Company: ONBPP
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000707179-25-000018
Chunk: 8

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-07-30
Form: 10-Q
Item: Item 1
Chunk 8
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,630 7,425 26,460 12,880 Amortization of tax credit investments5,815 2,747 9,239 5,496 Other expense28,646 18,389 44,891 34,633 Total noninterest expense384,766 282,999 653,237 545,316 Income before income taxes155,706 156,479 337,269 309,251 Income tax expense30,298 35,250 67,202 67,738 Net income 125,408 121,229 270,067 241,513 Preferred dividends(4,033)(4,033)(8,067)(8,067)Net income applicable to common shareholders$121,375 $117,196 $262,000 $233,446 Net income per common share - basic$0.34 $0.37 $0.78 $0.77 Net income per common share - diluted0.34 0.37 0.77 0.77 Weighted average number of common shares outstanding - basic360,155 315,585 338,162 303,283 Weighted average number of common shares outstanding - diluted361,436 316,461 340,250 304,207 Dividends per common share$0.14 $0.14 $0.28 $0.28 

The accompanying notes to consolidated financial statements are an integral part of these statements.

5

OLD NATIONAL BANCORP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (unaudited)Three Months EndedJune 30,Six Months EndedJune 30,(dollars in thousands)2025202420252024Net income$125,408 $121,229 $270,067 $241,513 Other comprehensive income (loss):Change in debt securities available-for-sale:Unrealized holding gains (losses) for the period54,305 (17,788)167,977 (62,497)Reclassification adjustment for securities (gains) losses   realized in income41 (2)117 14 Income tax effect(13,725)4,441 (42,189)15,683 Unrealized gains (losses) on available-for-sale securities40,621 (13,349