Associated Banc-Corp
(NYSE:ASB)

Associated Banc-Corp, a bank holding company, provides various banking and nonbanking products to individuals and businesses in Wisconsin, Illinois, and Minnesota. The company operates through three segments: Corporate and Commercial Specialty; Community, Consumer, and Business; and Risk Management ...

Website: http://www.associatedbank.com

Founded: 1861

Full Time Employees: 4,568

Sector: Financial Services

Industry: Banks-Regional

Regional Bank

Share this website to your friends

• Market Cap:

• Exchange:

• Shs Outstanding:

• Employees:

• Beta:

• Return on Equity (ROE) ttm:

• Return on Assets (ROA) ttm:

• EPS ttm:

• Book value per Share:

• Cash per Share:

• Current ast per Share:

• P/E ttm:

• P/E forward:

• P/E ttm high:

• P/E ttm low:

• P/S ttm:

• P/B ttm:

• P/FCF ttm:

• PEG ratio:

• Cash Ratio ttm:

• Quick Ratio ttm:

• Current Ratio ttm:

• Gross Mgn ttm:

• EBITDA Mgn ttm:

• Operating Mgn ttm:

• Net Income Mgn ttm:

• Trailing Div yield:

• Forward Div yield:

• Payout Ratio ttm:

• Ex-Dividend date:

• Target Price High:

• Target Price Low:

• Target Price Mean:

• Number of Analysts:

• Debt Ratio ttm:

• Debt to Equity ttm:

• Total Net Debt:

At a glance:

Bull Thesis:

Bear Thesis:

Main Competitors:

Moat:

Income Statements:

Quarterly

Annual

Unit: USD	2026-03-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2017-12-31	2017-09-30	2016-12-31

interest income
interest and fees on loans	426,989,000	455,623,000	447,781,000	433,299,000	453,253,000	465,728,000	456,788,000	454,472,000	457,868,000	447,912,000	423,307,000	391,320,000	349,403,000	275,666,000	199,876,000	167,697,000	170,809,000	174,643,000	174,228,000	174,049,000	185,935,000	182,625,000	191,895,000	224,786,000	229,883,000	248,579,000	260,784,000	258,853,000	260,661,000	249,649,000	246,646,000	194,133,000	196,972,000
interest and dividends on investment securities
taxable	75,676,000	73,727,000	71,174,000	69,702,000	50,524,000	51,229,000	50,278,000	46,548,000	41,809,000	38,210,000	35,845,000	30,142,000	21,435,000	19,221,000	18,317,000	16,472,000	13,316,000	8,745,000	8,840,000	7,014,000	9,742,000	13,689,000	16,103,000	20,272,000	21,056,000	23,485,000	26,710,000	29,053,000	29,119,000	29,895,000	30,623,000	25,614,000	24,162,000
tax-exempt	13,738,000	13,888,000	13,902,000	13,956,000	14,469,000	14,660,000	14,669,000	14,774,000	15,273,000	15,941,000	15,994,000	16,025,000	16,666,000	16,538,000	16,379,000	16,108,000	15,569,000	14,613,000	14,366,000	14,162,000	14,299,000	14,523,000	14,616,000	14,882,000	14,615,000	14,491,000	14,643,000	13,816,000	12,899,000	11,883,000	10,783,000	8,437,000	8,268,000
other interest	11,641,000	13,353,000	12,679,000	8,920,000	10,478,000	8,701,000	8,539,000	7,595,000	10,418,000	6,575,000	6,086,000	5,329,000	3,779,000	3,284,000	2,420,000	1,993,000	2,031,000	2,281,000	1,826,000	1,694,000	1,699,000	2,238,000	2,231,000	3,304,000	3,557,000	4,865,000	3,995,000	4,226,000	3,257,000	4,036,000	3,153,000	2,138,000	2,492,000
total interest income	528,044,000	556,591,000	545,536,000	525,877,000	528,724,000	540,318,000	530,274,000	523,388,000	525,367,000	508,637,000	481,231,000	442,817,000	391,283,000	314,708,000	236,991,000	202,270,000	201,727,000	200,282,000	199,260,000	196,920,000	211,675,000	213,075,000	224,845,000	263,244,000	269,110,000	291,420,000	306,133,000	305,948,000	305,936,000	295,464,000	291,205,000	230,322,000	231,894,000
interest expense
interest on deposits	175,273,000	202,344,000	197,656,000	209,140,000	222,888,000	231,623,000	221,062,000	226,231,000	208,875,000	193,131,000	162,196,000	109,422,000	60,719,000	26,000,000	8,019,000	3,571,000	3,677,000	4,427,000	4,609,000	5,909,000	7,762,000	10,033,000	13,178,000	36,666,000	45,878,000	61,585,000	67,050,000	62,773,000	54,159,000	50,116,000	38,431,000	28,143,000	27,778,000
interest on federal funds purchased and securities sold under agreements to repurchase	3,732,000	2,107,000	2,004,000	3,622,000	3,203,000	3,385,000	2,303,000	2,863,000	3,734,000	3,100,000	2,261,000	3,143,000	2,280,000	756,000	406,000	38,000	40,000	48,000	30,000	26,000	31,000	34,000	51,000	368,000	521,000	145,000	286,000	627,000	442,000	504,000	538,000	420,000	768,000
interest on fhlb advances	31,570,000	35,965,000	34,889,000	16,090,000	17,908,000	24,799,000	34,143,000	21,671,000	49,170,000	48,143,000	49,261,000	49,960,000	36,824,000	20,792,000	9,689,000	8,182,000	8,514,000	8,962,000	9,524,000	9,493,000	9,888,000	14,375,000	15,470,000	17,626,000	16,622,000	15,896,000	17,744,000	19,554,000	19,948,000	19,318,000	21,279,000
interest on senior and subordinated debt	10,163,000
interest on other interest-bearing liabilities	116,000
total interest expense	220,854,000	251,369,000	245,536,000	239,937,000	258,435,000	277,809,000	273,681,000	265,530,000	271,965,000	254,394,000	223,314,000	168,807,000	102,294,000	50,270,000	20,845,000	14,522,000	14,963,000	16,607,000	19,745,000	21,018,000	23,682,000	30,925,000	34,973,000	60,303,000	68,967,000	85,054,000	92,513,000	90,401,000	81,981,000	76,072,000	64,843,000	43,317,000	41,772,000
net interest income	307,190,000	305,222,000	300,000,000	285,941,000	270,288,000	262,509,000	256,593,000	257,858,000	253,402,000	254,244,000	257,917,000	274,010,000	288,989,000	264,439,000	216,146,000	187,747,000	186,763,000	183,675,000	179,515,000	175,902,000	187,993,000	182,150,000	189,872,000	202,942,000	200,142,000	206,365,000	213,619,000	215,547,000	223,955,000	219,392,000	226,362,000	187,005,000	190,122,000
provision for credit losses	11,001,000	16,000,000	17,996,000	13,003,000	16,986,000	20,991,000	23,008,000	24,001,000	21,007,000	21,943,000	22,100,000	17,971,000	19,992,000	16,998,000	-2,000	-3,990,000	-5,993,000	-24,010,000	-35,004,000	-23,004,000	16,997,000	43,009,000			4,000,000	2,000,000	8,000,000	6,000,000	-250,000	-5,000,000	4,000,000		5,000,000
net interest income after provision for credit losses	296,189,000	289,223,000	282,004,000	272,938,000	253,303,000	241,518,000	233,585,000	233,857,000	232,395,000	232,301,000	235,817,000	256,039,000	268,997,000	247,440,000	216,148,000	191,737,000	192,756,000	207,685,000	214,519,000	198,906,000	170,996,000	139,141,000			154,883,000	204,365,000	205,619,000	209,547,000	222,955,000	224,392,000	222,362,000	187,005,000	185,122,000
noninterest income
wealth management fees	25,219,000	25,315,000	23,025,000	22,498,000	24,103,000	24,144,000	22,628,000	21,694,000	21,003,000	20,828,000	20,483,000	20,189,000	20,403,000	19,984,000	21,332,000	22,404,000	22,625,000	22,110,000	22,706,000	22,414,000	22,073,000	21,152,000	20,916,000	20,816,000	21,582,000	21,015,000	20,691,000	20,180,000
service charges and deposit account fees	14,054,000	13,861,000	13,147,000	12,814,000	13,232,000	13,708,000	12,263,000	12,439,000	10,815,000	12,864,000	12,372,000	12,994,000	13,918,000	15,029,000	16,506,000	16,856,000	17,040,000	16,962,000	15,549,000	14,855,000	15,318,000	14,283,000	11,484,000	15,222,000
card-based fees	11,579,000	12,308,000	11,200,000	10,442,000	11,948,000	11,731,000	11,975,000	11,267,000	11,528,000	11,510,000	11,396,000	10,586,000	11,167,000	11,479,000	11,442,000	9,926,000	11,176,000	11,113,000	10,982,000	9,743,000	9,849,000	10,195,000	8,893,000	9,597,000	9,907,000	10,456,000	10,131,000	9,261,000
other fee-based revenue	4,862,000	5,414,000	4,995,000	5,251,000	5,183,000	5,057,000	4,857,000	4,402,000	4,019,000	4,509,000	4,465,000	4,276,000	3,290,000	4,487,000	4,360,000	3,766,000	4,317,000	3,929,000	4,244,000	4,596,000	4,998,000	4,968,000	4,774,000	4,497,000	4,696,000	5,085,000	5,178,000	3,983,000
capital markets	6,543,000	10,764,000	5,765,000	4,345,000	9,032,000	4,317,000	4,685,000	4,050,000	9,105,000	5,368,000	5,093,000	5,083,000	5,586,000	7,675,000	8,010,000	8,646,000	9,674,000	7,114,000	5,696,000	8,118,000	5,899,000	7,222,000	6,910,000	7,935,000	7,647,000	4,300,000	4,726,000	3,189,000	4,931,000	5,099,000	4,783,000
mortgage banking	6,111,000	3,541,000	4,213,000	3,822,000	3,387,000	2,132,000	2,505,000	2,662,000	1,615,000	6,501,000	7,768,000	3,545,000	2,238,000	2,098,000	6,145,000	8,391,000	8,041,000	10,657,000	8,128,000	23,925,000	14,537,000	12,636,000	12,263,000	6,143,000	6,760,000	10,940,000	9,466,000	4,712,000	3,271,000	4,012,000	6,258,000	3,169,000	6,585,000
loss on mortgage portfolio sale				-6,976,000
bank and corporate owned life insurance	3,816,000	4,051,000	4,135,000	5,204,000	2,321,000	4,001,000	4,584,000	2,570,000	3,384,000	2,047,000	2,172,000	2,664,000	3,427,000	1,827,000	4,106,000	2,071,000	4,703,000	2,760,000	3,088,000	2,702,000	3,978,000	3,074,000	3,625,000	3,094,000	3,363,000	4,337,000	3,352,000	3,792,000	3,246,000	3,540,000	3,978,000
asset gains	840,000	3,340,000			365,000	-474,000		-306,000	-136,000	625,000	-299,000	263,000	-545,000	18,000	1,677,000	188,000	985,000	5,228,000	-14,000	4,809,000	-1,356,000	-339,000	157,361,000	-77,000	397,000	877,000	871,000	567,000	-2,456,000	-1,037,000	2,497,000	-528,000	-16,000
investment securities gains	-28,000	1,000	7,000	4,000	-148,194,000	100,000	67,000	3,879,000	-58,958,000	-11,000	14,000	51,000	-1,930,000	5,664,000	-8,000	21,000			24,000	-39,000		7,000	3,096,000	6,118,000	26,000	3,788,000	463,000	1,680,000		30,000	-2,015,000	75,000	3,000
other	2,861,000	2,670,000	2,226,000	2,251,000	2,256,000	2,504,000	2,222,000	2,327,000	2,850,000	2,339,000	2,080,000	2,422,000	4,102,000	2,527,000	1,888,000	2,198,000	2,855,000	2,116,000	2,918,000	3,141,000	2,879,000	2,232,000	2,737,000	2,352,000	2,821,000	2,537,000	2,547,000	3,260,000	1,522,000	2,802,000	2,235,000	2,777,000	2,254,000
total noninterest income	75,857,000	81,265,000	66,977,000	58,776,000	-206,772,000	67,221,000	65,159,000	64,985,000	-131,013,000	66,579,000	65,543,000	62,073,000	61,657,000	70,788,000	75,458,000	74,467,000	81,502,000	82,076,000	73,443,000	95,343,000	85,714,000	75,545,000	254,490,000	98,306,000	92,934,000	100,850,000	95,837,000	91,202,000	84,046,000	88,300,000	92,842,000	84,544,000	85,895,000
noninterest expense
personnel	135,172,000	135,703,000	126,994,000	123,897,000	125,944,000	121,036,000	121,581,000	119,395,000	120,686,000	117,159,000	114,089,000	116,420,000	118,381,000	118,243,000	112,666,000	104,811,000	107,787,000	107,880,000	106,994,000	104,026,000	98,034,000	108,567,000	111,350,000	114,200,000	120,614,000	123,170,000	123,228,000	120,050,000	116,535,000	124,476,000	123,980,000
technology	29,736,000	28,590,000	26,508,000	27,139,000	26,984,000	27,217,000	27,161,000	26,200,000	28,028,000	26,172,000	24,220,000	23,598,000	25,299,000	22,694,000	21,223,000	21,485,000	20,787,000	19,927,000	20,236,000	20,740,000	19,575,000	19,666,000	21,174,000	20,799,000	22,731,000	20,572,000	20,114,000	19,012,000	17,944,000	17,563,000	19,452,000	17,878,000	15,233,000
occupancy	13,725,000	12,757,000	12,644,000	15,381,000	14,325,000	13,536,000	13,128,000	13,633,000	14,429,000	14,125,000	13,587,000	15,063,000	15,846,000	13,717,000	14,151,000	16,080,000	16,864,000	15,814,000	14,679,000	16,156,000	15,678,000	17,854,000	14,464,000	16,069,000	16,933,000	15,164,000	13,830,000	16,472,000	14,174,000	14,519,000	15,071,000	13,497,000	12,294,000
business development and advertising	7,827,000	8,362,000	7,748,000	6,386,000	7,407,000	6,683,000	7,535,000	6,517,000	8,351,000	7,100,000	7,106,000	5,849,000	8,137,000	6,778,000	5,655,000	4,954,000	5,627,000	6,156,000	4,970,000	4,395,000	5,421,000	3,626,000	3,556,000	5,826,000	8,316,000	7,991,000	6,658,000	6,636,000	8,950,000	8,213,000	7,067,000	8,195,000	7,764,000
equipment	5,610,000	4,368,000	4,494,000	4,527,000	4,729,000	4,653,000	4,450,000	4,599,000	4,742,000	5,016,000	4,975,000	4,930,000	4,791,000	4,921,000	4,960,000	4,960,000	4,905,000	5,200,000	5,481,000	5,518,000	5,555,000	5,399,000	5,312,000	5,439,000	5,970,000	6,335,000	5,577,000	5,668,000	5,896,000	5,838,000	5,953,000	5,250,000	5,232,000
legal and professional	6,721,000	5,232,000	6,674,000	6,083,000	6,861,000	5,639,000	4,429,000	4,672,000	6,762,000	4,461,000	4,831,000	3,857,000	4,132,000	4,159,000	4,873,000	5,087,000	4,428,000	4,304,000	6,661,000	6,530,000	5,737,000	5,591,000	5,058,000	5,160,000	5,559,000	5,724,000	4,668,000	3,951,000	5,888,000	5,476,000	6,284,000
loan and foreclosure costs	1,707,000	1,638,000	2,705,000	2,594,000	1,952,000	2,748,000	1,793,000	1,979,000	586,000	2,049,000	1,635,000	1,138,000	804,000	1,631,000	1,476,000	2,014,000	1,635,000	1,616,000	2,671,000	2,220,000	3,758,000	2,118,000	3,605,000	3,120,000	3,262,000	1,638,000
fdic assessment	8,837,000	9,980,000	9,708,000	10,436,000	9,139,000	8,223,000	7,131,000	13,946,000	41,497,000	9,150,000	9,550,000	6,875,000	6,350,000	5,800,000	5,400,000	5,100,000	4,800,000	5,000,000	3,600,000	4,750,000	5,700,000	3,900,000	5,250,000	5,500,000	4,000,000	4,000,000	4,500,000	3,750,000	5,750,000	7,750,000	8,250,000
other intangible amortization	2,203,000	2,203,000	2,203,000	2,203,000	2,203,000	2,203,000	2,203,000	2,203,000	2,203,000	2,203,000	2,203,000	2,203,000	2,203,000	2,203,000	2,203,000	2,203,000	2,202,000	2,203,000	2,203,000	2,236,000	2,253,000	2,253,000	2,872,000	2,814,000	2,711,000	2,686,000	2,324,000	2,226,000	2,233,000	2,233,000	2,168,000	500,000	450,000
total noninterest expense	219,163,000	216,202,000	209,352,000	210,619,000	224,282,000	200,597,000	195,861,000	197,657,000	239,391,000	196,205,000	190,673,000	187,412,000	196,560,000	195,791,000	181,420,000	173,292,000	182,211,000	177,892,000	174,475,000	175,347,000	172,850,000	227,587,000	183,407,000	192,191,000	203,608,000	200,930,000	197,779,000	191,671,000	193,163,000	204,413,000	211,258,000	181,699,000	177,427,000
income before income taxes	152,883,000	154,286,000	139,629,000	121,095,000	-177,752,000	108,142,000	102,884,000	101,185,000	-138,009,000	102,674,000	110,687,000	130,700,000	134,094,000	122,438,000	110,187,000	92,912,000	92,048,000	111,870,000	113,487,000	118,903,000	83,860,000	-12,900,000	199,955,000	56,056,000	89,467,000	104,286,000	103,678,000	109,078,000	113,839,000	108,279,000	103,947,000	89,850,000	93,590,000
income tax expense	33,248,000	29,554,000	28,399,000	19,409,000	-16,137,000	20,124,000	-12,689,000	20,016,000	-47,202,000	19,426,000	23,533,000	27,340,000	25,332,000	26,163,000	23,363,000	18,650,000	15,171,000	23,060,000	22,480,000	24,602,000	16,858,000	-58,114,000	51,238,000	10,219,000	17,364,000	20,947,000	19,017,000	22,392,000	24,854,000	22,349,000	14,754,000	39,840,000	28,589,000
net income	119,635,000	124,732,000	111,230,000	101,687,000	-161,615,000	88,018,000	115,573,000	81,169,000	-90,806,000	83,248,000	87,154,000	103,360,000	108,762,000	96,275,000	86,824,000	74,262,000	76,877,000	88,809,000	91,007,000	94,301,000	67,002,000	45,214,000	148,718,000	45,838,000	72,104,000	83,339,000	84,661,000	86,686,000	88,984,000	85,929,000	89,192,000	50,010,000	65,001,000
yoy	-174.02%	41.71%	-3.76%	25.28%	77.98%	5.73%	32.61%	-21.47%	-183.49%	-13.53%	0.38%	39.18%	41.48%	8.41%	-4.60%	-21.25%	14.74%	96.42%	-38.81%	105.73%	-7.08%	-45.75%	75.66%	-47.12%	-18.97%	-3.01%	-5.08%	73.34%	36.90%
qoq	-4.09%	12.14%	9.38%	-162.92%	-283.62%	-23.84%	42.39%	-189.39%	-209.08%	-4.48%	-15.68%	-4.97%	12.97%	10.89%	16.92%	-3.40%	-13.44%	-2.42%	-3.49%	40.74%	48.19%	-69.60%	224.44%	-36.43%	-13.48%	-1.56%	-2.34%	-2.58%	3.56%	-3.66%	78.35%	-23.06%
preferred stock dividends	2,875,000	2,875,000	2,875,000	2,875,000	2,875,000	2,875,000	2,875,000	2,875,000	2,875,000	2,875,000	2,875,000	2,875,000	2,875,000	2,875,000	2,875,000	2,875,000	2,875,000	4,155,000	4,875,000	5,207,000	5,206,000	5,207,000	4,144,000	3,801,000	3,800,000	3,801,000	3,801,000	3,801,000	3,707,000	2,409,000	2,329,000	2,339,000	2,339,000
net income available to common equity	116,760,000	121,857,000	108,355,000	98,812,000	-164,490,000	85,143,000	112,698,000	78,294,000	-93,681,000	80,373,000	84,279,000	100,485,000	105,887,000	93,400,000	83,949,000	71,387,000	74,003,000	84,655,000	86,131,000	89,094,000	61,795,000	40,007,000	144,573,000	42,037,000	68,302,000	79,539,000	80,860,000	82,885,000	85,278,000	83,521,000	86,863,000	47,671,000	62,662,000
earnings per common share
basic	700	730	650	600	-1,100	560	750	520	-620	530	560	670	700	620	560	480	500	560	560	580	400	260	940	270	440	500	490	500	520	490	510	320	410
diluted	700	730	650	590	-1,100	560	740	520	-620	530	560	660	690	620	560	470	490	560	560	580	400	260	940	270	430	490	490	500	510	480	500	310	410
average common shares outstanding
basic	165,097,000	165,029,000	164,936,000	165,228,000	1,940,000	150,247,000	149,872,000	149,855,000	39,000	150,035,000	149,986,000	149,763,000	99,000	149,321,000	149,083,000	148,781,000	-700,000	150,046,000	152,042,000	152,355,000	-170,000	152,440,000	152,393,000	154,701,000	-1,193,000	159,126,000	162,180,000	163,928,000	-904,000	170,516,000	170,633,000	-106,000	150,565,000
diluted	166,561,000	166,703,000	166,343,000	166,604,000	2,103,000	151,492,000	151,288,000	151,292,000	-111,000	151,014,000	150,870,000	151,128,000	291,000	150,262,000	150,203,000	150,492,000	-714,000	151,143,000	153,381,000	153,688,000	-272,000	153,194,000	153,150,000	155,619,000	-1,129,000	160,382,000	163,672,000	165,433,000	-1,144,000	172,802,000	173,409,000	-135,000	152,968,000
interest on other short-term funding		212,000	287,000		668,000	6,144,000	6,077,000	4,708,000						1,000	1,000	1,000	1,000	8,000	7,000	6,000	5,000	5,000	683,000	39,000	28,000	33,000	37,000	51,000	36,000	38,000	51,000	1,731,000	1,039,000
interest on other long-term funding		10,741,000	10,700,000	11,085,000
asset losses			-1,735,000	-878,000
interest on long-term funding					13,769,000	11,858,000	10,096,000	10,058,000	10,185,000	10,019,000	9,596,000	6,281,000	2,471,000	2,722,000	2,730,000	2,730,000	2,730,000	3,163,000	5,575,000	5,585,000	5,585,000	5,580,000	5,591,000	5,604,000	5,918,000	7,396,000	7,396,000	7,396,000	7,396,000	6,095,000	4,544,000	13,023,000	12,187,000
asset (losses)							-627,000
gains on sale of branches																			36,000	1,002,000
interest on ppplf																					410,000	899,000
insurance commissions and fees																	86,000	88,000	86,000				22,430,000	22,608,000	19,701,000	20,954,000	22,985,000	25,464,000	21,232,000	21,636,000	23,996,000
loss on prepayments of fhlb advances																						44,650,000
insurance commissions and fess																				76,000	11,288,250	114,000
acquisition related costs																					-10,000	218,000	518,000	1,721,000	1,325,000	1,629,000	3,734,000	632,000	-981,000	2,271,000	7,107,000
benefit from credit losses																							61,000,000	53,001,000
net interest income after benefit from credit losses																							128,872,000	149,941,000
service charges on deposit account fees																									16,033,000	16,561,000	15,426,000	15,115,000	12,428,500	16,904,000	16,390,000
card issuance costs																											1,290,000	977,000
loan costs																											952,000	1,364,000
foreclosure / oreo expense																											924,000	567,000	909,000	950,000	1,021,000	1,285,000	906,000
interest and dividends on investment securities:
card-based and loan fees																													15,575,000	14,090,000	14,387,000
trust and asset management fees																													13,370,000	14,140,000	13,437,000
brokerage commission and fees																													5,313,250	7,084,000	6,896,000
card issuance and loan costs																													2,232,000	3,677,000	3,173,000
earnings per common share:
basic	700	730	650	600	-1,100	560	750	520	-620	530	560	670	700	620	560	480	500	560	560	580	400	260	940	270	440	500	490	500	520	490	510	320	410
diluted	700	730	650	590	-1,100	560	740	520	-620	530	560	660	690	620	560	470	490	560	560	580	400	260	940	270	430	490	490	500	510	480	500	310	410
average common shares outstanding:
basic	165,097,000	165,029,000	164,936,000	165,228,000	1,940,000	150,247,000	149,872,000	149,855,000	39,000	150,035,000	149,986,000	149,763,000	99,000	149,321,000	149,083,000	148,781,000	-700,000	150,046,000	152,042,000	152,355,000	-170,000	152,440,000	152,393,000	154,701,000	-1,193,000	159,126,000	162,180,000	163,928,000	-904,000	170,516,000	170,633,000	-106,000	150,565,000
diluted	166,561,000	166,703,000	166,343,000	166,604,000	2,103,000	151,492,000	151,288,000	151,292,000	-111,000	151,014,000	150,870,000	151,128,000	291,000	150,262,000	150,203,000	150,492,000	-714,000	151,143,000	153,381,000	153,688,000	-272,000	153,194,000	153,150,000	155,619,000	-1,129,000	160,382,000	163,672,000	165,433,000	-1,144,000	172,802,000	173,409,000	-135,000	152,968,000
trust service fees																																9,266,500	12,785,000
service charges on deposit accounts																																12,163,500	16,268,000
card-based and other nondeposit fees																																9,712,000	12,619,000
insurance commissions																																15,572,000	19,815,000
brokerage and annuity commissions																																3,267,750	4,392,000
capital market fees																																3,133,750	4,610,000
bank and corporate owned life insurance income																																3,273,500	6,580,000
personnel expense																																78,738,500	105,852,000
loan expense																																2,231,000	3,330,000
legal and professional fees																																4,031,250	6,248,000
fdic expense																																5,950,000	7,800,000

Balance Sheets:

Quarterly

Annual

Unit: USD	2026-03-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31

assets
cash and due from banks	465,318,000	490,431,000	521,167,000	521,323,000	544,059,000	554,631,000	470,818,000	429,859,000	484,384,000	388,694,000	407,620,000	311,269,000	436,952,000	386,231,000	397,364,000	334,138,000	343,831,000	378,927,000	406,994,000	356,285,000	416,154,000	401,151,000	443,500,000	480,337,000	373,380,000	523,435,000	382,985,000	334,095,000		374,168,000	396,761,000	328,260,000	483,666,000	354,331,000	396,677,000	332,601,000	446,558,000	356,047,000	333,000,000	287,183,000
interest-bearing deposits in other financial institutions	920,684,000	802,251,000	738,938,000	711,033,000	453,590,000	408,101,000	484,677,000	420,114,000	425,089,000	323,130,000	190,881,000	511,116,000	156,693,000	112,173,000	436,887,000	166,929,000	681,684,000	1,281,916,000	1,340,385,000	1,590,494,000	298,759,000	712,416,000	1,569,006,000	176,440,000	207,624,000	236,010,000	172,708,000	270,843,000		147,848,000	71,462,000	94,918,000	199,702,000	109,596,000	126,232,000	337,167,000	149,175,000	240,010,000	131,680,000	68,025,000
federal funds sold and securities purchased under agreements to resell	175,000	90,000		105,000	21,955,000	4,310,000	3,600,000	1,610,000	14,350,000	965,000	31,160,000	455,000	27,810,000	4,015,000	32,820,000			25,000,000	25,000,000		1,135,000	95,000	185,000	22,455,000	7,740,000	100,000	1,385,000	41,405,000		24,325,000	3,150,000	10,000,000	32,650,000	27,700,000	43,000,000	19,700,000	46,500,000	14,250,000	13,200,000	20,200,000
afs investment securities, at fair value	5,514,456,000	5,217,278,000	5,036,508,000	4,796,570,000	4,581,434,000	4,152,527,000	3,912,730,000	3,724,148,000	3,600,892,000	3,491,679,000	3,504,777,000	3,381,607,000	2,742,025,000	2,487,312,000	2,677,511,000
htm investment securities, net, at amortized cost	3,570,843,000	3,636,080,000	3,672,101,000	3,705,793,000	3,738,687,000	3,769,150,000	3,799,035,000	3,832,967,000	3,860,160,000	3,900,415,000	3,938,877,000	3,967,058,000	3,960,398,000	3,951,491,000	3,945,206,000
equity securities	26,109,000	26,000,000	25,912,000	23,331,000	23,242,000	23,158,000	22,944,000	19,571,000	41,651,000	35,937,000	30,883,000	30,514,000	25,216,000	24,879,000	19,039,000	18,560,000	18,352,000	17,939,000	17,144,000	15,673,000	15,106,000	15,090,000	15,091,000	15,063,000	15,090,000	15,096,000	15,066,000
regulatory stocks, at cost	290,189,000
residential loans held for sale	87,461,000	74,563,000	96,804,000	47,611,000	646,687,000	67,219,000	83,795,000	52,414,000	33,011,000	54,790,000	38,083,000	35,742,000	20,383,000	51,134,000	42,676,000	91,582,000	136,638,000	158,202,000	160,547,000	153,151,000	129,158,000	130,139,000	196,673,000	366,330,000	136,280,000	137,655,000	129,303,000	81,392,000		134,361,000	143,022,000	103,953,000	85,544,000	113,064,000	41,620,000	34,051,000
loans	31,798,164,000	30,951,964,000	30,607,605,000	30,294,127,000	29,768,586,000	29,990,897,000	29,618,271,000	29,494,263,000	29,216,218,000	30,193,187,000	29,848,904,000	29,207,072,000	28,799,569,000	27,817,280,000	26,494,698,000	24,531,926,000	24,224,949,000	23,621,673,000	23,947,536,000	24,162,328,000	24,451,724,000	25,003,753,000	24,832,671,000	24,365,633,000	22,821,440,000	22,754,710,000	23,249,967,000	23,148,359,000	22,940,429,000	22,867,112,000	22,976,786,000	22,810,491,000	20,784,991,000	20,931,460,000	20,783,069,000	20,147,683,000	20,054,716,000	19,844,005,000	19,815,286,000	19,227,240,000
allowance for loan losses	-385,756,000	-378,341,000	-376,515,000	-371,348,000	-363,545,000	-361,765,000	-355,844,000	-356,006,000	-351,094,000	-345,795,000	-338,750,000	-326,432,000	-312,720,000	-292,904,000	-280,771,000	-279,058,000	-280,015,000	-290,997,000	-318,811,000	-352,938,000	-383,702,000	-384,711,000	-363,803,000	-337,793,000	-201,371,000	-214,425,000	-233,659,000	-235,081,000	238,023,000	-236,250,000	-252,601,000	-257,058,000	-265,880,000	-276,551,000	-281,101,000	-282,672,000	-278,335,000	-269,540,000	-267,780,000	-277,370,000
tax credit and other investments	230,954,000	245,239,000	247,111,000	254,187,000	258,886,000	265,385,000	246,300,000	255,252,000	258,067,000	256,905,000	263,583,000	269,269,000	276,773,000	275,247,000	275,165,000	284,561,000	293,733,000	301,490,000	294,220,000	303,701,000	297,232,000	314,066,000	303,132,000	315,909,000	279,969,000					132,355,000	137,051,000	142,368,000
premises and equipment	376,760,000	384,139,000	377,372,000	377,521,000	379,093,000	373,816,000	369,968,000	367,618,000	372,978,000	373,017,000	374,866,000	375,540,000	376,906,000	379,462,000	387,633,000	387,550,000	385,173,000	383,131,000	398,050,000	398,671,000	418,914,000	422,222,000	434,042,000	438,469,000	435,284,000	436,268,000	432,058,000	361,668,000		358,926,000	361,385,000	381,327,000	330,963,000	330,065,000	328,404,000	332,884,000	330,315,000	329,726,000	331,427,000	331,711,000
bank and corporate owned life insurance	694,765,000	693,511,000	691,470,000	690,551,000	689,000,000	686,704,000	683,451,000	685,089,000	682,649,000	679,775,000	678,578,000	677,328,000	676,530,000	677,129,000	675,347,000	679,538,000	680,021,000	683,610,000	682,709,000	680,831,000	679,647,000	679,257,000	676,196,000	674,026,000	671,948,000	670,739,000	668,638,000	665,976,000		661,009,000	659,592,000	657,841,000	591,057,000	589,093,000
goodwill	1,104,992,000	1,104,992,000	1,104,992,000	1,104,992,000	1,104,992,000	1,104,992,000	1,104,992,000	1,104,992,000	1,104,992,000	1,104,992,000	1,104,992,000	1,104,992,000	1,104,992,000	1,104,992,000	1,104,992,000	1,104,992,000	1,104,992,000	1,104,992,000	1,104,992,000	1,104,992,000	1,109,300,000	1,107,902,000	1,107,902,000	1,191,388,000	1,176,230,000	1,176,230,000	1,176,019,000	1,168,944,000		1,168,922,000	1,166,665,000	1,153,156,000	976,239,000	972,006,000	972,006,000	972,006,000	971,951,000	971,951,000	971,951,000	971,951,000
other intangible assets	20,647,000	25,052,000	27,255,000	29,457,000	31,660,000	33,863,000	36,066,000	38,268,000	40,471,000	42,674,000	44,877,000	47,079,000	49,282,000	51,485,000	53,687,000	55,890,000	58,093,000	60,296,000	62,498,000	64,701,000	68,254,000	70,507,000	72,759,000	92,723,000	88,301,000	91,089,000	93,915,000	73,610,000		78,069,000	80,346,000	79,714,000	15,580,000	14,080,000	14,530,000	15,026,000	15,377,000	15,902,000	16,427,000	16,966,000
mortgage servicing rights	87,599,000	85,063,000	85,245,000	86,251,000	87,683,000	81,977,000	85,640,000	85,226,000	84,390,000	89,131,000	80,449,000	74,479,000	77,351,000	78,352,000	76,570,000	67,015,000	54,862,000	50,329,000	48,335,000	49,500,000	41,961,000	45,261,000	49,403,000	58,289,000	67,306,000	68,168,000	66,175,000	66,626,000		67,872,000	66,980,000	66,407,000	58,384,000	58,377,000	59,395,000	60,702,000	61,476,000	58,414,000	57,474,000	59,414,000
interest receivable	161,021,000	168,451,000	168,627,000	159,729,000	167,772,000	167,777,000	173,106,000	167,092,000	169,569,000	171,119,000	159,185,000	152,404,000	144,449,000	115,782,000	95,426,000	83,120,000	80,528,000	79,011,000	81,797,000	86,466,000	90,263,000	91,612,000	87,097,000	92,377,000
other assets	629,359,000	677,458,000	682,373,000	675,748,000	676,987,000	698,073,000	672,256,000	640,638,000	658,604,000	608,068,000	573,870,000	518,115,000	547,621,000	546,214,000	519,403,000	540,218,000	582,168,000	592,753,000	609,766,000	579,084,000	653,219,000	653,117,000	640,765,000	655,328,000	597,242,000	589,420,000	591,976,000	540,346,000		602,730,000	596,190,000	523,855,000	482,294,000	575,455,000	1,107,800,000	1,093,896,000	1,074,937,000	1,060,627,000	1,042,139,000	1,027,606,000
total assets	45,593,740,000	44,455,863,000	43,993,729,000	43,309,136,000	43,023,068,000	42,210,815,000	41,623,908,000	41,137,084,000	41,015,855,000	41,637,381,000	41,219,473,000	40,702,519,000	39,405,727,000	38,049,607,000	37,235,990,000	34,955,900,000	35,104,253,000	34,439,666,000	34,152,625,000	34,575,255,000	33,419,783,000	34,698,746,000	35,501,464,000	33,908,056,000	32,386,478,000	32,596,460,000	33,272,628,000	33,700,866,000	33,647,859,000	33,489,002,000	33,652,647,000	33,366,505,000	30,483,594,000	30,064,547,000	29,769,025,000	29,109,857,000	29,139,315,000	29,152,764,000	29,038,699,000	28,178,867,000
liabilities and stockholders' equity
noninterest-bearing demand deposits	6,125,067,000	5,906,251,000	5,782,487,000	6,135,946,000	5,775,657,000	5,857,421,000	5,815,045,000	6,254,135,000	6,119,956,000	6,422,994,000	6,565,666,000	7,328,689,000	7,760,811,000	8,224,579,000	8,085,702,000	8,315,699,000	8,504,077,000	8,170,105,000	7,999,143,000	8,496,194,000	7,661,728,000	7,489,048,000	7,573,942,000	6,107,386,000	5,450,709,000	5,503,223,000	5,354,987,000	5,334,154,000		5,421,270,000	5,341,361,000	5,458,473,000	5,478,416,000	5,177,734,000	5,038,162,000	5,338,212,000	5,392,208,000	5,337,677,000	5,039,336,000	5,272,685,000
interest-bearing deposits	29,606,698,000	28,975,602,000	28,365,079,000	29,060,767,000	28,872,777,000	27,696,877,000	26,875,995,000	27,459,023,000	27,326,093,000	25,700,332,000	25,448,743,000	23,003,134,000	21,875,343,000	20,974,003,000	20,490,874,000	20,089,710,000	19,962,353,000	19,681,161,000	19,265,157,000	19,180,972,000	18,820,753,000	19,223,500,000	18,977,502,000	19,554,194,000	18,328,355,000	18,919,339,000	19,919,235,000	20,198,903,000		19,410,342,000	18,474,953,000	18,367,129,000	17,307,546,000	17,155,717,000	16,580,018,000	16,489,823,000	16,496,240,000	16,410,035,000	15,253,514,000	15,412,775,000
total deposits	35,731,765,000	34,881,853,000	34,147,565,000	35,196,713,000	34,648,434,000	33,554,298,000	32,691,039,000	33,713,158,000	33,446,049,000	32,123,326,000	32,014,409,000	30,331,824,000	29,636,154,000	29,198,581,000	28,576,577,000	28,405,409,000	28,466,430,000	27,851,266,000	27,264,299,000	27,677,166,000	26,482,481,000	26,712,547,000	26,551,444,000	25,661,580,000	23,779,064,000	24,422,562,000	25,274,222,000	25,533,057,000		24,831,612,000	23,816,314,000	23,825,602,000	22,785,962,000	22,333,451,000	21,618,180,000	21,828,035,000	21,888,448,000	21,747,712,000	20,292,850,000	20,685,460,000
federal funds purchased and securities sold under agreements to repurchase	395,652,000								326,780,000	451,644,000	325,927,000	208,398,000	585,139,000	276,674,000	682,839,000	368,768,000	319,532,000	267,943,000	170,419,000	138,507,000	192,971,000	155,329,000	142,293,000	133,007,000	433,097,000	78,028,000	83,195,000	127,098,000		166,556,000	203,733,000	283,954,000	324,815,000	476,550,000	607,669,000	650,188,000	508,347,000	698,772,000	509,150,000	583,247,000
fhlb advances	3,421,762,000	3,220,679,000	3,879,489,000	2,027,297,000	1,853,807,000	1,913,294,000	2,673,046,000	1,333,411,000	1,940,194,000	3,733,041,000	3,630,747,000	4,986,138,000	4,319,861,000	3,777,478,000	3,258,039,000	1,537,948,000	1,621,047,000	1,620,880,000	1,619,826,000	1,629,966,000	1,632,723,000	1,706,763,000	2,657,016,000	3,214,194,000	3,180,967,000	2,877,727,000	2,742,941,000	2,944,769,000		3,332,655,000	4,797,857,000
senior and subordinated debt	592,629,000
allowance for unfunded commitments	39,276,000	36,276,000	35,276,000	35,276,000	38,776,000	35,776,000	33,776,000	31,776,000	34,776,000	34,776,000	38,276,000	39,776,000	38,776,000	39,776,000	36,776,000	38,776,000	39,776,000	41,276,000	45,276,000	50,776,000	47,776,000	57,276,000	64,776,000	56,276,000
accrued expenses and other liabilities	414,784,000	455,019,000	481,503,000	460,574,000	568,485,000	532,842,000	588,057,000	588,341,000	552,814,000	637,491,000	537,640,000	448,407,000	541,438,000	545,976,000	449,776,000	376,322,000	348,560,000	359,626,000	337,942,000	350,160,000	364,088,000	398,991,000	463,245,000	469,236,000	489,868,000	470,073,000	447,286,000	354,188,000		383,381,000	382,476,000	348,246,000	318,797,000	268,781,000	247,598,000	246,645,000	254,622,000	243,908,000	213,204,000	176,962,000
total liabilities	40,595,868,000	39,587,565,000	39,212,948,000	38,622,578,000	38,417,506,000	37,797,579,000	37,381,571,000	36,968,412,000	36,841,882,000	37,509,738,000	37,096,599,000	36,576,856,000	35,390,237,000	34,095,656,000	33,276,608,000	31,007,613,000	31,079,399,000	30,444,705,000	30,042,573,000	30,447,474,000	29,328,850,000	30,653,313,000	31,477,007,000	30,117,584,000	28,464,355,000	28,675,605,000	29,372,835,000	29,864,996,000		29,691,963,000	29,882,403,000	29,653,806,000	27,246,151,000	26,860,946,000	26,577,523,000	25,965,063,000	26,048,003,000	26,055,649,000	26,008,552,000	25,196,369,000
stockholders' equity
preferred equity	194,112,000	194,112,000	194,112,000	194,112,000	194,112,000	194,112,000	194,112,000	194,112,000	194,112,000	194,112,000	194,112,000	194,112,000	194,112,000	194,112,000	193,195,000	193,195,000	193,195,000	193,195,000	290,200,000	353,512,000	353,512,000	353,637,000	353,846,000	256,716,000	256,716,000	256,716,000	256,716,000	256,716,000		256,716,000	159,401,000	159,853,000	159,929,000	159,929,000	159,929,000	159,929,000	159,929,000	159,929,000	120,201,000	120,347,000
common stock	1,890,000	1,890,000	1,890,000	1,890,000	1,890,000	1,752,000	1,752,000	1,752,000	1,752,000	1,752,000	1,752,000	1,752,000	1,752,000	1,752,000	1,752,000	1,752,000	1,752,000	1,752,000	1,752,000	1,752,000	1,752,000	1,752,000	1,752,000	1,752,000	1,752,000	1,752,000	1,752,000	1,752,000		1,752,000	1,751,000	1,741,000	1,618,000	1,615,000	1,630,000	1,630,000	1,630,000	1,630,000	1,630,000	1,630,000
surplus	2,052,504,000	2,047,634,000	2,044,481,000	2,040,419,000	2,047,349,000	1,714,055,000	1,711,316,000	1,708,652,000	1,714,822,000	1,711,454,000	1,708,303,000	1,706,206,000	1,712,733,000	1,710,075,000	1,710,319,000	1,708,104,000	1,713,851,000	1,711,867,000	1,708,246,000	1,706,786,000	1,720,329,000	1,717,186,000	1,712,978,000	1,706,516,000	1,716,431,000	1,713,971,000	1,695,715,000	1,689,792,000		1,834,017,000	1,828,965,000	1,823,800,000	1,454,188,000	1,442,328,000	1,474,301,000	1,469,744,000	1,459,498,000	1,459,161,000	1,453,285,000	1,447,368,000
retained earnings	3,303,458,000	3,132,709,000	3,049,383,000	2,979,526,000	2,919,252,000	3,122,307,000	3,070,762,000	2,991,571,000	2,946,805,000	3,074,014,000	3,025,637,000	2,973,354,000	2,904,882,000	2,830,877,000	2,768,736,000	2,715,118,000	2,672,601,000	2,628,421,000	2,576,766,000	2,520,144,000	2,458,920,000	2,424,992,000	2,412,859,000	2,296,176,000	2,380,867,000	2,341,158,000	2,288,909,000	2,235,824,000		1,977,925,000	1,920,579,000	1,859,068,000	1,819,230,000	1,792,184,000	1,747,632,000	1,709,514,000	1,695,764,000	1,662,778,000	1,629,915,000	1,599,835,000
accumulated other comprehensive loss	-44,505,000	-15,977,000	-14,297,000																																		-54,679,000	-1,254,000
treasury stock	-509,587,000	-492,070,000	-494,788,000	-494,246,000	-482,626,000	-507,241,000	-516,391,000	-517,533,000	-512,421,000	-514,549,000	-515,287,000	-516,173,000	-525,190,000	-527,473,000	-531,832,000	-532,858,000	-546,229,000	-529,461,000	-469,801,000	-450,222,000	-456,198,000	-456,129,000	-455,057,000	-453,714,000	-400,460,000	-355,791,000	-284,235,000	-244,840,000		-137,852,000	-20,564,000	-24,089,000	-134,764,000	-138,167,000	-138,520,000	-139,679,000	-170,830,000	-185,129,000	-188,337,000	-188,849,000
total common equity	4,803,760,000	4,674,186,000	4,586,669,000	4,492,446,000	4,411,450,000	4,219,125,000	4,048,225,000	3,974,561,000	3,979,861,000	3,933,531,000	3,928,762,000	3,931,551,000	3,821,378,000	3,759,840,000	3,766,187,000	3,755,092,000	3,831,658,000	3,801,766,000	3,819,852,000	3,774,268,000	3,737,421,000	3,691,796,000	3,670,612,000	3,533,755,000	3,665,407,000	3,664,139,000	3,643,077,000	3,579,153,000		3,540,322,000	3,610,843,000	3,552,847,000	3,077,514,000	3,043,672,000	3,031,573,000	2,984,865,000	2,931,383,000	2,937,186,000	2,909,946,000	2,862,151,000
total stockholders' equity	4,997,872,000
total liabilities and stockholders' equity	45,593,740,000
preferred shares authorized	750,000,000	750,000,000	750,000,000	750,000,000	750,000,000	750,000,000	750,000,000	750,000,000	750,000,000	750,000,000	750,000,000	750,000,000	750,000,000	750,000,000	750,000,000	750,000,000	750,000,000	750,000,000	750,000,000	750,000,000	750,000,000	750,000,000	750,000,000	750,000,000	750,000,000	750,000,000	750,000,000	750,000,000		750,000,000	750,000,000	750,000,000	750,000,000	750,000,000	750,000,000	750,000,000	750,000,000	750,000,000	750,000,000	750,000,000
preferred shares issued and outstanding	200,000,000	200,000,000	200,000,000	200,000,000	200,000,000	200,000,000	200,000,000	200,000,000	200,000,000	200,000,000	200,000,000	200,000,000	200,000,000	200,000,000	200,000,000	200,000,000	200,000,000	200,000,000	299,458,000	364,458,000	364,458,000	364,458,000	364,458,000	264,458,000	264,458,000
common shares authorized	250,000,000,000	250,000,000,000	250,000,000,000	250,000,000,000	250,000,000,000	250,000,000,000	250,000,000,000	250,000,000,000	250,000,000,000	250,000,000,000	250,000,000,000	250,000,000,000	250,000,000,000	250,000,000,000	250,000,000,000	250,000,000,000	250,000,000,000	250,000,000,000	250,000,000,000	250,000,000,000	250,000,000,000	250,000,000,000	250,000,000,000	250,000,000,000	250,000,000,000	250,000,000,000	250,000,000,000	250,000,000,000		250,000,000,000	250,000,000,000	250,000,000,000	250,000,000,000	250,000,000,000	250,000,000,000	250,000,000,000	250,000,000,000	250,000,000,000	250,000,000,000	250,000,000,000
common shares issued	189,016,409,000	189,016,409,000	189,016,409,000	189,016,409,000	189,016,409,000	175,216,409,000	175,216,409,000	175,216,409,000	175,216,409,000	175,216,409,000	175,216,409,000	175,216,409,000	175,216,409,000	175,216,409,000	175,216,409,000	175,216,409,000	175,216,409,000	175,216,409,000	175,216,409,000	175,216,409,000	175,216,409,000	175,216,409,000	175,216,409,000	175,216,409,000	175,216,409,000	175,216,409,000	175,216,409,000	175,216,409,000		175,202,679,000	175,133,157,000	174,107,786,000	161,751,975,000	161,460,708,000	163,030,209,000	163,030,209,000	163,030,209,000	163,030,209,000	163,030,209,000	163,030,209,000
common shares outstanding	165,438,367,000	165,904,108,000	165,778,220,000	165,806,623,000	166,177,658,000	151,212,711,000	150,785,257,000	150,738,678,000	151,036,674,000	150,951,209,000	150,918,628,000	150,885,862,000	150,444,019,000	150,328,196,000	150,126,419,000	150,037,780,000	149,342,641,000	149,961,231,000	152,864,579,000	153,684,904,000	153,540,224,000	153,551,692,000	153,615,657,000	153,690,421,000	157,171,247,000
fhlb and federal reserve bank stocks, at cost		251,642,000	278,356,000	194,244,000	179,665,000	178,168,000	212,102,000	173,968,000	229,171,000	268,698,000
commercial loans held for sale			8,406,000	7,910,000	32,634,000	11,833,000			90,303,000		15,000,000	33,490,000			44,721,000							19,360,000	3,565,000		15,000,000	11,597,000	11,000,000	15,467,000		30,452,000		6,091,000		9,718,000	4,772,000	2,901,000
short-term funding		399,665,000	75,585,000	311,335,000	470,369,000	917,028,000	859,539,000	765,671,000
other long-term funding		594,074,000	593,530,000	591,382,000	837,635,000	844,342,000	536,113,000	536,055,000	541,269,000	529,459,000	534,273,000	544,103,000	248,071,000	249,484,000	249,820,000	249,797,000	249,324,000	249,160,000	549,024,000	549,729,000	549,465,000	549,201,000	548,937,000	549,644,000	549,343,000	796,799,000	796,403,000	796,007,000		795,215,000	497,619,000
stockholders’ equity																													3,780,888,000
common equity
total stockholders’ equity		4,868,298,000	4,780,781,000	4,686,558,000	4,605,562,000	4,413,236,000	4,242,337,000	4,168,673,000	4,173,973,000	4,127,643,000	4,122,874,000	4,125,663,000	4,015,490,000	3,953,952,000	3,959,382,000	3,948,287,000	4,024,853,000	3,994,961,000	4,110,052,000	4,127,780,000	4,090,933,000	4,045,433,000	4,024,457,000	3,790,471,000	3,922,124,000	3,920,855,000	3,899,794,000	3,835,870,000		3,797,038,000	3,770,244,000	3,712,699,000	3,237,443,000	3,203,601,000	3,191,502,000	3,144,794,000	3,091,312,000	3,097,115,000	3,030,147,000	2,982,498,000
total liabilities and stockholders’ equity		44,455,863,000	43,993,729,000	43,309,136,000	43,023,068,000	42,210,815,000	41,623,908,000	41,137,084,000	41,015,855,000	41,637,381,000	41,219,473,000	40,702,519,000	39,405,727,000	38,049,607,000	37,235,990,000	34,955,900,000	35,104,253,000	34,439,666,000	34,152,625,000	34,575,255,000	33,419,783,000	34,698,746,000	35,501,464,000	33,908,056,000	32,386,478,000	32,596,460,000	33,272,628,000	33,700,866,000		33,489,002,000	33,652,647,000	33,366,505,000	30,483,594,000	30,064,547,000	29,769,025,000	29,109,857,000	29,139,315,000	29,152,764,000	29,038,699,000	28,178,867,000
accumulated other comprehensive				-35,144,000	-74,416,000	-111,748,000	-219,214,000	-209,881,000	-171,096,000	-339,140,000	-291,642,000	-233,588,000	-272,799,000	-255,391,000	-182,788,000	-137,024,000
commercial paper											15,327,000	18,210,000	20,798,000	7,687,000	22,781,000	30,593,000	34,730,000	54,553,000	55,785,000	51,171,000	59,346,000	50,987,000	39,535,000	33,647,000	32,016,000	30,416,000	28,787,000	32,019,000		43,604,000	52,791,000
federal home loan bank and federal reserve bank stocks, at cost											271,637,000	331,420,000	295,496,000	279,334,000	237,616,000	168,281,000	168,281,000	168,281,000	168,281,000	168,281,000	168,280,000	168,280,000	206,281,000	222,922,000	227,347,000	207,443,000	202,758,000	216,940,000		220,825,000	249,040,000	233,216,000	165,331,000	172,446,000	181,180,000	139,273,000	140,001,000	140,215,000	194,501,000	181,853,000
investment securities afs, at fair value																2,780,803,000	4,332,015,000	3,893,379,000	3,323,346,000	3,356,949,000	3,085,441,000
investment securities htm, net, at amortized cost																3,939,855,000	2,238,947,000	1,929,735,000	1,799,834,000	1,857,087,000	1,878,938,000
accumulated other comprehensive income																	-10,317,000	-10,813,000	2,889,000	-4,193,000	12,618,000	3,995,000	-1,920,000	-16,974,000	-33,183,000	-36,953,000	-59,063,000	-103,375,000		-135,520,000	-119,888,000	-107,673,000	-62,758,000	-54,288,000	-53,470,000	-56,344,000			13,453,000	2,167,000
investment securities held to maturity, net, at amortized cost																						1,990,870,000	2,077,225,000	2,149,373,000
investment securities available for sale, at fair value																						3,258,360,000	3,149,773,000	2,928,787,000	3,262,586,000	3,436,289,000	3,283,456,000	3,829,388,000		4,054,197,000	4,261,651,000	4,485,875,000	4,043,446,000	3,801,699,000	3,687,470,000	4,300,490,000	4,680,226,000	4,846,088,000	4,801,766,000	4,905,841,000
ppplf																						1,022,217,000	1,009,760,000
investment securities held to maturity, at amortized cost																									2,205,083,000	2,200,419,000	2,806,064,000	2,846,689,000		2,661,755,000	2,602,247,000	2,443,203,000	2,282,853,000	2,233,579,000	2,255,395,000	1,554,843,000	1,273,536,000	1,253,494,000	1,236,140,000	1,176,821,000
investment in unconsolidated subsidiaries																										256,220,000	222,812,000	194,670,000
preferred shares issued																										264,458,000	264,458,000	264,458,000		264,458,000	164,570,000	165,000,000	165,000,000	165,000,000	165,000,000	165,000,000	165,000,000	165,000,000	123,904,000	124,054,000
treasury shares of common stock																										15,925,525,000	12,554,448,000	10,798,082,000		5,909,467,000	1,606,672,000	1,925,673,000	8,908,448,000	9,143,102,000	9,181,834,000	9,296,566,000	10,909,362,000	11,787,605,000	11,993,727,000	12,036,645,000
equity securities with readily determinable fair values																												1,609,000
trading assets																												77,920,000		140,328,000	132,919,000	102,890,000	69,675,000	48,429,000	48,576,000	49,306,000	52,398,000	60,780,000	77,112,000	53,087,000
trading liabilities																												77,859,000		138,940,000	131,612,000	100,247,000	67,660,000	46,812,000	47,143,000	47,561,000	51,103,000	62,301,000	79,466,000	55,223,000
interest income																													1,154,137,000
interest expense																													274,557,000
net interest income																													879,580,000
provision for credit losses
net interest income after provision for credit losses																													879,580,000
noninterest income																													355,568,000
noninterest expense																													821,799,000
income before income taxes																													413,349,000
income tax expense																													79,786,000
net income																													333,562,000
preferred stock dividends																													10,784,000
net income available to common equity																													322,779,000
earnings per common share
basic																													1,920
diluted																													1,890
cash dividends per common share																													620
weighted-average common shares outstanding
selected financial data
year-end balances
investment securities																													6,689,021,000
deposits																													24,897,393,000
short- and long-term funding, and federal home loan bank ("fhlb") advances																													4,527,056,000
book value per common share																													21,430
tangible book value per common share																													13,860
average balances
earning assets																													30,049,793,000
interest-bearing liabilities																													23,699,823,000
risk-based capital
total risk-weighted assets																													23,875,278,000
common equity tier 1																													2,449,721,000
common equity tier 1 capital ratio																													10,260
return on average common equity tier 1																													13,150
other short-term funding																																1,862,420,000	351,467,000	588,067,000	794,813,000	430,679,000	583,688,000	541,321,000	1,402,407,000	834,161,000
long-term funding																																3,233,338,000	3,397,450,000	3,147,285,000	3,262,120,000	2,761,955,000	2,761,795,000	2,761,635,000	3,511,475,000	2,861,316,000
tax credit investments																																	147,099,000
liabilities and stockholders’ equity
common equity:
loans held for sale																																					120,484,000	230,795,000	284,376,000	128,339,000

Cashflow Statements:

Quarterly

Annual

Unit: USD	2026-03-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31

cash flows from operating activities
net income	119,635,000	124,732,000	111,229,000	101,687,000	-161,615,000	88,018,000	115,573,000	81,169,000	-90,806,000	83,248,000	87,154,000	103,360,000	108,762,000	96,274,000	86,824,000	74,262,000	76,877,000	88,810,000	91,006,000	94,301,000	67,002,000	45,214,000	148,717,000	45,838,000	72,104,000	83,339,000	84,661,000	86,686,000	88,984,000	85,930,000	89,192,000	69,456,000	50,010,000	65,001,000	57,983,000	56,270,000	54,833,000	53,816,000	49,091,000	42,534,000
adjustments to reconcile net income to net cash from operating activities:
provision for credit losses	11,001,000	16,000,000	17,996,000	13,003,000	16,986,000	20,991,000	23,008,000	24,001,000	21,007,000	21,943,000	22,100,000	17,971,000	19,992,000	16,998,000	-2,000	-3,990,000					16,997,000						8,000,000	6,000,000		-5,000,000			0	5,000,000	12,000,000	9,000,000	15,000,000	21,000,000	14,000,000	20,000,000
depreciation and amortization	12,214,000	11,953,000	12,025,000	13,981,000	12,431,000	11,895,000	12,167,000	12,352,000	12,286,000	11,789,000	11,489,000	11,425,000	11,345,000	11,002,000	11,061,000	11,680,000	10,399,000	11,909,000	12,162,000	12,038,000	11,860,000	9,588,000	14,148,000	14,971,000	14,445,000	14,894,000	14,452,000	14,358,000	11,980,000	12,024,000	12,041,000	12,208,000	11,913,000	11,813,000	11,736,000	11,505,000	11,313,000	11,207,000	11,854,000	11,060,000
change in msrs valuation	-1,261,000	832,000	585,000	1,047,000	-5,605,000	3,526,000	-921,000	-1,646,000	3,998,000	-9,523,000	-6,992,000	1,857,000	84,000	-2,948,000	-9,949,000	-9,451,000
amortization of other intangible assets	2,203,000	2,203,000	2,202,000	2,203,000	2,203,000	2,203,000	2,202,000	2,203,000	2,203,000	2,203,000	2,202,000	2,203,000	2,203,000	2,203,000	2,202,000	2,203,000	2,202,000	2,203,000	2,203,000	2,236,000	2,253,000	2,253,000	2,872,000	2,814,000	2,711,000	2,686,000	2,325,000	2,226,000	2,233,000	2,233,000	2,168,000	1,525,000	500,000	450,000	496,000	513,000	525,000	525,000	539,000	504,000
amortization and accretion on earning assets, funding, and other	12,264,000	12,242,000	11,942,000	6,336,000	13,859,000	10,593,000	9,732,000	10,673,000	11,114,000	10,885,000	16,171,000	338,000	1,700,000	2,965,000	4,977,000	5,338,000	2,904,000	1,388,000	2,855,000	7,941,000	3,280,000	7,688,000	8,332,000	5,728,000	5,966,000	3,112,000	7,924,000	6,571,000	1,156,000	10,045,000	-1,765,000	2,188,000	10,246,000	9,341,000	9,674,000	8,215,000	12,538,000	12,032,000	11,353,000	10,692,000
net amortization of tax credit investments	8,455,000	9,249,000	8,369,000	8,689,000	8,534,000	8,519,000	8,798,000	8,990,000	8,416,000	8,603,000	8,653,000	8,574,000	8,768,000	8,844,000	8,537,000	8,535,000	8,874,000	8,644,000	8,251,000	8,301,000	6,568,000	5,327,000	7,175,000	6,486,000	4,550,000	4,332,000	5,543,000	5,637,000	5,037,000	4,618,000	4,889,000	4,881,000	5,149,000
gains on sales of investment securities	4,000
asset losses	-840,000	-3,340,000	1,735,000	878,000	-365,000	474,000	627,000	306,000													1,356,000						-871,000	-567,000	2,456,000	1,037,000	-2,497,000	107,000	528,000	16,000	466,000	234,000
loss on mortgage banking activities	998,000	786,000	-1,012,000	329,000	1,245,000	1,402,000			765,000	765,000	1,138,000	251,000	-2,058,000	2,676,000	-1,147,000	4,183,000					-15,490,000						-7,998,000	-3,174,000	-7,085,000	-15,673,000	-363,000	624,000		-8,049,000	-884,000	5,171,000
loss on mortgage portfolio sale		0	0	6,976,000
net periodic pension benefit	-8,206,000
mortgage loans originated for sale	-159,442,000	-196,509,000
proceeds from sales of mortgage loans held for sale	146,457,000	213,312,000	132,915,000	105,642,000	168,941,000	187,108,000	137,706,000	91,026,000	113,088,000	103,452,000	96,515,000	54,652,000	95,095,000	119,530,000	204,321,000	296,089,000	426,785,000	463,425,000	484,446,000	400,135,000	338,794,000	598,509,000	725,003,000	297,265,000	268,348,000	616,630,000	272,257,000	159,842,000	304,723,000	344,849,000	294,456,000	187,624,000	268,253,000	187,569,000	167,550,000	196,578,000	395,382,000	655,298,000	270,216,000	221,764,000
changes in certain assets and liabilities:
decrease in interest receivable	97,000			8,044,000	5,000			2,477,000					-28,667,000	-20,356,000	-12,306,000	-2,592,000	-1,517,000				1,348,000						330,000	-12,068,000	7,374,000	-222,000	-1,710,000	-12,859,000	289,000						305,000	-5,180,000
decrease in net income tax position	22,342,000
increase in interest payable	1,409,000	-24,482,000	-1,656,000	-2,025,000	-20,467,000	5,861,000	-1,944,000	15,590,000	9,078,000	25,094,000	29,592,000	14,775,000	10,813,000	294,000			2,612,000	-8,380,000	3,787,000	-8,694,000	1,350,000	-9,053,000	2,829,000	-6,511,000	1,906,000	-2,983,000	5,088,000	-1,516,000	5,736,000	896,000	2,569,000	1,206,000	3,125,000	757,000
decrease in expense payable	-52,852,000		42,145,000	-53,261,000
decrease in net derivative position	3,169,000													89,640,000	78,787,000	152,545,000
increase in boli/coli cash surrender value	-3,816,000
net change in other assets and other liabilities	22,034,000	10,722,000	8,091,000	13,349,000	23,024,000	-7,856,000	-10,681,000	12,453,000	19,581,000	9,366,000	-47,839,000	4,336,000	-3,358,000	31,379,000	-2,241,000	8,292,000	10,154,000	7,890,000	13,464,000	23,012,000	-16,255,000	-20,225,000	50,114,000	18,636,000	-49,068,000	30,694,000	29,985,000	-23,541,000	-53,934,000	62,978,000	16,307,000	-28,114,000	17,385,000	-6,232,000	-19,118,000	-19,532,000	21,339,000	26,412,000	20,324,000	-46,160,000
net cash from operating activities	135,865,000	157,973,000	141,471,000	98,166,000	207,129,000	105,124,000	113,496,000	154,500,000	64,630,000	199,339,000	131,301,000	47,470,000	124,236,000	233,291,000	242,920,000	246,119,000	165,410,000	133,939,000	72,434,000	157,768,000	126,960,000	136,940,000	306,203,000	-20,083,000	104,274,000	399,516,000	84,072,000	-13,602,000	193,824,000	186,209,000	73,441,000	43,093,000	142,087,000	17,774,000	128,754,000	169,753,000	221,273,000	302,392,000	82,905,000	22,372,000
capital expenditures	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
free cash flows	135,865,000	157,973,000	141,471,000	98,166,000	207,129,000	105,124,000	113,496,000	154,500,000	64,630,000	199,339,000	131,301,000	47,470,000	124,236,000	233,291,000	242,920,000	246,119,000	165,410,000	133,939,000	72,434,000	157,768,000	126,960,000	136,940,000	306,203,000	-20,083,000	104,274,000	399,516,000	84,072,000	-13,602,000	193,824,000	186,209,000	73,441,000	43,093,000	142,087,000	17,774,000	128,754,000	169,753,000	221,273,000	302,392,000	82,905,000	22,372,000
cash flows from investing activities
net increase in loans	-656,118,000	-359,638,000	-351,849,000	-513,237,000																	529,796,000	-257,379,000	-517,174,000	-1,395,767,000	-65,346,000	171,586,000	-27,413,000	-216,817,000	-3,875,000	16,192,000	-177,860,000	-160,921,000	129,400,000	-172,136,000	-706,147,000	-113,051,000	-220,695,000	-180,593,000	-749,400,000	-531,891,000
purchases of:
afs securities	-534,565,000	-445,046,000	-518,310,000	-391,952,000	-2,137,592,000	-482,170,000	-354,182,000	-341,275,000	-827,134,000	-161,175,000	-266,940,000	-681,386,000	-448,576,000	-8,489,000	-93,536,000	-409,376,000	-761,294,000	-823,591,000	-352,969,000	-809,140,000
htm securities		0	0	-994,000					2,847,000	0	0	-41,524,000	-55,226,000	-43,555,000	-66,970,000	-135,301,000	-372,226,000	-168,891,000	-44,153,000	-37,215,000
regulatory stocks and equity securities	-56,881,000
proceeds from:
sales of htm securities	1,222,000
sales of regulatory stocks and equity securities	19,206,000
prepayments, calls, and maturities of afs securities	380,404,000	257,160,000	297,498,000	206,882,000	499,043,000	331,742,000	152,724,000	176,266,000	109,362,000	115,633,000	92,934,000	79,746,000	101,922,000	96,096,000	128,193,000	167,986,000
prepayments, calls, and maturities of htm securities	31,062,000	36,881,000	34,606,000	34,673,000	31,346,000	29,508,000	34,868,000	28,026,000	41,154,000	39,635,000	29,159,000	33,053,000	43,442,000	41,367,000	60,590,000	51,206,000
sales, prepayments, calls, and maturities of other assets	3,734,000	11,116,000	5,182,000	2,631,000		11,059,000	-2,637,000	4,337,000		2,236,000	7,873,000	10,115,000		8,209,000	5,511,000	18,012,000		5,728,000	3,896,000	8,525,000		5,729,000	2,246,000	10,482,000		-390,000	3,885,000	3,179,000		14,603,000	8,458,000	1,182,000		4,480,000	3,060,000	3,293,000		5,989,000	3,796,000	9,566,000
sale of mortgage portfolio		0	0	564,375,000
premises, equipment, and software	-8,701,000	-10,545,000	-10,574,000	-7,472,000	-13,285,000	-11,686,000	-11,516,000	-8,500,000
net change in tax credit and alternative investments	-3,543,000	-1,897,000	-7,455,000	-7,448,000	-16,962,000	-14,189,000	-1,258,000	-2,409,000	-10,640,000	-5,499,000	-7,083,000	-7,033,000	-7,937,000	-16,200,000	-23,893,000	-10,293,000	-22,800,000	-11,455,000	-21,210,000	-12,990,000	-19,504,000	-5,354,000	-12,399,000	-17,877,000	-17,515,000	-19,303,000	-12,042,000	-18,772,000
net cash from investing activities	-824,180,000	-485,254,000	-637,502,000	-127,119,000	-1,045,962,000	-517,942,000	-379,773,000	-275,320,000	788,154,000	-407,091,000	-740,998,000	-1,076,322,000	-1,273,860,000	-1,300,385,000	-2,040,521,000	-640,045,000	-1,422,146,000	-411,096,000	261,410,000	-12,354,000	778,888,000	-250,255,000	-394,863,000	-927,507,000	35,815,000	613,389,000	1,130,760,000	-162,518,000	2,826,000	133,153,000	-166,515,000	-350,336,000	-212,653,000	-302,097,000	-841,680,000	-40,428,000	-174,621,000	-225,969,000	-713,859,000	-526,133,000
cash flows from financing activities
net increase in deposits	179,157,000			548,279,000	1,094,136,000	863,258,000	-1,022,118,000	267,109,000	1,322,723,000	108,917,000	1,682,585,000	695,723,000	437,636,000	622,067,000	171,229,000	-60,949,000	615,261,000	587,064,000	-412,769,000	1,225,867,000	2,149,000	161,227,000	890,037,000	1,443,965,000	-642,744,000	-851,660,000	-984,008,000	635,664,000	65,781,000	1,015,298,000	-9,288,000	-801,310,000	452,511,000				140,736,000	1,454,862,000	-392,610,000	-322,205,000
net increase in short-term funding	87,788,000	324,080,000	-235,751,000	-159,033,000	-446,659,000	57,489,000	93,868,000	438,891,000			114,645,000	-379,329,000	321,576,000	-421,260,000	306,260,000	45,098,000	31,767,000	96,291,000	36,527,000	-62,639,000	46,000,000	24,489,000	15,173,000	-324,317,000	356,669,000	-3,539,000	-47,134,000	2,043,000	-53,086,000	-46,365,000	-1,606,789,000	1,124,869,000	-388,335,000	-337,865,000	321,615,000	-11,168,000	-148,058,000	-671,464,000	494,149,000	582,992,000
net increase in short-term fhlb advances	154,750,000	-660,000,000	2,050,000,000	170,000,000			1,337,000,000	-602,000,000	-1,805,000,000	105,000,000	-1,345,000,000	660,000,000	542,000,000	538,000,000	1,725,000,000	320,000,000					0	0	-550,000,000	30,000,000	305,000,000	135,000,000	60,000,000	-880,000,000	495,000,000
repayment of long-term fhlb advances	-33,000	-133,000	-400,033,000	-32,000	-600,284,000	-31,000	-32,000	-664,000	-31,000	-31,000	-30,000	-507,000	446,000	-5,134,000	5,708,000	-414,578,000	-161,000	-227,000	-15,095,000	-2,954,000	-74,195,000	-950,194,000	-11,119,000	-5,464,000	-1,621,000	-156,000	-762,711,000	-169,000	-250,004,000
repayment of finance lease principal		-22,000	-23,000	-22,000																	-37,000
repayment of long-term funding		0	0	-250,000,000																												-250,000,000	-3,000	-115,005,000	-4,000	-8,000	-11,000	-750,009,000	-8,000	-430,010,000
proceeds from issuance of common stock for stock-based compensation plans	7,121,000	2,590,000	94,000	2,192,000	24,295,000	8,845,000	526,000	3,910,000	1,935,000	503,000	93,000	1,766,000	3,002,000	1,266,000	139,000	6,654,000	7,073,000	455,000	7,618,000	10,556,000	801,000	96,000	173,000	2,896,000	2,146,000	1,198,000	827,000	7,045,000	1,015,000	1,246,000	5,456,000	10,691,000	5,159,000	1,515,000	3,005,000	17,940,000	13,999,000	3,473,000	2,071,000	2,205,000
purchase of treasury stock, open market purchases	-25,202,000	0	0	-22,292,000	0	0	0	-18,289,000									-25,012,000	-59,998,000	-29,972,000	-17,973,000	0	0	0	-71,255,000
purchase of treasury stock, stock-based compensation plans	-6,377,000	-346,000	-94,000	-5,816,000	-227,000	-347,000	-1,088,000	-4,572,000	-86,000	-261,000	-884,000	-5,362,000	-221,000	-181,000	-885,000	-5,193,000	-285,000	-112,000	-857,000	-3,593,000	-103,000	-462,000	7,000	-5,555,000
cash dividends on common stock	-40,058,000	-38,530,000	-38,498,000	-38,538,000	-38,564,000	-33,599,000	-33,507,000	-33,527,000	-33,529,000	-31,996,000	-31,996,000	-32,013,000	-31,881,000	-30,342,000	-30,331,000	-30,583,000	-29,823,000	-30,545,000	-27,823,000	-27,870,000	-27,867,000	-27,875,000	-27,889,000	-28,392,000	-28,556,000	-27,289,000	-27,776,000	-28,183,000	-28,088,000	-25,614,000	-26,107,000	-25,710,000	-21,359,000	-18,254,000	-18,436,000	-18,368,000	-18,213,000	-16,608,000	-16,625,000	-16,409,000
cash dividends on preferred stock	-2,875,000	-2,875,000	-2,875,000	-2,875,000	-2,875,000	-2,875,000	-2,875,000	-2,875,000	-2,875,000	-2,875,000	-2,875,000	-2,875,000	-2,875,000	-2,875,000	-2,875,000	-2,875,000	-2,875,000	-4,154,000	-4,875,000	-5,207,000	-5,206,000	-5,207,000	-4,144,000	-3,801,000	-3,800,000	-3,801,000	-3,800,000	-3,801,000	-3,707,000	-2,409,000	-2,329,000	-2,339,000	-2,339,000	-2,339,000	-2,339,000	-2,330,000	-2,348,000	-2,188,000	-2,169,000	-2,198,000
payments for other financing activities		0	0	-52,000
net cash from financing activities	354,271,000	359,948,000	523,675,000	241,810,000	891,395,000	420,765,000	373,789,000	48,580,000	-641,750,000	290,880,000	416,517,000	1,230,238,000	1,268,660,000	702,441,000	2,163,605,000	-130,521,000	596,407,000	190,621,000	-508,245,000	1,085,319,000	-1,303,464,000	-785,713,000	1,422,118,000	1,038,079,000	-310,890,000	-810,439,000	-1,304,096,000	-54,235,000	133,705,000	-244,394,000	131,269,000	24,403,000	294,957,000				-14,726,000	56,004,000	733,426,000	405,484,000
net increase in cash and cash equivalents	-334,044,000	32,667,000	27,645,000	212,856,000	52,562,000	7,947,000	107,511,000	-72,239,000	211,034,000	83,127,000	-193,178,000	201,385,000	119,036,000	-364,652,000	366,003,000	-524,447,000	-660,329,000	-86,536,000	-174,400,000	1,230,732,000													224,391,000	-78,199,000	-119,642,000	47,235,000	31,926,000	132,427,000	102,472,000	-98,277,000
cash and cash equivalents at beginning of period	1,720,221,000	0	0	1,019,604,000	0	0	0	923,823,000	0	0	0	621,455,000	0	0	0	1,025,515,000	0	0	0	716,048,000													0	0	0	642,233,000	0	0	0	473,685,000
cash and cash equivalents at end of period	1,386,177,000	32,667,000	27,645,000	1,232,460,000	52,562,000	7,948,000	107,511,000	851,583,000	211,034,000	83,127,000	-193,178,000	822,840,000	119,036,000	-364,652,000	366,003,000	501,068,000	-660,328,000	-86,536,000	-174,401,000	1,946,780,000													224,391,000	-78,199,000	-119,642,000	689,468,000	31,926,000	132,427,000	102,472,000	375,408,000
supplemental disclosures of cash flow information
cash paid for interest	219,035,000																							66,316,000		87,642,000	87,029,000	91,521,000	75,849,000	73,483,000	62,106,000	50,286,000	40,023,000	40,845,000	30,775,000	26,531,000	19,898,000	22,055,000	18,275,000	28,041,000
increase in expense payable					12,983,000								12,697,000	6,797,000				13,235,000	24,092,000	-12,818,000		17,019,000	12,013,000	-61,924,000		19,584,000	15,731,000	-51,247,000
fhlb and federal reserve bank stocks and equity securities		-9,714,000	-106,348,000	-71,364,000	-32,208,000	-23,013,000	-82,607,000	-16,585,000	-31,323,000
sales of afs securities					1,131,759,000	0	0	9,472,000												51,295,000
sales of fhlb and federal reserve bank stocks and equity securities		36,429,000	19,749,000	56,786,000
proceeds from long-term fhlb advances		898,000			0	0	2,037,000	619,000	0	1,254,000	0	115,000	-63,000	922,000	-10,590,000	11,506,000	374,000	1,325,000	5,000,000	251,000	215,000	0			0	0	500,940,000	250,633,000	-4,096,000
proceeds from issuance of long-term funding					0				0	0	0	292,740,000																	0				250,000,000	0			0	0	650,000,000	615,000,000
payment of debt issuance costs					-185,000
increase in interest receivable																			4,669,000	3,797,000			5,280,000	-1,181,000	5,119,000										4,000	-761,000
increase in net derivative position			-14,834,000	-36,128,000	60,488,000	-72,138,000	-24,485,000	35,008,000	-97,637,000	40,896,000	5,228,000	-42,403,000							-12,996,000	69,829,000			-61,592,000	-77,369,000		-48,292,000
net decrease in deposits																																			-209,855,000	-60,413,000
mortgage loans originated and acquired for sale				-92,584,000	-167,357,000	-176,174,000	-168,964,000	-105,394,000	-112,365,000	-115,074,000	-99,141,000	-69,254,000	-64,420,000	-131,743,000	-151,838,000	-252,113,000		-455,843,000	-476,670,000	-412,645,000		-458,360,000	-550,420,000	-310,254,000		-365,108,000	-296,660,000	-162,521,000	-244,699,000	-331,334,000	-318,682,000	-197,603,000	-249,222,000	-245,851,000	-119,004,000	-101,280,000	-287,194,000	-466,092,000	-323,989,000	-193,849,000
losses on sales of investment securities													1,934,000	-248,000	9,000	-21,000					0						-463,000	-1,680,000	0
decrease in net tax position
net (increase) in loans					-539,554,000	-416,131,000	-156,270,000	-222,656,000		-381,977,000	-640,656,000	-414,268,000
sales, prepayments, calls and maturities of other assets
(loss) on prepayments of fhlb advances
(repayment) proceeds of finance lease principal									-22,000	-21,000	-22,000	-21,000	-21,000	-21,000	-51,000	399,000		-21,000	-998,000	-37,000
proceeds from issuance of common stock
other
(gains) on sales of investment securities						0	0	-3,857,000
sale of fhlb and federal reserve bank stocks and equity securities						56,939,000	41,105,000	98,005,000
net (decrease) in short-term fhlb advances
(repayment) of finance lease principal						-22,000	-22,000	-22,000
(increase) in interest receivable										-11,934,000	-6,781,000	-7,955,000
(decrease) in expense payable							15,785,000	-30,827,000		18,250,000	11,514,000	-52,396,000				-46,737,000
(gains) loss on mortgage banking activities								-22,000
asset (gains)									136,000			-263,000	545,000	-18,000	-1,677,000	-188,000
(gains) on sale of branches
net decrease in loans													-984,100,000	-1,324,280,000	-1,965,173,000	-305,878,000
net cash received in business segment sale																		0
premises, equipment, and software, net of disposals									-18,272,000	-13,878,000	-15,765,000	-13,898,000	-17,270,000	-12,068,000	-16,232,000	-17,141,000		-14,631,000	-13,229,000	-6,477,000		-11,863,000	-11,532,000	-11,045,000	-17,074,000	-19,777,000	-17,240,000	-13,368,000	-22,913,000	-19,009,000	-14,040,000	-9,892,000	-14,444,000	-13,636,000	-5,703,000	-13,586,000	-13,190,000	-9,230,000	-10,776,000	-70,685,000
net decrease in deposits due to branch sales																	0	0	0	-31,083,000
repayment of senior notes
redemption of preferred shares																		-99,458,000												0	-568,000	-78,000
net (decrease) in short-term funding
federal home loan bank and federal reserve bank stocks and equity securities											-40,730,000	-56,892,000	-17,563,000	-41,718,000	-69,338,000	-1,000
sale of federal home loan bank and federal reserve bank stocks and equity securities											100,210,000	15,765,000
changes in certain assets and liabilities
purchases of
other intangibles																					0	0	0	-200,000
proceeds from
sales of federal home loan bank and federal reserve bank stocks and equity securities
net cash (paid) in acquisitions
proceeds from issuance of preferred stock																																					0
cash flow from operating activities
adjustments to reconcile net income to net cash from operating activities
cash flow from investing activities
sales of afs and equity securities														251,000	327,000	742,000
cash flow from financing activities
(gains) on sale of branch
(decrease) in interest payable																-1,917,000
benefit from credit losses																			-35,005,000	-23,004,000			61,000,000	53,001,000	0
addition to (recovery of) valuation allowance on mortgage servicing rights																	-3,955,000	-1,992,000	339,000	-10,578,000	-777,000	1,452,000	7,931,000	9,098,000	-114,000	31,000	25,000	121,000	124,000	-62,000	-133,000	-474,000					-2,686,000	366,000
amortization of mortgage servicing rights																	3,812,000	4,272,000	4,964,000	6,388,000	6,248,000	6,373,000	6,408,000	3,635,000	3,683,000	3,301,000	2,755,000	2,693,000	2,451,000	2,494,000	2,325,000	2,324,000	2,449,000	2,551,000	2,607,000	2,477,000	3,185,000	3,246,000	3,022,000	2,874,000
losses (gains) on sales of investment securities																			-23,000	39,000			-3,096,000	-6,118,000	-26,000
(gain) on mortgage banking activities
increase in accrued expenses
increase in derivative position
increase in net income tax position																			-38,406,000	10,627,000
net decrease (increase) in loans																			203,437,000	274,733,000
federal home loan bank and federal reserve bank stocks																			0	-1,000	0	-5,999,000	-28,359,000	-49,794,000	-32,282,000	-36,191,000	-90,118,000	-88,245,000	-79,891,000	-29,242,000	-93,675,000	-144,515,000	-67,630,000	-28,487,000	-108,507,000	-58,362,000	-19,786,000	-5,714,000	-32,648,000	-34,613,000
sale of federal home loan bank and federal reserve bank stocks																					0	44,000,000	45,000,000	55,000,000	12,377,000	31,507,000	104,300,000	121,839,000	50,181,000	57,458,000	77,850,000	96,656,000	74,745,000	37,221,000	66,600,000	59,090,000
prepayments, calls, and maturities of afs investment securities																	289,604,000	227,469,000	280,349,000	419,235,000
prepayments, calls, and maturities of htm investment securities																	56,698,000	47,956,000	97,911,000	97,196,000
net cash received in sale of subsidiary
net cash (paid) received in acquisitions
redemption of corporation's senior notes
redemption of preferred stock																																					0
losses on sale of branch
sales of securities																		0
net cash received in acquisition																													0	0	-133,000	59,605,000					0	0	0	-685,000
proceeds from ppplf																						12,457,000
proceeds from issuance of preferred shares																					-125,000	-208,000							0
asset (gains) losses																			13,000	-4,809,000			-157,361,000	77,000	-397,000
(gains) losses on sale of branch																			-36,000	-1,002,000
(gain) loss on mortgage banking activities																			-13,682,000	-10,326,000			-12,271,000	-14,274,000	-4,154,000
increase in unsettled trades																				3,000,000		-19,515,000
net cash (paid) received in acquisition																							-66,000	-31,452,000	0
net cash received in whitnell sale																				2,484,000
pension contributions
net cash received in abrc sale																					0	-60,000
net cash received in acquisitions
common stock warrants exercised
purchase of preferred shares
purchase of common stock returned to authorized but unissued																													0	0	-6,595,000	-26,480,000	0				0	0	0	-20,007,000
net increase in cash, cash equivalents, and restricted cash																					-397,614,000	-899,029,000	1,333,459,000	90,488,000	-170,800,000	202,465,000	-89,264,000	-230,355,000	330,355,000	74,968,000	38,195,000	-282,840,000
cash, cash equivalents, and restricted cash at beginning of period																					0	0	0	588,744,000	0	0	0	876,698,000	0	0	0	716,018,000
cash, cash equivalents, and restricted cash at end of period																					-397,615,000	-899,028,000	1,333,459,000	679,232,000	-170,801,000	202,467,000	-89,265,000	646,343,000	330,357,000	74,968,000	38,195,000	433,178,000
available for sale securities																						-500,431,000	-774,206,000	-93,487,000	0	0	-339,842,000	-120,282,000	0	-81,631,000	-9,505,000	-646,444,000	-436,111,000	-283,683,000	-253,955,000	-163,442,000	-455,455,000	-354,013,000	-312,558,000	-182,895,000
held to maturity securities																						-44,261,000	-36,100,000	-29,463,000	-101,092,000	-152,815,000	-29,105,000	-140,670,000	-129,364,000	-123,294,000	-221,447,000	-208,517,000	-112,783,000	-50,627,000	-68,314,000	-2,655,000	-43,886,000	-39,330,000	-83,656,000	-28,570,000
sales of available for sale securities																						7,000	261,037,000	365,239,000	26,000	433,222,000	803,106,000	131,122,000	0	108,070,000	40,194,000	452,866,000					189,964,000	107,000	240,105,000	119,379,000
prepayments, calls, and maturities of available for sale investment securities																						394,132,000	312,529,000	186,496,000	161,011,000	137,776,000	127,331,000	135,541,000	146,001,000	157,341,000	171,793,000	158,724,000		162,711,000	158,232,000	231,019,000		279,963,000	190,982,000	180,458,000
prepayments, calls, and maturities of held to maturity investment securities																						131,222,000	107,593,000	84,360,000	92,132,000	67,775,000	56,650,000	43,953,000	49,711,000	46,513,000	63,452,000	58,160,000		70,589,000	58,060,000	22,916,000		18,407,000	22,143,000	15,029,000
proceeds from finance lease principal																							-1,008,000	1,000
cash paid for (received from) income and franchise taxes																								1,373,000		17,070,000	27,669,000	-5,760,000
loans and bank premises transferred to oreo																								3,374,000
capitalized mortgage servicing rights																								3,716,000		5,325,000	2,328,000	1,247,000	2,896,000	3,324,000	-5,371,000	9,873,000	2,345,000	1,544,000	1,358,000	1,920,000	3,561,000	4,552,000	2,293,000	1,856,000
loans transferred into held for sale from portfolio																								205,065,000		295,879,000	29,523,000	1,074,000	-23,540,000	43,841,000	9,697,000	3,012,000	-3,335,000	13,025,000	48,359,000	13,905,000	6,000	125,494,000
unsettled trades to purchase securities																											-11,108,000	11,244,000			3,244,000	12,095,000
acquisition
fair value of assets acquired, including cash and cash equivalents																								457,448,000		-165,000			-72,000	-2,140,000	2,577,000	2,567,123,000					0	0	0	522,000
fair value ascribed to goodwill and intangible assets																								22,538,000		211,000	29,705,000	-79,000	101,000	2,257,000	16,309,000	242,576,000	6,233,000	0	0	217,000	0	0	0	4,119,000
fair value of liabilities assumed																								479,985,000		45,000			29,000	-488,154,000	18,883,000	2,809,565,000					0	0	0	1,423,000
equity issued in (adjustments related to) acquisition																										0	0	-79,000
deferred income taxes
increase in derivative asset
purchase of treasury stock																									-47,983,000	-60,193,000	-40,433,000	-37,467,000	-89,218,000									-225,000	-1,226,000	-2,792,000
pension contribution																														-10,506,000
increase in cash collateral																										30,540,000	2,645,000	-41,422,000	19,342,000
loans and bank premises transferred to other real estate owned																											3,184,000	2,222,000	5,736,000	-518,000	19,170,000	2,129,000	5,633,000	2,605,000	2,346,000	921,000	918,000	4,130,000	1,544,000	3,160,000
cash paid for income and franchise taxes																																					22,432,000
common stock issued in acquisition																															3,000	134,000
sales of held to maturity securities																																		0
net change in tax credit investments																														-13,848,000	-11,602,000	-7,240,000	-18,743,000
cash paid for income taxes																														4,661,000	11,748,000	926,000		34,498,000	26,409,000	1,052,000			26,685,000	1,167,000
equity issued in acquisition
gain on sales of investment securities																																	-75,000	-3,000			-3,115,000	13,000	-3,116,000	-3,098,000
net increase in fhlb advances
purchase of treasury stock for tax withholding																															-477,000	-5,240,000	-677,000	-168,000	-702,000	-7,743,000
gain on mortgage banking activities																																					-5,319,000	-14,683,000	-3,952,000	-3,106,000
prepayments, calls, and maturities of available for sale securities
prepayments, calls, and maturities of held to maturity securities
prepayments, calls and maturities of other assets
purchase of preferred stock																																					0	0	-156,000	-1,092,000
addition to valuation allowance on mortgage servicing rights																																		11,000	58,000	217,000				909,000
deferred pension cost - contributions
net cash paid in acquisition																																		0	0	-217,000
tax impact of stock based compensation																																			549,000	3,486,000				162,000
other assets																																			-1,065,000	-5,433,000	-6,429,000	-1,555,000	-1,847,000	-1,226,000
net cash provided (used) by financing activities																																			593,284,000	-82,090,000
supplemental disclosures of cash flow information:
acquisition:
decrease in interest payable																																				-185,000				-6,121,000
commercial loans held for sale																																				-2,155,000				-30,089,000
tax benefit of stock based compensation																																						407,000
loss on sales of assets and impairment write-downs
sales of federal home loan bank stock																																						60,000,000
unsettled trades to sell securities
gain on sales of assets and impairment write-downs																																							343,000	-524,000
recovery of valuation allowance on mortgage servicing rights
fhlb stock
sale of fhlb stock
prepayments, calls, and maturities of other assets
net decrease in cash and cash equivalents

Associated Banc-Corp(NYSE:ASB)

Associated Banc-Corp
(NYSE:ASB)