Company: ASB
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000007789-25-000049
Chunk: 65

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-04-29
Form: 10-Q
Item: Part I, Item 1
Chunk 65
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$3,174,170 Ratio of fair value to amortized cost100.2 %85.7 %

15

On a quarterly basis, the Corporation refreshes the credit quality of each HTM security. The following table summarizes the credit quality indicators of HTM securities at amortized cost at March 31, 2025:($ in thousands)AAAAAANot RatedTotalU.S. Treasury securities$994 $— $— $— $994 Obligations of state and political subdivisions (municipal securities)761,576 876,276 3,920 7,273 1,649,045 Residential mortgage-related securities:FNMA/FHLMC871,331 — — — 871,331 GNMA42,972 — — — 42,972 Private-label320,057 — — — 320,057 Commercial mortgage-related securities:FNMA/FHLMC770,177 — — — 770,177 GNMA 51,281 — — — 51,281 Total HTM securities$2,818,388 $876,276 $3,920 $7,273 $3,705,857 

The following table summarizes the credit quality indicators of HTM securities at amortized cost at December 31, 2024:($ in thousands)AAAAAANot RatedTotalU.S. Treasury securities$1,000 $— $— $— $1,000 Obligations of state and political subdivisions (municipal securities)767,151 883,438 4,911 4,221 1,659,722 Residential mortgage-related securities:FNMA/FHLMC885,476 — — — 885,476 GNMA43,693 — — — 43,693 Private-label324,182 — — — 324,182 Commercial mortgage-related securities:FNMA/FHLMC772,456 — — — 772,456 GNMA 52,219 — — — 52,219 Total HTM securities$2,846,177 $883,438 $4,911 $4,221 $3,738,747 

The following table summarizes gross realized gains and losses on A