Earnings per Common Share (Tables)

6 Months Ended

Jun. 30, 2020

Schedule of basic and diluted earnings per common share

Presented below are the calculations for basic and diluted earnings per common share.


	Three Months Ended June 30,						Six Months Ended June 30,
(In thousands, except per share data)	2020		2019		2020		2019
Net income attributable to Nicolet Bankshares, Inc.	$	13,478	$	18,549	$	24,033	$	28,816
Weighted average common shares outstanding	10,417		9,374		10,467		9,418
Effect of dilutive common stock awards	103		318		192		293
Diluted weighted average common shares outstanding	10,520		9,692		10,659		9,711
Basic earnings per common share*	$	1.29	$	1.98	$	2.30	$	3.06
Diluted earnings per common share*	$	1.28	$	1.91	$	2.25	$	2.97

*Cumulative quarterly per share performance may not equal annual per share totals due to the effects of the amount and timing of capital increases. When computing earnings per share for an interim period, the denominator is based on the weighted average shares outstanding during the interim period, and not on an annualized weighted average basis. Accordingly, the sum of the earnings per share data for the quarters will not necessarily equal the year to date earnings per share data.