Company: ASB
Filing Date: 2025-02-12
Form Type: 10-K
Source: 0000007789-25-000013
Chunk: 255

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-02-12
Form: 10-K
Item: Item 7
Chunk 255
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 %Total equity securities$23,242 $23,242 — %

(a) Expected maturities will differ from contractual maturities, as borrowers may have the right to call or repay obligations with or without call or prepayment penalties.

(b) Yields on tax-exempt securities are computed on a fully tax-equivalent basis using a tax rate of 21% and are net of the effects of certain disallowed interest deductions. 

70

Deposits and Customer Funding

The following table summarizes the composition of our deposits and customer funding:

Table 15 Period End Deposit and Customer Funding Composition As of December 31,202420232022($ in thousands)Amount% of TotalAmount% of TotalAmount% of TotalNoninterest-bearing demand$5,775,657 17 %$6,119,956 18 %$7,760,811 26 %Savings5,133,295 15 %4,835,701 14 %4,604,848 16 %Interest-bearing demand9,124,741 26 %8,843,967 26 %7,100,727 24 %Money market6,637,915 19 %6,330,453 19 %8,239,610 28 %Brokered CDs4,276,309 12 %4,447,479 13 %541,916 2 %Other time deposits3,700,518 11 %2,868,494 9 %1,388,242 5 %Total deposits34,648,434 100 %33,446,049 100 %29,636,154 100 %Other customer funding(a)100,044 106,620 261,767 Total deposits and other customer funding$34,748,478 $33,552,669 $29,897,921 Network transaction deposits(b) $1,758,388 $1,566,139 $979,003 Net deposits and other customer funding(c)$28,713,780 $27,539,051 $28,377,001 

(a) Includes repurchase agreements and commercial paper.

(b) Included above in interest-bearing demand and money market.

(c) Total deposits and other customer funding, excluding brokered CDs and network transaction deposits.

•Total deposits, which are the Corporation's largest source of funds, increased $1