Company: ASB
Filing Date: 2025-02-12
Form Type: 10-K
Source: 0000007789-25-000013
Chunk: 51

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-02-12
Form: 10-K
Item: Item 8
Chunk 51
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— Residential mortgage2,355 453 336 Auto finance5 3 2 Home equity244 — — Other consumer2,239 — — Total loans modified$5,318 $456 $338  The following table depicts the performance of loans that have been modified in the twelve months ended December 31, 2023:Payment Status (Amortized Cost Basis)($ in thousands)Current30-89 Days Past Due90+ Days Past DueCommercial and industrial$306 $— $— Residential mortgage773 56 245 Auto finance218 36 — Home equity310 123 9 Other consumer1,449 — — Total loans modified$3,056 $215 $253 The following table provides the amortized cost of loan modifications by loan portfolio and type of concession that were modified in the previous twelve months and subsequently had a payment default, as of December 31, 2024:Amortized Cost of Loan Modifications that Subsequently Defaulted($ in thousands)Interest Rate ConcessionTerm ExtensionCombination Interest Rate Reduction and Term ExtensionResidential mortgage$— $— $151 Auto finance2 — — Home equity— — 186 Total loans modified$2 $— $337 The following table provides the amortized cost of loan modifications by loan portfolio and type of concession that were modified in the previous twelve months and subsequently had a payment default, as of December 31, 2023:Amortized Cost of Loan Modifications that Subsequently Defaulted($ in thousands)Interest Rate ConcessionTerm ExtensionCombination Interest Rate Reduction and Term ExtensionResidential mortgage$— $208 $248 Home equity— — 27 Total loans modified$— $208 $275 The following table provides the number of loans modified in a TDR by loan portfolio, the recorded investment, and unpaid principal balance at December 31, 2022, prior to the adoption of ASU 2022-02:($ in thousands)NumberofLoansRecordedInvestment(a)UnpaidPrincipalBalance(b)Commercial and industrial2 $281 $281 Residential mortgage55 10,557 10,777 Home equity15 531 557    Total loans modified72 $11,370 $11,616 (a) Represents post-modification outstanding recorded investment.(b) Represents pre-mod