Company: ASB
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000007789-25-000116
Chunk: 30

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 2
Chunk 30
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17 %5,882,508 18 %Network transaction deposits 1,792,362 5 %1,882,930 5 %1,758,388 5 %1,566,908 5 %1,502,919 5 %Brokered CDs4,072,048 12 %4,197,512 12 %4,276,309 12 %4,242,670 13 %4,061,578 12 %Other time deposits3,802,356 11 %3,720,793 11 %3,700,518 11 %3,680,914 11 %3,078,401 9 %   Total deposits$34,147,565 100 %$35,196,713 100 %$34,648,434 100 %$33,554,298 100 %$32,691,039 100 %Other customer funding(b)75,440 85,950 100,044 110,988 89,524 Total deposits and other customer funding$34,223,005 $35,282,663 $34,748,478 $33,665,286 $32,780,564 Less: Total network transaction deposits and brokered CDs5,864,410 6,080,442 6,034,697 5,809,578 5,564,497 Net deposits and other customer funding$28,358,595 $29,202,221 $28,713,780 $27,855,707 $27,216,066 Time deposits of more than $250,000775,107 767,974 757,675 742,734 546,586 

(a) Prior periods have been adjusted to conform with current period presentation.

(b) Includes repurchase agreements.

•Total deposits, which are the Corporation's largest source of funds, decreased $500.9 million, or 1% from December 31, 2024, and increased $1.5 billion, or 4%, from June 30, 2024. The decrease from December 31, 2024, was primarily driven by decreases in interest-bearing demand and brokered CDs, offset by increases in savings and other time deposits, while the increase from June 30, 2024 was driven