Company: ASB
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000007789-25-000179
Chunk: 242

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 8
Chunk 242
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 2,224 — 2,224 — Interest rate-related instruments designated as hedging instruments(d)46 46 — 46 — Foreign currency exchange forwards designated as hedging instruments(d)866 866 — 866 — Interest rate-related and other instruments not designated as hedging instruments(d)110,250 110,250 — 110,250 — Foreign currency exchange forwards not designated as hedging instruments(d)2,952 2,952 — 2,952 — Forward commitments to sell residential mortgage loans450 450 — — 450 Total selected liabilities at fair value$39,213,059 $39,218,558 $— $12,339,588 $26,878,970 (a) A portion of network transaction deposits are included within this deposit category.(b) When the estimated fair value is less than the carrying value, the carrying value is reported as the fair value.(c) The commitment on standby letters of credit was $221.9 million at September 30, 2025. See Note 11 for additional information on the standby letters of credit and for information on the fair value of lending-related commitments.(d) Figures are presented gross before netting. See Note 9 and Note 10 for information relating to the impact of offsetting derivative assets and liabilities and cash collateral with the same counterparty where there is a legally enforceable master netting agreement in place.

42

Dec 31, 2024(in thousands)Carrying AmountFair ValueLevel 1Level 2Level 3AssetsCash and due from banks$544,059 $544,059 $544,059 $— $— Interest-bearing deposits in other financial institutions453,590 453,590 453,590 — — Federal funds sold and securities purchased under agreements to resell21,955 21,955 21,955 — — AFS investment securities:Obligations of state and political subdivisions (municipal securities)3,005 3,005 — 3,005 — Residential mortgage-related securities:FNMA / FHLMC110,928 110,928 — 110,928 — GNMA4,227,727 4,227,727 — 4,227,727 — Commercial mortgage-related securities:FNMA / FHLMC17,