Company: ASB
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000007789-25-000049
Chunk: 252

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-04-29
Form: 10-Q
Item: Part I, Item 8
Chunk 252
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,537)Total consumer(3,109)(3,202)(2,431)(2,947)(3,482)Total net charge offs$(8,698)$(12,220)$(13,078)$(21,163)$(22,088)RatiosAllowance for credit losses on loans to total loans1.34 %1.35 %1.33 %1.32 %1.31 %Allowance for credit losses on loans to net charge offs (annualized)11.5x8.3x7.6x4.6x4.4xLoan evaluation method for ACLLIndividually evaluated for impairment$6,092 $5,689 $7,498 $16,882 $25,335 Collectively evaluated for impairment400,532 396,632 390,043 372,738 362,447      Total ACLL$406,624 $402,322 $397,541 $389,620 $387,782 Loan balanceIndividually evaluated for impairment$46,065 $37,172 $41,938 $70,763 $92,960 Collectively evaluated for impairment30,248,062 29,731,414 29,948,958 29,547,508 29,401,303      Total loan balance$30,294,127 $29,768,586 $29,990,897 $29,618,271 $29,494,263 

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Table 12 Annualized Net (Charge Offs) Recoveries(a)Quarter Ended(In basis points)Mar 31,2025Dec 31,2024Sep 30,2024Jun 30,2024Mar 31,2024Net loan (charge offs) recoveriesCommercial and industrial(18)(9)(43)(55)(77)Commercial real estate — owner occupied— — — — — Commercial and business lending(16)(8)(39)(50)(69)Commercial real estate — investor(7)(51)— (37)— Real estate construction1 — — — 1 Commercial real estate lending(5)(37)— (25)— Total commercial(12)(19)(23)(40)(41)Residential mortgage1 (1)(1)(1)— Auto finance(22)(26