Company: ONBPP
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0000707179-25-000064
Chunk: 20

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-10-29
Form: 10-Q
Item: Item 1
Chunk 20
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OCI”).(dollars in thousands)AmortizedCostUnrealizedGainsUnrealizedLossesBasisAdjustments (1)FairValueSeptember 30, 2025    Available-for-Sale    U.S. Treasury$268,957 $86 $(10,230)$(44,732)$214,081 U.S. government-sponsored entities and agencies1,553,040 318 (146,525)(57,074)1,349,759 Mortgage-backed securities - Agency9,636,140 68,310 (512,627)— 9,191,823 States and political subdivisions450,185 2,073 (21,682)2,588 433,164 Pooled trust preferred securities13,816 — (2,283)— 11,533 Other securities222,615 1,277 (6,365)— 217,527 Total available-for-sale securities$12,144,753 $72,064 $(699,712)$(99,218)$11,417,887 December 31, 2024Available-for-SaleU.S. Treasury$261,421 $67 $(12,659)$(49,816)$199,013 U.S. government-sponsored entities and agencies1,521,610 7 (181,360)(82,351)1,257,906 Mortgage-backed securities - Agency5,861,067 6,005 (662,181)— 5,204,891 States and political subdivisions510,630 148 (25,881)647 485,544 Pooled trust preferred securities13,807 — (2,485)— 11,322 Other securities311,973 760 (12,950)— 299,783 Total available-for-sale securities$8,480,508 $6,987 $(897,516)$(131,520)$7,458,459 (1)    Basis adjustments represent the amount of fair value hedging adjustments included in the carrying amounts of fixed-rate investment securities assets designated in fair value hedging arrangements. See Note 15 to the consolidated financial statements for additional information regarding these derivative financial instruments.

16

The following table summarizes the amortized cost and fair value of the held-to-maturity investment securities portfolio and the corresponding amounts of gross unrecognized gains and losses.(dollars in thousands