Company: ASB
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000007789-25-000116
Chunk: 71

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 1
Chunk 71
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 and maturities of other assets7,813 1,700 Sale of mortgage portfolio564,375 — Premises, equipment, and software(18,046)(20,016)Net change in tax credit and alternative investments(14,903)(3,667)Net cash used in investing activities(764,621)(655,093)Cash flows from financing activitiesNet decrease in deposits(500,869)(755,009)Net (decrease) increase in short-term funding(394,784)532,759 Net increase in short-term FHLB advances2,220,000 735,000 Repayment of long-term FHLB advances(400,065)(696)Proceeds from long-term FHLB advances200,000 2,656 Repayment of finance lease principal(45)(44)Repayment of long-term funding(250,000)— Proceeds from issuance of common stock for stock-based compensation plans2,286 4,436 Purchase of treasury stock, open market purchases(22,292)(18,289)Purchase of treasury stock, stock-based compensation plans(5,910)(5,660)Cash dividends on common stock(77,036)(67,034)Cash dividends on preferred stock(5,750)(5,750)Payments for other financing activities(52)— Net cash provided by financing activities765,485 422,369 Net increase in cash and cash equivalents240,501 35,272 Cash and cash equivalents at beginning of period1,019,604 923,823 Cash and cash equivalents at end of period(a)$1,260,105 $959,094 

Numbers may not recalculate due to rounding conventions. 

(a) No restricted cash due to the Federal Reserve reducing the required reserve ratio to zero.

10

ASSOCIATED BANC-CORP

Consolidated Statements of Cash Flows (Unaudited)Six Months Ended Jun 30, (in thousands)20252024Supplemental disclosures of cash flow informationCash paid for interest$488,277 $525,006 Cash (received) paid for income and franchise taxes(13,942)3,413 Loans and bank premises transferred to OREO22,038 1,340 Capitalized mortgage servicing rights3,256 2,490 Loans transferred from held for sale into portfolio, net(43,020)(84,559)Fair value adjustments on hedged long