Company: ASB
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000007789-25-000116
Chunk: 26

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 2
Chunk 26
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 provided for by the other components due to qualitative factors evaluated by management, such as limitations within the credit risk grading process, known current economic or business conditions that may not yet show in trends, industry or other concentrations with current issues that impose higher inherent risks than are reflected in the loss factors, and other relevant considerations. The total allowance is available to absorb losses from any segment of the loan portfolio. 

Table 11 Allowance for Credit Losses on Loans YTDQuarter Ended(Dollars in thousands)Jun 30,2025Jun 30,2024Jun 30,2025Mar 31,2025Dec 31,2024Sep 30,2024Jun 30,2024Allowance for loan lossesBalance at beginning of period$363,545 $351,094 $371,348 $363,545 $361,765 $355,844 $356,006 Provision for loan losses34,500 48,000 18,000 16,500 14,000 19,000 21,000 Charge offs(32,062)(47,308)(18,348)(13,714)(13,770)(15,337)(23,290)Recoveries10,531 4,058 5,515 5,017 1,551 2,258 2,127 Net charge offs(21,531)(43,251)(12,833)(8,698)(12,220)(13,078)(21,163)Balance at end of period$376,515 $355,844 $376,515 $371,348 $363,545 $361,765 $355,844 Allowance for unfunded commitmentsBalance at beginning of period38,776 34,776 35,276 38,776 35,776 33,776 31,776 Provision for unfunded commitments(3,500)(1,000)— (3,500)3,000 2,000 2,000 Balance at end of period$35,276 $33,776 $35,276 $35,276 $38,776 $35,776 $33,776 Allowance for credit losses on loans$411,791 $389,620 $411,791 $406,624 $402,322 $397,541 $389,620 Provision for