Company: ASB
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000007789-25-000179
Chunk: 130

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 1
Chunk 130
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 segment to ensure consolidated totals reflect the Corporation's consolidated financial information.Indirect expenses incurred by certain centralized support areas (including facilities, information technology services and applications, management expenses, and FDIC expense) are allocated to segments based on actual usage (for example, volume measurements or FTEs) and other criteria. Certain types of administrative expense and bank-wide expense accruals (including, when applicable, amortization of CDIs and other intangible assets associated with acquisitions, acquisition-related costs, and asset gains on disposed business units) are generally not allocated and remain in the Risk Management and Shared Services segment. This allocation is reflected as allocated indirect expense in the accompanying tables. Income tax expense (benefit) is allocated to segments based on the Corporation’s estimated effective tax rate, with certain segments adjusted for any tax-exempt income or non-deductible expenses. 

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Financial information about the Corporation’s segments is presented below:As of and for the three months ended September 30, 2025(in thousands)Corporate and Commercial SpecialtyCommunity, Consumer and BusinessRisk Management and Shared ServicesConsolidated CorporationNet segment interest income (expense)$246,829 $68,027 $(9,634)$305,222 Net intersegment interest (expense) income(104,695)136,142 (31,447)— Net interest income (expense)142,134 204,169 (41,081)305,222 Noninterest income17,882 53,670 9,713 81,265 Total income (expense) before provision160,016 257,839 (31,368)386,487 Provision for credit losses20,424 6,437 (10,861)16,000 Total income (expense) after provision139,592 251,402 (20,507)370,487 Noninterest expensePersonnel21,287 62,335 52,081 135,703 Technology(a)903 13,179 14,508 28,590 Occupancy(a)23 24 12,710 12,757 Business development and advertising787 778 6,797 8,362 Equipment(a)— 1,274 3,094 4,368 Legal and professional 337 563 4,332 5,232 Loan and foreclosure costs111 979 548 1,638 FDIC assessment— — 9,980 9,