Company: ASB
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000007789-25-000179
Chunk: 194

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 8
Chunk 194
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 HTM, or equity on the consolidated balance sheets. The amortized cost and fair values of AFS and HTM securities at September 30, 2025 were as follows:(in thousands)AmortizedCostGrossUnrealizedGainsGrossUnrealized(Losses)Fair ValueAFS investment securitiesObligations of state and political subdivisions (municipal securities)$3,063 $1 $(45)$3,019 Residential mortgage-related securities:FNMA/FHLMC128,541 907 (5,888)123,560 GNMA4,827,672 34,848 (295)4,862,225 Commercial mortgage-related securities:FNMA/FHLMC18,054 — (1,055)16,999 GNMA114,247 — (4,317)109,930 Asset backed securities:FFELP98,889 39 (731)98,198 SBA363 — (15)348 Other debt securities3,000 — — 3,000 Total AFS investment securities$5,193,828 $35,796 $(12,346)$5,217,278 HTM investment securitiesU.S. Treasury securities$995 $19 $— $1,014 Obligations of state and political subdivisions (municipal securities)1,637,318 1,640 (153,562)1,485,396 Residential mortgage-related securities:FNMA/FHLMC836,619 19,924 (150,818)705,725 GNMA40,301 60 (2,490)37,871 Private-label307,569 7,019 (53,549)261,038 Commercial mortgage-related securities:FNMA/FHLMC766,482 8,503 (125,634)649,352 GNMA46,855 166 (5,023)41,998 Total HTM investment securities$3,636,139 $37,331 $(491,077)$3,182,394 

16

The amortized cost and fair values of AFS and HTM securities at December 31, 2024 were as follows:(in thousands)AmortizedCostGrossUnrealizedGainsGrossUnrealized(Losses)Fair ValueAF