Company: ASB
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000007789-25-000049
Chunk: 54

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-04-29
Form: 10-Q
Item: Part I, Item 1
Chunk 54
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 197 Income tax (expense) benefit (8,420)6,885 Other comprehensive income (loss) on AFS securities25,339 (20,746)Cash flow hedge derivativesNet unrealized gains (losses)7,268 (19,461)Reclassification adjustment for net losses realized in net income1,118 4,823 Income tax benefit (expense)2,018 (1,688)Other comprehensive income (loss) on cash flow hedge derivatives10,403 (16,326)Defined benefit pension and postretirement obligationsAmortization of prior service cost(63)(72)Net actuarial gain4,770 — Amortization of actuarial gain(4)(7)Income tax expense(1,173)(1,633)Other comprehensive income (loss) on pension and postretirement obligations3,530 (1,712)Total other comprehensive income (loss)39,272 (38,785)Comprehensive income$140,959 $42,384 

Numbers may not recalculate due to rounding conventions.

See accompanying notes to consolidated financial statements.

7

Item 1. Financial Statements Continued:

ASSOCIATED BANC-CORP

Consolidated Statements of Changes in Stockholders’ Equity (Unaudited)(In thousands, except per share data)Preferred EquityCommon StockSurplusRetainedEarningsAccumulatedOtherComprehensive (Loss)Treasury StockTotalBalance, December 31, 2024$194,112 $1,890 $2,047,349 $2,919,252 $(74,416)$(482,626)$4,605,562 Comprehensive income:Net income— — — 101,687 — — 101,687 Other comprehensive (loss)— — — — 39,272 — 39,272 Comprehensive income140,959 Common stock issued:Public common stock offering— — (52)— — — (52)Stock-based compensation plans, net— — (14,297)— — 16,489 2,192 Purchase of treasury stock, open market purchases— — — — — (22,292)(22,292)Purchase of treasury stock, stock-based compensation plans— — — — — (5,816)(5,816)Cash dividends