Company: ONBPP
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0000707179-25-000064
Chunk: 104

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-10-29
Form: 10-Q
Item: Item 1
Chunk 104
---
 unfunded loan commitments.

The following table provides detail on commercial real estate loans classified by property type.

September 30, 2025December 31, 2024(dollars in thousands)OutstandingExposure(1)NonaccrualOutstandingExposure(1)NonaccrualBy Property Type:Multifamily$6,998,523 $8,237,450 $144,414 $5,620,340 $6,752,819 $85,937 Warehouse / Industrial3,962,958 4,213,982 5,065 3,034,854 3,331,289 8,401 Retail3,154,814 3,273,628 20,869 2,295,808 2,372,912 8,435 Office2,678,892 2,734,719 66,194 2,126,618 2,256,299 46,078 Senior housing1,121,317 1,133,954 28,513 852,376 872,162 50,443 Single family635,594 654,061 4,870 531,679 545,717 6,278 Other (2)3,531,636 4,308,638 50,339 1,845,811 2,118,461 28,660 Total$22,083,734 $24,556,432 $320,264 $16,307,486 $18,249,659 $234,232 

(1)    Includes unfunded loan commitments.

(2)    Other includes commercial development, agriculture real estate, hotels, self-storage, land development, religion, and mixed-use properties.

The mix of properties securing the loans in our commercial real estate portfolio is comprised of owner-occupied and non-owner-occupied categories and is diverse in terms of type and geographic location, generally within the 

70

Company’s primary market area. Approximately 26% of the commercial real estate portfolio is owner-occupied at September 30, 2025, compared to 27% at December 31, 2024.

The Company actively reviews its broader loan portfolio in the normal course of business and has performed a targeted review of contractual maturities in its non-owner-occupied commercial real estate portfolio as part of its response to current market conditions to identify exposure