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ACQUISITIONS - Summary of the Assets Acquired (Including Goodwill) and Liabilities Assumed, including Preliminary Purchase Price Allocation (Details) - USD ($)
$ in Thousands
12 Months Ended 16 Months Ended
Sep. 03, 2021
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2022
Dec. 31, 2021
Assets Acquired:          
Goodwill   $ 367,387 $ 367,387 $ 367,387 $ 317,189
Assets Acquired:          
Goodwill   0 228    
Purchase Price:          
Goodwill   0 $ 49,970    
Mackinac Financial Corporation          
Assets Acquired:          
Cash and cash equivalents $ 448,000 448,000      
Investment securities 104,000 104,000      
Loans 930,000 940,000      
ACL-Loans (6,000) (2,000)      
Premises and equipment 24,000 21,000      
BOLI 16,000 16,000      
Goodwill 20,000 0      
Other intangibles 4,000 7,000      
Other assets 25,000 22,000      
Total assets 1,565,000 1,556,000      
Liabilities Assumed:          
Deposits 1,365,000 1,366,000      
Borrowings 28,000 29,000      
Other liabilities 13,000 14,000      
Total liabilities $ 1,406,000 1,409,000      
Net assets acquired   $ 147,000      
Assets Acquired:          
Cash and cash equivalents       0  
Investment securities       0  
Loans       10,000  
ACL-Loans       4,000  
Premises and equipment       (3,000)  
BOLI       0  
Goodwill       (20,000)  
Other intangibles       3,000  
Other assets       (3,000)  
Total assets       (9,000)  
Liabilities Assumed:          
Deposits       1,000  
Borrowings       1,000  
Other liabilities       1,000  
Total liabilities       $ 3,000  
Purchase Price:          
Nicolet common stock issued (in shares) 2,337,230        
Value of Nicolet common stock consideration $ 180,000        
Cash consideration paid 49,000        
Total purchase price 229,000        
Write-off prior investment in Mackinac (2,000)        
Goodwill $ 84,000