Company: ASB
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000007789-25-000116
Chunk: 83

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 1
Chunk 83
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12 (604)62,830 (604)62,830 SBA— — — 4 (24)464 (24)464 Other debt securities1 (7)993 1 (3)997 (11)1,989 Total141 $(14,323)$1,694,159 54 $(15,890)$259,134 $(30,213)$1,953,294 HTM investment securitiesU.S. Treasury securities— $— $— 1 $(1)$999 $(1)$999 Obligations of state and political subdivisions (municipal securities)370 (11,860)483,073 641 (162,343)866,949 (174,202)1,350,022 Residential mortgage-related securities:FNMA/FHLMC12 (280)11,617 106 (186,184)710,114 (186,464)721,732 GNMA7 (183)8,856 79 (3,591)31,071 (3,774)39,927 Private-label— — — 18 (65,963)266,353 (65,963)266,353 Commercial mortgage-related securities:FNMA/FHLMC2 (1,343)25,518 43 (157,735)598,077 (159,078)623,595 GNMA— — — 13 (6,424)46,032 (6,424)46,032 Total391 $(13,665)$529,064 901 $(582,241)$2,519,595 $(595,906)$3,048,660 The Corporation reviews the AFS investment securities portfolio on a quarterly basis to monitor its credit exposure. A determination as to whether a security’s decline in fair value is the result of credit risk takes into consideration numerous factors and the relative significance of any single factor can vary by security. Some factors the Corporation may consider in this impairment analysis include the extent to which the security has been in an unrealized loss position, the change in security rating, financial condition and near-term prospects of the issuer, as well as the security and industry specific economic conditions. Based on the Corporation’s evaluation, management does not believe any unrealized losses at June 30, 2025 represent credit