Company: ASB
Filing Date: 2025-02-12
Form Type: 10-K
Source: 0000007789-25-000013
Chunk: 35

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-02-12
Form: 10-K
Item: Item 8
Chunk 35
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 in thousands)20242023Balance at beginning of year$5,406 $3,376 New loans17,395 2,564 Repayments(2,359)(253)Change due to status of executive officers and directors838 (280)Balance at end of year$21,280 $5,406 

100

The following table presents loans by credit quality indicator by origination year at December 31, 2024:Term Loans Amortized Cost Basis by Origination Year(a)($ in thousands)Rev Loans Converted to Term(a)Rev Loans Amortized Cost Basis20242023202220212020PriorTotalCommercial and industrial:Risk rating:Pass$248 $1,841,790 $2,656,953 $1,514,277 $2,254,758 $1,080,180 $263,286 $510,301 $10,121,545 Special mention— 48,829 4,037 4,810 63,390 6,984 515 48 128,613 Substandard2,015 40,240 90,240 9,677 34,730 126,134 3,347 131 304,500 Nonaccrual42 — 772 4,468 12,988 855 — — 19,084 Commercial and industrial$2,306 $1,930,860 $2,752,002 $1,533,233 $2,365,866 $1,214,154 $267,148 $510,480 $10,573,741 Commercial real estate - owner occupied:Risk rating:Pass$— $13,760 $228,913 $175,059 $180,132 $214,237 $114,064 $181,982 $1,108,147 Special mention— — — 497 — 8,619 — 2,803 11,920 Substandard— 943 2,532 10,009 1,492 701 3,371 3,125 22,173 Nonaccrual— — — 1,501 — — — — 1,501 Commercial real estate - owner occupied$— $14,703 $231,446