Company: ONBPP
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000707179-25-000018
Chunk: 262

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-07-30
Form: 10-Q
Item: Item 2
Chunk 262
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,976,334 2,056,335 2,384,222 2,817,078 3,261,297 3,698,294 Net interest   income$3,097,960 $3,095,896 $3,139,365 $3,201,757 $3,178,674 $3,199,937 $3,208,068 $3,222,303 Change from base$(80,714)$(82,778)$(39,309)$23,083 $21,263 $29,394 $43,629 % change from base(2.54)%(2.60)%(1.24)%0.73 %0.67 %0.92 %1.37 %

75

The following table illustrates the upper bound, Federal Funds Rate assumed in the simulation above at June 30, 2025 and 2024:

June 30, 2025June 30, 2024Basis Point Change ScenarioFederal FundsRate (1)Month 12 (2)Federal FundsRate (1)Month 12 (2)+3004.5 %7.5 %5.5 %8.5 %+2004.5 %6.5 %5.5 %7.5 %+1004.5 %5.5 %5.5 %6.5 %Base4.5 %4.5 %5.5 %5.5 %-1004.5 %3.5 %5.5 %4.5 %-2004.5 %2.5 %5.5 %3.5 %-3004.5 %1.5 %5.5 %2.5 %

(1)Represents the upper bound, Federal Funds Rate.

(2)Represents the Federal Funds Rate in month 12 given a gradual, parallel “ramp” relative to the base implied forward scenario.

Our projected net interest income increased year over year driven by loan growth and asset repricing due to current interest rates and economic conditions. Our overall strategy is consistent period over period, as we continue to manage our balance sheet toward a neutral interest rate risk position in a disciplined manner.

A key element in the measurement and modeling of interest rate risk is the re-pricing assumptions of