Company: ASB
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000007789-25-000049
Chunk: 88

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-04-29
Form: 10-Q
Item: Part I, Item 1
Chunk 88
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 is maintained at a level believed by management to be sufficient to absorb expected lifetime losses related to unfunded credit facilities (including unfunded loan commitments and letters of credit). See Note 11 for additional information on the change in the allowance for unfunded commitments. 

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The following table presents a summary of the changes in the ACLL by portfolio segment for the three months ended March 31, 2025:($ in thousands)Dec 31, 2024Charge offsRecoveriesNet Charge offsProvision for Credit LossesMar 31, 2025ACLL / LoansAllowance for loan lossesCommercial and industrial$136,596 $(7,692)$2,966 $(4,726)$12,343 $144,213 Commercial real estate — owner occupied9,417 — — — 2,009 11,426 Commercial and business lending146,013 (7,692)2,966 (4,726)14,352 155,639 Commercial real estate — investor71,547 (892)— (892)7,533 78,187 Real estate construction51,499 — 30 30 (5,216)46,313 Commercial real estate lending123,046 (892)30 (863)2,317 124,500 Total commercial269,060 (8,585)2,996 (5,589)16,669 280,139 Residential mortgage32,576 (239)436 197 1,388 34,160 Auto finance28,467 (2,330)811 (1,519)(916)26,032 Home equity16,620 (61)350 289 (1,193)15,716 Other consumer16,824 (2,500)424 (2,076)553 15,300 Total consumer94,486 (5,130)2,021 (3,109)(169)91,209 Total loans$363,545 $(13,714)$5,017 $(8,698)$16,500 $371,348 Allowance for unfunded commitmentsCommercial and industrial$14,456 $— $— $— $2,048 $16,504 Commercial real estate — owner occupied151 — — — (37)114 Commercial and business lending14