Company: ONBPP
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0000707179-25-000064
Chunk: 60

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-10-29
Form: 10-Q
Item: Item 1
Chunk 60
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 — 1,100,000 665 — Total$18,860 $1,845 $4,155 $11,196 (1)Derivative assets are included in other assets on the balance sheet.(2)Derivative liabilities are included in other liabilities on the balance sheet.(3)The fair values of certain counterparty interest rate swaps are zero due to the settlement of centrally cleared variation margin rules.The effect of derivative instruments in fair value hedging relationships on the consolidated statements of income were as follows:(dollars in thousands)Gain (Loss)Recognizedin Income onRelatedHedgedItemsDerivatives in Fair Value HedgingRelationshipsLocation of Gain or (Loss) Recognized in Income on DerivativeGain (Loss)Recognizedin Income onDerivativeHedged Items in Fair ValueHedgingRelationshipsLocation of Gain or (Loss) Recognized in in Income on Related Hedged ItemThree Months EndedSeptember 30, 2025Interest rate contractsInterest income/(expense)$1,532 Fixed-rate debtInterest income/(expense)$(1,552)Interest rate contractsInterest income/(expense)(4,613)Fixed-rateinvestmentsecuritiesInterest income/(expense)4,592 Total$(3,081)$3,040 Three Months EndedSeptember 30, 2024Interest rate contractsInterest income/(expense)$24,495 Fixed-rate debtInterest income/(expense)$(24,645)Interest rate contractsInterest income/(expense)(44,845)Fixed-rateinvestmentsecuritiesInterest income/(expense)45,167 Total$(20,350)$20,522 Nine Months EndedSeptember 30, 2025Interest rate contractsInterest income/(expense)$16,596 Fixed-rate debtInterest income/(expense)$(16,559)Interest rate contractsInterest income/(expense)(32,359)Fixed-rateinvestmentsecuritiesInterest income/(expense)32,302 Total$(15,763)$15,743 Nine Months EndedSeptember 30, 2024Interest rate contractsInterest income/(expense)$10,207 Fixed-rate debtInterest income/(expense)$(10,246)Interest rate contractsInterest income/(expense)(16,161)Fixed-rateinvestmentsecuritiesInterest income/(expense)16,454 Total$(5,954)$6,208 

43

The effect of derivative instruments in cash flow hedging relationships on the consolidated statements of income were as follows:Three Months EndedSeptember 30,Three Months EndedSeptember