Company: ONBPP
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0000707179-25-000064
Chunk: 192

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-10-29
Form: 10-Q
Item: Item 8
Chunk 192
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,367,298 Capital Ratios:Risk-based capital ratios:Tier 1 common equity11.02 %10.74 %11.62 %11.38 %11.00 %Tier 111.49 11.20 12.23 11.98 11.60 Total12.78 12.59 13.68 13.37 12.94 Leverage ratio (to average assets)8.72 9.26 9.44 9.21 9.05 Total equity to assets (averages)11.48 11.38 12.01 11.78 11.60 Tangible common equity to tangible assets (3)7.53 7.26 7.76 7.41 7.44 Nonfinancial Data:Full-time equivalent employees5,243 5,313 4,028 4,066 4,105 Banking centers351 351 280 280 280 

(1)Calculated using the federal statutory tax rate in effect of 21% for all periods.

(2)Cash dividends per common share divided by net income per common share (basic).

(3)Represents a non-GAAP financial measure. Refer to the “Non-GAAP Financial Measures” section for reconciliations to GAAP financial measures.

(4)Includes the allowance for credit losses on loans and unfunded loan commitments.

56

The following table sets forth certain financial highlights of Old National for the year-to-date periods:

Nine Months Ended September 30,(dollars and shares in thousands, except per share data)20252024Income Statement:Net interest income$1,477,042 $1,136,603 Taxable equivalent adjustment (1) (3)20,398 18,737 Net interest income - taxable equivalent basis (3)1,497,440 1,155,340 Provision for credit losses164,976 83,602 Noninterest income356,772 258,931 Noninterest expense1,098,971 817,599 Net income available to common shareholders440,533 373,214 Per Common Share Data:Weighted average diluted common shares357,278 308,605 Net income (diluted)$1.23 $1.21 Cash dividends0.42 0.42 Common dividend payout ratio (2)34