FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
Anderson Marcia M
(Last) (First) (Middle)
C/O NICOLET NATIONAL BANK
111 N. WASHINGTON STREET
(Street)
GREEN BAY WI 54301
(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
05/09/2022 		3. Issuer Name and Ticker or Trading Symbol
NICOLET BANKSHARES INC [ NCBS ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
/s/ H. Phillip Moore, Jr., as attorney-in-fact for Marcia M. Anderson 05/17/2022
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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POWER OF ATTORNEY (PUBLIC): ANDERSON POA 
LIMTED POWER OF ATTORNEY

	KNOW ALL MEN BY THESE PRESENTS, that the undersigned
has constituted, made and appointed, and by these presents does make,
constitute and appoint, H. Phillip Moore, Jr., Marc T. Lambrecht and Michael E.
Daniels or any of them, or any replacement or designee thereof, the
undersigned's true and lawful Attorneys-in-Fact, who may do for the
undersigned and on the undersigned's behalf all of the following:

				1.

	To execute and deliver any filings made with respect to the
undersigned under Sections 13 and 16 of the Securities Exchange Act of
1934, as amended, as filed relating to the securities of Nicolet Bankshares,
Inc., a Wisconsin corporation.

				2.

	To do, execute and perform any other act, matter or thing
whatsoever that in the opinion of any of the Attorneys-in-Fact ought to be
done, executed or performed in the performance of the foregoing powers
set forth in paragraph 1 hereof.

				3.

	All parties dealing with any of the undersigned's Attorneys-in-Fact
in connection with said powers under paragraph 1 may rely fully upon their
power and authority herein, to act for the undersigned and on his or her behalf
and in his or her name, and such parties shall be fully protected in so acting,
prior to their receipt of notice of any termination hereof by operation of law
or otherwise and to such effect the undersigned is hereby bound.

	The undersigned has ratified and confirmed, and by these presents
does hereby ratify and confirm all that the Attorneys-in-Fact appointed hereby
may lawfully do by virtue hereof.

	IN WITNESS WHEREOF, the undersigned has granted this
Limited Power of Attorney.


Signature:	/s/ Marcia M. Anderson
Name:		Marcia M. Anderson
Date:		4/20/2022