Company: ONBPP
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0000707179-25-000009
Chunk: 8

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-04-30
Form: 10-Q
Item: Item 1
Chunk 8
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 (losses) for the period113,672 (44,709)Reclassification adjustment for securities (gains) losses   realized in income76 16 Income tax effect(28,464)11,242 Unrealized gains (losses) on available-for-sale securities85,284 (33,451)Change in securities held-to-maturity:Amortization of unrecognized losses on securities transferred    from available-for-sale3,915 4,318 Income tax effect(994)(1,097)Changes from securities held-to-maturity2,921 3,221 Change in hedges:Net unrealized derivative gains (losses) on hedges11,386 (19,159)Reclassification adjustment for (gains) losses realized in net   income1,196 4,877 Income tax effect(3,253)3,693 Changes from hedges9,329 (10,589)Other comprehensive income (loss), net of tax97,534 (40,819)Comprehensive income (loss)$242,193 $79,465 

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

6

OLD NATIONAL BANCORP

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (unaudited)(dollars in thousands, except per   share data)Preferred StockCommon StockCapital SurplusRetained EarningsAccumulatedOtherComprehensive Income (Loss)TotalShareholders’ EquityDecember 31, 2023$230,500 $292,655 $4,159,924 $1,618,630 $(738,809)$5,562,900 Net income— — — 120,284 — 120,284 Other comprehensive income (loss)— — — — (40,819)(40,819)Cash dividends:Common ($0.14 per share)— — — (41,060)— (41,060)Preferred ($17.50 per share)— — — (4,034)— (4,034)Common stock issued— 17 248 — — 265 Common stock repurchased— (434)(6,748)— — (7,182)Share-based compensation expense— — 5,491 — — 5,491 Stock activity under incentive