Company: ASB
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000007789-25-000116
Chunk: 80

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 1
Chunk 80
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Residential mortgage-related securities:FNMA/FHLMC885,476 — — — 885,476 GNMA43,693 — — — 43,693 Private-label324,182 — — — 324,182 Commercial mortgage-related securities:FNMA/FHLMC772,456 — — — 772,456 GNMA 52,219 — — — 52,219 Total HTM securities$2,846,177 $883,438 $4,911 $4,221 $3,738,747 The following table summarizes gross realized gains and losses on AFS securities, the gain or loss on sale and fair value adjustment of equity securities, and proceeds from the sale of AFS investment securities:Three Months Ended Jun 30,Six Months Ended Jun 30,(in thousands)2025202420252024Gross realized (losses) on AFS securities$— $— $— $(197)Gain on sale of equity securities— — — 4,054 Fair value adjustment of equity securities4 67 11 90 Investment securities gains, net$4 $67 $11 $3,947 Proceeds from sales of AFS investment securities$— $— $— $9,472 Investment securities with a carrying value of $1.2 billion and $1.5 billion at June 30, 2025 and December 31, 2024, respectively, were pledged as required to secure certain deposits or for other purposes.Accrued interest receivable on HTM securities totaled $17.8 million and $18.1 million at June 30, 2025 and December 31, 2024, respectively. Accrued interest receivable on AFS securities totaled $22.7 million and $21.4 million at June 30, 2025 and December 31, 2024, respectively. Accrued interest receivable on both HTM and AFS securities is included in interest receivable on the consolidated balance sheets.The allowance for credit losses on HTM securities was $0.1 million at both June 30, 2025 and December 31, 2024, attributable entirely to the Corporation's municipal securities, included in HTM investment securities, net, at amortized cost on the consolidated balance sheets