Company: ONBPP
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0000707179-25-000064
Chunk: 66

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-10-29
Form: 10-Q
Item: Item 1
Chunk 66
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Pooled trust preferred securities11,533 — 11,533 — Other securities217,527 — 217,527 — Loans held-for-sale80,341 — 80,341 — Derivative assets181,799 — 181,799 — Financial LiabilitiesDerivative liabilities277,499 — 277,499 —   Fair Value Measurements at December 31, 2024 Using(dollars in thousands)Carrying ValueQuoted Prices inActive Markets forIdentical Assets (Level 1)SignificantOtherObservableInputs (Level 2)SignificantUnobservableInputs (Level 3)Financial Assets    Equity securities$91,996 $91,996 $— $— Investment securities available-for-sale:U.S. Treasury199,013 199,013 — — U.S. government-sponsored entities and agencies1,257,906 — 1,257,906 — Mortgage-backed securities - Agency5,204,891 — 5,204,891 — States and political subdivisions485,544 — 485,544 — Pooled trust preferred securities11,322 — 11,322 — Other securities299,783 — 299,783 — Loans held-for-sale34,483 — 34,483 — Derivative assets146,478 — 146,478 — Financial LiabilitiesDerivative liabilities244,313 — 244,313 — Non-Recurring BasisAssets measured at fair value at September 30, 2025 on a non-recurring basis are summarized below:  Fair Value Measurements at September 30, 2025 Using(dollars in thousands)CarryingValueQuoted Prices inActive Markets forIdentical Assets(Level 1)SignificantOtherObservableInputs (Level 2)SignificantUnobservableInputs(Level 3)Collateral Dependent Loans:    Commercial loans$29,027 $— $— $29,027 Commercial real estate loans159,600 — — 159,600 Foreclosed Assets:Commercial1,219 — — 1,219 

48

Commercial and commercial real estate loans that are deemed collateral dependent are valued using the discounted cash flows. The liquidation amounts are based on