Nicolet Bankshares Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	660.23	536.05	491.43	154.72	593.39
Investment Securities	923.08	403.58	471.12	1,285	1,236
Mortgage-Backed Securities	-	421.95	352.62	338.79	371.38
Total Investments	923.08	825.53	823.75	1,624	1,608
Gross Loans	6,836	6,627	6,354	6,180	4,622
Allowance for Loan Losses	-68.81	-66.32	-63.61	-61.83	-49.67
Net Loans	6,768	6,560	6,290	6,119	4,572
Property, Plant & Equipment	120.46	126.98	118.76	108.96	94.57
Goodwill	-	367.39	367.39	367.39	317.19
Other Intangible Assets	382.4	20.75	26.98	35.05	22.3
Loans Held for Sale	13.62	7.64	4.16	1.48	6.45
Accrued Interest Receivable	124.61	25.03	24.24	21.28	15.28
Restricted Cash	-	-	-	-	1.9
Other Current Assets	-	-	-	-	199.83
Other Real Estate Owned & Foreclosed	0.67	0.69	1.27	1.98	11.96
Other Long-Term Assets	192.5	316.8	310.71	312.12	241.59
Total Assets	9,185	8,797	8,469	8,764	7,695
Interest Bearing Deposits	5,902	5,612	5,239	4,817	4,490
Non-Interest Bearing Deposits	1,829	1,791	1,959	2,362	1,976
Total Deposits	7,731	7,404	7,198	7,179	6,466
Short-Term Borrowings	-	-	-	317	-
Current Portion of Leases	-	2.23	-	-	-
Accrued Interest Payable	61.81	7.77	7.77	4.27	3.08
Other Current Liabilities	-	-	-	-	51.59
Long-Term Debt	134.86	115	121.38	152.62	153.03
Federal Home Loan Bank Debt, Long-Term	-	5	5	33	25
Long-Term Leases	-	6.67	-	-	-
Trust Preferred Securities	-	41.38	40.55	39.72	38.89
Other Long-Term Liabilities	-	42.15	57.18	65.91	65.65
Total Liabilities	7,927	7,624	7,430	7,791	6,803
Common Stock	0.15	0.15	0.15	0.15	0.14
Additional Paid-In Capital	583.26	655.54	633.77	621.99	575.05
Retained Earnings	697.8	565.77	458.26	407.86	313.6
Comprehensive Income & Other	-23.54	-48.57	-53.17	-57.47	3.1
Total Common Equity	1,258	1,173	1,039	972.53	891.89
Shareholders' Equity	1,258	1,173	1,039	972.53	891.89
Total Liabilities & Equity	9,185	8,797	8,469	8,764	7,695
Total Debt	134.86	170.29	166.93	542.34	216.92
Net Cash (Debt)	525.37	366.74	330.88	-375.1	398.4
Net Cash Growth	43.25%	10.84%	-	-	-48.70%
Net Cash Per Share	34.11	23.79	21.96	-26.09	35.75
Filing Date Shares Outstanding	14.67	15.26	14.9	14.69	13.59
Total Common Shares Outstanding	14.67	15.36	14.89	14.69	13.99
Book Value Per Share	85.75	76.38	69.76	66.20	63.73
Tangible Book Value	875.26	784.76	644.64	570.09	552.4
Tangible Book Value Per Share	59.68	51.10	43.28	38.81	39.47

Updated Jan 20, 2026. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q