Company: ONBPP
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0000707179-25-000009
Chunk: 84

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-04-30
Form: 10-Q
Item: Item 1
Chunk 84
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 $36,413,944 100 %

Geographic location in the preceding table is determined by collateral location for real estate loans and borrower location for non-real estate loans.

Commercial and Commercial Real Estate Loans

Commercial and commercial real estate loans are the largest classifications within earning assets, representing 55% of earning assets at both March 31, 2025 and December 31, 2024. At March 31, 2025, commercial and commercial real estate loans were $26.8 billion, an increase of $189.9 million from December 31, 2024 driven primarily by disciplined commercial loan production that was well balanced across our market footprint and product lines, partly offset by the sale of $71 million of commercial real estate loans in the quarter. 

59

The following table provides detail on commercial loans by industry classification (as defined by the North American Industry Classification System) and by loan size.

March 31, 2025December 31, 2024(dollars in thousands)OutstandingExposure(1)NonaccrualOutstandingExposure(1)NonaccrualBy Industry:Manufacturing$1,872,501 $2,999,425 $30,698 $1,724,108 $2,884,035 $29,886 Health care and social assistance1,599,111 1,933,799 13,372 1,657,229 1,982,352 1,636 Real estate rental and leasing1,004,191 1,492,169 6,816 1,024,315 1,500,570 7,915 Wholesale trade877,089 1,591,152 2,292 780,643 1,480,859 2,192 Construction788,321 1,709,404 13,516 740,093 1,680,577 11,690 Finance and insurance684,143 1,148,344 145 617,151 1,018,320 141 Accommodation and food services636,019 742,814 10,697 579,424 679,087 7,146 Professional, scientific, and  technical services612,832 1,030,440 5,746 558,589 987,800 7,486 Transportation and warehousing459,935 611,522