Company: ONBPP
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0000707179-25-000064
Chunk: 88

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-10-29
Form: 10-Q
Item: Item 1
Chunk 88
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 that it is a standard practice in the banking industry to present net interest margin and net interest income on a fully taxable equivalent basis and that it may enhance comparability for peer comparison purposes for both management and investors.

The following tables present the average balance sheet for each major asset and liability category, its related interest income and yield, or its expense and rate.

(Tax equivalent basis,dollars in thousands)Three Months EndedSeptember 30, 2025Three Months EndedSeptember 30, 2024Earning AssetsAverage BalanceIncome (1)/ExpenseYield/RateAverage BalanceIncome (1)/ExpenseYield/RateMoney market and other interest-earning   investments$1,159,564 $12,207 4.18 %$904,176 $11,696 5.15 %Investment securities:Treasury and government sponsored agencies2,391,564 20,721 3.47 %2,255,629 21,851 3.87 %Mortgage-backed securities9,854,107 105,596 4.29 %5,977,058 48,425 3.24 %States and political subdivisions1,577,384 13,109 3.32 %1,668,454 14,042 3.37 %Other securities874,728 16,265 7.44 %785,107 12,547 6.39 %Total investment securities14,697,783 155,691 4.24 %10,686,248 96,865 3.63 %Loans: (2)Commercial14,722,785 249,569 6.78 %10,373,340 183,878 7.09 %Commercial real estate21,999,016 356,014 6.47 %16,216,842 274,832 6.78 %Residential real estate loans8,287,155 95,129 4.59 %6,833,597 67,084 3.93 %Consumer3,166,508 56,557 7.09 %2,891,260 51,714 7.12 %Total loans48,175,464 757,269 6.28 %36,315,039 577,508 6.36 %Total earning assets64,032