Nicolet Bankshares Acquires Commerce Financial Holdings (Commerce State Bank)

Nicolet Bankshares Acquires Mackinac Financial Corporation (mBank)

April 12, 2021

Financial Services

Nicolet Bankshares, Inc. agreed to acquire Mackinac Financial Corporation and its wholly owned subsidiary mBank in a transaction valued at approximately $248 million. The deal, consisting of roughly 80% stock and 20% cash, expands Nicolet's community banking footprint into Northern Michigan and is expected to close in Q3 2021 subject to regulatory and shareholder approvals.

Nicolet Bankshares Acquires MidWestOne Financial Group

February 17, 2026

Financial Services

Nicolet Bankshares, Inc. completed its merger with MidWestOne Financial Group, Inc., with MidWestOne merged into Nicolet and operating as a division of Nicolet National Bank until a planned system conversion in August 2026. The deal adds roughly $6 billion in assets, bringing Nicolet's pro forma assets to approximately $15 billion and expands Nicolet’s branch footprint across Iowa, the Twin Cities, Western Wisconsin, and Denver.

Nicolet Bankshares Acquires Advantage Community Bancshares

March 2, 2020

Financial Services

Nicolet Bankshares, Inc. (NASDAQ: NCBS) agreed to acquire Advantage Community Bancshares, Inc. and its banking subsidiary, Advantage Community Bank, in an all-cash transaction. The deal, which consolidates Nicolet’s presence in Central Wisconsin and expands its small-business and commercial banking footprint, was approved by both boards and expected to close in Q3 2020 subject to shareholder and customary approvals.

City Holding Company Acquires Citizens Commerce Bancshares

March 10, 2023

Financial Services

City Holding Company (Nasdaq: CHCO) completed its acquisition of Citizens Commerce Bancshares, Inc., the parent of Citizens Commerce Bank of Versailles, Kentucky, effective March 10, 2023. The all-stock transaction was valued at approximately $62.1 million (exchange ratio: 0.1666 shares of City per share of Citizens) and merges Citizens Commerce Bank into City National Bank of West Virginia to strengthen City's presence in the Lexington, Kentucky MSA.

Commerce Bancshares Acquires FineMark Holdings

January 1, 2026

Financial Services

Commerce Bancshares, Inc. (Commerce) has completed its acquisition of FineMark Holdings, Inc., the parent of FineMark National Bank & Trust. FineMark will operate as FineMark Bank & Trust, a division of Commerce Bank, expanding Commerce’s private banking and wealth management capabilities and adding locations in Florida, Arizona and South Carolina.

Republic Bancorp Acquires CBank (and subsidiary Commercial Industrial Finance)

October 27, 2022

Financial Services

Republic Bancorp, Inc. agreed to acquire Cincinnati-based CBank and its wholly owned leasing subsidiary, Commercial Industrial Finance, Inc. (CIF), in an all-cash merger valued at approximately $51 million. The deal expands Republic Bank's Cincinnati footprint and significantly broadens its equipment leasing capabilities and national leasing footprint; the transaction closed after customary approvals and integration planning.