Company: ASB
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000007789-25-000116
Chunk: 257

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 8
Chunk 257
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 mortgage sale announced in the fourth quarter of 2024 is included within the noninterest income (expense) caption.(b) A portion of total depreciation expense of $0.1 million, $5.3 million, and $20.5 million for the Corporate and Commercial Specialty, Community Consumer and Business, and Risk Management and Shared Services segments, respectively, is included in this expense caption.

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As of and for the six months ended June 30, 2024(in thousands)Corporate and Commercial SpecialtyCommunity, Consumer and BusinessRisk Management and Shared ServicesConsolidated CorporationNet segment interest income (expense)$485,526 $124,602 $(95,677)$514,451 Net intersegment interest (expense) income(218,284)290,801 (72,517)— Net interest income (expense)267,242 415,403 (168,194)514,451 Noninterest income23,540 95,926 10,678 130,144 Total income (expense) before provision290,782 511,329 (157,515)644,595 Provision for credit losses31,036 13,301 2,672 47,009 Total income (expense) after provision259,746 498,028 (160,187)597,586 Noninterest expensePersonnel40,877 116,728 83,371 240,976 Technology(a)1,187 23,066 29,109 53,362 Occupancy(a)— 33 26,728 26,761 Business development and advertising1,760 1,604 10,688 14,052 Equipment(a)1 2,708 6,340 9,049 Legal and professional424 609 8,068 9,101 Loan and foreclosure costs359 2,772 640 3,771 FDIC assessment— — 21,077 21,077 Other intangible amortization— — 4,405 4,405 Other noninterest expense1,604 12,098 (2,739)10,963 Allocated indirect expense (income)39,601 104,368 (143,969)— Total noninterest expense85,813 263,986 43,719 393,518 Net income (loss) before income taxes173,933 234,042 (203,