Company: ASB
Filing Date: 2025-02-12
Form Type: 10-K
Source: 0000007789-25-000013
Chunk: 100

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-02-12
Form: 10-K
Item: Item 8
Chunk 100
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330,453 Brokered CDs(a)4,447,479 4,447,479 — 4,447,479 — Other time deposits(a)2,868,494 2,868,494 — 2,868,494 — Total deposits33,446,049 33,446,049 — 7,315,973 26,130,076 Federal funds purchased and securities sold under agreements to repurchase326,780 326,757 — 326,757 — FHLB advances1,940,194 1,944,600 — 1,944,600 — Other long-term funding541,269 534,983 — 534,983 — Standby letters of credit(b)2,157 2,157 — 2,157 — Interest rate-related instruments designated as hedging instruments(c)930 930 — 930 — Foreign currency exchange forwards designated as hedging instruments(c)2,946 2,946 — 2,946 — Interest rate-related and other instruments not designated as hedging instruments(c)195,662 195,662 — 195,662 — Foreign currency exchange forwards not designated as hedging instruments(c)2,746 2,746 — 2,746 — Forward commitments to sell residential mortgage loans673 673 — — 673 Total selected liabilities at fair value$36,459,407 $36,457,504 $— $10,326,755 $26,130,749 (a) When the estimated fair value is less than the carrying value, the carrying value is reported as the fair value.(b) The commitment on standby letters of credit was $212 million at December 31, 2023. See Note 15 for additional information on the standby letters of credit and for information on the fair value of lending-related commitments.(c) Figures are presented gross before netting. See Note 13 and Note 14 for information relating to the impact of offsetting derivative assets and liabilities and cash collateral with the same counterparty where there is a legally enforceable master netting agreement in place.The table below presents a rollforward of the consolidated balance sheets amounts for the Corporation's mortgage derivatives measured on a recurring basis and classified within Level 3 of the fair value hierarchy:($ in thousands)Interest rate lock commitments to originate