Company: ASB
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000007789-25-000049
Chunk: 51

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-04-29
Form: 10-Q
Item: Part I, Item 1
Chunk 51
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Table of Contents

PART I - FINANCIAL INFORMATIONITEM 1.Financial Statements: 

ASSOCIATED BANC-CORP

Consolidated Balance Sheets Mar 31, 2025Dec 31, 2024 (In thousands, except share and per share data)(Unaudited)(Audited)AssetsCash and due from banks$521,323 $544,059 Interest-bearing deposits in other financial institutions711,033 453,590 Federal funds sold and securities purchased under agreements to resell105 21,955 AFS investment securities, at fair value4,796,570 4,581,434 HTM investment securities, net, at amortized cost3,705,793 3,738,687 Equity securities23,331 23,242 FHLB and Federal Reserve Bank stocks, at cost194,244 179,665 Residential loans held for sale47,611 646,687 Commercial loans held for sale7,910 32,634 Loans30,294,127 29,768,586 Allowance for loan losses(371,348)(363,545)Loans, net29,922,780 29,405,041 Tax credit and other investments254,187 258,886 Premises and equipment, net377,521 379,093 Bank and corporate owned life insurance690,551 689,000 Goodwill1,104,992 1,104,992 Other intangible assets, net29,457 31,660 Mortgage servicing rights, net86,251 87,683 Interest receivable159,729 167,772 Other assets675,748 676,987 Total assets$43,309,136 $43,023,068 Liabilities and stockholders' equityNoninterest-bearing demand deposits$6,135,946 $5,775,657 Interest-bearing deposits29,060,767 28,872,777 Total deposits35,196,713 34,648,434 Short-term funding311,335 470,369 FHLB advances2,027,297 1,853,807 Other long-term funding591,382 837,635 Allowance for unfunded commitments35,276 38,776 Accrued expenses and other liabilities460,574 568,485 Total liabilities$38,622,578