Company: ONBPP
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000707179-25-000018
Chunk: 132

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-07-30
Form: 10-Q
Item: Item 8
Chunk 132
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607)— 252,184 Total available-for-sale securities$11,831,441 $43,077 $(765,512)$(103,810)$11,005,196 December 31, 2024Available-for-SaleU.S. Treasury$261,421 $67 $(12,659)$(49,816)$199,013 U.S. government-sponsored entities and agencies1,521,610 7 (181,360)(82,351)1,257,906 Mortgage-backed securities - Agency5,861,067 6,005 (662,181)— 5,204,891 States and political subdivisions510,630 148 (25,881)647 485,544 Pooled trust preferred securities13,807 — (2,485)— 11,322 Other securities311,973 760 (12,950)— 299,783 Total available-for-sale securities$8,480,508 $6,987 $(897,516)$(131,520)$7,458,459 (1)    Basis adjustments represent the amount of fair value hedging adjustments included in the carrying amounts of fixed-rate investment securities assets designated in fair value hedging arrangements. See Note 15 to the consolidated financial statements for additional information regarding these derivative financial instruments.The following table summarizes the amortized cost and fair value of the held-to-maturity investment securities portfolio and the corresponding amounts of gross unrecognized gains and losses.(dollars in thousands)AmortizedCostUnrecognizedGainsUnrecognizedLossesFairValueJune 30, 2025   Held-to-MaturityU.S. government-sponsored entities and agencies$836,662 $— $(142,285)$694,377 Mortgage-backed securities - Agency941,464 — (145,385)796,079 States and political subdivisions1,148,392 7 (168,358)980,041 Allowance for securities held-to-maturity(150)— — (150)Total held-to-maturity securities$2,926,368 $7 $(456,028)$2,470,347 December 31, 2024Held-to-MaturityU.S. government-sponsored entities and agencies$832,984 $— $(168,653)$664,331 Mortgage-backed securities - Agency970,212 — (169,