Associated Bank
Associated Bank reported total assets of $51.8 bn at Q2 2026, up 17.8% on a year earlier, the 50th largest of 497 banks in our US coverage. The CET1 capital ratio at Associated Bank was 10.23%, and the uninsured share of Associated Bank was 48.97%. Source: FDIC Call Reports.
Key takeaways
- Associated Bank reports one of the lowest common equity tier 1 (CET1) ratio readings among banks of $10 bn to $100 bn: 10.23% at , where the median of the 126 banks is 12.97% (FDIC Call Reports).
- Since , Associated Bank has taken over 3 institutions; the latest was American National Bank on (FDIC Call Reports).
- On noncurrent loans to total loans, Associated Bank climbed from 200th to 157th among 500 US banks between and (1 = lowest; FDIC Call Reports).
What sets Associated Bank apart
How large is Associated Bank?
The balance sheet of Associated Bank at : assets $51.8 bn, deposits $40.1 bn, net loans $36.1 bn (loans equal to 90.07% of deposits). Securities make up 19.1% of total assets at Associated Bank. Since , when Associated Bank held $28.0 bn, its assets grew 84.6%. In the year to , deposits at Associated Bank rose 17.3% while its total assets rose 17.8%. At , Associated Bank employed 4,337 full-time equivalent staff across 218 offices, about $11.9 mn of assets per employee and $184.0 mn of deposits per office.
How much funding at Associated Bank is uninsured?
At Associated Bank, uninsured deposits (above the FDIC limit) made up 48.97% of domestic deposits at (+2.49 pp on a year earlier); Associated Bank ranks 92nd of 500 on this measure. In dollars, Associated Bank estimated $19.6 bn of uninsured deposits.
Key facts, Q2 2026
| Metric | Value | Change from a year earlier | US rank |
|---|---|---|---|
| Total deposits | $40.1 bn | +17.3% | 50th of 499 |
| Net loans and leases | $36.1 bn | +19.1% | 49th of 500 |
| Loan-to-deposit ratio | 90.07% | +1.36 pp | 188th of 500 |
| Tier 1 leverage ratio | 8.40% | +0.06 pp | 459th of 500 |
| Total risk-based capital ratio | 11.98% | -0.27 pp | 415th of 448 |
| Net interest margin | 3.12% | +0.15 pp | 385th of 500 |
| Return on assets (ROA) | 1.05% | +0.04 pp | 368th of 500 |
| Efficiency ratio | 57.69% | -0.16 pp | 284th of 500 (1 = lowest) |
| Unrealized gain/loss on held-to-maturity securities | Loss of $419.0 mn | Narrowed by $112.9 mn | |
| Unrealized gain/loss on available-for-sale securities | Loss of $45.3 mn | Turned from a gain into a loss | |
| Noncurrent loans to total loans | 0.42% | 0.00 pp | 157th of 500 (1 = lowest) |
| Net charge-offs to average loans | 0.17% | +0.03 pp | 324th of 500 (1 = lowest) |
US rank of Associated Bank: 1 = highest unless marked 1 = lowest.
Balance sheet
Associated Bank: assets, deposits and loans
- Total assets $51.8bn
- Deposits $40.1bn
- Net loans $36.1bn
Capital and securities
The CET1 ratio of Associated Bank stood at 10.23% in , -0.08 pp year on year. Low and high at Associated Bank since : 9.60% () to 11.75% (). Equity capital of Associated Bank at : $5.4 bn, or 10.4% of total assets. Associated Bank also reported a total capital ratio of 11.98% for , and a tier 1 leverage ratio of 8.40%.
On held-to-maturity securities, Associated Bank carried an unrealized loss of $419.0 mn at , equal to 7.8% of equity capital. The loss narrowed by $112.9 mn over the year. Its deepest point: $754.6 mn in . The available-for-sale portfolio of Associated Bank showed an unrealized loss of $45.3 mn at ; the loss turned from a gain into a loss over the year.
Associated Bank: capital ratios
- Total capital 12%
- CET1 10%
- Tier 1 leverage 8.4%
Associated Bank: unrealized securities gains and losses
- Available for sale -$45mn
- Held to maturity -$419mn
Profitability and loan quality
For the year to , Associated Bank earned a return on equity of 9.94%; return on assets: 1.05%. Net interest margin at Associated Bank: 3.12%, +0.15 pp in a year. Associated Bank net income: $248.3 mn, up 14.0% year on year. The efficiency ratio of Associated Bank was 57.69%: about 58 cents cost per revenue dollar, against 57 cents at the median peer.
At , noncurrent loans were 0.42% of total loans at Associated Bank; net charge-offs: 0.17% of average loans. Gross loans and leases at Associated Bank: $36.6 bn, up 19.1% in a year.
Associated Bank: profitability
- Return on equity 9.9%
- Net interest margin 3.1%
- Return on assets 1.0%
Peer group of Associated Bank
The peer group of Associated Bank is the 6 banks nearest to it by total assets at : 3 larger and 3 smaller. Of the peers, 4 share the charter type of Associated Bank (national bank), 6 sit in the same size group ($10 bn to $100 bn) and 0 have head offices in Wisconsin. Against them, Associated Bank shows CET1 ratio 10.23% against a peer median of 13.73%, return on equity 9.94% against a peer median of 13.44% and uninsured deposit share 48.97% against a peer median of 26.82%.
| Bank | Charter | State | Total assets | CET1 ratio | Return on equity | Uninsured share | |
|---|---|---|---|---|---|---|---|
| SoFi Bank | National bank | UT | $56.8 bn | 15.17% | 15.41% | 5.01% | |
| Frost Bank | State member bank | TX | $54.0 bn | 14.42% | 15.30% | 52.16% | |
| BOKF | National bank | OK | $53.0 bn | 12.29% | 11.57% | 52.92% | |
| Associated Bank | National bank | WI | $51.8 bn | 10.23% | 9.94% | 48.97% | |
| First National Bank of Pennsylvania | National bank | PA | $50.8 bn | 11.40% | 8.90% | 40.17% | |
| EverBank | National bank | FL | $46.7 bn | 13.04% | 11.14% | 13.47% | |
| Raymond James Bank | State member bank | FL | $45.6 bn | 15.13% | 22.98% | 8.81% | |
. FDIC Call Reports.
Last eight quarters
Two years at Associated Bank, to : assets +22.8%, deposits +18.6%, equity +26.0%. Staff 4,018 to 4,337; offices 191 to 218.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $42.2 bn | $43.0 bn | $43.2 bn | $43.9 bn | $44.4 bn | $45.1 bn | $45.5 bn | $51.8 bn |
| Total deposits | $33.8 bn | $34.9 bn | $35.2 bn | $34.2 bn | $34.9 bn | $35.6 bn | $35.8 bn | $40.1 bn |
| Bank equity capital | $4.3 bn | $4.5 bn | $4.5 bn | $4.6 bn | $4.7 bn | $4.8 bn | $4.8 bn | $5.4 bn |
| CET1 ratio | 9.80% | 10.11% | 10.25% | 10.31% | 10.40% | 10.52% | 10.52% | 10.23% |
| Return on equity (ROE) | 9.53% | 3.07% | 9.26% | 9.59% | 10.01% | 10.44% | 10.10% | 9.94% |
| Uninsured share of domestic deposits | 44.29% | 44.32% | 45.86% | 46.49% | 46.07% | 47.84% | 49.44% | 48.97% |
| Full-time equivalent employees | 4,018 | 3,935 | 3,989 | 4,003 | 3,949 | 3,886 | 3,933 | 4,337 |
| Number of offices | 191 | 191 | 186 | 187 | 187 | 187 | 187 | 218 |
FDIC Call Reports.
Mergers and acquisitions
The FDIC history of Associated Bank, oldest first; figures before and after each event are not like for like.
- . Absorbed Bank Mutual (FDIC certificate 30125).
- . Absorbed The First National Bank in Staunton (FDIC certificate 14924).
- . Absorbed American National Bank (FDIC certificate 19300).
Questions and identifiers
What were the total assets of Associated Bank?
Associated Bank reported $51.8 bn at in its Call Report. That makes Associated Bank the 50th largest of 497 banks in our US coverage.
Is Associated Bank the same as its holding company?
No. This page covers Associated Bank, FDIC certificate 5296; ASSOCIATED BANC-CORP (as reported to the FDIC), its holding company, reports separately to the Federal Reserve.
Is Associated Bank profitable?
Associated Bank reported net income of $248.3 mn for the year to ; annualized return on equity: 9.94%. So yes: Associated Bank made a profit over these months.
When is data for Associated Bank next updated?
Figures from Associated Bank for are due after .
Where can I check the figures for Associated Bank?
In the FDIC BankFind Suite record for certificate 5296, and in the Call Reports of Associated Bank (RSSD ID 917742) at the FFIEC Central Data Repository.