Company: ONBPP
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0000707179-25-000009
Chunk: 136

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-04-30
Form: 10-Q
Item: Item 8
Chunk 136
---
ars in thousands)Overnight and ContinuousUp to30 Days 30-90 DaysGreater Than 90 daysTotalRepurchase Agreements:     U.S. Treasury and agency securities$290,256 $— $— $— $290,256 Total$290,256 $— $— $— $290,256 

31

NOTE 11 – FEDERAL HOME LOAN BANK ADVANCES

The following table summarizes Old National Bank’s FHLB advances:(dollars in thousands)March 31,2025December 31, 2024FHLB advances (fixed rates 2.19% to 4.55%   and variable rates 4.31% to 4.32%) maturing   June 2025 to January 2045$4,526,200 $4,475,285 Fair value hedge basis adjustments and unamortized   prepayment fees(11,846)(22,726)Total$4,514,354 $4,452,559 FHLB advances had weighted-average rates of 3.54% at March 31, 2025 and December 31, 2024. FHLB advances are collateralized by designated assets that may include qualifying commercial real estate loans, residential and multifamily mortgages, home equity loans, and certain investment securities.At March 31, 2025, total unamortized prepayment fees related to all FHLB advance debt modifications completed in prior years totaled $6.7 million, compared to $8.2 million at December 31, 2024.Contractual maturities of FHLB advances at March 31, 2025 were as follows:(dollars in thousands) Due in 2025$700,000 Due in 2026100,000 Due in 2028650,000 Due in 2029800,000 Thereafter2,276,200 Fair value hedge basis adjustments and unamortized prepayment fees(11,846)Total$4,514,354 

NOTE 12 – OTHER BORROWINGS

The following table summarizes Old National’s other borrowings:(dollars in thousands)March 31,2025December 31, 2024Old National Bancorp:  Subordinated debentures (fixed rate 5.88%) maturing September 2026$