Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Sep. 30, 2025	Sep. 30, 2024	Sep. 30, 2025	Sep. 30, 2024
Interest income:
Loans, including loan fees	$ 107,930	$ 100,824	$ 314,572	$ 292,447
Investment securities:
Taxable	6,201	5,211	17,788	14,824
Tax-exempt	998	1,095	3,064	3,485
Other interest income	5,204	5,492	15,288	14,775
Total interest income	120,333	112,622	350,712	325,531
Interest expense:
Deposits	39,312	42,060	119,249	122,436
Short-term borrowings	0	2	0	2
Long-term borrowings	1,757	2,194	5,884	6,578
Total interest expense	41,069	44,256	125,133	129,016
Net interest income	79,264	68,366	225,579	196,515
Provision for credit losses	950	750	3,500	2,850
Net interest income after provision for credit losses	78,314	67,616	222,079	193,665
Noninterest income:
Mortgage income, net	3,568	2,853	8,401	6,851
BOLI income	1,654	1,455	4,503	4,027
Deferred compensation plan asset market valuations	972	1,162	2,454	1,390
LSR income, net	668	1,090	2,675	3,341
Asset gains (losses), net	1,294	1,177	741	3,702
Other noninterest income	2,082	2,079	5,511	6,427
Total noninterest income	23,619	22,378	62,475	61,409
Noninterest expense:
Personnel	29,437	28,937	85,072	81,732
Occupancy, equipment and office	9,028	8,826	27,462	26,451
Business development and marketing	2,223	1,823	5,916	6,005
Data processing	4,671	4,535	13,878	13,086
Intangibles amortization	1,414	1,694	4,447	5,289
FDIC assessments	1,005	990	2,974	3,013
Other noninterest expense	2,310	2,343	8,045	7,572
Total noninterest expense	50,088	49,148	147,794	143,148
Income before income tax expense	51,845	40,846	136,760	111,926
Income tax expense	10,110	8,330	26,398	22,347
Net income	$ 41,735	$ 32,516	$ 110,362	$ 89,579
Earnings per common share:
Basic (in dollars per share)	$ 2.81	$ 2.16	$ 7.34	$ 5.99
Diluted (in dollars per share)	$ 2.73	$ 2.10	$ 7.14	$ 5.84
Weighted average common shares outstanding:
Basic (in shares)	14,835,670	15,052,524	15,038,854	14,965,982
Diluted (in shares)	15,303,440	15,479,395	15,462,990	15,329,687
Wealth management fee income
Noninterest income:
Fees and commissions	$ 7,629	$ 7,085	$ 21,415	$ 20,244
Service charges on deposit accounts
Noninterest income:
Fees and commissions	2,000	1,913	5,987	5,307
Card interchange income
Noninterest income:
Fees and commissions	$ 3,752	$ 3,564	$ 10,788	$ 10,120

NICOLET BANKSHARES INC 10-Q