Associated Banc-Corp reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, the company reported net income to common shareholders of $45 million or $0.26 a share. That compares to net income of $40 million or $0.23 a share a year ago. Return on common equity for the quarter was 9.6%, up from 9% a year ago. Net interest income was $161,455,000 against $151,825,000 a year ago. Income before income taxes was $60,032,000 against $50,030,000 a year ago. Net income was $46,628,000 compared to $41,125,000 a year ago. Book value per share was $16.97 against $16.15 a year ago. Return on average assets was 0.83% against 0.75% a year ago.

For the full year, the company reported return on common equity was 9.5%, up from 6.7% last year. Net interest income was $625,992,000 against $612,831,000 a year ago. Income before income taxes was $254,459,000 against $183,427,000 a year ago. Net income was $178,973,000 compared to $139,699,000 a year ago. Net income available to common equity was $173,773,000 or $1.00 per basic and diluted share against $114,869,000 or $0.66 per basic and diluted share a year ago. Book value per share was $16.97 against $16.15 a year ago. Return on average assets was 0.81% against 0.65% a year ago.

The company announced net charge-offs of $20.7 million for the quarter up $3 million from $17.5 million the third quarter, and were $2 million lower than $22.6 million a year ago.