July 26, 2016 5:58 PM ET

Banks

Company Overview of Nicolet Bankshares Inc.

Company Overview

Nicolet Bankshares, Inc. operates as the holding company for Nicolet National Bank that provides commercial and retail banking services for businesses and individuals. The company accepts checking, savings, and money market accounts; various certificates of deposit; and individual retirement accounts. It also offers commercial loans, including commercial, industrial, and business loans and lines of credit, as well as owner-occupied commercial real estate and agricultural production loans; commercial real estate loans consisting of investment real estate, agricultural real estate, and construction and land development loans; residential real estate loans, such as residential first lien mortga...

111 North Washington Street

Green Bay, WI 54301

United States

Founded in 2000

280 Employees

Phone:

920-430-1400

Fax:

920-430-7581

Key Executives for Nicolet Bankshares Inc.

Chairman of the Board, Chief Executive Officer, President, Member of Executive Committee and Chairman of Nicolet National Bank
Age: 58
Total Annual Compensation: $560.0K
Chief Financial Officer and Chief Financial Officer of Nicolet National Bank
Age: 55
Total Annual Compensation: $266.5K
Executive Vice President, Secretary, Director, Member of Executive Committee, Chief Executive Officer of Nicolet National Bank, President of Nicolet National Bank and Director of Nicolet National Bank
Age: 51
Total Annual Compensation: $472.0K
Compensation as of Fiscal Year 2015.

Nicolet Bankshares Inc. Key Developments

Nicolet Bankshares Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2016

Nicolet Bankshares Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2016. For the quarter, the company's net interest income was $16.5 million compared with $9.7 million a year ago. Income before income taxes was $4.9 million compared with $4.4 million a year ago. Net income available to common equity was $2.98 million or $0.39 per diluted share compared with $2.9 million or $0.66 per diluted share a year ago. As on June 30, 2016, the company's book value per common share was $31.61. Return on average assets was 0.66% compared with 1.00% a year ago. Return on average common equity was 5.55% compared with 12.84% a year ago. For the six months, the company's net interest income was $27.2 million compared with $20.7 million a year ago. Income before income taxes was $9.0 million compared with $9.3 million a year ago. Net income available to common equity was $5.5 million or $0.91 per diluted share compared with $5.9 million or $1.36 per diluted share a year ago. Return on average assets was 0.74% compared with 1.02% a year ago. Return on average common equity was 7.01% compared with 13.36% a year ago.

Nicolet Bankshares Inc.(NasdaqCM:NCBS) added to S&P TMI Index

Nicolet Bankshares Inc.(NasdaqCM:NCBS) added to S&P TMI Index

Nicolet National Bank Announces Resignation of Robert J. Cera as Co-Chairman and to its Board

Upon mutual agreement, as provided for under Section 4.1(d) of the Employment Agreement dated April 29, 2016, Mr. Robert J. Cera and Nicolet Bankshares Inc. (“the “Company”) and Nicolet National Bank (the “Bank”) (collectively the “Parties”) have agreed to terminate Mr. Cera’s employment effective May 24, 2016 (the “Termination Date”). As a result, Mr. Cera no longer serves as Co-Chairman of the Bank. Mr. Bob Atwell will continue, singularly, as Chairman of the Bank. Mr. Cera has also resigned from the Bank Boards.

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