Company: ONBPP
Filing Date: 2025-01-14
Form Type: S-4
Source: 0001104659-25-003488
Chunk: 194

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-01-14
Form: S-4
Chunk 194
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 Changes in the fair value of MSRs, which are included in mortgage banking and loan fees on the consolidated income statement, are summarized as follows:

| Year Ended December 31 (Dollars in Thousands) | ​ | ​ | 2023 |   |        |   | ​ | ​ | 2022 |   |        |   | ​ |
|:----------------------------------------------|:--|:--|:-----|:--|-------:|:--|:--|:--|:-----|:--|-------:|:--|:--|
| Balance at beginning of period                | ​ | ​ | ​    | $ | 25,331 | ​ | ​ | ​ | ​    | $ | 19,458 | ​ | ​ |
| Origination of servicing assets               | ​ | ​ | ​    | ​ |  1,318 | ​ | ​ | ​ | ​    | ​ |  3,081 | ​ | ​ |
| Change in fair value of MSRs                  | ​ | ​ | ​    | ​ |      ​ | ​ | ​ | ​ | ​    | ​ |      ​ | ​ | ​ |
| Due to market changes                         | ​ | ​ | ​    | ​ | -1,270 | ​ | ​ | ​ | ​    | ​ |  5,635 | ​ | ​ |
| Due to loan portfolio runoff                  | ​ | ​ | ​    | ​ | -2,069 | ​ | ​ | ​ | ​    | ​ | -2,843 | ​ | ​ |
| Balance at end of period                      | ​ | ​ | ​    | $ | 23,310 | ​ | ​ | ​ | ​    | $ | 25,331 | ​ | ​ |

The following table provides the aggregate unpaid principal balance of mortgage loans serviced for others, as well as the third parties for which loans are serviced, at December 31:

| (Dollars in Thousands)                 | ​ | ​ | 2023 |   |           |   | ​ | ​ | 2022 |   |           |   | ​ |
|:---------------------------------------|:--|:--|:-----|:--|----------:|:--|:--|:--|:-----|:--|----------:|:--|:--|
| Federal National Mortgage Association  | ​ | ​ | ​    | $ | 1,704,661 | ​ | ​