Company: ONBPP
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0000707179-25-000009
Chunk: 11

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-04-30
Form: 10-Q
Item: Item 1
Chunk 11
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45,094)Common stock repurchased(13,538)(7,182)Common stock issued250 265 Net cash flows provided by (used in) financing activities174,155 426,349 Net increase (decrease) in cash and cash equivalents11,812 (235,559)Cash and cash equivalents at beginning of period1,227,968 1,175,058 Cash and cash equivalents at end of period$1,239,780 $939,499 

8

OLD NATIONAL BANCORP

CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) – (Continued)Three Months EndedMarch 31,(dollars in thousands)20252024Supplemental Cash Flow Information:Total interest paid$257,981 $241,927 Total income taxes paid (net of refunds)2,170 2,429 Noncash Investing and Financing Activities:Investment securities purchased but not settled20,000 — Operating lease right-of-use assets obtained in exchange for lease obligations1,640 (193)Finance lease right-of-use assets obtained in exchange for lease obligations831 10,400 

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

9

OLD NATIONAL BANCORP

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

NOTE 1 – BASIS OF PRESENTATION

The accompanying unaudited consolidated financial statements include the accounts of Old National Bancorp and its wholly owned subsidiaries (hereinafter collectively referred to as “Old National”) and have been prepared in conformity with accounting principles generally accepted in the United States of America and prevailing practices within the banking industry. Such principles require management to make estimates and assumptions that affect the reported amounts of assets, liabilities, and the disclosures of contingent assets and liabilities at the date of the financial statements and amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. In the opinion of management, the consolidated financial statements contain all the normal and recurring adjustments necessary for a fair statement of the financial position of Old National as of March 31, 2025 and December 31, 2024, and the results of its operations for the three months ended March 31, 2025 and 2024. Interim results do not necessarily represent annual results. Certain information and disclosures normally included in notes to consolidated annual financial statements prepared in accordance with U.S. generally accepted