Company: ASB
Filing Date: 2025-02-12
Form Type: 10-K
Source: 0000007789-25-000013
Chunk: 103

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-02-12
Form: 10-K
Item: Item 8
Chunk 103
---
able fair valuesLevel 324,671 Investment securities gains (losses), net5,785 (a) Includes the full year impact on the consolidated statements of income.(b) If the fair value of the collateral exceeds the carrying amount of the asset, no charge off or adjustment is necessary, the asset is not considered to be carried at fair value, and is therefore not included in the table. (c) When a property's value is written down at the time it is transferred to OREO, the charge off is booked to the provision for credit losses. When a property is already in OREO and subsequently written down, the charge off is booked to other noninterest expense.The table below presents the unobservable inputs that are readily quantifiable pertaining to Level 3 measurements:December 31, 2024Valuation TechniqueSignificant Unobservable InputRange of InputsWeighted Average Input AppliedMortgage servicing rightsDiscounted cash flowOption adjusted spread5%-8%5%Mortgage servicing rightsDiscounted cash flowConstant prepayment rate—%-100%4%Individually evaluated loansAppraisals / discounted cash flowCollateral / discount factor—%-77%61%Interest rate lock commitments to originate residential mortgage loans held for saleDiscounted cash flowClosing ratio55%-100%92%

140

Note 18 Regulatory Matters 

Regulatory Capital RequirementsThe Corporation and its subsidiary bank are subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possible additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Corporation’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Corporation must meet specific capital guidelines that involve quantitative measures of the Corporation’s assets, liabilities, and certain off-balance sheet items as calculated under regulatory accounting practices. The Corporation’s capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors.Quantitative measures established by regulation to ensure capital adequacy require the Corporation to maintain minimum amounts and ratios (set forth in the table below) of total and CET1 capital to risk-weighted assets, and of tier 1 capital to average assets. Management believes, as of December 31, 2024 and 2023, that the Corporation meets all capital adequacy requirements to which it is subject.For additional information on the capital requirements applicable for the Corporation and the Bank, please see Part I, Item 1.As