Company: ASB
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0000007789-25-000116
Chunk: 267

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-07-29
Form: 10-Q
Item: Part I, Item 8
Chunk 267
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.(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.

55

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 /RateAssetsEarning assetsLoans(b)(c)Commercial and industrial$10,981,221 $179,955 6.57%$10,583,318 $169,785 6.50%$9,915,894 $181,615 7.37%Commercial real estate—owner occupied1,114,054 16,014 5.77%1,141,167 16,200 5.76%1,095,334 16,577 6.09%Commercial and business lending12,095,274 195,969 6.50%11,724,484 185,985 6.43%11,011,228 198,191 7.24%Commercial real estate—investor5,582,333 91,569 6.58%5,415,412 87,089 6.52%4,964,394 88,737 7.19%Real estate construction1,869,708 33,883 7.27%1,898,582 33,945 7.25%2,285,379 45,466 8.00%Commercial real estate lending7,452,041 125,452 6.75%7,313,994 121,034 6.71%7,249,773 134,203 7.45%Total commercial19,547,316 321,421 6.59%19,038,479 307,020 6.54%18,261,000 332,394 7.32%Residential mortgage7,034,607 64,995 3.70%7,256,320 66,823 3.68%7,905,236 69,389 3.51