Company: ASB
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000007789-25-000179
Chunk: 75

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 1
Chunk 75
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Investment securities are designated as AFS, HTM, or equity on the consolidated balance sheets. The amortized cost and fair values of AFS and HTM securities at September 30, 2025 were as follows:(in thousands)AmortizedCostGrossUnrealizedGainsGrossUnrealized(Losses)Fair ValueAFS investment securitiesObligations of state and political subdivisions (municipal securities)$3,063 $1 $(45)$3,019 Residential mortgage-related securities:FNMA/FHLMC128,541 907 (5,888)123,560 GNMA4,827,672 34,848 (295)4,862,225 Commercial mortgage-related securities:FNMA/FHLMC18,054 — (1,055)16,999 GNMA114,247 — (4,317)109,930 Asset backed securities:FFELP98,889 39 (731)98,198 SBA363 — (15)348 Other debt securities3,000 — — 3,000 Total AFS investment securities$5,193,828 $35,796 $(12,346)$5,217,278 HTM investment securitiesU.S. Treasury securities$995 $19 $— $1,014 Obligations of state and political subdivisions (municipal securities)1,637,318 1,640 (153,562)1,485,396 Residential mortgage-related securities:FNMA/FHLMC836,619 19,924 (150,818)705,725 GNMA40,301 60 (2,490)37,871 Private-label307,569 7,019 (53,549)261,038 Commercial mortgage-related securities:FNMA/FHLMC766,482 8,503 (125,634)649,352 GNMA46,855 166 (5,023)41,998 Total HTM investment securities$3,636,139 $37,331 $(491,077)$3,182,394 

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The amortized cost and fair values of AFS and HTM securities at December 31, 2024 were as follows:(in thousands)AmortizedCostGrossUnrealizedGainsGross