Company: ASB
Filing Date: 2025-02-12
Form Type: 10-K
Source: 0000007789-25-000013
Chunk: 28

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-02-12
Form: 10-K
Item: Item 8
Chunk 28
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$1,000 $— $— $— $1,000 Obligations of state and political subdivisions (municipal securities)767,151 883,438 4,911 4,221 1,659,722 Residential mortgage-related securities:FNMA/FHLMC885,476 — — — 885,476 GNMA43,693 — — — 43,693 Private-label324,182 — — — 324,182 Commercial mortgage-related securities:FNMA/FHLMC772,456 — — — 772,456 GNMA52,219 — — — 52,219 Total HTM securities$2,846,177 $883,438 $4,911 $4,221 $3,738,747 The following table summarizes the credit quality indicators of HTM securities at amortized cost at December 31, 2023:($ in thousands)AAAAAANot RatedTotalU.S. Treasury securities$999 $— $— $— $999 Obligations of state and political subdivisions (municipal securities)760,329 915,303 5,687 1,155 1,682,473 Residential mortgage-related securities:FNMA/FHLMC941,973 — — — 941,973 GNMA48,979 — — — 48,979 Private-label345,083 — — — 345,083 Commercial mortgage-related securities:FNMA/FHLMC780,995 — — — 780,995 GNMA59,733 — — — 59,733 Total HTM securities$2,938,090 $915,303 $5,687 $1,155 $3,860,235 The following table summarizes gross realized gains and losses on AFS securities, the gain on sale and net write-up of equity securities, and proceeds from the sale of AFS investment securities for each of the three years ended December 31 shown below:($ in thousands)202420232022Gross realized gains on AFS securities$— $83 $21 Gross realized (losses) on AFS securities(148,380)(65,022)(1,943)Gain on