Company: ASB
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000007789-25-000179
Chunk: 153

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 1
Chunk 153
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2025. 

•At September 30, 2025, total liabilities were $39.6 billion, up $1.2 billion, or 3%, from December 31, 2024.

◦Short-term funding was $399.7 million at September 30, 2025, down $70.7 million, or 15%, from December 31, 2024. FHLB advances were $3.2 billion at September 30, 2025, up $1.4 billion, or 74%, from December 31, 2024. These changes were due to a mix shift in funding away from federal funds purchased to short-term FHLB advances. See Note 8 Short and Long-Term Funding of the notes to consolidated financial statements for additional details.

◦Other long-term funding was $594.1 million at September 30, 2025, down $243.6 million, or 29%, from December 31, 2024, primarily due to subordinated notes maturing in January 2025. See Note 8 Short and Long-Term Funding of the notes to consolidated financial statements for additional details.

•At September 30, 2025, the loans to deposits ratio was 88.73%, up from 85.92% at December 31, 2024.

59

 Loans

Table 5 Period End Loan Composition  Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024 (Dollars in thousands)Amount% ofTotalAmount% ofTotalAmount% ofTotalAmount% ofTotalAmount% ofTotalCommercial and industrial$11,567,651 37 %$11,281,964 37 %$10,925,769 36 %$10,573,741 36 %$10,258,899 34 %Commercial real estate — owner occupied1,149,939 4 %1,101,501 4 %1,118,363 4 %1,143,741 4 %1,120,849 4 %Commercial and business lending12,717,590 41 %12,383,465 40 %12,044,132 40 %11,717,483 39 %11,379,748 38 %Commercial real estate