Company: ASB
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000007789-25-000116
Chunk: 246

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 8
Chunk 246
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,874,404 26,273,162 Federal funds purchased and securities sold under agreements to repurchase75,585 75,586 — 75,586 — FHLB advances3,879,489 3,881,930 — 3,881,930 — Other long-term funding593,530 596,673 — 596,673 — Standby letters of credit(b)2,386 2,386 — 2,386 — Interest rate-related instruments designated as hedging instruments(c)170 170 — 170 — Foreign currency exchange forwards designated as hedging instruments(c)3,108 3,108 — 3,108 — Interest rate-related and other instruments not designated as hedging instruments(c)123,694 123,694 — 123,694 — Foreign currency exchange forwards not designated as hedging instruments(c)2,912 2,912 — 2,912 — Forward commitments to sell residential mortgage loans1,362 1,362 — — 1,362 Total selected liabilities at fair value$38,829,803 $38,835,388 $— $12,560,864 $26,274,524 (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 $238.0 million at June 30, 2025. See Note 11 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 9 and Note 10 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.

41

Dec 31, 2024(in thousands)Carrying AmountFair ValueLevel 1Level 2Level 3AssetsCash and due from banks$544,059 $544,059 $544,059 $— $— Interest-bearing deposits in other financial institutions453,590 453,590 453,590 — — Federal funds sold and securities purchased under agreements to resell21,955 21,955 21,955 — — AFS investment securities:Obligations of