Company: ONBPP
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000707179-25-000018
Chunk: 189

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-07-30
Form: 10-Q
Item: Item 8
Chunk 189
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83 8.45 Return on average tangible common equity (3)13.39 14.48 Net interest margin (3)3.41 3.31 Efficiency ratio (3)54.92 57.73 Net charge-offs (recoveries) to average loans0.24 0.15 Allowance for credit losses on loans to ending loans1.18 1.01 Allowance for credit losses (4) to ending loans1.24 1.08 Non-performing loans to ending loans1.24 0.94 Balance Sheet:Total loans$47,902,819 $36,150,513 Total assets70,979,805 53,119,645 Total deposits54,357,683 39,999,228 Total borrowed funds7,346,098 6,085,204 Total shareholders’ equity8,126,387 6,075,072 Capital Ratios:Risk-based capital ratios:Tier 1 common equity10.74 %10.73 %Tier 111.20 11.33 Total12.59 12.71 Leverage ratio (to average assets)9.26 8.90 Total equity to assets (averages)11.66 11.31 Tangible common equity to tangible assets (3)7.26 6.94 Nonfinancial Data:Full-time equivalent employees5,313 4,267 Banking centers351 280 

(1)Calculated using the federal statutory tax rate in effect of 21% for all periods.

(2)Cash dividends per common share divided by net income per common share (basic).

(3)Represents a non-GAAP financial measure. Refer to the “Non-GAAP Financial Measures” section for reconciliations to GAAP financial measures.

(4)Includes the allowance for credit losses on loans and unfunded loan commitments.

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NON-GAAP FINANCIAL MEASURES

The Company’s accounting and reporting policies conform to GAAP and general practices within the banking industry. As a supplement to GAAP, the Company provides non-GAAP performance results, which the Company believes are useful because they assist users of the financial information in assessing the Company’s operating performance. Where non-GAAP financial measures are used, the comparable GAAP financial measure, as well as the reconciliation to the comparable GAAP financial measure, can be found in the following table