Welcome to our dedicated page for Nicolet Bankshar SEC filings (Ticker: NIC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to U.S. Securities and Exchange Commission filings for Nicolet Bankshares, Inc. (NYSE: NIC), a financial holding company and parent of Nicolet National Bank. Through these filings, investors can review detailed information about Nicolet’s commercial banking activities, financial condition, capital levels and governance.
Key documents for Nicolet include annual reports on Form 10-K and quarterly reports on Form 10-Q, which present audited and interim financial statements, net interest income, noninterest income, loan and deposit data, asset quality measures and discussions of non-GAAP financial metrics such as adjusted net income, tangible book value per common share and return on average tangible common equity. Current reports on Form 8-K disclose material events, such as quarterly earnings announcements, dividend declarations, executive compensation arrangements and significant transactions.
Recent 8-K filings describe items such as quarterly cash dividends on Nicolet’s common stock, quarterly and annual earnings results, and the entry into an Agreement and Plan of Merger with MidWestOne Financial Group, Inc., under which MidWestOne will merge with and into Nicolet in an all-stock transaction, subject to shareholder and regulatory approvals and other customary closing conditions. Another 8-K filing discusses a correction to merger-related compensation disclosure in a joint proxy statement-prospectus for the contemplated merger.
On Stock Titan, Nicolet’s SEC filings are updated in near real time from the EDGAR system and are accompanied by AI-powered summaries that highlight the main points of lengthy documents. These summaries can help readers quickly understand complex topics such as merger terms, golden parachute compensation tables, capital management actions and earnings trends, while still allowing full access to the underlying filings for detailed review.
Nicolet Bankshares is asking shareholders to elect 12 directors, ratify Forvis Mazars, LLP as auditor for 2026, and approve executive pay on an advisory basis at its virtual annual meeting on May 18, 2026.
Management highlights 2025 as a record year, with net income of $151 million versus $124 million in 2024 and diluted EPS rising to $9.78 from $8.05. Return on average assets reached 1.68% and return on average tangible common equity was 18.53%, supported by core deposit growth of $497 million (7%) and loan growth of $210 million (3%).
The company completed its acquisition of MidWestOne Financial Group on February 13, 2026 and plans to delay core system integration by about six months, expecting merger-related accounting, one-time costs, and phased cost savings to add volatility to 2026 results while emphasizing underlying “core” performance. Governance materials describe a largely independent board, active risk oversight, and human capital initiatives, including a 401(k) match up to 6% and expanded training.
Nicolet Bankshares director Robert Bruce Atwell reported a series of transactions in company stock. He exercised options to acquire 10,000 shares of Common Stock at an exercise price of $56.43 per share, converting a Stock Option (Right to Buy) into actual shares.
To cover obligations related to the exercise, 6,691 shares were disposed of as a tax-withholding transaction at a reported weighted-average price of about $150.28 per share. He also executed open-market sales totaling 3,309 shares of Common Stock at prices ranging from roughly $149.49 to $150.265 per share, as detailed in the filing.
Following these transactions, Atwell directly holds 34,054 shares of Common Stock. He also has an additional 554.562 shares held indirectly through the Nicolet National Bank Deferred Compensation Plan for Non-employee Directors. A separate option line shows 47,500 Stock Options outstanding after the exercise.
Robert Atwell submitted a Rule 144 notice concerning proposed sales of Common shares of the issuer. The filing lists a Stock Option Exercise for 3,309 shares on 03/12/2026 and discloses sales in the prior three months of 3,331 shares on 03/05/2026 and 6,396 shares on 02/18/2026, with dollar amounts reported for each sale.
Nicolet Bankshares director Robert Bruce Atwell reported several transactions in company stock on March 5, 2026. He exercised 10,000 stock options, acquiring 10,000 shares of common stock at $56.43 per share through a derivative exercise.
To cover the exercise price or tax obligations, 6,669 shares of common stock were disposed of at $151.93 per share in a tax-withholding transaction. He also completed open-market sales of 2,815 shares at $150.52, 400 shares at $151.34, and 116 shares at $152.05, with some sales executed at weighted average prices across stated ranges.
Following these transactions, Atwell directly owns 34,054 shares of common stock and holds 57,500 nonqualified stock options that are currently exercisable. He also has indirect ownership of 554.562 shares through the Nicolet National Bank Deferred Compensation Plan for non-employee directors.
Robert Atwell filed a Form 144 to sell 3,331 shares of common stock on 03/05/2026. The filing states the sale arises from a stock option exercise for cash.
The filing also discloses prior sales of 6,396 shares on 02/18/2026 for $994,357.75, reported in the “Securities Sold During The Past 3 Months” section.
Nicolet Bankshares, Inc. reports strong 2025 results and outlines its banking, wealth and insurance operations. At December 31, 2025, the company had total assets of $9.2 billion, loans of $6.8 billion, deposits of $7.7 billion and stockholders’ equity of $1.3 billion.
For 2025, Nicolet earned record net income of $151 million, or $9.78 per diluted share, while operating primarily through Nicolet National Bank and 57 branches, expanding to 114 branches after acquiring MidWestOne on February 13, 2026. MidWestOne reported approximately $6 billion in assets, $5 billion in loans and $5 billion in deposits at December 31, 2025.
As of June 30, 2025, nonaffiliate common stock had an aggregate market value of about $1.6 billion based on a $123.48 NYSE share price, and 21,366,851 shares were outstanding as of February 26, 2026. The filing also details regulatory capital requirements, confirms the bank’s well-capitalized status, and discusses extensive risk factors, technology and cybersecurity, competition, human capital and regulatory oversight.
Nicolet Bankshares director Robert Bruce Atwell reported several equity transactions in the company’s stock. He exercised 15,000 stock options, converting them into 15,000 shares of common stock at $48.85 per share. A portion of the resulting shares, 8,604 shares, was disposed of to cover tax obligations at a weighted average price of $155.17, and 6,396 shares were sold in open-market transactions at a weighted average price of $155.47, with individual sales occurring between $154.898 and $155.824. After these transactions, he held 34,054 shares of common stock directly and 554.562 shares indirectly through the Nicolet National Bank Deferred Compensation Plan for non‑employee directors.
Nicolet Bankshares, Inc. completed its previously announced merger with MidWestOne Financial Group, Inc., with MidWestOne merging into Nicolet and its bank subsidiary combining with Nicolet National Bank. Each MidWestOne share was converted into 0.3175 shares of Nicolet common stock, and Nicolet issued approximately 6.6 million new shares valued at $155.19 per share based on the February 13, 2026 closing price.
MidWestOne Bank will operate as a division of Nicolet National Bank until a planned system conversion in August 2026, when its 50+ locations will adopt the Nicolet brand and digital platform. Based on initial data, the transaction adds about $6 billion in assets, bringing Nicolet’s total assets to roughly $15 billion, with total loans around $11 billion and total deposits around $13 billion. The combined board will have twelve directors, including four former MidWestOne directors.
Nicolet Bankshares director Matthew J. Hayek acquired 4,063 shares of common stock through a share exchange tied to the company’s merger with MidWestOne Financial Group. The acquisition occurred on February 13, 2026, at a stated price of $0.00 per share, reflecting a non-cash award.
Under the merger agreement dated October 23, 2025, each MidWestOne common share was entitled to receive 0.3175 Nicolet Bankshares shares. Mr. Hayek received 0.3175 Nicolet shares for each MidWestOne share he held at the effective time of the merger, giving him 4,063 Nicolet shares held directly after the transaction.