Company: ASB
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000007789-25-000049
Chunk: 251

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-04-29
Form: 10-Q
Item: Part I, Item 8
Chunk 251
---
$356,006 $351,094 Provision for loan losses16,500 14,000 19,000 21,000 27,000 Charge offs(13,714)(13,770)(15,337)(23,290)(24,018)Recoveries5,017 1,551 2,258 2,127 1,930 Net charge offs(8,698)(12,220)(13,078)(21,163)(22,088)Balance at end of period$371,348 $363,545 $361,765 $355,844 $356,006 Allowance for unfunded commitmentsBalance at beginning of period$38,776 $35,776 $33,776 $31,776 $34,776 Provision for unfunded commitments(3,500)3,000 2,000 2,000 (3,000)Balance at end of period$35,276 $38,776 $35,776 $33,776 $31,776 Allowance for credit losses on loans$406,624 $402,322 $397,541 $389,620 $387,782 Provision for credit losses on loans13,000 17,000 21,000 23,000 24,000 Net loan (charge offs) recoveriesCommercial and industrial$(4,726)$(2,406)$(10,649)$(13,676)$(18,638)Commercial real estate — owner occupied— — — 1 2 Commercial and business lending(4,726)(2,406)(10,649)(13,674)(18,636)Commercial real estate — investor(892)(6,617)(1)(4,569)— Real estate construction30 4 2 28 30 Commercial real estate lending(863)(6,612)2 (4,541)30 Total commercial(5,589)(9,018)(10,647)(18,216)(18,606)Residential mortgage197 (239)(160)(289)(62)Auto finance(1,519)(1,782)(1,281)(1,480)(2,094)Home equity289 277 424 238 211 Other consumer(2,076)(1,457)(1,414)(1,417)(1