Company: ASB
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000007789-25-000049
Chunk: 260

Company: ASSOCIATED BANC-CORP
Filing Date: 2025-04-29
Form: 10-Q
Item: Part I, Item 8
Chunk 260
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 in interest rates(17.6)%(18.5)%100 bp decrease in interest rates7.0 %7.1 %200 bp decrease in interest rates12.5 %12.6 %

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Since MVE measures the discounted present value of cash flows over the estimated lives of instruments, the change in MVE does not directly correlate to the degree that earnings would be impacted over a shorter time horizon (i.e., the current year). Further, MVE does not take into account factors such as future balance sheet growth, changes in product mix, changes in yield curve relationships, and changes in product spreads that could mitigate the adverse impact of changes in interest rates. The MVE measure in the 200 bp increase in interest rates scenario is outside of the policy limit, which has been reported to the Corporation's Board.

The above EAR and MVE measures do not include all actions that management may undertake to manage this risk in response to anticipated changes in interest rates.

Contractual Obligations, Commitments, Off-Balance Sheet Arrangements, and Contingent Liabilities

The following table summarizes significant contractual obligations and other commitments at March 31, 2025, at those amounts contractually due to the recipient, including any unamortized premiums or discounts, hedge basis adjustments, or other similar carrying value adjustments.

Table 17 Contractual Obligations and Other Commitments($ in thousands)Note ReferenceOne Yearor LessOne toThree YearsThree toFive YearsOverFive YearsTotalTime deposits$7,835,352 $70,546 $12,401 $5 $7,918,305 Short-term funding8311,335 — — — 311,335 FHLB advances81,819,573 4,915 202,284 525 2,027,297 Other long-term funding890 183 — 591,110 591,382 Operating leases165,433 9,754 6,948 12,795 34,931 Total$9,971,784 $85,398 $221,633 $604,435 $10,883,250 

The Corporation also has obligations under its derivatives, lending-related commitments, and retirement plans as described in Note 9 Derivative and Hedging Activities, Note 11 Commitments, Off-Balance Sheet Arrangements, Legal Proceedings, and Regulatory Matters, and Note 13 Retirement Plans of the notes to