Company: ASB
Filing Date: 2025-02-12
Form Type: 10-K
Source: 0000007789-25-000013
Chunk: 250

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-02-12
Form: 10-K
Item: Item 7
Chunk 250
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 31 %1,604,610 59 %GNMA4,227,727 92 %2,042,675 57 %497,596 18 %Commercial mortgage-related securities:FNMA/FHLMC17,000 — %16,937 — %17,142 1 %GNMA111,475 2 %154,793 4 %110,462 4 %Asset backed securities:FFELP107,839 2 %133,975 4 %151,191 6 %SBA471 — %1,051 — %4,477 — %Other debt securities2,989 — %2,950 — %2,922 — %Total fair value and carrying value$4,581,434 100 %$3,600,892 100 %$2,742,025 100 %Net unrealized holding (losses)$(24,520)$(148,922)$(255,007)

66

Table 13 Investment Securities Portfolio (continued)At December 31,($ in thousands)2024% of Total2023% of Total2022% of TotalHTM investment securitiesAmortized costU.S. Treasury securities$1,000 — %$999 — %$999 — %Obligations of state and political subdivisions (municipal securities)1,659,722 44 %1,682,473 44 %1,732,351 44 %Residential mortgage-related securities:FNMA/FHLMC885,476 24 %941,973 24 %961,231 24 %GNMA43,693 1 %48,979 1 %52,979 1 %Private-label324,182 9 %345,083 9 %364,728 9 %Commercial mortgage-related securities:FNMA/FHLMC772,456 21 %780,995 20 %778,796 20 %GNMA52,219 1 %59,733 2 %69,369 2 %Total amortized cost and carrying value$3,738,747 100 %$3,860,235 100 %$3,960,451 100