secwatch.observer — SEC 8-K summary
======================================

Issuer:     NICOLET BANKSHARES INC (NIC)
CIK:        0001174850
Form:       8-K
Filed at:   2026-02-20T23:59:59+00:00
Accession:  0001174850-26-000072
Event type: m_and_a
Sentiment:  positive
Materiality: 0.95
Item codes: 2.01, 1.01, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud

Nicolet Bankshares completes merger with MidWest One Financial Group
--------------------------------------------------------------------

- Nicolet issued ~6.6 million shares valued at $155.19 each to acquire MidWest One on Feb 13, 2026.
- Combined entity reports ~$15 billion in assets, ~$11 billion in loans, and ~$13 billion in deposits.
- Four former MidWest One directors (McCormick, Chaney, Godwin, Hayek) join eight existing Nicolet board members.
- MidWest One Bank will operate as a Nicolet division until a system conversion in August 2026.
- CEO Mike Daniels cites strong cultural fit and local decision-making as key to the merger.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1174850/000117485026000072/0001174850-26-000072-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1174850/000117485026000072/nic-20260213.htm
  HTML page:      https://secwatch.observer/filing/0001174850-26-000072

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