Nicolet Bankshares, Inc. (NIC)

Nicolet Bankshares Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	500.53	660.23	536.05	491.43	154.72	593.39
Investment Securities	777.95	385.02	403.58	471.12	1,285	1,236
Mortgage-Backed Securities	1,239	496.78	421.95	352.62	338.79	371.38
Total Investments	2,036	881.81	825.53	823.75	1,624	1,608
Gross Loans	10,882	6,836	6,627	6,354	6,180	4,622
Allowance for Loan Losses	-134.78	-68.81	-66.32	-63.61	-61.83	-49.67
Net Loans	10,748	6,768	6,560	6,290	6,119	4,572
Property, Plant & Equipment	193.34	120.46	126.98	118.76	108.96	94.57
Goodwill	838.43	367.39	367.39	367.39	367.39	317.19
Other Intangible Assets	121.23	15.01	20.75	26.98	35.05	22.3
Loans Held for Sale	9.08	13.62	7.64	4.16	1.48	6.45
Accrued Interest Receivable	57.41	26.6	25.03	24.24	21.28	15.28
Restricted Cash	10	-	-	-	-	1.9
Other Current Assets	-	-	-	-	-	199.83
Other Real Estate Owned & Foreclosed	4.38	0.67	0.69	1.27	1.98	11.96
Other Long-Term Assets	532.07	324.05	316.8	310.71	312.12	241.59
Total Assets	15,065	9,185	8,797	8,469	8,764	7,695

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Bearing Deposits	9,778	5,902	5,612	5,239	4,817	4,490
Non-Interest Bearing Deposits	2,818	1,829	1,791	1,959	2,362	1,976
Total Deposits	12,597	7,731	7,404	7,198	7,179	6,466
Short-Term Borrowings	18.94	-	-	-	317	-
Current Portion of Leases	-	1.47	-	-	-	-
Accrued Interest Payable	13.43	8.67	7.77	7.77	4.27	3.08
Other Current Liabilities	-	-	-	-	-	51.59
Long-Term Debt	92.75	92.65	115	121.38	152.62	153.03
Federal Home Loan Bank Debt, Long-Term	-	-	5	5	33	25
Long-Term Leases	-	3.66	-	-	-	-
Trust Preferred Securities	-	42.22	41.38	40.55	39.72	38.89
Other Long-Term Liabilities	108.82	48.02	51.05	57.18	65.91	65.65
Total Liabilities	12,831	7,927	7,624	7,430	7,791	6,803

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0.21	0.15	0.15	0.15	0.15	0.14
Additional Paid-In Capital	1,514	583.26	655.54	633.77	621.99	575.05
Retained Earnings	811.46	697.8	565.77	458.26	407.86	313.6
Comprehensive Income & Other	-91.17	-23.54	-48.57	-53.17	-57.47	3.1
Total Common Equity	2,234	1,258	1,173	1,039	972.53	891.89
Shareholders' Equity	2,234	1,258	1,173	1,039	972.53	891.89
Total Liabilities & Equity	15,065	9,185	8,797	8,469	8,764	7,695

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	111.69	139.98	161.39	166.93	542.34	216.92
Net Cash (Debt)	407.94	520.25	374.66	330.88	-375.1	398.4
Net Cash Growth	20.40%	38.86%	13.23%	-	-	-48.70%
Net Cash Per Share	21.11	33.77	24.30	21.96	-26.09	35.75
Filing Date Shares Outstanding	20.79	21.37	15.26	14.9	14.69	13.59
Total Common Shares Outstanding	20.75	14.78	15.36	14.89	14.69	13.99
Book Value Per Share	107.65	85.08	76.38	69.76	66.20	63.73
Tangible Book Value	1,275	875.26	784.76	644.64	570.09	552.4
Tangible Book Value Per Share	61.41	59.21	51.10	43.28	38.81	39.47

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Sep 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 11, 2026

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