Associated Banc-Corp

Investor Presentation

Third Quarter 2012

August 14, 2012

Exhibit 99.1

Forward-Looking Statements

Important

note

regarding

forward-looking

statements:

1

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 plans, objectives, or goals for future operations,

products or services, and forecasts of its revenues, earnings, or other measures of

performance.  Such forward-looking statements may be identified by the use of words such

as “believe”, “expect”, “anticipate”, “plan”, “estimate”, “should”, “will”, “intend”, “outlook”, or

similar expressions.  Forward-looking statements are based on current management

expectations and, by their nature, are subject to risks and uncertainties. Actual results may

differ materially from those contained in the forward-looking statements.  Factors which may

cause actual results to differ materially from those contained in such forward-looking

statements include those identified in the company’s most recent Form 10-K and subsequent

SEC filings.  Such factors are incorporated herein by reference.

•

Top 50, publicly traded, U.S. bank holding company

•

$22 billion in assets; largest bank headquartered in Wisconsin

–

Over 250 banking offices serving over 150 communities

–

#1 mortgage originator in Wisconsin

1

–

#1 SBA lender in Wisconsin

2

Leading Midwest Banking Franchise

2

1

Based on 2010 number of funded mortgage loans per HMDA data; 2 Based on 2011 FY number of funded SBA loans;

3

FDIC market share data 6/30/11;

4

Source: U.S. BLS, Jun. 2012;

5

Source: FRB Chicago Midwest Manufacturing

Index, June 2012;

6

Source: FRB Midwest Economy Index, June 2012

La Crosse

Green Bay

Peoria

Chicago

Madison

Rockford

Neenah

St. Louis

Milwaukee

Wausau

Appleton

Operating in Attractive Midwest Markets

•

WI

&

MN

continue

to

show

above

average

employment

levels

4

•

Midwest

Manufacturing

output

is

up

11.0%

YoY

(vs.

5.6%

nationally)

5

•

Midwest

Machinery

output

is

up

12.2%

YoY

5

•

Midwest

Economy

Index

above

historical

trend

for

8

consecutive

month

6

WI

MN

IL

U.S.

Unemployment Rate

4

7.0%

5.6%

8.7%

8.2%

ASBC Deposits

($ in billions)

$10.6

$1.5

$3.0

$15.1

Minneapolis

Indianapolis

Cincinnati

Detroit

>$1bn deposits

3

>$500m deposits

3

>$250m deposits

3

Commercial offices

th

Core Regional Banking Business Model

•

Upper Midwest regional focus on

servicing U.S. customers

operating in domestic markets

•

No European loans & no direct

exposure to foreign governments

or foreign central banks

3

Differentiation from Large-Cap, Diversified Financial Institutions

Nominal

European

Exposure

Nominal

Trading &

Derivative

Positions

Basel III

Compliant

Capital

•

No overseas or off-shore

trading or investment functions

•

No proprietary trading activities

or portfolios

•

No market maker positions in

derivatives

•

Current capital levels are well

in excess of “well-capitalized”

regulatory benchmarks

•

Existing capital levels are

already above proposed

Basel III capital levels

Tier 1 Common Equity Ratio

Nominal

Mortgage

Put-back

Exposure

•

Nominal historical agency

repurchase levels

•

No significant exposure to high

risk mortgage asset classes or

high risk underwriting programs

Core Organic Loan Growth

4

Total Loans of $14.7 billion at June 30, 2012

Quarterly Net Loan Growth Trend

Total Loans ($ in billions)

($ in millions)

+3% QoQ

Peak Loans (4Q 2008) $16.3 billion

Loan

Mix

–

2Q

2012

Growing Commercial & Business Lending

5

($ in billions)

CB&L Loans by Industry (2Q 2012)

Q2 loan production continued to show strength

Recent hires continue to gain traction in driving

new relationships to Associated

Launched enhanced Treasury Management online

portal in February

Focusing on cross-sell with Treasury Management,

AFG, and Private Client & Institutional Services to

deepen customer relationships

Commercial & Business Lending Loans

$4.3

$4.5

$4.9

$4.9

$5.3

$3.5

$4.0

$4.5

$5.0

$5.5

$6.0

2Q 2011

3Q 2011

4Q 2011

1Q 2012

2Q 2012

Health Care and

5%

Professional,

Scientific, and

Technical

Services, 4%

Oil & Gas,

5%

Other, 23%

Manufacturing,

17%

Real Estate

and Rental &

Leasing, 12%

Finance and

Insurance, 12%

Wholesale

Trade, 10%

Retail Trade, 6%

Social Assistance,

Transportation and

Warehousing, 2%

Power & Utilities

3%

Highlights

Growing Commercial Real Estate Lending

6

($ in billions)

Highlights

Commercial Real Estate Lending Loans

CRE Loans by Collateral (2Q 2012)

Construction

Investor commercial real estate

+ 17% YoY

Growing multi-family lending

portfolio

Continuing strong growth

across the footprint

~90% of CRE loans are in

core footprint

$2.4

$2.5

$2.6

$2.7

$2.8

$2.9

$3.0

$3.1

$3.2

$3.4

$0.0

$0.5

$1.0

$1.5

$2.0

$2.5

$3.0

$3.5

$4.0

$4.5

$5.0

2Q 2011

3Q 2011

4Q 2011

1Q 2012

2Q 2012

MULTI

-

FAMILY 23%

OFFICE /

MIXED USE

22%

RETAIL 18%

18%

INDUSTRIAL

7%

OTHER 7%

HOTEL /

MOTEL 4%

CONSTRUCTION

Growing Private Client and Institutional Services

(Formerly Wealth Management)

7

Cross-Line Partnerships between

Private Client & Institutional Services and

Commercial Banking & Insurance

•

•

•

•

•

•

•

Highlights

Focusing on core disciplines, business development,

and cross-line partnership with Commercial Banking

Increasing the number and depth of Private Banking

households

Hired new head of Trust; based in Milwaukee

Addition of new talent in Minneapolis in order to

execute on strategic growth in the market

Product & service enhancements for affluent client

base

Over 60,000 participants in supported business

retirement plans

Over $5.9 billion of assets under management

Deposit

Solutions

Asset

Management

Brokerage

Insurance

Lending

Trust &

Custodial

Expanding Retail Banking Relationships

8

Strengthening the basics

–

Strengthening our focus on our premier

banking customers

–

Expanding the scope and reach of our

market-leading mortgage franchise

Leveraging our relationship with the Green Bay

Packers Banking

Residential Mortgage Loan Portfolio

($ in billions)

Mortgage Loans Originated for Sale

($ in millions)

Highlights

$2.0

$2.5

$3.0

$3.5

2Q 2011

3Q 2011

4Q 2011

1Q 2012

2Q 2012

$251

$471

$844

$564

$738

$0

$250

$500

$750

$1,000

2Q 2011

3Q 2011

4Q 2011

1Q 2012

2Q 2012

$2.7

$2.8

$3.0

$3.1

$3.1

Packers & Aaron Rodgers

Footprint Update

9

Example relocated office

Updated signage completed across the footprint

Differentiating Associated in Branch Banking

Completed the

remodel, relocation, or

new construction of

over 30 branches in

2011

50 remodels planned

in 2012; completed

~30 branches in 1

H2012

FY 2011 PPE expense

of $77 million includes

ongoing investments in

franchise

Consolidated 21

branches in 1H2012

and sold three

additional outlying

branches in Jan. 2012

Example in-store remodel

Example traditional remodel

Highlights

Disciplined Deposit Pricing and Stable Margins

10

Yield on Interest-earning Assets

Cost of Interest-bearing Liabilities

Average Deposits

Net Interest Margin

($ balances in billions)

Average Total Deposits of $15.1 billion at June 30, 2012

2Q 2011

3Q 2011

4Q 2011

1Q 2012

2Q 2012

2Q 2011

3Q 2011

4Q 2011

1Q 2012

2Q 2012

2Q 2011

3Q 2011

4Q 2011

1Q 2012

2Q 2012

2Q 2011

3Q 2011

4Q 2011

1Q 2012

2Q 2012

4.00%

3.88%

3.81%

3.85%

3.80%

3.29%

3.23%

3.21%

3.31%

3.30%

FY2011:

3.26%

0.91%

0.83%

0.78%

0.70%

0.65%

$14.1

$14.4

$14.9

$15.0

$15.1

•

Continue to examine options for acquisitions while maintaining discipline in pricing of any transaction

•

Branch consolidation transactions with cost take-out opportunities provide greater value in current environment

•

Focused on transactions with lower tangible book value dilution and shorter-term earn back period

Value-added Approach to Capital Management

•

Focus remains on funding organic loan growth across the footprint

•

Supporting business growth initiatives

11

Funding Organic Growth

Paying a Competitive Dividend

•

Increased quarterly dividend to $0.05/share in 1Q12

•

Committed to revisiting the dividend policy at the end of 2012

Buybacks and Redemptions

•

Repurchased $30 million of common stock during 2Q12

•

Redeemed $25 million of outstanding 7.625% Trust preferred securities in 2Q12

•

Board of Directors has approved the redemption of all outstanding Trust preferred securities over the next 90 days

Non-organic Growth Opportunities

Outlook

12

Loan Growth

•

Approximately 3% quarterly

growth

Deposit Growth

Fee Income

Expenses

NIM

Positioned for Growth; Creating Long-Term Shareholder Value

Footprint

Credit

Capital

•

Continued disciplined pricing

•

Slowing run-off of high cost CDs

•

Sustained focus on treasury

management solutions to drive

growth in commercial deposits

•

Relatively stable on a full-year

basis compared to full-year 2011

•

Modest improvement quarterly

in core fee-based revenues

with mortgage banking income

likely reduced going forward

•

Low single-digit quarterly growth;

including the cost of continuing

BSA enhancements & footprint

updates

•

Continue to invest in our branches

while optimizing our network

•

Consolidating in downtown    

Green Bay

•

Continuing improvement in

credit trends

•

Very modest provision outlook

•

Disciplined, value-added

approach to capital

deployment over time

Why Associated

13

Net Income

Available to

Common

($ in millions)

Return on Tier 1

Common Equity

Reasons to Invest

Net Income Available to Common & ROT1CE

Management Team Focused on Creating

Long-Term Shareholder Value

•

Leading Midwest Bank Operating in    

Attractive Markets

•

Core Organic Growth Opportunity

•

Disciplined Deposit Pricing & Stable Margin

•

Improving Credit Quality

•

Strong Capital Profile Above Basel III

Expectations & Opportunities for Capital

Deployment

•

Improving Earnings Profile

$15

$26

$34

$40

$41

$42

3.76%

6.07%

7.83%

8.96%

9.23%

9.26%

0.00%

2.50%

5.00%

7.50%

10.00%

12.50%

$0

$10

$20

$30

$40

$50

1Q 2011

2Q 2011

3Q 2011

4Q 2011

1Q 2012

2Q 2012

Associated Banc-Corp will be the most admired Midwestern financial services

company, distinguished by sound, value-added financial solutions with personal

service for our customers, built upon a strong commitment to our colleagues and the

communities we serve, resulting in exceptional value for our shareholders.

Appendix

15

Continued Improvement in Credit Quality Indicators

16

($ in millions)

2Q 2011

3Q 2011

4Q 2011

1Q 2012

2Q 2012

Potential problem loans

$     699

$     660

$     566

$     480

$     410

Nonaccruals

$     468

$     403

$     357

$     327

$     318

Provision for loan losses

$       16

$         4

$         1

$         0

$         0

Net charge offs

$       45

$       30

$       23

$       22

$       24

ALLL/Total loans

3.25%

2.96%

2.70%

2.50%

2.26%

ALLL/Nonaccruals

91.09%

99.09%

105.99%

108.93%

104.65%

NPA/Assets

2.33%

2.03%

1.82%

1.65%

1.62%

Nonaccruals/Loans

3.57%

2.99%

2.54%

2.29%

2.16%

NCOs / Avg Loans

1.37%

0.90%

0.64%

0.61%

0.65%

High Quality Investment Securities Portfolio

Market Value Composition –

June 30, 2012

Investment Portfolio –

June 30, 2012

Portfolio Composition Ratings –

June 30, 2012

Risk –

Weighted Profile –

June 30, 2012

Credit Rating

Mkt Value (000’s)

% of Total

Govt & Agency

$       3,443,846

76%

AAA

153,723

3%

AA

763,854

17%

A

125,579

3%

BAA1, BAA2 & BAA3

15,132

---

BA1 & Lower and

Non-rated

19,302

---

TOTAL

$4,521,436

100%

Type

Mkt Value

(000’s)

% of Total

0% RWA

$    37,469

1%

20% RWA

4,190,343

93%

50% RWA

35,849

1%

=>100% RWA

100,464

2%

Not subject to RW

157,311

3%

TOTAL

$4,521,436

100%

Type

Bk Value

(000’s)

Mkt Value

(000’s)

TEY

(%)

Duration

(Yrs)

Govt &

Agencies

$     1,011

$   1,011

0.33

2.10

MBS

1,753,910

1,838,909

3.80

2.14

CMOs

1,586,621

1,611,471

2.76

0.63

Municipals

786,511

835,136

5.53

4.36

ABS

139,368

139,164

0.67

0.19

Corporates &

Other

93,144

95,745

1.86

1.30

TOTAL AFS

$4,360,565

$4,521,436

3.59

1.94

17

CMOs

36%

MBS

41%

Municipals

18%

ABS

3%

Corporates &

Other

2%

Consumer Loan Portfolios by Geography

18

(as of June 30, 2012)

Residential Mortgage Loans by State

Home Equity Loans by State

Approximately half of home equity

portfolio is in first-lien position

WISCONSIN 53%

ILLINOIS 31%

MINNESOTA 9%

MISSOURI 4%

OTHER 3%

WISCONSIN 72%

ILLINOIS 16%

MINNESOTA

11%

OTHER 2%

19

Commercial & Business Lending Loans

Commercial & Business Lending portfolio of $5.3 billion, or 36% of Total Loans, at June 30, 2012

Commercial & Business Lending Loans by State

Commercial & Business Lending Loans by Industry

WISCONSIN 41%

ILLINOIS 19%

MINNESOTA 16%

OTHER 18%

CALIFORNIA 3%

TEXAS 3%

Other, 23%

Manufacturing, 17%

Real Estate

and Rental &

Leasing, 12%

Finance and

Insurance, 12%

Wholesale

Trade, 10%

Retail Trade, 6%

Health Care and

Social Assistance, 5%

Professional,

Technical Services,

4%

Oil & Gas, 5%

Transportation and

Warehousing, 2%

Power & Utilities, 3%

Scientific, and

20

Commercial Real Estate Lending Loans

Commercial

Real

Estate

Lending

portfolio

of

$3.4

billion,

or

23%

of

Total

Loans,

at

June

30,

2012

Commercial Real Estate Lending Loans by State

Commercial Real Estate Lending Loans by Collateral

MULTI-FAMILY

23%

OFFICE/MIXED

USE 22%

RETAIL 18%

CONSTRUCTION

18%

INDUSTRIAL 7%

OTHER

7%

HOTEL/MOTEL

4%

WISCONSIN

46%

ILLINOIS

22%

MINNESOTA

15%

OTHER

8%

OHIO

4%

MISSOURI

3%

INDIANA

2%