Nicolet National Bank: Regulatory Capital and Risk-Weighted Assets
As of 2Q26, from Call Report Schedule RC-R.
Capital conservation buffer: 4.20% (2Q26), against the 2.50% a bank must hold above each risk-based minimum to pay dividends and discretionary bonuses without limits. The buffer is the smallest of the three cushions over the minimums; here the binding ratio is Total capital. The bank clears the requirement. Filed figure: 4.20% (RCOAH311).
What each ratio is made of, 2Q26
Open a ratio to see its numerator and denominator as filed, our recomputation, and how far it sits above each regulatory line.
Common equity Tier 1 ratio 11.08% +4.58 pp over well capitalized
Common equity Tier 1 is the loss-absorbing core: common stock, retained earnings and most of accumulated other comprehensive income, less goodwill, intangibles and other deductions. It is measured against risk-weighted assets.
| Common equity Tier 1 capital | $1.41B | 1,405,023 | RCOAP859 |
|---|---|---|---|
| Divided by total risk-weighted assets | $12.68B | 12,684,469 | RCOAA223 |
| Recomputed ratio | 11.08% | numerator / denominator | |
| Filed ratio | 11.08% | RCOAP793 | |
| Regulatory minimum | 4.50% | ||
| Minimum plus conservation buffer | 7.00% | ||
| Well-capitalized level | 6.50% | ||
| Cushion over that level | +4.58 pp | $580.5M | capital that could be lost first |
Tier 1 risk-based capital ratio 11.08% +3.08 pp over well capitalized
Tier 1 adds additional Tier 1 instruments, such as qualifying noncumulative perpetual preferred stock, to common equity Tier 1. Measured against risk-weighted assets.
| Tier 1 capital | $1.41B | 1,405,023 | RCOA8274 |
|---|---|---|---|
| Divided by total risk-weighted assets | $12.68B | 12,684,469 | RCOAA223 |
| Recomputed ratio | 11.08% | numerator / denominator | |
| Filed ratio | 11.08% | RCOA7206 | |
| Regulatory minimum | 6.00% | ||
| Minimum plus conservation buffer | 8.50% | ||
| Well-capitalized level | 8.00% | ||
| Cushion over that level | +3.08 pp | $390.3M | capital that could be lost first |
Total risk-based capital ratio 12.20% +2.20 pp over well capitalized
Total capital adds Tier 2, mostly qualifying subordinated debt and the allowance for credit losses up to 1.25% of risk-weighted assets, to Tier 1. Measured against risk-weighted assets.
| Total capital | $1.55B | 1,547,007 | RCOA3792 |
|---|---|---|---|
| Divided by total risk-weighted assets | $12.68B | 12,684,469 | RCOAA223 |
| Recomputed ratio | 12.20% | numerator / denominator | |
| Filed ratio | 12.20% | RCOA7205 | |
| Regulatory minimum | 8.00% | ||
| Minimum plus conservation buffer | 10.50% | ||
| Well-capitalized level | 10.00% | ||
| Cushion over that level | +2.20 pp | $278.6M | capital that could be lost first |
Tier 1 leverage ratio 9.64% +4.64 pp over well capitalized
Tier 1 capital over average total assets for the quarter, with no risk weighting. It caps how far a bank can grow on low-risk-weight assets.
| Tier 1 capital | $1.41B | 1,405,023 | RCOA8274 |
|---|---|---|---|
| Divided by average total assets for the leverage ratio | $14.57B | 14,573,372 | RCOAA224 |
| Recomputed ratio | 9.64% | numerator / denominator | |
| Filed ratio | 9.64% | RCOA7204 | |
| Regulatory minimum | 4.00% | ||
| Well-capitalized level | 5.00% | ||
| Cushion over that level | +4.64 pp | $676.4M | capital that could be lost first |
Amounts in the middle column are thousands of dollars as filed. Ratios are the standardized column of Schedule RC-R Part I.
The capital stack, $ thousands
From common equity to total capital, then the denominators the ratios divide by. Negatives in parentheses.
| Line | 2Q26 | 1Q26 | 4Q25 | 3Q25 | 2Q25 | 1Q25 | Source |
|---|---|---|---|---|---|---|---|
| Common stock plus related surplus, net of treasury stock | 2,237,200 | 2,233,644 | 1,120,113 | 1,118,029 | 1,116,316 | 1,114,173 | RCOAP742 |
| Retained earnings | 102,163 | 112,979 | 94,047 | 93,797 | 93,247 | 97,408 | RCOAKW00 |
| Accumulated other comprehensive income | (36,995) | (39,427) | (23,542) | (29,255) | (36,919) | (41,292) | RCOAB530 |
| Common equity Tier 1 minority interest | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP839 |
| Common equity Tier 1 capital before adjustments and deductions | 2,302,368 | 2,307,196 | 1,190,618 | 1,182,571 | 1,172,644 | 1,170,289 | RCOAP840 |
| Adjustments and deductions from common equity Tier 1 | (897,345) | (899,745) | (354,698) | (349,924) | (343,287) | (339,989) | P859 - P840 |
| Common equity Tier 1 capital | 1,405,023 | 1,407,451 | 835,920 | 832,647 | 829,357 | 830,300 | RCOAP859 |
| Additional Tier 1 capital | 0 | 0 | 0 | 0 | 0 | 0 | RCOAP865 |
| Tier 1 capital | 1,405,023 | 1,407,451 | 835,920 | 832,647 | 829,357 | 830,300 | RCOA8274 |
| Tier 2 capital | 141,984 | 141,135 | 71,806 | 71,585 | 71,208 | 70,530 | RCOA5311 |
| Allowance includable in Tier 2 capital | 141,984 | 141,135 | 71,806 | 71,585 | 71,208 | 70,530 | RCOA5310 |
| Total capital | 1,547,007 | 1,548,586 | 907,726 | 904,232 | 900,565 | 900,830 | RCOA3792 |
| Total risk-weighted assets | 12,684,469 | 12,678,682 | 7,491,237 | 7,486,668 | 7,475,547 | 7,357,014 | RCOAA223 |
| Average total assets for the leverage ratio | 14,573,372 | 11,288,359 | 8,809,762 | 8,641,767 | 8,572,568 | 8,516,970 | RCOAA224 |
Risk-weighted assets by exposure category, 2Q26
Each category's exposure is filed across the risk-weight columns of Schedule RC-R Part II; its risk-weighted assets are each allocation times its weight. The average risk weight says how much capital a dollar of that exposure consumes.
| Category | Exposure | Risk-weighted | Avg weight | Share of RWA | Source |
|---|---|---|---|---|---|
| Cash and balances due | $467.6M | $28.4M | 6.08% | 0.22% | RC-R Part II, item 1 |
| Securities (HTM and AFS) | $2.07B | $543.7M | 26.33% | 4.29% | RC-R Part II, item 2.a, 2.b |
| Loans: residential mortgage | $2.16B | $1.32B | 61.10% | 10.40% | RC-R Part II, item 4.a, 5.a |
| Loans: high-volatility commercial real estate | $26.0M | $39.0M | 150.00% | 0.31% | RC-R Part II, item 4.b, 5.b |
| Loans: past due and nonaccrual | $59.3M | $88.9M | 150.00% | 0.70% | RC-R Part II, item 4.c, 5.c |
| Loans: all other | $9.02B | $8.84B | 98.00% | 69.72% | RC-R Part II, item 4.d, 5.d |
| All other assets | $781.2M | $739.6M | 94.67% | 5.83% | RC-R Part II, item 8 |
| Securitization exposures at 1250% | $12.7M | $158.8M | 1250.00% | 1.25% | RC-R Part II, item 9, 10 |
| Off-balance-sheet commitments and letters of credit | $879.2M | $878.3M | 99.90% | 6.92% | RC-R Part II, item 12, 13, 14, 15, 17, 18.a, 18.b |
| Derivatives (over the counter and centrally cleared) | $30.7M | $30.7M | 100.00% | 0.24% | RC-R Part II, item 20, 21 |
| Market risk and other approaches | NA | $14.2M | NA | 0.11% | RC-R Part II, item 27 |
How the categories add up to total risk-weighted assets
| Categories above, excluding market risk and other approaches | $12.67B | ties to item 31 ($12.67B) |
|---|---|---|
| Risk-weighted assets before deductions | $12.68B | RCONB704 |
| Less: excess allowance for credit losses | $0 | A222 |
| Less: allocated transfer risk reserve | $0 | 3128 |
| Total risk-weighted assets | $12.68B | RCONG641, ties |
12 quarters against the asset-tier median
| Quarter | Framework | CET1 | Tier 1 | Total capital | Leverage | Tier median CET1 | Tier median Tier 1 | Tier median Total capital | Tier median Leverage |
|---|---|---|---|---|---|---|---|---|---|
| 2Q26 | Risk-based | 11.08% | 11.08% | 12.20% | 9.64% | 12.98% | 12.99% | 14.14% | 10.25% |
| 1Q26 | Risk-based | 11.10% | 11.10% | 12.21% | 12.47% | 13.06% | 13.07% | 14.31% | 10.26% |
| 4Q25 | Risk-based | 11.16% | 11.16% | 12.12% | 9.49% | 13.15% | 13.20% | 14.60% | 10.03% |
| 3Q25 | Risk-based | 11.12% | 11.12% | 12.08% | 9.64% | 13.29% | 13.29% | 14.49% | 10.31% |
| 2Q25 | Risk-based | 11.09% | 11.09% | 12.05% | 9.67% | 13.11% | 13.11% | 14.41% | 10.16% |
| 1Q25 | Risk-based | 11.29% | 11.29% | 12.24% | 9.75% | 13.16% | 13.16% | 14.34% | 10.10% |
| 4Q24 | Risk-based | 10.79% | 10.79% | 11.67% | 9.53% | 13.15% | 13.15% | 14.49% | 10.29% |
| 3Q24 | Risk-based | 10.71% | 10.71% | 11.58% | 9.58% | 13.25% | 13.25% | 14.44% | 10.08% |
| 2Q24 | Risk-based | 10.74% | 10.74% | 11.62% | 9.65% | 13.08% | 13.08% | 14.24% | 10.10% |
| 1Q24 | Risk-based | 11.08% | 11.08% | 11.96% | 9.87% | 12.76% | 12.76% | 13.98% | 9.86% |
| 4Q23 | Risk-based | 10.73% | 10.73% | 11.55% | 9.44% | 12.58% | 12.58% | 13.79% | 9.79% |
| 3Q23 | Risk-based | 11.39% | 11.39% | 12.21% | 9.89% | 12.66% | 12.67% | 13.78% | 9.78% |
NA means not filed for that quarter: a community bank leverage ratio filer files no risk-based ratios. Tier medians are the served benchmark for banks in the same asset tier.
Against similar banks, 2Q26
| Bank | Assets | Framework | CET1 | Tier 1 | Total capital | Leverage |
|---|---|---|---|---|---|---|
| Nicolet National Bank (this bank) | Risk-based | 11.08% | 11.08% | 12.20% | 9.64% | |
| First Financial Bank | $15.23B | Risk-based | 18.36% | 18.36% | 19.59% | 11.61% |
| Bell Bank | $15.18B | Risk-based | 11.33% | 11.33% | 12.42% | 9.98% |
| Sunflower Bank, N.A. | $15.65B | Risk-based | 12.98% | 12.98% | 13.69% | 10.27% |
| Safra National Bank of New York | $15.69B | Risk-based | 23.40% | 23.40% | 24.08% | 8.56% |
| Dime Commercial Bank | $15.03B | Risk-based | 14.76% | 14.76% | 15.77% | 10.67% |
| Popular Bank | $15.03B | Risk-based | 14.32% | 14.32% | 15.14% | 11.80% |
| Live Oak Banking Company | $15.96B | Risk-based | 10.46% | 10.46% | 11.72% | 7.99% |
| Bank of America California, N.A. | $14.81B | Risk-based | 39.00% | 39.00% | 39.28% | 12.41% |
| NBT Bank, N.A. | $16.09B | Risk-based | 11.80% | 11.80% | 12.89% | 9.49% |
| Stifel Bank | $14.62B | Risk-based | 10.65% | 10.65% | 11.24% | 7.06% |
| Peer 25th percentile | 11.45% | 11.45% | 12.54% | 8.79% | ||
| Peer median | 13.65% | 13.65% | 14.41% | 10.13% | ||
| Peer 75th percentile | 17.46% | 17.46% | 18.63% | 11.37% | ||
| This bank's percentile | 20 | 20 | 20 | 40 |
Peer ratios use the same basis as this bank: the standardized column of Schedule RC-R where served, the filed summary otherwise. Similar banks are the nearest banks by size in the same asset tier.
Source: FFIEC Call Report Schedule RC-R, Parts I and II, as filed. Well capitalized means at least 6.5% CET1, 8% Tier 1, 10% total capital and 5% leverage under the prompt corrective action rules; a community bank leverage ratio filer must instead hold the leverage ratio its framework requires. The same figures are in the API at /api/v1/banks/2941068/regulatory-capital/ and in the Excel workbook. Next: the capital tab, the peer group page, or the full profile.