Company: ONBPP
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0000707179-25-000064
Chunk: 30

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-10-29
Form: 10-Q
Item: Item 1
Chunk 30
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 BBB ratio may prove to be more severe and/or prolonged than our baseline forecast due to a variety of considerations. Old National’s activity in the allowance for credit losses on loans by portfolio segment was as follows:(dollars in thousands)Balance atBeginning ofPeriodAllowanceEstablishedfor AcquiredPCD LoansCharge-offsRecoveriesProvisionfor LoanLossesBalance atEnd ofPeriodThree Months Ended September 30, 2025  Commercial$215,917 $6,666 $(22,068)$1,222 $33,246 $234,983 Commercial real estate294,303 6,438 (8,016)2,101 (11,999)282,827 BBCC2,488 — (419)25 364 2,458 Residential real estate31,850 — (25)51 (445)31,431 Indirect8,430 — (1,863)690 704 7,961 Direct2,564 — (2,907)648 2,113 2,418 Home equity9,557 — (104)627 20 10,100 Total$565,109 $13,104 $(35,402)$5,364 $24,003 $572,178 Three Months Ended September 30, 2024Commercial$138,460 $3,245 $(11,512)$308 $6,341 $136,842 Commercial real estate189,911 (442)(2,799)214 18,015 204,899 BBCC2,897 — (676)56 415 2,692 Residential real estate23,135 — — 64 (1,711)21,488 Indirect1,233 — (1,715)290 5,853 5,661 Direct3,131 — (2,137)475 958 2,427 Home equity7,568 — (126)84 (695)6,831 Total$366,335 $2,803 $(18,965)$1,491 $29,176 $380,840 Nine Months Ended September 30, 2025Commercial$148,722 $37,158 $(48,185)$3,477 $93,811