Green Bay, Wis.-based Nicolet National Bank is selling its branches in Denver to Sunwest Bank, Sandy, Utah. .The all-cash deal includes Nicolet’s three Denver branches, which the $15.57 billion bank secured through its acquisition of Iowa City, Iowa-based MidWestOne Bank. The branches have $390 million in loans and $380 million in deposits. Inverness, Ill.-based Hovde Group was financial advisor to Nicolet, while Nelson Mullins & Scarborough LLP, Columbia, S.C., provided legal counsel.
