Slide 1: Associated Banc-Corp 4Q 2012 Earnings Presentation
EXHIBIT 99.2 Associated Banc-Corp 4Q 2012 Earnings Presentation January 17, 2013
Slide 2: Forward-Looking Statements
Forward-Looking Statements Important note regarding forward-looking statements: Statements made in this presentation which are not purely historical are forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995. This includes any statements regarding management’s
Slide 3: Fourth Quarter 2012 Highlights
Fourth Quarter 2012 Highlights Solid Results Driven by Fundamental Strength in Core Businesses Net Income • Net income available to common shareholders of $45 million or $0.26 per share & ROT1CE • Return on Tier 1 common equity of 9.6%, compared to 9.0% a year ago • Total loans of $15.4 billion were
Slide 4: 2012 Full Year Recap
2012 Full Year Recap Execution of Growth Initiatives & Delivering Shareholder Value • FY 2012 earnings of $174 million or $1.00/share Net Income & – Compared to $115 million in FY 2011 or $0.66/share ROT1CE • FY 2012 ROT1CE of 9.5% compared to 6.7% for FY 2011 Loan Growth • Total loans up $1.4 billi
Slide 5: Executing on Strategic Plan
Executing on Strategic Plan 2011 – A Year of 2012 – Execution of 2013 – Growing the Transition Growth Initiatives Franchise & Creating Long-Term Shareholder Value • Repaid TARP • FY 2012 earnings up • Continued focus on 51% organic growth • OCC MOU terminated opportunities • Loan balances up 10% • B
Slide 6: Loan Portfolio Growth and Composition
Loan Portfolio Growth and Composition Total Loans of $15.4 billion at December 31, 2012 Total Loans ($ in billions) 4Q 2012 Net Loan Growth of $445 million ($ balances in millions) Peak Loans (4Q 2008) $16.3 billion General Commercial Loans $174 +3% QoQ $16.0 Residential Mortgage $172 $15.4 Commerci
Slide 7: Managing the Cost of Funds & Margin
Managing the Cost of Funds & Margin Yield on Interest-earning Assets Average Deposits ($ balances in billions) $16.7 3.81% 3.85% 3.80% 3.73% 3.70% $15.6 $15.0 $15.1 $14.9 4Q 2011 1Q 2012 2Q 2012 3Q 2012 4Q 2012 4Q 2011 1Q 2012 2Q 2012 3Q 2012 4Q 2012 Cost of Interest-bearing Liabilities Net Interest
Slide 8: Continued Improvement in Credit Quality Indicators
Continued Improvement in Credit Quality Indicators ($ in millions) 4Q 2011 1Q 2012 2Q 2012 3Q 2012 4Q 2012 Potential problem loans $ 566 $ 480 $ 410 $ 404 $ 361 Nonaccruals $ 357 $ 327 $ 318 $ 278 $ 253 Provision for loan losses $ 1 $ 0 $ 0 $ 0 $ 3 Net charge offs $ 23 $ 22 $ 24 $ 18 $ 21 ALLL/Total
Slide 9: Strong Capital Profile & Improving Earnings
Strong Capital Profile & Improving Earnings Tier 1 Common Equity Ratio Net Income Available to Common & ROT1CE 12.24% 12.49% Net Income Return on Tier 1 12.04% 12.01% 11.58% ($ in millions) Common Equity $50 12.50% $45 $45 $41 $42 $40 $40 10.00% 9.7% 9.6% 9.3% 9.2% 9.0% $30 7.50% 4Q 2011 1Q 2012 2Q
Slide 10: 2013 Full Year Outlook
2013 Full Year Outlook Growing the Franchise & Creating Long-Term Shareholder Value • Flat year-over-year Loan Growth • High single digit FY loan growth, Expenses • Reduced regulatory costs offset by with seasonally low 1Q 2013 continued franchise investments • Continued disciplined deposit • Contin