Company: ASB
Filing Date: 2025-02-12
Form Type: 10-K
Source: 0000007789-25-000013
Chunk: 109

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-02-12
Form: 10-K
Item: Item 8
Chunk 109
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037,841 Provision for credit losses66,390 24,759 (6,163)84,986 Total income (expense) after provision534,006 1,001,104 (582,255)952,855 Noninterest expensePersonnel79,853 232,787 175,316 487,956 Technology(b)2,594 47,241 57,728 107,563 Occupancy(b)— 61 54,561 54,622 Business development and advertising3,543 3,169 21,430 28,142 Equipment(b)2 5,930 12,499 18,431 Legal and professional 825 1,978 18,798 21,601 Loan and foreclosure costs1,100 5,018 2,353 8,471 FDIC assessment— — 38,439 38,439 Other intangible amortization— — 8,811 8,811 Loss on prepayments of FHLB advances— — 14,243 14,243 Other noninterest expense (income)3,338 27,921 (1,141)30,118 Allocated indirect expense (income)88,036 205,979 (294,015)— Total noninterest expense179,291 530,084 109,022 818,397 Net income (loss) before income taxes354,715 471,020 (691,277)134,459 Income tax expense (benefit)64,346 97,460 (150,492)11,314 Net income (loss)$290,369 $373,560 $(540,785)$123,145 Loans$16,959,921 $12,318,648 $490,017 $29,768,586 Allocated goodwill525,836 579,156 — 1,104,992 Total assets17,794,372 13,892,891 11,335,805 43,023,068 (a) Unusual items including a $130 million loss on mortgage portfolio sale and a $148 million loss on investment securities as a result of the balance sheet repositioning announced in the fourth quarter of 2024 are included within the noninterest income (expense) caption.(b) A portion of total depreciation expense of approximately $242