Company: ASB
Filing Date: 2025-02-12
Form Type: 10-K
Source: 0000007789-25-000013
Chunk: 245

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-02-12
Form: 10-K
Item: Item 7
Chunk 245
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Other consumer(6,922)(5,453)(3,363)(3,168)(4,783)Total consumer(17,709)(12,779)(5,558)(4,738)(8,376)Total loans charged off(76,415)(58,768)(10,146)(40,652)(112,053)Recoveries of loans previously charged offCommercial and industrial2,148 3,015 5,282 8,564 7,004 Commercial real estate — owner occupied7 11 13 120 147 Commercial and business lending2,155 3,026 5,295 8,684 7,151 Commercial real estate — investor— 3,016 50 3,162 643 Real estate construction65 80 106 126 49 Commercial real estate lending65 3,095 156 3,288 692 Total commercial2,220 6,121 5,451 11,972 7,844 Residential mortgage280 541 908 841 500 Auto finance2,905 1,241 98 31 25 Home equity1,366 1,262 1,385 2,854 1,978 Other consumer1,096 978 1,010 1,267 1,076 Total consumer5,647 4,021 3,401 4,993 3,579 Total recoveries7,867 10,142 8,852 16,965 11,422 Net (charge offs)(68,549)(48,626)(1,294)(23,687)(100,631)Balance at end of period$363,545 $351,094 $312,720 $280,015 $383,702 Allowance for unfunded commitmentsBalance at beginning of period$34,776 $38,776 $39,776 $47,776 $21,907 Cumulative effect of ASU 2016-13 adoption (CECL) N/A N/AN/AN/A18,690 Balance at beginning of period, adjusted34,776 38,776 39,776 47,776 40,597 Provision for unfunded commitments4,000 (4,000)(1,000)(8,000)7,000 Amount recorded at acquisition— —