Slide 1: Associated Banc-Corp 3Q 2012 Earnings Presentation
EXHIBIT 99.2 Associated Banc-Corp 3Q 2012 Earnings Presentation October 18, 2012
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: Third Quarter 2012 Highlights
Third Quarter 2012 Highlights Solid Quarterly Performance Net Income • Net income available to common shareholders of $45 million or $0.26 per share & ROT1CE • Return on Tier 1 common equity of 9.7%, compared to 7.8% a year ago • Total loans of $15.0 billion were up $267 million, or 2% from the end
Slide 4: Loan Portfolio Growth and Composition
Loan Portfolio Growth and Composition Total Loans of $15.0 billion at September 30, 2012 Total Loans ($ in billions) 3Q 2012 Net Loan Growth of $267 million ($ balances in millions) Peak Loans (4Q 2008) $16.3 billion Residential Mortgage $125 $16.0 Oil & Gas $69 +2% QoQ Power & Utilities $67 Total C
Slide 5: Managing the Cost of Funds & Margin
Managing the Cost of Funds & Margin Yield on Interest-earning Assets Average Deposits ($ balances in billions) 3.88% 3.81% 3.85% $15.6 3.80% 3.73% $15.0 $15.1 $14.9 $14.4 3Q 2011 4Q 2011 1Q 2012 2Q 2012 3Q 2012 3Q 2011 4Q 2011 1Q 2012 2Q 2012 3Q 2012 Cost of Interest-bearing Deposits Net Interest Ma
Slide 6: On-going Efficiency Initiatives
On-going Efficiency Initiatives Focused on Improving Core Operational Efficiencies Branch Initiatives: • Consolidated 21 branches in Q1 2012 • Consolidating 12 additional branches in Q4 2012 • Reformatting 4 full-service branches to lower cost delivery models • Eliminated the Assistant Manager role
Slide 7: Continued Improvement in Credit Quality Indicators
Continued Improvement in Credit Quality Indicators ($ in millions) 3Q 2011 4Q 2011 1Q 2012 2Q 2012 3Q 2012 Potential problem loans $ 660 $ 566 $ 480 $ 410 $ 404 Nonaccruals $ 403 $ 357 $ 327 $ 318 $ 278 Provision for loan losses $ 4 $ 1 $ 0 $ 0 $ 0 Net charge offs $ 30 $ 23 $ 22 $ 24 $ 18 ALLL/Total
Slide 8: Strong Capital Profile & Improving Earnings
Strong Capital Profile & Improving Earnings Tier 1 Common Equity Ratio Net Income Available to Common & ROT1CE Net Income Return on Tier 1 12.44% 12.24% 12.49% 12.04% ($ in millions) Common Equity 12.01% $50 12.50% $45 $41 $42 $40 $40 10.00% $34 9.7% 9.3% 9.2% 9.0% $30 7.50% 3Q 2011 4Q 2011 1Q 2012