Associated Banc-Corp filed an 8-K to furnish an investor presentation, announcing that the system conversion for the acquired American National Corporation is now anticipated to occur in October 2026.
Key takeaways
The conversion of American National Corporation's systems and branches is now anticipated to occur in October 2026.
Total assets stood at $46 billion with $36 billion in deposits as of March 31, 2026.
CET1 ratio was 10.47% and Total Capital Ratio was 13.02% for the quarter ended March 31, 2026.
Period-end loans grew 2% in 1Q 2026, driven by 5% growth in Commercial & Industrial loans.
Allowance for Credit Losses on Loans (ACLL) increased to $425 million, with ACLL/Total Loans at 1.34%.