Company: ONBPP
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000707179-25-000018
Chunk: 164

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-07-30
Form: 10-Q
Item: Item 8
Chunk 164
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 preferred securities. Old National guarantees the payment of distributions on the trust preferred securities issued by the trusts. Proceeds from the issuance of each of these securities were used to purchase junior subordinated debentures with the same financial terms as the securities issued by the trusts.Old National, at any time, may redeem the junior subordinated debentures at par and, thereby cause a redemption of the trust preferred securities in whole or in part.

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The following table summarizes the terms of our outstanding junior subordinated debentures at June 30, 2025:(dollars in thousands)   Rate atJune 30,2025 Name of TrustIssuance DateIssuanceAmountRateMaturity DateBridgeview Statutory Trust IJuly 2001$15,464 3-month SOFR plus 3.58%8.12%July 31, 2031Bridgeview Capital Trust IIDecember 200215,464 3-month SOFR plus 3.35%7.87%January 7, 2033First Midwest Capital Trust INovember 200337,825 6.95% fixed6.95%December 1, 2033St. Joseph Capital Trust IIMarch 20055,155 3-month SOFR plus 1.75%6.32%March 17, 2035Northern States Statutory Trust ISeptember 200510,310 3-month SOFR plus 1.80%6.38%September 15, 2035Anchor Capital Trust IIIAugust 20055,000 3-month SOFR plus 1.55%6.11%September 30, 2035Great Lakes Statutory Trust IIDecember 20056,186 3-month SOFR plus 1.40%5.98%December 15, 2035Bremer Statutory Trust IIJune 200661,856 3-month SOFR plus 1.60%6.19%June 1, 2036Home Federal Statutory   Trust ISeptember 200615,464 3-month SOFR plus 1.65%6.23%September 15, 2036Monroe Bancorp Capital   Trust IJuly 20063,093 3-month SOFR plus 1.60%6.12%October 7, 2036Tower Capital Trust 3December 200