Company: ONBPP
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000707179-25-000018
Chunk: 48

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-07-30
Form: 10-Q
Item: Item 1
Chunk 48
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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 adjustments234,635 171,993 234,635 171,993 Balance at end of period$2,409,886 $2,170,709 $2,409,886 $2,170,709 During the three months ended June 30, 2025, Old National recorded $234.6 million of goodwill associated with the acquisition of Bremer. During the three months ended June 30, 2024, Old National recorded $172.0 million of goodwill associated with the acquisition of CapStar. See Note 3 to the consolidated financial statements for additional detail regarding these transactions.Old National performed the required annual goodwill impairment test as of August