Company: ASB
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000007789-25-000116
Chunk: 163

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 1
Chunk 163
---
ks of loss are generally on smaller average balances per loan spread over many borrowers. Once charged off, there is usually less opportunity for recovery of these smaller consumer loans. Credit risk is primarily controlled by reviewing the creditworthiness of the borrowers, monitoring payment histories, and taking appropriate collateral and guarantee positions. 

Nonperforming Assets

Management is committed to a proactive nonaccrual and problem loan identification philosophy. This philosophy is implemented through the ongoing monitoring and review of all pools of risk in the loan portfolio to ensure that problem loans are identified quickly and the risk of loss is minimized. Table 10 provides detailed information regarding NPAs, which include nonaccrual loans, OREO, and repossessed assets, and also includes information on accruing loans past due and restructured loans:

Table 10 Nonperforming Assets (Dollars in thousands)Jun 30,2025Mar 31,2025Dec 31,2024Sep 30,2024Jun 30,2024Nonperforming assetsCommercial and industrial$6,945 $12,898 $19,084 $14,369 $21,190 Commercial real estate — owner occupied— 1,501 1,501 9,285 1,851 Commercial and business lending6,945 14,399 20,585 23,654 23,041 Commercial real estate — investor15,805 31,689 16,705 18,913 48,249 Real estate construction146 125 30 15 16 Commercial real estate lending15,950 31,814 16,735 18,928 48,265 Total commercial22,895 46,213 37,320 42,582 71,306 Residential mortgage73,817 72,455 70,038 70,138 68,058 Auto finance8,004 7,692 7,402 7,456 6,986 Home equity8,201 8,275 8,378 8,231 7,996 Other consumer82 173 122 70 77 Total consumer90,104 88,595 85,941 85,894 83,117 Total nonaccrual loans112,999 134,808 123,260 128,476 154,423 Commercial real estate owned31,629 19,114 11,914 11