Company: ASB
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000007789-25-000116
Chunk: 288

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 8
Chunk 288
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 and consumer loans determined by the Corporation to be individually evaluated, using discounted cash flows, estimated fair value of underlying collateral, and/or other data available. Loans are segmented for criticized loan pools by loan type as well as for non-criticized loan pools by loan type, primarily based on risk rating rates after considering loan type, historical loss and delinquency experience, credit quality, and industry classifications. Loans that have been criticized are considered to have a higher risk of default than non-criticized loans, as circumstances were present to support the lower loan grade, warranting higher loss factors. Additionally, management allocates ACLL to absorb losses that may not be provided for by the other components due to qualitative factors evaluated by management, such as limitations within the credit risk grading process, known current economic or business conditions that may not yet show in trends, industry or other concentrations with current issues that impose higher inherent risks than are reflected in the loss factors, and other relevant considerations. The total allowance is available to absorb losses from any segment of the loan portfolio. 

Table 11 Allowance for Credit Losses on Loans YTDQuarter Ended(Dollars in thousands)Jun 30,2025Jun 30,2024Jun 30,2025Mar 31,2025Dec 31,2024Sep 30,2024Jun 30,2024Allowance for loan lossesBalance at beginning of period$363,545 $351,094 $371,348 $363,545 $361,765 $355,844 $356,006 Provision for loan losses34,500 48,000 18,000 16,500 14,000 19,000 21,000 Charge offs(32,062)(47,308)(18,348)(13,714)(13,770)(15,337)(23,290)Recoveries10,531 4,058 5,515 5,017 1,551 2,258 2,127 Net charge offs(21,531)(43,251)(12,833)(8,698)(12,220)(13,078)(21,163)Balance at end of period$376,515 $355,844 $376,515 $371,348 $363,545 $361,765 $355,844 Allowance for unfunded commitmentsBalance at beginning of period38,776 34,776 35,276 38,