Company: ONBPP
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0000707179-25-000005
Chunk: 124

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-02-19
Form: 10-K
Item: Item 7
Chunk 124
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 years ended December 31:

(dollars in thousands)202420232022Commercial:Net charge-offs (recoveries)$34,549 $37,279 $2,275 Average loans for the year (1)$9,807,508 $9,338,940 $7,755,895 Net charge-offs (recoveries)/average loans 0.35 %0.40 %0.03 %Commercial real estate:Net charge-offs (recoveries)$15,852 $8,781 $5,424 Average loans for the year$15,653,383 $13,248,587 $11,292,033 Net charge-offs (recoveries)/average loans0.10 %0.07 %0.05 %BBCC:Net charge-offs (recoveries)$1,476 $1,375 $(196)Average loans for the year$403,929 $385,171 $352,276 Net charge-offs (recoveries)/average loans0.37 %0.36 %(0.06)%Residential real estate:Net charge-offs (recoveries)$(869)$(1,012)$(416)Average loans for the year (1)$6,808,655 $6,642,224 $5,618,883 Net charge-offs (recoveries)/average loans(0.01)%(0.02)%(0.01)%Indirect:Net charge-offs (recoveries)$4,336 $1,389 $1,262 Average loans for the year$1,125,139 $1,013,560 $1,089,394 Net charge-offs (recoveries)/average loans0.39 %0.14 %0.12 %Direct:Net charge-offs (recoveries)$6,520 $8,186 $8,242 Average loans for the year$478,450 $568,345 $559,943 Net charge-offs (recoveries)/average loans1.36 %1.44 %1.47 %Home equity:Net charge-offs (recoveries)$140 $(88)$(492)Average loans for the year$1,229,234 $1,036,193 $921,018 Net charge-offs (recoveries)/average loans0.01 %(0.01)%(0.05