Company: ONBPP
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0000707179-25-000009
Chunk: 86

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-04-30
Form: 10-Q
Item: Item 1
Chunk 86
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 $5,620,340 $6,752,819 $85,937 Warehouse / Industrial3,078,898 3,382,341 9,046 3,034,854 3,331,289 8,401 Retail2,169,380 2,243,874 7,407 2,295,808 2,372,912 8,435 Office2,118,065 2,251,025 50,089 2,126,618 2,256,299 46,078 Senior housing839,651 857,855 46,986 852,376 872,162 50,443 Single family525,856 541,391 3,854 531,679 545,717 6,278 Other (2)1,844,090 2,075,091 28,662 1,845,811 2,118,461 28,660 Total$16,135,327 $17,999,607 $229,900 $16,307,486 $18,249,659 $234,232 

(1)    Includes unfunded loan commitments.

(2)    Other includes commercial development, agriculture real estate, hotels, self-storage, land development, religion, and mixed-use properties.

The mix of properties securing the loans in our commercial real estate portfolio is comprised of owner-occupied and non-owner-occupied categories and is diverse in terms of type and geographic location, generally within the 

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Company’s primary market area. Approximately 27% of the commercial real estate portfolio is owner-occupied at both March 31, 2025 and December 31, 2024.

The Company actively reviews its broader loan portfolio in the normal course of business and has performed a targeted review of contractual maturities in its non-owner-occupied commercial real estate portfolio as part of its response to current market conditions to identify exposure to credit risk associated with renewals. At March 31, 2025, the Company held $535.7 million of non-owner-occupied commercial real estate loans, or 1% of total loans, that mature within 18 months with an interest rate below 4%.

Residential Real Estate Loans

At March 31, 2025, residential real estate loans held in our loan portfolio were $6.8 billion, a decrease of $25.9