Nicolet Bankshares, Inc. (NIC)

Nicolet Bankshares Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	422.64	536.05	491.43	154.72	593.39	800.96
Investment Securities	395.83	403.58	471.12	1,285	1,236	433.98
Mortgage-Backed Securities	473.3	421.95	352.62	338.79	371.38	162.5
Total Investments	869.13	825.53	823.75	1,624	1,608	596.48
Gross Loans	6,839	6,627	6,354	6,180	4,622	2,789
Allowance for Loan Losses	-68.41	-66.32	-63.61	-61.83	-49.67	-32.17
Net Loans	6,771	6,560	6,290	6,119	4,572	2,757
Property, Plant & Equipment	123.72	126.98	118.76	108.96	94.57	59.94
Goodwill	367.39	367.39	367.39	367.39	317.19	163.15
Other Intangible Assets	17.72	20.75	26.98	35.05	22.3	12.2
Loans Held for Sale	9.96	7.64	4.16	1.48	6.45	21.45
Accrued Interest Receivable	26.79	25.03	24.24	21.28	15.28	9.87
Restricted Cash	-	-	-	-	1.9	1.9
Other Current Assets	-	-	-	-	199.83	-
Other Real Estate Owned & Foreclosed	0.88	0.69	1.27	1.98	11.96	3.61
Other Long-Term Assets	315.56	316.8	310.71	312.12	241.59	125.3
Total Assets	8,931	8,797	8,469	8,764	7,695	4,552
Interest Bearing Deposits	5,741	5,612	5,239	4,817	4,490	2,698
Non-Interest Bearing Deposits	1,800	1,791	1,959	2,362	1,976	1,213
Total Deposits	7,542	7,404	7,198	7,179	6,466	3,910
Short-Term Borrowings	-	-	-	317	-	-
Current Portion of Leases	-	2.23	-	-	-	-
Accrued Interest Payable	8.8	7.77	7.77	4.27	3.08	46.83
Other Current Liabilities	-	-	-	-	51.59	-
Long-Term Debt	92.54	115	121.38	152.62	153.03	-
Federal Home Loan Bank Debt, Long-Term	-	5	5	33	25	29
Long-Term Leases	-	6.67	-	-	-	-
Trust Preferred Securities	41.8	41.38	40.55	39.72	38.89	24.87
Other Long-Term Liabilities	55.9	42.15	57.18	65.91	65.65	1.5
Total Liabilities	7,741	7,624	7,430	7,791	6,803	4,013
Common Stock	0.15	0.15	0.15	0.15	0.14	0.1
Additional Paid-In Capital	601.63	655.54	633.77	621.99	575.05	273.39
Retained Earnings	625.24	565.77	458.26	407.86	313.6	252.95
Comprehensive Income & Other	-36.92	-48.57	-53.17	-57.47	3.1	12.75
Total Common Equity	1,190	1,173	1,039	972.53	891.89	539.19
Shareholders' Equity	1,190	1,173	1,039	972.53	891.89	539.19
Total Liabilities & Equity	8,931	8,797	8,469	8,764	7,695	4,552
Total Debt	134.34	170.29	166.93	542.34	216.92	53.87
Net Cash (Debt)	288.3	366.74	330.88	-375.1	398.4	776.61
Net Cash Growth	15.31%	10.84%	-	-	-48.70%	514.24%
Net Cash Per Share	18.54	23.79	21.96	-26.09	35.75	73.67
Filing Date Shares Outstanding	14.86	15.26	14.9	14.69	13.59	9.98
Total Common Shares Outstanding	14.92	15.36	14.89	14.69	13.99	9.99
Book Value Per Share	79.74	76.38	69.76	66.20	63.73	53.96
Tangible Book Value	804.99	784.76	644.64	570.09	552.4	363.84
Tangible Book Value Per Share	53.94	51.10	43.28	38.81	39.47	36.41

Updated Jul 15, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q