Company: ONBPP
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0000707179-25-000009
Chunk: 169

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-04-30
Form: 10-Q
Item: Item 8
Chunk 169
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%5,577,664 54,084 3.90 %Total interest-bearing liabilities$36,987,487 $242,756 2.66 %$33,398,113 $239,523 2.88 %Noninterest-Bearing Liabilities and   Shareholders’ EquityDemand deposits$9,096,676 $9,258,136 Other liabilities944,935 964,089 Shareholders’ equity6,416,485 5,565,542 Total liabilities and shareholders’ equity$53,445,583 $49,185,880 Net interest income - taxable equivalent basis$393,003 3.27 %$362,711 3.28 %Taxable equivalent adjustment(5,360)(6,253)Net interest income (GAAP)$387,643 3.23 %$356,458 3.23 %

(1)Interest income is reflected on a fully taxable equivalent basis.

(2)Includes loans held-for-sale.

54

The following table presents the dollar amount of changes in taxable equivalent net interest income attributable to changes in the average balances of assets and liabilities and the yields earned or rates paid.

From Three Months EndedMarch 31, 2024 to ThreeMonths Ended March 31, 2025 TotalChange (1)Attributed to(dollars in thousands)VolumeRateInterest IncomeMoney market and other interest-earning investments$(1,170)$382 $(1,552)Investment securities (2)9,993 7,212 2,781 Loans (3)24,702 45,334 (20,632)Total interest income33,525 52,928 (19,403)Interest ExpenseChecking and NOW deposits(1,402)1,207 (2,609)Savings deposits(1,409)(308)(1,101)Money market deposits(5,832)14,699 (20,531)Time deposits, excluding brokered deposits9,053 12,626 (3,573)Brokered deposits4,646 6,131 (1,485)Federal funds purchased and interbank borrowings664 984 (320)Securities sold under agreements to repurchase(366)(61)(305)FHLB advances729 562 167 Other borrowings(2,850)(1,957)(893)Total interest expense3