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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Interest income:      
Loans, including loan fees $ 125,524 $ 113,953 $ 100,541
Investment securities:      
Taxable 7,584 6,068 4,728
Tax-exempt 2,075 2,296 2,360
Other interest income 3,405 3,220 1,624
Total interest income 138,588 125,537 109,253
Interest expense:      
Deposits 18,965 15,420 7,686
Short-term borrowings 5 9 84
Long-term borrowings 3,540 3,460 2,741
Total interest expense 22,510 18,889 10,511
Net interest income 116,078 106,648 98,742
Provision for loan losses 1,200 1,600 2,325
Net interest income after provision for loan losses 114,878 105,048 96,417
Noninterest income:      
Mortgage income, net 11,878 6,344 5,361
BOLI income 2,369 2,418 1,778
Asset gains (losses), net 7,897 1,169 2,029
Other income 5,559 5,528 4,454
Total noninterest income 53,367 39,509 34,639
Noninterest expense:      
Personnel 54,437 49,476 44,458
Occupancy, equipment and office 14,788 14,574 13,308
Business development and marketing 5,685 5,324 4,700
Data processing 9,950 9,514 8,715
Intangibles amortization 3,872 4,389 4,695
Other expense 8,067 6,481 5,480
Total noninterest expense 96,799 89,758 81,356
Income before income tax expense 71,446 54,799 49,700
Income tax expense 16,458 13,446 16,267
Net income 54,988 41,353 33,433
Less: Net income attributable to noncontrolling interest 347 317 283
Net income attributable to Nicolet Bankshares, Inc. $ 54,641 $ 41,036 $ 33,150
Earnings per common share:      
Basic (in dollars per share) $ 5.71 $ 4.26 $ 3.51
Diluted (in dollars per share) $ 5.52 $ 4.12 $ 3.33
Weighted average common shares outstanding:      
Basic (in shares) 9,561,978 9,640,258 9,439,951
Diluted (in shares) 9,900,319 9,956,353 9,958,160
Trust services fee income      
Noninterest income:      
Fees and commisions $ 6,227 $ 6,498 $ 6,031
Brokerage fee income      
Noninterest income:      
Fees and commisions 8,115 7,042 5,736
Service charges on deposit accounts      
Noninterest income:      
Fees and commisions 4,824 4,845 4,604
Card interchange income      
Noninterest income:      
Fees and commisions $ 6,498 $ 5,665 $ 4,646