Company: ASB
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000007789-25-000049
Chunk: 57

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-04-29
Form: 10-Q
Item: Part I, Item 1
Chunk 57
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,786 98,005 Prepayments, calls, and maturities of AFS securities 206,882 176,266 Prepayments, calls, and maturities of HTM securities 34,673 28,026 Sales, prepayments, calls, and maturities of other assets2,631 4,337 Sale of mortgage portfolio564,375 — Premises, equipment, and software(7,472)(8,500)Net change in tax credit and alternative investments(7,448)(2,409)Net cash used in investing activities(127,119)(275,320)Cash flows from financing activitiesNet increase in deposits548,279 267,109 Net (decrease) increase in short-term funding(159,033)438,891 Net increase (decrease) in short-term FHLB advances170,000 (602,000)Repayment of long-term FHLB advances(32)(664)Proceeds from long-term FHLB advances— 619 Repayment of finance lease principal(22)(22)Repayment of long-term funding(250,000)— Proceeds from issuance of common stock for stock-based compensation plans2,192 3,910 Purchase of treasury stock, open market purchases(22,292)(18,289)Purchase of treasury stock, stock-based compensation plans(5,816)(4,572)Cash dividends on common stock(38,538)(33,527)Cash dividends on preferred stock(2,875)(2,875)Payments for other financing activities(52)— Net cash provided by financing activities241,810 48,580 Net increase (decrease) in cash and cash equivalents212,856 (72,239)Cash and cash equivalents at beginning of period1,019,604 923,823 Cash and cash equivalents at end of period(a)$1,232,460 $851,583 

Numbers may not recalculate due to rounding conventions. 

(a) No restricted cash due to the Federal Reserve reducing the required reserve ratio to zero.

9

ASSOCIATED BANC-CORP

Consolidated Statements of Cash Flows (Unaudited)Three Months Ended Mar 31, ($ in thousands)20252024Supplemental disclosures of cash flow informationCash paid for interest$241,667 $249,660 Cash (received) paid for income and franchise taxes(16,183)1,