Associated Bank posts $49M in net income

Associated Bank reported its first overall positive earnings report for 2014 in the third quarter. Green Bay-based parent Associated Banc-Corp showed a net income of $49 million (31 cents/share) for the quarter ending Sept. 30 compared to a net income of $45 million (28 cents/share) a year earlier. Growth in loan interest was cited as a factor in the increase.

Assets increased from $23.7 billion in the third quarter of 2013 to $25.7 billion a year later.