Company: ONBPP
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000707179-25-000018
Chunk: 138

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-07-30
Form: 10-Q
Item: Item 8
Chunk 138
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 risk characteristics and credit monitoring procedures. The four loan portfolios used to monitor and analyze interest income and yields – commercial, commercial real estate, residential real estate, and consumer – are reclassified into seven segments of loans – commercial, commercial real estate, business banking credit center (“BBCC”), residential real estate, indirect, direct, and home equity for purposes of determining the allowance for credit losses on loans. The commercial and commercial real estate loan categories shown on the balance sheet include the same pool of loans as the commercial, commercial real estate, and BBCC portfolio segments. The consumer loan category shown on the balance sheet is comprised of the same loans in the indirect, direct, and home equity portfolio segments. The portfolio segment reclassifications follow:Balance SheetLine ItemPortfolioSegmentReclassificationsPortfolioSegment AfterReclassifications(dollars in thousands)June 30, 2025Commercial (1)$14,662,916 $(218,095)$14,444,821 Commercial real estate21,879,785 (175,181)21,704,604 BBCCN/A393,276 393,276 Residential real estate8,212,242 — 8,212,242 Consumer3,147,876 (3,147,876)N/AIndirectN/A1,073,024 1,073,024 DirectN/A586,841 586,841 Home equityN/A1,488,011 1,488,011 Total loans (2)$47,902,819 $— $47,902,819 Allowance for credit losses on loans(565,109)— (565,109)Net loans$47,337,710 $— $47,337,710 December 31, 2024Commercial (1)$10,288,560 $(232,301)$10,056,259 Commercial real estate16,307,486 (174,438)16,133,048 BBCCN/A406,739 406,739 Residential real estate6,797,586 — 6,797,586 Consumer2,892,255 (2,892,255)N/AIndirectN/A1,096,778 1,096,778 DirectN/A514,144 514,144 Home equityN/A1,281,333 1,281,333 Total loans (2)$36,285,887