Company: ASB
Filing Date: 2025-02-12
Form Type: 10-K
Source: 0000007789-25-000013
Chunk: 2

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-02-12
Form: 10-K
Item: Item 8
Chunk 2
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112 Common equityCommon stock$1,890 $1,752 Surplus2,047,349 1,714,822 Retained earnings2,919,252 2,946,805 Accumulated other comprehensive (loss)(74,416)(171,096)Treasury stock, at cost(482,626)(512,421)Total common equity4,411,450 3,979,861 Total stockholders’ equity4,605,562 4,173,973 Total liabilities and stockholders’ equity$43,023,068 $41,015,855 Preferred shares authorized (par value $1.00 per share)750,000 750,000 Preferred shares issued and outstanding200,000 200,000 Common shares authorized (par value $0.01 per share)250,000,000 250,000,000 Common shares issued189,016,409 175,216,409 Common shares outstanding166,177,658 151,036,674 

Numbers may not sum due to rounding.

See accompanying notes to consolidated financial statements.

81

ASSOCIATED BANC-CORP

Consolidated Statements of Income For the Years Ended December 31, (In thousands, except per share data)202420232022Interest incomeInterest and fees on loans$1,830,241 $1,720,406 $992,642 Interest and dividends on investment securitiesTaxable198,579 146,006 75,444 Tax-exempt58,572 63,233 65,691 Other interest35,312 28,408 11,475 Total interest income2,122,704 1,958,052 1,145,252 Interest expenseInterest on deposits901,804 673,624 98,309 Interest on federal funds purchased and securities sold under agreements to repurchase11,754 12,238 3,480 Interest on other short-term funding17,597 1 2 Interest on FHLB advances98,520 196,535 75,487 Interest on long-term funding45,781 36,080 10,653 Total interest expense1,075,456 918,479 187,931 Net interest income1,047,248 1,039,573 957,321 Provision for credit losses84,986 83,021 32,