Company: ASB
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000007789-25-000116
Chunk: 63

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 1
Chunk 63
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Table of Contents

PART I - FINANCIAL INFORMATIONITEM 1.Financial Statements: 

ASSOCIATED BANC-CORP

Consolidated Balance Sheets Jun 30, 2025Dec 31, 2024 (in thousands, except share and per share data)(Unaudited)(Audited)AssetsCash and due from banks$521,167 $544,059 Interest-bearing deposits in other financial institutions738,938 453,590 Federal funds sold and securities purchased under agreements to resell— 21,955 AFS investment securities, at fair value5,036,508 4,581,434 HTM investment securities, net, at amortized cost3,672,101 3,738,687 Equity securities25,912 23,242 FHLB and Federal Reserve Bank stocks, at cost278,356 179,665 Residential loans held for sale96,804 646,687 Commercial loans held for sale8,406 32,634 Loans30,607,605 29,768,586 Allowance for loan losses(376,515)(363,545)Loans, net30,231,091 29,405,041 Tax credit and other investments247,111 258,886 Premises and equipment, net377,372 379,093 Bank and corporate owned life insurance691,470 689,000 Goodwill1,104,992 1,104,992 Other intangible assets, net27,255 31,660 Mortgage servicing rights, net85,245 87,683 Interest receivable168,627 167,772 Other assets682,373 676,987 Total assets$43,993,729 $43,023,068 Liabilities and stockholders' equityNoninterest-bearing demand deposits$5,782,487 $5,775,657 Interest-bearing deposits28,365,079 28,872,777 Total deposits34,147,565 34,648,434 Short-term funding75,585 470,369 FHLB advances3,879,489 1,853,807 Other long-term funding593,530 837,635 Allowance for unfunded commitments35,276 38,776 Accrued expenses and other liabilities481,503 568,485 Total liabilities$39,212,948