Company: ONBPP
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0000707179-25-000009
Chunk: 6

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-04-30
Form: 10-Q
Item: Item 1
Chunk 6
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Time deposits7,256,941 6,755,739 Total deposits41,034,572 40,823,560 Federal funds purchased and interbank borrowings170 385 Securities sold under agreements to repurchase290,256 268,975 Federal Home Loan Bank advances4,514,354 4,452,559 Other borrowings642,274 689,618 Accrued expenses and other liabilities861,664 976,825 Total liabilities47,343,290 47,211,922 Shareholders’ EquityPreferred stock, 2,000 shares authorized, 231 shares issued and outstanding230,500 230,500 Common stock, no par value, $1.00 per share stated value, 600,000 shares authorized,   319,236 and 318,980 shares issued and outstanding, respectively319,236 318,980 Capital surplus4,572,106 4,570,865 Retained earnings2,061,321 1,966,048 Accumulated other comprehensive income (loss), net of tax(648,509)(746,043)Total shareholders’ equity6,534,654 6,340,350 Total liabilities and shareholders’ equity$53,877,944 $53,552,272 

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

4

OLD NATIONAL BANCORP

CONSOLIDATED STATEMENTS OF INCOME (unaudited)Three Months EndedMarch 31,(dollars and shares in thousands, except per share data)20252024Interest Income  Loans including fees:  Taxable$515,766 $487,361 Nontaxable10,177 13,102 Investment securities:Taxable85,534 75,027 Nontaxable10,107 10,506 Money market and other interest-earning investments8,815 9,985 Total interest income630,399 595,981 Interest ExpenseDeposits190,495 185,439 Federal funds purchased and interbank borrowings1,625 961 Securities sold under agreements to repurchase551 917 Federal Home Loan Bank advances41,896 41,167 Other borrowings8,189 11,039 Total interest expense242,756 239,523 Net interest income387,643 356,458 Provision for credit losses