Company: ASB
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000007789-25-000179
Chunk: 133

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 1
Chunk 133
---
396 759,086 (118,300)1,098,182 Provision for credit losses59,806 18,871 (31,678)46,999 Total income (expense) after provision397,590 740,215 (86,622)1,051,183 Noninterest expensePersonnel62,762 178,847 144,984 386,593 Technology(b)2,336 39,126 40,775 82,237 Occupancy(b)56 83 40,643 40,782 Business development and advertising2,973 2,583 16,940 22,496 Equipment(b)1 3,804 9,584 13,389 Legal and professional 759 1,898 15,332 17,989 Loan and foreclosure costs1,182 3,495 2,260 6,937 FDIC assessment— — 30,124 30,124 Other intangible amortization— — 6,608 6,608 Other noninterest expense2,597 23,260 3,160 29,017 Allocated indirect expense (income)64,987 158,406 (223,393)— Total noninterest expense137,653 411,502 87,018 636,173 Net income (loss) before income taxes259,937 328,713 (173,640)415,010 Income tax expense (benefit)49,500 69,030 (41,168)77,362 Net income (loss)$210,437 $259,683 $(132,472)$337,648 (a) An unusual item of a $7.0 million loss on mortgage portfolio sale as a result of the settlement of the mortgage sale announced in the fourth quarter of 2024 is included within the noninterest income (expense) caption.(b) A portion of total depreciation expense of $0.2 million, $8.0 million, and $29.8 million for the Corporate and Commercial Specialty, Community Consumer and Business, and Risk Management and Shared Services segments, respectively, is included in this expense caption.

49

As of and for the nine months ended September 30, 2024(in thousands)Corporate and Commercial SpecialtyCommunity, Consumer and BusinessRisk Management and Shared ServicesConsolidated CorporationNet segment interest income (expense)$734,