Company: ONBPP
Filing Date: 2025-01-29
Form Type: S-4/A
Source: 0001104659-25-007256
Chunk: 230

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-01-29
Form: S-4/A
Chunk 230
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, rate, and delivery for which the loan is eligible to deliver in place of the particular security. The Company’s mortgage security prices are supplied by a market data vendor, which in turn accumulates prices from a broad list of securities dealers. Prices are processed through a mortgage pipeline management system that accumulates and segregates all interest rate lock commitment and forward sale transactions according to the similarity of various characteristics (maturity, term, rate, and collateral). Prices are matched to those positions that are deemed to be an eligible substitute or offset (i.e., deliverable) for a corresponding security observed in the market and adjusted for an assumed pull-through rate. As a result, the Company classifies its interest mortgage commitments in Level 3 of the fair value hierarchy.

#### Non-Recurring Fair Value Measurements
The following section describes the valuation methodologies used by the Company to measure financial assets and liabilities at fair value on a non-recurring basis. In addition, the following section

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includes an indication of the level of the fair value hierarchy in which the assets or liabilities are classified. Where appropriate, the description includes information about the valuation models and key inputs to those models. During the years ended December 31, 2023 and 2022, there were no significant changes to the valuation techniques used by the Company to measure fair value on a nonrecurring basis. The following table provides the balances of assets and liabilities measured at fair value on a non-recurring basis at December 31:

| (Dollars in Thousands)           
 2023                             | ​ 
 ​ | ​ 
 ​ | Level 1 
 ​       | ​ | ​ | ​ | ​ 
 ​ | ​ 
 ​ | Level 2 
 ​       | ​ | ​ | ​ | ​ 
 ​ | ​ 
 ​ | Level 3 
 ​       | ​ |      ​ | ​ | ​ 
 ​ | ​ 
 ​ | Total 
 ​     | ​ |      ​ | ​ | ​ 
 ​ |
|:---------------------------------|:--|:--|:--------|:--|:--|:--|:--|:--|:--------|:--|:--|:--|:--|:--|:--------|:--|-------:|:--|:--|:--|:------|:--|-------:|:--|:--|
| Impaired loans, included in LHFI | ​ | ​ | ​       |