For the quarter ending 2026-03-31, NIC had -$44,781K decrease in cash & cash equivalents over the period. $16,085K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income | 15,196 | 40,324 | 41,735 | 68,627 |
| Depreciation, amortization, and accretion | 2,224 | 4,007 | 3,596 | 7,385 |
| Provision for credit losses | - | 4,250 | - | - |
| Provision for deferred taxes | - | -4,641 | - | - |
| Provision for credit losses | 2,550 | - | 950 | 2,550 |
| Increase in cash surrender value of life insurance | 1,891 | 1,511 | 1,654 | 2,849 |
| Stock-based compensation expense | 6,804 | 2,062 | 1,691 | 3,587 |
| Asset (gains) losses, net | -867 | 422 | 1,294 | -553 |
| Gain on sale of loans held for sale, net | 2,948 | 3,535 | 3,509 | 3,482 |
| Proceeds from sale of loans held for sale | 100,974 | 98,609 | 99,376 | 106,410 |
| Origination of loans held for sale | 100,906 | 98,931 | 98,227 | 106,465 |
| Net change in accrued interest receivable and other assets | 1,151 | 2,941 | 510 | 1,744 |
| Net change in accrued interest payable and other liabilities | 8,945 | 6,791 | -3,707 | -6,122 |
| Proceeds from calls, paydowns, and maturities of securities htm | - | 0 | - | - |
| Net cash provided by (used in) operating activities | 16,274 | 26,980 | 45,861 | 80,694 |
| Net (increase) decrease in loans | 43,774 | -38,772 | 34,769 | 210,716 |
| Purchases of securities afs | 323,398 | 28,357 | 43,317 | 68,718 |
| Proceeds from sales of securities afs | 233,529 | 1,525 | 8,175 | 1,250 |
| Proceeds from sales of securities htm | - | 0 | - | - |
| Proceeds from calls and maturities of securities afs | 55,437 | 35,787 | 32,615 | 38,761 |
| Purchases of other investments | 20,930 | 1,691 | 995 | 2,239 |
| Proceeds from sales of other investments | 169 | 35 | 47 | 4,448 |
| Purchases of premises and equipment | - | 4,092 | - | - |
| Proceeds from sales of premises and equipment | - | 2,324 | - | - |
| Net (increase) decrease in other real estate | - | -406 | - | - |
| Purchase of boli | - | 0 | 0 | - |
| Net (increase) decrease in premises and equipment | 189 | - | -4 | 1,007 |
| Net (increase) decrease in other real estate and other assets | -20 | - | -134 | -192 |
| Proceeds from redemption of boli | - | 0 | - | - |
| Net cash (paid) received in business combination | -165,640 | - | - | - |
| Net cash provided by (used in) investing activities | 65,827 | 45,386 | -38,106 | -238,029 |
| Net increase (decrease) in deposits | -41,479 | 119,306 | 69,792 | 137,989 |
| Net increase (decrease) in short-term borrowings | - | 0 | - | - |
| Repayments of long-term borrowings | 48,214 | 0 | 0 | 27,400 |
| Purchase and retirement of common stock | 22,401 | 0 | 20,525 | 56,036 |
| Proceeds from issuance of common stock in stock-based compensation plans | - | 715 | 2,999 | 5,846 |
| Cash dividends paid on common stock | 6,896 | 4,777 | 4,726 | 9,156 |
| Proceeds from issuance of common stock | 30 | 22 | 23 | 56 |
| Proceeds from issuance of common stock in stock-based compensation plans | 7,210 | - | - | - |
| Purchases of common stock in stock-based compensation plans | 15,132 | 1,357 | 3,999 | 7,373 |
| Net cash provided by (used in) financing activities | -126,882 | 113,909 | 43,564 | 43,926 |
| Net increase (decrease) in cash and cash equivalents | -44,781 | 186,275 | 51,319 | -113,409 |
| Beginning | 660,232 | 62,090 | 536,047 | - |
| Ending | 615,451 | 186,275 | 473,957 | - |
NICOLET BANKSHARES INC (NIC)
NICOLET BANKSHARES INC (NIC)