Associated Banc-corp · NYSE:ASB
Associated Banc-corp — Q2 2013 Earnings Presentation
9 slides from Associated Banc-corp's earnings presentation, Jul 18, 2013
Slide 1: Associated Banc-Corp 2Q 2013 Earnings Presentation
Associated Banc-Corp 2Q 2013 Earnings Presentation July 18, 2013 Exhibit 99.2
Slide 2: Forward-Looking Statements
1 Forward-Looking Statements
Slide 3: Second Quarter 2013 Highlights
2 Second Quarter 2013 Highlights • Net income available to common shareholders of $47 million or $0.28 per share • Return on Tier 1 common equity of 9.9%, compared to 9.3% for Q2 2012 Solid Results Driven by Mortgage Banking and Net Interest Income Growth Net Income & ROT1CE Balance Sheet Net Intere
Slide 4: Loan Portfolio Growth and Composition
$16.0 $15.0 $14.0 $13.0 $120 Loan Portfolio Growth and Composition Average Loans of $15.7 billion for Second Quarter 2013 Average QuarterlyLoans ($ in billions) 2Q 2013 Average Net Loan Growth of $280 million ($ balancesin millions) i Loans (4Q 2008) $16.3 bali 42% QoQ Commercial Real Estate | $130
Slide 5: Growing Net Interest Income While Margin Compresses
4 Growing Net Interest Income While Margin Compresses Yield on Interest-earning Assets Cost of Interest-bearing Liabilities Net Interest Income & Net Interest Margin ($ in millions) 3.80% 3.73% 3.70% 3.52% 3.47% 2Q 2012 3Q 2012 4Q 2012 1Q 2013 2Q 2013 0.65% 0.62% 0.51% 0.45% 0.41% 2Q 2012 3Q 2012 4Q
Slide 6: Noninterest Income and Expense
5 Noninterest Income and Expense – Efficiency ratio = Noninterest expense, excluding amortization of intangibles, divided by sum of taxable equivalent net interest income plus noninterest income, excluding investment securities gains, net, and asset gains, net. This is a non-GAAP financial measure.
Slide 7: Continued Improvement in Credit Quality Indicators
6 Continued Improvement in Credit Quality Indicators ($ in millions) 2Q 2012 3Q 2012 4Q 2012 1Q 2013 2Q 2013 Potential problem loans $ 410 $ 404 $ 361 $ 344 $ 310 Nonaccruals $ 318 $ 278 $ 253 $ 225 $ 217 Provision for loan losses $ 0 $ 0 $ 3 $ 4 $ 4 Net charge offs $ 24 $ 18 $ 21 $ 14 $ 14 ALLL/Tot
Slide 8: Strong Capital Profile & Improving Earnings
7 Strong Capital Profile & Improving Earnings Tier 1 Common Equity Ratio Net Income Available to Common & ROT1CE Net Income Available to Common ($ in millions) Return on Tier 1 Common Equity • Current capital levels are well in excess of “well-capitalized” regulatory benchmarks – Existing capital le
Slide 9: Second Half Outlook
8 2013 Second Half Outlook Loan Trends • Quarterly loan growth of – 2%. • Continued disciplined loan pricing Deposit Trends Fee Income Expenses NIM Growing the Franchise & Creating Long-Term Shareholder Value Footprint Credit Capital • Continued disciplined deposit pricing • Sustained focus on treas