Company: ASB
Filing Date: 2025-02-12
Form Type: 10-K
Source: 0000007789-25-000013
Chunk: 99

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-02-12
Form: 10-K
Item: Item 8
Chunk 99
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 at NAV10,000 10,000 Total equity securities41,651 41,651 FHLB and Federal Reserve Bank stocks229,171 229,171 — 229,171 — Residential loans held for sale33,011 33,011 — 33,011 — Commercial loans held for sale90,303 90,303 — 90,303 — Loans, net28,865,124 27,371,086 — — 27,371,086 Bank and corporate owned life insurance682,649 682,649 — 682,649 — Mortgage servicing rights, net84,390 84,390 — — 84,390 Interest rate-related instruments designated as hedging instruments(a)8,075 8,075 — 8,075 — Foreign currency exchange forwards designated as hedging instruments(a)632 632 — 632 — Interest rate-related and other instruments not designated as hedging instruments(a)111,623 111,623 — 111,623 — Foreign currency exchange forwards not designated as hedging instruments(a)2,954 2,954 — 2,954 — Interest rate lock commitments to originate residential mortgage loans held for sale439 439 — — 439 Total selected assets at fair value$38,534,897 $36,561,249 $967,570 $8,102,995 $27,480,684 (a) Figures are presented gross before netting. See Note 13 and Note 14 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.

138

December 31, 2023($ in thousands)Carrying AmountFair ValueLevel 1Level 2Level 3LiabilitiesDeposits:Noninterest-bearing demand$6,119,956 $6,119,956 $— $— $6,119,956 Savings4,835,701 4,835,701 — — 4,835,701 Interest-bearing demand8,843,967 8,843,967 — — 8,843,967 Money market6,330,453 6,330,453 — — 6,