- CEO
- Robert Atwell
- Full Time Employees
- 833
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 111 N Washington St Green Bay WI United States of America 54301
- IPO Date
- Apr 26, 2013
- Business
- Nicolet Bankshares, Inc. operates as a bank holding company providing full-service community banking through its subsidiary, Nicolet National Bank. The company offers a wide range of financial products and services including commercial loans such as commercial, industrial, business loans and lines of credit; commercial real estate loans; agricultural production and real estate loans; construction and land development loans; residential loans including first lien and junior lien mortgages, home equity loans and lines of credit, residential construction loans; and consumer loans. Additionally, Nicolet provides cash management, international banking, business deposit products, personal brokerage, safe deposit boxes, trust and fiduciary services, wealth management, and retirement plan services. The company supports digital banking with online commercial, retail, and trust banking, automated bill payment, mobile banking deposits, remote deposit capture, wire transfers, debit and credit cards, prepaid gift cards, direct deposits, official bank checks, and crop insurance facilitation. It operates approximately 56 branch locations along with digital channels primarily in Wisconsin, Michigan, and Minnesota.
Founded in 2001 and headquartered in Green Bay, Wisconsin, Nicolet Bankshares has pursued strategic growth through acquisitions and branch expansions. Its latest major development is the announced acquisition of MidWestOne Financial Group, a transaction valued at approximately $864 million in an all-stock deal expected to close in the first half of 2026. This merger will roughly double Nicolet’s branch network to over 110 locations and increase pro forma total assets to about $15.3 billion, loans to $11.3 billion, and deposits to $13.1 billion. The combined company will have expanded geographic reach including the Upper Midwest, Denver, Colorado, and Naples, Florida. This transaction marks a transformational step as Nicolet approaches its 25th anniversary and aligns with its strategy to enhance banking services beyond growth alone.
Previous recent operational changes include the consolidation and closure of 15 branches in 2021 as part of its strategy to adjust to customer preferences and digital channel expansion, alongside completed mergers with Mackinac Financial Corporation and County Bancorp. The bank maintains a strong focus on community banking with tailored financial solutions for small to medium-sized businesses, agriculture, and consumer segments.
Nicolet Bankshares operates across key Midwestern states with a comprehensive product suite spanning commercial, agricultural, residential, and consumer lending, complemented by wealth management and fiduciary services. The company’s strategic alliances, acquisitions, and digital service enhancements position it as a significant regional banking institution with a diversified lending and deposit base.
The company’s leadership under CEO Mike Daniels emphasizes prudence, growth through acquisition, and enhanced service offerings as cornerstones of its business approach, aiming to deliver sustainable value to its shareholders and communities served.
This description incorporates the latest information about Nicolet Bankshares, Inc. reflecting its product breadth, recent acquisition activity, and operational footprint as of late 2025.