Company: ASB
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000007789-25-000049
Chunk: 97

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-04-29
Form: 10-Q
Item: Part I, Item 1
Chunk 97
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 was $9 million at March 31, 2025 and was approximately $250,000 at December 31, 2024. For fair value information and disclosures and for the Corporation's accounting policy for derivative and hedging activities, see the Fair Value Measurements and Summary of Significant Accounting Policies notes in the Corporation's 2024 Annual Report on Form 10-K.

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The following table presents the total notional amounts and gross fair values of the Corporation's derivatives, as well as the balance sheet netting adjustments: Mar 31, 2025Dec 31, 2024AssetLiabilityAssetLiability($ in thousands)Notional AmountFair ValueNotional AmountFair ValueNotional AmountFair ValueNotional AmountFair ValueDesignated as hedging instruments:Interest rate-related instruments(a)$2,750,000 $8,813 $250,000 $418 $1,950,000 $2,960 $1,150,000 $2,976 Foreign currency exchange forwards302,233 1,460 41,696 115 127,518 2,457 216,665 563 Total designated as hedging instruments10,273 533 5,418 3,539 Not designated as hedging instruments:Interest rate-related and other instruments4,040,636 81,446 6,835,672 136,453 3,858,867 88,541 6,992,894 170,928 Foreign currency exchange forwards105,979 2,085 39,418 1,846 68,028 4,315 74,199 4,106 Mortgage banking(b)55,617 988 100,500 583 28,580 580 85,000 — Total not designated as hedging instruments84,518 138,883 93,436 175,034 Gross derivatives before netting94,791 139,416 98,854 178,573 Less: Legally enforceable master netting agreements14,744 14,744 12,667 12,667 Less: Cash collateral pledged/received19,389 140 35,190 250 Total derivative instruments, after netting$60,658 $124,532 $50,997 $165,656 (a) The notional amounts of the interest rate-related instruments designated as hedging