Company: ONBPP
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0000707179-25-000005
Chunk: 153

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 153
---
24,636 53,029 Loan originations and payments, net(1,215,292)(2,673,593)(3,071,765)Proceeds from sales of commercial loans63,434 757,593 — Proceeds from company-owned life insurance death benefits20,583 16,252 10,361 Proceeds from sale of premises and equipment and other assets1,585 3,513 4,480 Purchases of premises and equipment and other assets(30,269)(38,375)(37,901)Net cash flows provided by (used in) investing activities(1,371,968)(1,818,876)(1,685,507)Cash Flows From Financing ActivitiesNet increase (decrease) in:Deposits1,028,256 2,234,350 (435,717)Federal funds purchased and interbank borrowings(5)(581,099)581,213 Securities sold under agreements to repurchase(16,231)(147,598)(94,665)Other borrowings(110,170)16,938 177,146 Payments for maturities of Federal Home Loan Bank advances(1,300,243)(2,250,149)(2,102,506)Proceeds from Federal Home Loan Bank advances1,400,000 2,700,000 2,900,000 Cash dividends paid(191,163)(180,030)(177,623)Common stock repurchased(8,884)(44,308)(71,182)Common stock issued1,034 1,076 809 Net cash flows provided by (used in) financing activities802,594 1,749,180 777,475 Net increase (decrease) in cash and cash equivalents52,910 446,646 (93,607)Cash and cash equivalents at beginning of period1,175,058 728,412 822,019 Cash and cash equivalents at end of period$1,227,968 $1,175,058 $728,412 

The accompanying notes to consolidated financial statements are an integral part of these statements.

80

OLD NATIONAL BANCORP

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

NATURE OF OPERATIONSOld National Bancorp, the financial holding company of Old National Bank, our wholly owned banking subsidiary, is headquartered in Evansville, Indiana with commercial and consumer banking operations