Company: ASB
Filing Date: 2025-02-12
Form Type: 10-K
Source: 0000007789-25-000013
Chunk: 104

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-02-12
Form: 10-K
Item: Item 8
Chunk 104
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 of December 31, 2024 and 2023, the most recent notifications from the OCC and the FDIC categorized the subsidiary bank as well-capitalized under the regulatory framework for prompt corrective action. To be categorized as well-capitalized, the subsidiary bank must maintain minimum ratios as set forth in the table. There are no conditions or events since that notification that management believes have changed the institution’s category. The actual capital amounts and ratios of the Corporation and its significant subsidiary are presented below. No deductions from capital were made for interest rate risk in 2024 or 2023. ActualFor Capital AdequacyPurposesTo Be Well-CapitalizedUnder Prompt CorrectiveAction Provisions(a)($ in thousands)AmountRatioAmountRatioAmountRatioAs of December 31 , 2024Associated Banc-CorpTotal capital$4,282,597 12.61 %$2,716,014  ≥8.00 %Tier 1 capital3,590,948 10.58 %2,037,010  ≥6.00 %CET13,396,836 10.01 %1,527,758  ≥4.50 %Leverage3,590,948 8.73 %1,644,627 ≥4.00 %Associated Bank, N.A.Total capital$4,078,042 12.03 %$2,710,815 ≥8.00 %$3,388,519 ≥10.00 %Tier 1 capital3,425,721 10.11 %2,033,111  ≥6.00 %2,710,815 ≥8.00 %CET13,425,721 10.11 %1,524,833  ≥4.50 %2,202,537 ≥6.50 %Leverage3,425,721 8.34 %1,642,484 ≥4.00 %2,053,105 ≥5.00 %As of December 31 , 2023Associated Banc-CorpTotal capital$3,997,205 12.21 %$2,618,596 ≥8.00 %Tier 1 capital3,269,050 9.99 %1,963,947  �