Company: ONBPP
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000707179-25-000018
Chunk: 239

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-07-30
Form: 10-Q
Item: Item 2
Chunk 239
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641 4.73 %858,727 23,207 5.43 %Total borrowed funds6,410,500 122,344 3.85 %5,671,013 113,520 4.03 %Total interest-bearing liabilities$41,263,053 $552,927 2.70 %$34,863,612 $514,765 2.97 %Noninterest-Bearing Liabilities and   Shareholders’ EquityDemand deposits$10,339,594 $9,408,406 Other liabilities959,309 972,205 Shareholders’ equity6,937,161 5,772,259 Total liabilities and shareholders’ equity$59,499,117 $51,016,482 Net interest income - taxable equivalent basis$914,856 3.41 %$757,472 3.31 %Taxable equivalent adjustment(12,423)(12,593)Net interest income (GAAP)$902,433 3.37 %$744,879 3.25 %

(1)Interest income is reflected on a fully taxable equivalent basis.

(2)Includes loans held-for-sale.

63

The following table presents the dollar amount of changes in taxable equivalent net interest income attributable to changes in the average balances of assets and liabilities and the yields earned or rates paid.

From Three Months EndedJune 30, 2024 to ThreeMonths Ended June 30, 2025From Six Months EndedJune 30, 2024 to SixMonths Ended June 30, 2025 TotalChange (1)Attributed toTotalChange (1)Attributed to(dollars in thousands)VolumeRateVolumeRateInterest IncomeMoney market and other interest-earning   investments$3,480 $7,439 $(3,959)$2,310 $7,837 $(5,527)Investment securities (2)41,418 29,191 12,227 51,411 35,711 15,700 Loans (3)117,123 124,592 (7,469)141,825 169,394 (27,569)Total interest income162,021 161,222 799 195,546 212,942 (17,396)Interest ExpenseChecking and NOW deposits(5,107)1,602 (6,709)(6