Category Archives: Bob and Mike’s Blog

Why Bank Loans Are Down

The FDIC third quarter data shows bank loans down three percent nationwide. This has touched off another round of discussion about why banks aren’t lending. There are three important points to grasp. 1. Bank loans are down because they should be down. The vast majority of our loans are to healthy well-managed businesses. With few […]

The Fatal Mistake

One of our cultural mantras at Nicolet is that you don’t get fired for making mistakes, you do get fired for burying them. In good times even our bad decisions tend to turn out okay. Most of the time, a bad decision is one you merely have to undo. As country music legend Jerry Jeff Walker […]

Real Time Customer Data

I was heartened to see that our Business Pulse participants are feeling more optimistic about 2010.  Sentiment about the future is a very important determinant of the future.  We do see the monthly financial statements of hundreds of businesses in the area.  There is no apparent upward trend.  What I see is about 15% of […]

Banks and Economic Recovery

This is the time of year when most businesses plan for the next calendar year. We just completed a half day board retreat. I will offer you a peek inside our heads in the event it aids your thinking for 2010. In recent weeks we are hearing a fair amount of commentary about the recovery […]

I Agree with Elizabeth Warren?!?!

 If you don’t know, Elizabeth Warren chairs the Congressional Oversight Panel (COP) for the Troubled Asset Relief Program (TARP).  She’s been in the news a lot recently for her comments and opinions on the TARP program, many of them, not very flattering to banking executives.  So why would I agree with her?   If you […]

Tax the Toobtofs

AIG headlines have overshadowed the important policy discussion about systemic risk created by the “too big to fail” (toobtof) institutions. The best way to manage systemic risk is to minimize it. The most effective way to minimize systemic risk is to tax the Toobtofs who create it. This is a market-based approach which should appeal […]

All I Really Need to Know About Economics I Learned From my Grandparents

The crisis in the financial markets and the federal response to it has created a renewed interest in economics. We are hearing about Keynes, the Austrian school and various other dead academicians. The ghost of Malthus was even spotted advising Nancy Pelosi to include contraception funding in the stimulus package (where is Saturday Night Live […]

Shovel Ready – Subprime II

The meltdown of financial markets has put us in a deep hole. The “stimulus package” will bury us. This crisis was caused by too much private debt. How can we imagine that public sector debt is the solution? We are literally burdening our children with financial and moral bankruptcy. The antidote for private sector corruption […]

Telling The Truth Slowly

Last weekend I watched portions of Treasury Secretary Timothy Geithner’s testimony to the banking committee followed by portions of the big bank CEOs’ testimony. There were moments in both where I wanted to scream, “why can’t you guys just tell the truth?” I do not mean that any of them perjured themselves in a legal sense. I mean […]

Nicolet Bank and TARP: Why Did We Take The Funds?

So if Nicolet is not broke, why did we take the TARP funds? We took the TARP funds for two reasons. The first is that we believe in the intent of the program as it was expressed to us. With the exception of the Toobtofs, the program is intended to infuse capital into strong banks because […]

Fraud

Scam Alert: MyFitnessPal health and fitness tracking app users are now phishing targets

Tuesday, April 10, 2018

The scam making news this week is a data breach with Under Armour’s health- and fitness-tracking app, MyFitnessPal.  A database with 150 million user names and passwords of the super popular MyFitnessPal app has been hacked. Cyber criminals use this to scare you into clicking on phishing emails and infect your computer with malware or manipulate [...]

Mortgage

Pre-Approval for Home Loans Helps Buyers Strengthen Their Offer

Tuesday, February 20, 2018

Nicolet Bank Provides Home Loans for Home Purchases and Remodeling The tight housing market in most parts of Wisconsin has created a situation in which the buyer who can move the quickest may end up with the prize. Pre-approval for home loans through Nicolet National Bank is an effective way to position yourself for fast [...]

More

Business Pulse - Cybersecurity has emerged as a major issue for CEOs

Monday, July 27, 2015

CEOs Express Concern about the Cybersecurity of their Business. Read the full report here. Business Pulse – JUNE 2015 EXECUTIVE SUMMARY CYBERSECURITY  

Nicolet Bankshares, Inc. 2nd Quarter 2015 Earnings Release

Tuesday, July 21, 2015

Nicolet Bankshares, Inc. (OTCQB: NCBS) earnings release for 2nd quarter 2015. 2Q15 Earnings Release

How to Ensure a Good Credit Score

Wednesday, July 8, 2015

First, let’s understand how your credit score is determined. Your credit score is broken down into five categories weighted accordingly: Payment history = 35% Total amount owed = 30% Length of credit history = 15% New credit = 10% Type of credit in use = 10% MAKE YOUR PAYMENTS ON TIME. This is the most [...]

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