Company: ASB
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000007789-25-000049
Chunk: 70

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-04-29
Form: 10-Q
Item: Part I, Item 1
Chunk 70
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 marketable equity securities and their fair value is equal to amortized cost. The Corporation had FHLB stock of $96 million and $92 million at March 31, 2025 and December 31, 2024, respectively. The Corporation had Federal Reserve Bank stock of $98 million and $88 million at March 31, 2025 and December 31, 2024, respectively. Accrued interest receivable on FHLB stock totaled $2 million at both March 31, 2025 and December 31, 2024. Accrued interest receivable on Federal Reserve Bank Stock totaled $1 million at March 31, 2025 and there was none at December 31, 2024. Accrued interest receivable on both FHLB stock and Federal Reserve Bank stock is included in interest receivable on the consolidated balance sheets. 

18

Equity Securities 

Equity securities with readily determinable fair values: The Corporation's portfolio of equity securities with readily determinable fair values is primarily comprised of mutual funds. The Corporation had equity securities with readily determinable fair values of $11 million at both March 31, 2025 and December 31, 2024.

Equity securities without readily determinable fair values: The Corporation's portfolio of equity securities without readily determinable fair values primarily consists of an investment in a private loan fund. The Corporation had equity securities without readily determinable fair values carried at $13 million at both March 31, 2025 and December 31, 2024. 

Note 6 Loans 

The period end loan composition was as follows:($ in thousands)Mar 31, 2025Dec 31, 2024Commercial and industrial$10,925,769 $10,573,741 Commercial real estate — owner occupied1,118,363 1,143,741 Commercial and business lending12,044,132 11,717,483 Commercial real estate — investor5,597,442 5,227,975 Real estate construction1,809,054 1,982,632 Commercial real estate lending7,406,496 7,210,607 Total commercial19,450,628 18,928,090 Residential mortgage6,999,654 7,047,541 Auto finance2,878,765 2,810,220 Home equity654,140 664,252 Other consumer310,940 318,