Company: ASB
Filing Date: 2025-02-12
Form Type: 10-K
Source: 0000007789-25-000013
Chunk: 3

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-02-12
Form: 10-K
Item: Item 8
Chunk 3
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998 Net interest income after provision for credit losses962,263 956,552 924,323 Noninterest incomeWealth management fees92,569 82,502 84,122 Service charges and deposit account fees51,642 49,045 62,310 Card-based fees 46,921 45,020 44,014 Other fee-based revenue19,499 17,268 15,903 Capital markets, net22,084 24,649 29,917 Mortgage banking, net10,686 19,429 18,873 Loss on mortgage portfolio sale(130,406)(136,239)— Bank and corporate owned life insurance13,477 10,266 11,431 Asset (losses) gains, net(1,042)454 1,338 Investment securities (losses) gains, net(144,147)(58,903)3,746 Other9,310 9,691 10,715 Total noninterest (loss) income(9,407)63,182 282,370 Noninterest expensePersonnel487,956 468,355 454,101 Technology107,563 102,018 90,700 Occupancy54,622 57,204 59,794 Business development and advertising28,142 28,405 25,525 Equipment18,431 19,663 19,632 Legal and professional 21,601 19,911 18,250 Loan and foreclosure costs8,471 5,408 5,925 FDIC assessment38,439 67,072 22,650 Other intangible amortization8,811 8,811 8,811 Loss on prepayments of FHLB advances14,243 — — Other30,118 36,837 41,675 Total noninterest expense818,397 813,682 747,063 Income before income taxes134,459 206,052 459,630 Income tax expense11,314 23,097 93,508 Net income123,145 182,956 366,122 Preferred stock dividends11,500 11,500 11,500 Net income available to common equity$111,645 $171,456 $354,622 Earnings per common shareBasic$0.73 $1.14