Company: ASB
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000007789-25-000116
Chunk: 159

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 1
Chunk 159
---
,786 $2,142,193 $4,275,316 $15,012,095 49 %Floating or adjustable rate13,437,180 947,655 1,210,393 282 15,595,510 51 %Total$18,724,980 $4,254,441 $3,352,586 $4,275,598 $30,607,605 100 %(a) Demand loans, past due loans, overdrafts, and credit cards are reported in the “Within 1 Year” category.

At June 30, 2025, $20.9 billion, or 68%, of the loans outstanding and $17.7 billion, or 90%, of the commercial loans outstanding were floating rate, adjustable rate, re-pricing within one year, or maturing within one year. 

60

Credit Risk

An active credit risk management process is used for commercial loans to ensure that sound and consistent credit decisions are made. Credit risk is controlled by detailed underwriting procedures, comprehensive loan administration, and periodic review of borrowers’ outstanding loans and commitments. Borrower relationships are formally reviewed and graded on an ongoing basis for early identification of potential problems. Further analysis by customer, industry, and geographic location are performed to monitor trends, financial performance, and concentrations. See Note 6 Loans of the notes to consolidated financial statements for additional information on managing overall credit quality. 

The loan portfolio is widely diversified by types of borrowers, industry groups, and market areas primarily within the Corporation's lending footprint. Significant loan concentrations are considered to exist when there are amounts loaned to numerous borrowers engaged in similar activities that would cause them to be similarly impacted by economic or other conditions. At June 30, 2025, no significant concentrations existed in the Corporation’s portfolio in excess of 10% of total loan exposure.

Commercial and business lending: The commercial and business lending classification primarily includes commercial loans to large corporations, middle market companies, small businesses, and ABL and equipment financing. 

Table 7 Largest Commercial and Industrial Industry Group Exposures, by NAICS SubsectorJun 30, 2025NAICS SubsectorOutstanding BalanceTotal Exposure% of Total Loan Exposure(Dollars in thousands)Real Estate(a)531$2,128,734 $3,680,972 9 %Utilities(b)2212,786,224 3,457,042 8 %Credit Inter