Company: ASB
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000007789-25-000179
Chunk: 68

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 1
Chunk 68
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 cash provided by operating activities:Provision for credit losses46,999 68,000 Depreciation and amortization37,959 36,414 Change in MSRs valuation2,464 959 Amortization of other intangible assets6,608 6,608 Amortization and accretion on earning assets, funding, and other, net30,520 30,998 Net amortization of tax credit investments26,307 26,307 Gains on sales of investment securities, net— (3,857)Asset (gains) losses, net(727)1,407 Loss on mortgage banking activities, net103 2,284 Loss on mortgage portfolio sale6,976 — Mortgage loans originated for sale(470,456)(450,532)Proceeds from sales of mortgage loans held for sale451,869 415,840 Changes in certain assets and liabilities:(Increase) decrease in interest receivable(678)1,792 (Decrease) increase in interest payable(28,163)19,507 (Decrease) increase in expense payable(18,790)332 Decrease in net derivative position(63,192)(61,615)Net change in other assets and other liabilities32,162 (6,084)Net cash provided by operating activities397,610 373,120 Cash flows from investing activitiesNet increase in loans(1,224,724)(795,057)Purchases of:AFS securities(1,355,308)(1,177,627)HTM securities(994)— FHLB and Federal Reserve Bank stocks and equity securities(187,426)(122,205)Proceeds from:Sales of AFS securities— 9,472 Sales of FHLB and Federal Reserve Bank stocks and equity securities112,964 196,049 Prepayments, calls, and maturities of AFS securities 761,540 660,732 Prepayments, calls, and maturities of HTM securities 106,160 92,402 Sales, prepayments, calls, and maturities of other assets18,929 12,759 Sale of mortgage portfolio564,375 — Premises, equipment, and software(28,591)(31,702)Net change in tax credit and alternative investments(16,800)(17,856)Net cash used in investing activities(1,249,875