Company: ONBPP
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000707179-25-000018
Chunk: 158

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-07-30
Form: 10-Q
Item: Item 8
Chunk 158
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546 2,239 Interest on lease liabilitiesInterest expense212 253 441 434 Sub-lease incomeOccupancy expense(106)(123)(189)(248)Total $11,342 $9,886 $21,957 $18,519 Supplemental balance sheet information related to leases was as follows:(dollars in thousands)June 30,2025December 31, 2024Operating Leases Operating lease right-of-use assets$219,655 $181,920 Operating lease liabilities237,610 200,068 Finance LeasesPremises and equipment, net19,489 23,205 Other borrowings21,207 24,822 Weighted-Average Remaining Lease Term (in Years)Operating leases9.07.8Finance leases8.87.8Weighted-Average Discount RateOperating leases3.69 %3.14 %Finance leases4.04 %3.96 %Supplemental cash flow information related to leases was as follows:Six Months EndedJune 30,(dollars in thousands)20252024Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases$18,019 $16,439 Operating cash flows from finance leases441 434 Financing cash flows from finance leases4,446 2,020 

31

The following table presents a maturity analysis of the Company’s lease liability by lease classification at June 30, 2025:(dollars in thousands)OperatingLeasesFinanceLeases2025$19,579 $4,350 202638,797 2,619 202737,232 2,656 202833,242 2,339 202930,649 1,498 Thereafter122,718 11,979 Total undiscounted lease payments282,217 25,441 Amounts representing interest(44,607)(4,234)Lease liability$237,610 $21,207 

NOTE 8 – GOODWILL AND OTHER INTANGIBLE ASSETS

The following table presents the changes in the carrying amount of goodwill:Three Months EndedJune 30,Six Months EndedJune 30,(dollars in thousands)2025202420252024Balance at beginning of period$2,175,251 $1,998,716 $2,175,251 $1,998,716 Acquisitions and