Company: ASB
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000007789-25-000179
Chunk: 5

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 2
Chunk 5
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7,733 3.77%259,209 8,551 4.41%Other short-term funding22,597 907 5.37%508,913 19,285 5.06%FHLB advances2,672,351 86,944 4.35%1,907,104 80,612 5.65%Other long-term funding604,410 32,526 7.18%573,676 32,012 7.44%Total short and long-term funding3,573,561 128,110 4.79%3,248,902 140,461 5.77%Total interest-bearing liabilities and related interest expense32,458,126 $737,250 3.04%30,573,791 $819,377 3.58%Noninterest-bearing demand deposits5,695,818 5,748,446 Other liabilities477,597 537,432 Stockholders’ equity4,728,828 4,226,487 Total liabilities and stockholders’ equity$43,360,369 $41,086,156 Interest rate spread2.45%2.08%Net free funds0.57%0.69%Fully tax-equivalent net interest income and net interest margin$903,867 3.02%$788,199 2.77%Fully tax-equivalent adjustment(12,705)(11,239)Net interest income$891,163 $776,960 

(a) Prior periods have been adjusted to conform with current period presentation.(b) The yield on tax-exempt loans and securities is computed on a fully tax-equivalent basis using a tax rate of 21%.

(c) Nonaccrual loans and loans held for sale have been included in the average balances.

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Table 2 Net Interest Income Analysis  Three Months Ended, Sep 30, 2025June 30, 2025Sep 30, 2024(a) (Dollars in thousands)AverageBalanceInterestIncome /ExpenseAverageYield /RateAverageBalanceInterestIncome /ExpenseAverageYield /RateAverageBalanceInterestIncome /ExpenseAverageYield /RateAssetsEarning assetsLoans(b)(c)Commercial and industrial$11,367,533 $187,046 6.53%$10,981,221 $179,955 6.57%$9,884,