC (NIC)
CIK:        0001174850
Form:       8-K
Filed at:   2025-04-15T23:59:59+00:00
Accession:  0001174850-25-000020
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nicolet Bankshares Q1 net income $33M, EPS $2.08; board adds $60M to buyback
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- Net income $33M ($2.08 diluted EPS) vs. $28M ($1.82) in Q1 2024; net interest margin 3.58%.
- Loans grew $119M (2%) from year-end; core deposits up $62M (1%); total assets $9.0B.
- Repurchased 233,207 shares for $26M in Q1; board approved $60M additional buyback on Apr 15.
- Nonperforming assets $29M (0.33% of assets); allowance for credit losses $67M (1.00% of loans).
- CEO cites top-quartile profitability, disciplined growth, and M&A patience while focusing on buybacks.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1174850/000117485025000020/0001174850-25-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1174850/000117485025000020/nic-20250415.htm
  HTML page:      https://secwatch.observer/filing/0001174850-25-000020

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