Company: ONBPP
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0000707179-25-000064
Chunk: 159

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-10-29
Form: 10-Q
Item: Item 8
Chunk 159
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 Direct2,623 16 23 396 34 Home equity20,711 — — — — Total loans$333,461 $70,680 $8,135 $12,560 $5,249 Financial Difficulty ModificationsOccasionally, Old National modifies loans to borrowers experiencing financial difficulty in the form of principal forgiveness, term extension, an other-than-insignificant payment delay, or interest rate reduction (or a combination thereof). When principal forgiveness is provided, the amount forgiven is charged-off against the allowance for credit losses on loans.

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The following table presents the amortized cost basis of financial difficulty modifications that were modified by class of loans and type of modification:(dollars in thousands)TermExtensionPaymentDelayInterestRateReductionTotalClass ofLoansThree Months Ended September 30, 2025Commercial$— $— $8,376 0.1 %Commercial real estate68,546 — — 0.3 %Total$68,546 $— $8,376 0.2 %Three Months Ended September 30, 2024Commercial$17,969 $4,776 $— 0.2 %Commercial real estate11,121 2,554 — 0.1 %Total$29,090 $7,330 $— 0.1 %Nine Months Ended September 30, 2025Commercial$63,035 $— $8,376 0.5 %Commercial real estate162,698 — — 0.7 %Total$225,733 $— $8,376 0.5 %Nine Months Ended September 30, 2024Commercial$27,085 $4,776 $— 0.3 %Commercial real estate56,051 2,554 — 0.4 %Total$83,136 $7,330 $— 0.2 %Old National monitors the performance of financial difficulty modifications to understand the effectiveness of its efforts. The following table presents the performance of financial difficulty modifications in the twelve months following modification:(dollars in thousands)30-59 DaysPast Due60-89 DaysPast DuePast Due90 Days orMoreTotalPast DueCurrentTotalLoansSeptember 30, 2025Commercial$— $— $8,222 $8,222 $