Company: ASB
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000007789-25-000116
Chunk: 254

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 8
Chunk 254
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 Noninterest expensePersonnel20,149 56,641 50,204 126,994 Technology(a)842 12,903 12,763 26,508 Occupancy(a)33 31 12,580 12,644 Business development and advertising1,252 968 5,528 7,748 Equipment(b)— 1,427 3,067 4,494 Legal and professional 220 527 5,927 6,674 Loan and foreclosure costs260 1,172 1,273 2,705 FDIC assessment— — 9,708 9,708 Other intangible amortization— — 2,203 2,203 Other noninterest expense934 8,001 739 9,674 Allocated indirect expense (income)22,112 52,884 (74,996)— Total noninterest expense45,802 134,554 28,996 209,352 Net income (loss) before income taxes84,362 113,080 (57,813)139,629 Income tax expense (benefit)15,968 23,747 (11,316)28,399 Net income (loss)$68,394 $89,333 $(46,497)$111,230 Loans$17,617,892 $12,531,178 $458,535 $30,607,605 Allocated goodwill525,836 579,156 — 1,104,992 Total assets18,431,586 13,403,906 12,158,236 43,993,729 (a) A portion of total depreciation expense of $0.1 million, $2.7 million, and $9.3 million for the Corporate and Commercial Specialty, Community Consumer and Business, and Risk Management and Shared Services segments, respectively, is included in this expense caption.

46

As of and for the three months ended June 30, 2024(in thousands)Corporate and Commercial SpecialtyCommunity, Consumer and BusinessRisk Management and Shared ServicesConsolidated CorporationNet segment interest income (expense)$245,797 $63,207 $(52,411)$256,593 Net intersegment interest (expense) income(110,719)146,814 (36,095)— Net interest income (expense)135,078 210,021