Advertisement

You will be redirected to the page you want to view in  seconds.

Nicolet Bankshares earnings up in third quarter

6:21 PM, Oct. 16, 2013  |  Comments
Nicolet National Bank on Washington Street in Green Bay
Nicolet National Bank on Washington Street in Green Bay
  • Filed Under

Nicolet Bankshares, parent company of Nicolet National Bank, reported net income of $3.8 million for the third quarter.

That bettered the $1 million it earned in last year's third quarter.

After paying preferred stock dividends, income was 84 cents per share, compared with 19 cents per share last year.

Earlier this year, Nicolet Bank concluded its acquisition of Mid-Wisconsin Financial Services of Medford, and in August acquired deposits and selected assets of Bank of Wausau.

At the end of the third quarter, Nicolet reported assets of $1.1 billion, loans of $872 million and deposits of $960 million.

"These results are the fruit of a patient and deliberate focus on finding value in a troubled industry," said Bob Atwell, chairman and CEO. "While the favorable impact of the acquisitions is obvious, we are also pleased with their impact on core profitability and value for our shareholders."

What's your take on the Packers Family Night change?

Retrieving results.
Watching practice is fine.(Your vote)
15%
573 votes
I'd rather watch a scrimmage.(Your vote)
23%
855 votes
I don't want to pay to watch practice.(Your vote)
27%
1013 votes
It doesn't matter to me.(Your vote)
34%
1271 votes

Catch up on the latest in our pregame show every game day.

Football fans

If you've ever answered "Who has the ball?" with "It's halftime," you might recognize The Airhead. Check out the characters in our cartoon gallery of oddball fans.

Special Reports

ORDER YOURS

Football fans

If you've ever answered "Who has the ball?" with "It's halftime," you might recognize The Airhead. Check out the characters in our cartoon gallery of oddball fans.

Special Reports