Nicolet Bankshares Inc.

NASDAQ:NCBS   3:59:51 PM EDT
73.11
+0.78 (+1.08%)
Mergers / Acquisitions

Nicolet Bankshares, Inc. To Acquire County Bancorp, Inc.

Published: 06/22/2021 15:07 GMT
Nicolet Bankshares Inc. (NCBS) - Nicolet Bankshares, Inc. to Acquire County Bancorp, Inc.county Bancorp Inc - Combined Company Will Have Pro Forma Total Assets of $7.5 Billion.
County Bancorp Inc - Combined Company Will Have Pro Forma Total Assets of $7.5 Billion, Deposits of $6.3 Billion, and Loans of $4.9 Billion.
County Bancorp - County Shareholder Elections Will Be Prorated to Ensure Consideration Will Consist of About 20% Cash and About 80% Nicolet Stock.
County Bancorp Inc - Nicolet Will Appoint a Member of County's Current Board of Directors to Boards of Directors of Nicolet.
County Bancorp Inc - County Shareholders Have Right to Receive for Each Share Either Cash of $37.18/share of Co Or 0.48 Shares of Nicolet.
County Bancorp Inc - Merger Consideration is Valued at About $219 Million.
County Bancorp Inc - First Full Year Earnings (2022) per Share Accretion is Estimated in Mid-single Digits.
County Bancorp Inc - Tangible Book Value per Share Dilution of 1.2% is Expected to Be Earned Back in Approximately 1.4 Years.