Company: ASB
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000007789-25-000179
Chunk: 23

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 2
Chunk 23
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 of the loan collateral. Risks of loss are generally on smaller average balances per loan spread over many borrowers. Once charged off, there is usually less opportunity for recovery of these smaller consumer loans. Credit risk is primarily controlled by reviewing the creditworthiness of the borrowers, monitoring payment histories, and taking appropriate collateral and guarantee positions. 

Nonperforming Assets

Management is committed to a proactive nonaccrual and problem loan identification philosophy. This philosophy is implemented through the ongoing monitoring and review of all pools of risk in the loan portfolio to ensure that problem loans are identified quickly and the risk of loss is minimized. Table 10 provides detailed information regarding NPAs, which include nonaccrual loans, OREO, and repossessed assets, and also includes information on accruing loans past due and restructured loans:

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Table 10 Nonperforming Assets (Dollars in thousands)Sep 30,2025Jun 30,2025Mar 31,2025Dec 31,2024Sep 30,2024Nonperforming assetsCommercial and industrial$12,802 $6,945 $12,898 $19,084 $14,369 Commercial real estate — owner occupied203 — 1,501 1,501 9,285 Commercial and business lending13,006 6,945 14,399 20,585 23,654 Commercial real estate — investor7,333 15,805 31,689 16,705 18,913 Real estate construction145 146 125 30 15 Commercial real estate lending7,478 15,950 31,814 16,735 18,928 Total commercial20,484 22,895 46,213 37,320 42,582 Residential mortgage69,093 73,817 72,455 70,038 70,138 Auto finance8,218 8,004 7,692 7,402 7,456 Home equity8,299 8,201 8,275 8,378 8,231 Other consumer85 82 173 122 70 Total consumer85,696 90,104 88,595 85,941 85,894 Total nonaccrual loans106,179 112,999 134,808 123,260 128,476 Commercial real estate owned27,203 31,629