Company: ASB
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000007789-25-000116
Chunk: 4

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 2
Chunk 4
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Total interest-bearing deposits28,872,038 406,796 2.84%27,151,147 447,293 3.31%Federal funds purchased and securities sold under agreements to repurchase297,963 5,626 3.81%238,950 5,166 4.35%Other short-term funding24,408 695 5.74%503,602 12,646 5.05%FHLB advances2,413,352 50,979 4.26%1,986,221 55,814 5.65%Other long-term funding610,064 21,785 7.14%536,388 20,154 7.51%Total short and long-term funding3,345,786 79,085 4.76%3,265,160 93,780 5.77%Total interest-bearing liabilities and related interest expense32,217,824 $485,881 3.04%30,416,308 $541,073 3.58%Noninterest-bearing demand deposits5,644,554 5,797,084 Other liabilities483,247 545,526 Stockholders’ equity4,681,901 4,173,793 Total liabilities and stockholders’ equity$43,027,526 $40,932,710 Interest rate spread2.44%2.07%Net free funds0.57%0.70%Fully tax-equivalent net interest income and net interest margin$594,423 3.01%$521,967 2.77%Fully tax-equivalent adjustment8,483 7,516 Net interest income$585,940 $514,451 

(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, Jun 30, 2025Mar 31, 2025(a)Jun 30, 2024(a) (Dollars in thousands)AverageBalanceInterestIncome /ExpenseAverageYield /RateAverageBalanceInterestIncome /ExpenseAverageYield /RateAverageBalanceInterestIncome /ExpenseAverageYield /RateAssetsE