Company: ONBPP
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000707179-25-000018
Chunk: 162

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-07-30
Form: 10-Q
Item: Item 8
Chunk 162
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 December 31, 2024, securities sold under agreements to repurchase totaled $269.0 million with a weighted-average interest rate of 0.86%.The following table presents the contractual maturity of our secured borrowings and class of collateral pledged: At June 30, 2025 Remaining Contractual Maturity of the Agreements(dollars in thousands)Overnight and ContinuousUp to30 Days 30-90 DaysGreater Than 90 daysTotalRepurchase Agreements:     U.S. Treasury and agency securities$297,637 $— $— $— $297,637 Total$297,637 $— $— $— $297,637 

NOTE 11 – FEDERAL HOME LOAN BANK ADVANCES

The following table summarizes Old National Bank’s FHLB advances:(dollars in thousands)June 30,2025December 31, 2024FHLB advances (fixed rates 2.25% to 5.20%   and variable rates 4.28% to 4.48%) maturing   August 2025 to January 2045$5,830,200 $4,475,285 Fair value hedge basis adjustments and unamortized   prepayment fees5,718 (22,726)Total$5,835,918 $4,452,559 FHLB advances had weighted-average rates of 3.82% at June 30, 2025 and 3.54% at December 31, 2024. FHLB advances are collateralized by designated assets that may include qualifying commercial real estate loans, residential and multifamily mortgages, home equity loans, and certain investment securities.At June 30, 2025, total unamortized prepayment fees related to all FHLB advance debt modifications completed in prior years totaled $5.2 million, compared to $8.2 million at December 31, 2024.Contractual maturities of FHLB advances at June 30, 2025 were as follows:(dollars in thousands) Due in 2025$1,625,000 Due in 2026230,000 Due in 2027141,000 Due in 2028748,000 Due in 2029906,000 Thereafter2,180,200 Fair value hedge basis adjustments