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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	473.96	536.05	491.43	154.72	593.39	800.96
Investment Securities	395.37	403.58	471.12	1,285	1,236	433.98
Mortgage-Backed Securities	487.02	421.95	352.62	338.79	371.38	162.5
Total Investments	882.39	825.53	823.75	1,624	1,608	596.48
Gross Loans	6,875	6,627	6,354	6,180	4,622	2,789
Allowance for Loan Losses	-68.79	-66.32	-63.61	-61.83	-49.67	-32.17
Net Loans	6,806	6,560	6,290	6,119	4,572	2,757
Property, Plant & Equipment	121.71	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	16.31	20.75	26.98	35.05	22.3	12.2
Loans Held for Sale	11.31	7.64	4.16	1.48	6.45	21.45
Accrued Interest Receivable	27.76	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	0.77	0.69	1.27	1.98	11.96	3.61
Other Long-Term Assets	314.88	316.8	310.71	312.12	241.59	125.3
Total Assets	9,029	8,797	8,469	8,764	7,695	4,552
Interest Bearing Deposits	5,785	5,612	5,239	4,817	4,490	2,698
Non-Interest Bearing Deposits	1,826	1,791	1,959	2,362	1,976	1,213
Total Deposits	7,611	7,404	7,198	7,179	6,466	3,910
Short-Term Borrowings	-	-	-	317	-	-
Current Portion of Leases	-	2.23	-	-	-	-
Accrued Interest Payable	8.3	7.77	7.77	4.27	3.08	46.83
Other Current Liabilities	-	-	-	-	51.59	-
Long-Term Debt	92.59	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	42.01	41.38	40.55	39.72	38.89	24.87
Other Long-Term Liabilities	60.11	42.15	57.18	65.91	65.65	1.5
Total Liabilities	7,814	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	581.82	655.54	633.77	621.99	575.05	273.39
Retained Earnings	662.25	565.77	458.26	407.86	313.6	252.95
Comprehensive Income & Other	-29.26	-48.57	-53.17	-57.47	3.1	12.75
Total Common Equity	1,215	1,173	1,039	972.53	891.89	539.19
Shareholders' Equity	1,215	1,173	1,039	972.53	891.89	539.19
Total Liabilities & Equity	9,029	8,797	8,469	8,764	7,695	4,552
Total Debt	134.6	170.29	166.93	542.34	216.92	53.87
Net Cash (Debt)	339.36	366.74	330.88	-375.1	398.4	776.61
Net Cash Growth	25.70%	10.84%	-	-	-48.70%	514.24%
Net Cash Per Share	21.87	23.79	21.96	-26.09	35.75	73.67
Filing Date Shares Outstanding	14.8	15.26	14.9	14.69	13.59	9.98
Total Common Shares Outstanding	14.77	15.36	14.89	14.69	13.99	9.99
Book Value Per Share	82.26	76.38	69.76	66.20	63.73	53.96
Tangible Book Value	831.27	784.76	644.64	570.09	552.4	363.84
Tangible Book Value Per Share	56.28	51.10	43.28	38.81	39.47	36.41

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q