Company: ASB
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000007789-25-000116
Chunk: 114

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 1
Chunk 114
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344.2 million, respectively.The Corporation terminated its $500.0 million fair value hedge during the fourth quarter of 2019. At June 30, 2025, the amortized cost basis of the closed portfolios which had previously been used in the terminated hedging relationship was $205.4 million and is included in loans on the consolidated balance sheets. This amount includes $0.8 million of hedging adjustments on the discontinued hedging relationships, which are not presented in the table above.The tables below identify the effect of fair value and cash flow hedge accounting on the Corporation's consolidated statements of income:Location and Amount Recognized on the Consolidated Statements of Income in Fair Value and Cash Flow Hedging RelationshipsThree Months Ended Jun 30,Six Months Ended Jun 30,2025202420252024(in thousands)Interest Income Interest (Expense)Interest IncomeInterest (Expense)Interest IncomeInterest (Expense)Interest IncomeInterest (Expense)Total amounts of income/expense presented on the consolidated statements of income in which the effects of the fair value or cash flow hedges are recorded(a)$(1,464)$(1,942)$(4,805)$(5,367)$(2,614)$(4,160)$(9,668)$(10,689)The effects of fair value and cash flow hedging: Impact on fair value hedging relationships in Subtopic 815-20Interest contracts:Hedged items        (27)(4,099)(36)(431)(58)(11,096)(76)9,779 Derivatives designated as hedging instruments(a)(1,437)2,158 (4,769)(4,935)(2,555)6,936 (9,592)(20,468)(a) Includes net settlements on the derivatives.

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Location and Amount Recognized on the Consolidated Statements of Income in Fair Value Hedging RelationshipsThree Months Ended Jun 30,Six Months Ended Jun 30,2025202420252024(in thousands)Capital Markets, NetCapital Markets, NetCapital Markets, NetCapital Markets, NetTotal amounts of income/expense presented on the consolidated statements of income in which the effects of the fair value hedges are recorded$— $— $1 $— The effects of fair value hedging: Impact on fair value hedging relationships in Subtopic 815-20Foreign currency contracts:Hedged items19,542 (4,269)20,095 (13,339