{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-122843","form_type":"8-K","ticker":"ASB","cik":"0000007789","company_name":"ASSOCIATED BANC-CORP","filed_at":"2023-12-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.989098+00:00","generated_at":"2026-06-07T19:41:22.802719+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Associated Banc-Corp details Phase 2 strategic plan: $25-30M expense cuts, balance sheet repositioning","bullets":["Announced $25M-$30M expense reductions for 2024, including 3% workforce cut (Nov 8) and 14 branch closures by Mar 2024.","Sold ~$0.8B securities and agreed to sell ~$1B mortgage loans; proceeds to pay down FHLB advances and reinvest at higher rates.","Plan to add 20+ commercial relationship managers across all markets, with 4 already hired in Q4 2023.","Reducing annual mortgage production by ~$2B vs 2022; targeting $2.5B incremental deposit growth and $750M commercial loan growth by year-end 2025.","Key leadership hires: Terry Williams (CIO), Jayne Hladio (Private Wealth President), Phillip Trier (Commercial Banking Group Leader)."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-122843","json":"https://secwatch.observer/filing/0001104659-23-122843.json","markdown":"https://secwatch.observer/filing/0001104659-23-122843.md","text":"https://secwatch.observer/filing/0001104659-23-122843.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/7789/000110465923122843/0001104659-23-122843-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/7789/000110465923122843/tm2331873d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T19:41:22.802719+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}