{"id":937501,"date":"2026-02-17T14:33:13","date_gmt":"2026-02-17T19:33:13","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/nicolet-bankshares-inc-completes-merger-with-midwestone-financial-group-inc\/"},"modified":"2026-02-17T14:33:13","modified_gmt":"2026-02-17T19:33:13","slug":"nicolet-bankshares-inc-completes-merger-with-midwestone-financial-group-inc","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/nicolet-bankshares-inc-completes-merger-with-midwestone-financial-group-inc\/","title":{"rendered":"Nicolet Bankshares, Inc. Completes Merger with MidWestOne Financial Group, Inc."},"content":{"rendered":"

<\/p>\n

Nicolet Bankshares, Inc. Completes Merger with MidWestOne<\/i> Financial Group, Inc.<\/b><\/p>\n

GREEN BAY, Wis.–(BUSINESS WIRE<\/a>)–
\nNicolet Bankshares, Inc. (NYSE: NIC) (\u201cNicolet\u201d) completed its merger with MidWestOne<\/i> Financial Group, Inc., (\u201cMidWestOne<\/i>\u201d), as a result of which, MidWestOne<\/i> merged with and into Nicolet, with Nicolet being the surviving corporation. MidWestOne<\/i> Bank will operate as a division of Nicolet National Bank until the planned system conversion in August 2026. At that time, all 50+ MidWestOne<\/i> locations will transition to the Nicolet brand and digital banking platform, expanding Nicolet\u2019s presence in Iowa, the Twin Cities, Western Wisconsin, and Denver.<\/p>\n

This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260217276649\/en\/<\/a><\/p>\n

\nBased on initial financial data, the addition of MidWestOne<\/i> added approximately $6 billion in assets to increase Nicolet\u2019s total assets to approximately $15 billion. Total loans of the combined company will increase to approximately $11 billion and total deposits will increase to approximately $13 billion.<\/p>\n

\nMike Daniels, Chairman, President, and CEO of Nicolet, said, \u201cThe completion of this merger represents an important milestone in Nicolet\u2019s disciplined growth strategy. MidWestOne<\/i> is a strong cultural and strategic fit, and this combination enhances our ability to serve customers across our expanded footprint while maintaining the local decision making that defines our model of shared success.\u201d<\/p>\n

\nFollowing the closing, four members of MidWestOne\u2019<\/i>s former Board of Directors (Tracy McCormick, Carl Chaney, Janet Godwin, and Matthew Hayek) will join eight existing members of Nicolet\u2019s and Nicolet National Bank\u2019s Board of Directors (Mr. Daniels, Robert Atwell, John Dykema, Donald Long, Jr., Pierce Smith, Susan Merkatoris, Glen Tellock, and Robert Weyers).<\/p>\n

ABOUT NICOLET BANKSHARES, INC. <\/b>Nicolet Bankshares, Inc. is a bank holding company of Nicolet National Bank, a growing, full-service, community bank providing services ranging from commercial, agricultural and consumer banking to wealth management and retirement plan services. Founded in Green Bay in 2000, Nicolet National Bank operates branches primarily in Wisconsin, Michigan, Minnesota, and Iowa. More information can be found at www.nicoletbank.com<\/a>.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260217276649\/en\/<\/a><\/span><\/p>\n

Investor Relations & Media Contacts:
\n<\/b>
Nicolet:
\n
Mike Daniels, Chairman, President & CEO
\n
Jeff Gahnz, SVP-Marketing & Public Relations
\n
Phone: 920.430.1400
\n
Email: mdaniels@nicoletbank.com
\n<\/a>
Email: jgahnz@nicoletbank.com<\/a><\/p>\n

KEYWORDS:<\/b> Wisconsin Colorado Minnesota Iowa United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n\n\n\n
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Nicolet Bankshares, Inc. Completes Merger with MidWestOne Financial Group, Inc. GREEN BAY, Wis.–(BUSINESS WIRE)– Nicolet Bankshares, Inc. (NYSE: NIC) (\u201cNicolet\u201d) completed its merger with MidWestOne Financial Group, Inc., (\u201cMidWestOne\u201d), as a result of which, MidWestOne merged with and into Nicolet, with Nicolet being the surviving corporation. MidWestOne Bank will operate as a division of Nicolet National Bank until the planned system conversion in August 2026. At that time, all 50+ MidWestOne locations will transition to the Nicolet brand and digital banking platform, expanding Nicolet\u2019s presence in Iowa, the Twin Cities, Western Wisconsin, and Denver. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260217276649\/en\/ Based on initial financial data, the addition of MidWestOne added approximately $6 billion in assets … <\/p>\n

Continue reading “Nicolet Bankshares, Inc. Completes Merger with MidWestOne Financial Group, Inc.”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-937501","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nNicolet Bankshares, Inc. Completes Merger with MidWestOne Financial Group, Inc. - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nicolet-bankshares-inc-completes-merger-with-midwestone-financial-group-inc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nicolet Bankshares, Inc. 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