Associated banc-corp (ASB)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Interest income
Interest and fees on loans

998,099

976,990

749,000

659,538

615,627

598,582

587,526

595,965

582,739

608,487

752,265

952,653

Interest and dividends on investment securities
Taxable

100,304

119,741

96,909

95,152

100,292

102,464

88,919

86,945

123,371

155,032

189,157

132,994

Tax-exempt

57,565

44,782

32,977

32,049

31,152

29,064

27,345

28,655

29,937

33,915

35,799

39,734

Other interest

16,643

12,623

7,719

4,829

6,591

6,635

5,193

6,719

5,575

8,692

4,035

1,328

Total interest income

1,172,610

1,154,137

886,605

791,568

753,662

736,745

708,983

718,284

741,622

806,126

981,256

1,126,709

Interest expense
Interest on deposits

237,286

176,118

94,025

50,335

33,125

26,294

31,267

41,431

65,748

106,023

160,874

263,306

Interest on federal funds purchased and securities sold under agreements to repurchase

1,579

2,006

2,527

1,314

943

1,219

1,322

2,687

6,196

7,196

-

-

Interest on other short-term funding

149

186

293

248

465

785

1,519

3,294

6,215

787

16,199

86,584

Interest on FHLB advances

69,816

73,668

30,364

10,741

-

-

-

-

-

-

-

-

Interest on long-term funding

28,106

22,579

18,176

21,657

42,851

27,480

29,332

44,880

50,632

58,341

78,178

80,671

Total interest expense

336,936

274,557

145,385

84,295

77,384

55,778

63,440

92,292

128,791

172,347

255,251

430,561

Net interest income

835,674

879,580

741,220

707,273

676,278

680,967

645,543

625,992

612,831

633,779

726,005

696,148

Provision for credit losses

16,000

0

26,000

70,000

37,500

16,000

10,100

10,100

52,000

390,010

750,645

202,058

Net interest income after provision for credit losses

819,674

879,580

715,220

637,273

638,778

664,967

635,443

615,892

560,831

243,769

-24,640

494,090

Noninterest income
Noninterest Income In Scope of Topic 606

288,247

290,084

262,175

252,651

65,471

68,779

70,009

68,917

75,908

96,740

116,918

118,368

Retail commission income

-

-

-

-

-

-

-

-

-

-

-

62,588

Capital markets, net

19,862

20,120

19,642

22,059

14,558

12,862

13,080

14,241

8,711

6,072

5,536

7,390

Insurance commissions and fees

-

-

-

-

75,363

44,421

44,024

47,014

45,554

43,829

60,678

-

Card-based and loan fees

-

-

-

-

47,912

47,114

49,913

47,862

57,905

59,299

55,077

48,540

Trust and asset management fees

-

-

-

-

48,840

48,403

45,633

40,737

39,145

37,853

36,009

38,420

Brokerage commission and fees

-

-

-

-

15,378

16,089

14,877

15,643

17,230

17,427

-

-

Total core fee-based revenue

-

-

-

-

-

-

224,456

-

-

-

-

-

Mortgage banking, net

31,878

19,911

19,360

38,121

32,263

21,320

48,847

63,500

12,723

33,136

40,882

14,684

Bank and corporate owned life insurance

14,845

13,951

16,250

14,371

9,796

13,576

11,855

13,952

14,896

15,761

16,032

19,804

Asset gains (losses), net

-

-

-

-86

2,540

10,830

5,413

-12,096

-12,199

-12,065

-4,071

-1,668

Asset gains (losses), net(b)

2,713

-1,103

-1,244

-

-

-

-

-

-

-

-

-

Investment securities gains (losses), net

5,957

-1,985

434

9,316

8,133

494

564

4,261

-228

28,854

11,705

-

Other-than-temporary impairments

-

-

-

-

-

-

-

59

2,417

6,058

4,406

-52,546

Less: Non-credit portion recognized in other comprehensive income (before taxes)

-

-

-

-

-

-

-

59

1,533

2,121

1,475

-

Realized gains, net

-

-

-

-

-

-

-

-

-

-

-

5

Investment securities gains, net

-

-

-

-

-

-

-

4,261

-1,112

24,917

8,774

-52,541

Other

11,165

9,051

9,523

8,519

9,103

6,973

8,884

9,259

14,358

12,493

15,126

30,065

Total noninterest income

380,824

355,568

332,680

352,883

329,357

290,861

313,099

313,290

273,119

335,462

350,961

285,650

Noninterest expense
Personnel

487,063

482,676

428,976

424,676

404,741

390,399

397,015

381,404

360,144

325,063

304,390

309,478

Technology

82,429

72,674

63,004

57,300

60,613

55,472

49,445

43,548

32,475

29,714

30,893

30,451

Occupancy

62,399

59,121

53,842

56,069

60,896

57,677

59,409

60,794

55,939

49,937

49,341

50,461

Business development and advertising

29,600

30,923

28,946

26,351

25,772

26,144

23,346

21,303

23,038

18,385

18,033

21,400

Equipment

23,550

23,243

21,201

21,489

23,209

24,784

25,351

23,566

19,873

18,371

18,385

19,123

Legal and professional

19,901

23,061

22,509

19,869

17,052

17,485

20,226

31,232

18,205

20,439

19,562

14,566

Loan and foreclosure costs

8,861

7,410

7,293

13,641

14,102

13,866

13,162

12,285

12,008

9,965

10,186

-

Loan expense

8,861

7,410

7,293

13,641

14,102

-

-

-

12,008

9,965

10,186

-

Losses other than loans

-

-

-

-

-

-

-

-

17,921

14,793

16,954

-

Foreclosure / OREO expense, net

-

-

-

4,844

5,442

7,264

10,068

15,069

21,393

23,783

38,129

13,685

FDIC assessment

16,250

30,000

31,300

34,750

26,000

23,761

19,461

19,478

28,484

46,377

41,934

2,524

Other intangible amortization

9,948

8,159

1,959

2,093

3,094

3,747

4,043

4,195

4,714

4,919

5,543

6,269

Other

46,666

55,530

50,102

41,478

57,426

59,184

59,123

61,849

56,329

58,513

58,070

89,503

Total noninterest expense

793,988

821,799

709,133

702,560

698,347

679,783

680,649

674,723

650,523

620,259

611,420

557,460

Income (loss) before income taxes

406,509

413,349

338,767

287,596

269,788

276,045

267,893

254,459

183,427

-41,028

-285,099

222,280

Income tax expense

79,720

79,786

109,503

87,322

81,487

85,536

79,201

75,486

43,728

-40,172

-153,240

53,828

Net income

326,790

333,562

229,264

200,274

188,301

190,509

188,692

178,973

139,699

-856

-131,859

168,452

Preferred stock dividends

15,202

10,784

9,347

8,903

7,155

5,002

5,158

5,200

24,830

29,531

29,348

3,250

Net income available to common equity

311,587

322,779

219,917

191,371

181,146

185,507

183,534

173,773

114,869

-30,387

-161,207

165,202

Earnings per common share
Basic

1.93

1.92

1.45

1.27

1.20

1.17

1.10

1.00

0.66

-0.18

-1.26

1.29

Diluted

1.91

1.89

1.42

1.26

1.19

1.16

1.10

1.00

0.66

-0.18

-1.26

1.29

Average common shares outstanding
Basic

160,534

167,345

150,877

148,769

149,350

157,286

165,584

172,255

173,370

171,230

127,858

127,501

Diluted

161,932

169,732

153,647

149,961

150,603

158,254

165,802

172,357

173,372

171,230

127,858

127,775

Effective Income Tax Rate Reconciliation, Change in Enacted Tax Rate, Percent

-

-

-

0.00%

-

-

-

-

-

-

-

-

Insurance commissions and fees
Noninterest Income In Scope of Topic 606

89,104

89,511

81,474

80,795

-

-

-

-

-

-

-

-

Wealth management fees(a)
Noninterest Income In Scope of Topic 606

83,467

82,562

70,126

46,867

-

-

-

-

-

-

-

-

Service charges and deposit account fees
Noninterest Income In Scope of Topic 606

63,135

66,075

64,427

66,609

-

-

-

-

-

-

-

-

Card-based fees
Noninterest Income In Scope of Topic 606

39,912

39,810

34,997

-

-

-

-

-

-

-

-

-

Service charges and account fees

39,755

39,656

34,834

-

-

-

-

-

-

-

-

-

Other fee-based revenue
Noninterest Income In Scope of Topic 606

12,629

12,126

11,151

-

-

-

-

-

-

-

-

-

Service charges and account fees

18,942

17,818

17,854

-

-

-

-

-

-

-

-

-

Brokerage Commission and Fees [Member]
Noninterest Income In Scope of Topic 606

-

-

-

16,235

-

-

-

-

-

-

-

-

Card-Based and Loan Fees [Member]
Service charges on deposit account fees

-

-

-

50,077

-

-

-

-

-

-

-

-

Bank Mutual [Member]
Gain (Loss) on Disposition of Assets for Financial Service Operations

-

2,000

-

-

-

-

-

-

-

-

-

-