Company: ONBPP
Filing Date: 2025-02-03
Form Type: 424B3
Source: 0001104659-25-008430
Chunk: 205

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-02-03
Form: 424B3
Chunk 205
---
 960,849 | ​ | ​ | ​ | ​    | $ | 520,247 | ​ | ​ |

Note 11. Short-Term Borrowings Short-term borrowings, which have an original maturity of one year or less, consist of federal funds, repurchase agreements, and FHLB borrowings. Investment securities of $64.2 million and $85.9 million at December 31, 2023 and 2022, respectively, were sold with agreements to repurchase (“repurchase

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agreements”). All repurchase agreements are customer related. There were no federal funds borrowings at December 31, 2023 and 2022. The following table provides information regarding short-term borrowings at and for the years ended December 31, 2023 and 2022:

| Year Ended December 31 (Dollars in Thousands) | ​ | ​ | Federal Fundsand RepurchaseAgreements |   |         |   | ​ | ​ | FHLBBorrowings |   |           |   | ​ |
|:----------------------------------------------|:--|:--|:--------------------------------------|:--|--------:|:--|:--|:--|:---------------|:--|----------:|:--|:--|
| Balance at December 31                        | ​ | ​ | ​                                     | ​ |       ​ | ​ | ​ | ​ | ​              | ​ |         ​ | ​ | ​ |
| 2023                                          | ​ | ​ | ​                                     | $ |  64,230 | ​ | ​ | ​ | ​              | $ |   595,000 | ​ | ​ |
| 2022                                          | ​ | ​ | ​                                     | $ |  85,946 | ​ | ​ | ​ | ​              | $ |   775,000 | ​ | ​ |
| Weighted average interest rate at December 31 | ​ | ​ | ​                                     | ​ |       ​ | ​ | ​ | ​ | ​              | ​ |         ​ | ​ | ​ |
| 2023                                          | ​ | ​ | ​                                     | ​ |   0.05% | ​ | ​ | ​ | ​              | ​ |     5.59% | ​ | ​ |
| 2022                                          | ​ | ​ | ​                                     | ​ |   0.09% | ​ | ​ | ​ | ​              | ​ |     4