Company: ONBPP
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0000707179-25-000009
Chunk: 17

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-04-30
Form: 10-Q
Item: Item 1
Chunk 17
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)1,843 439,456 Pooled trust preferred securities13,809 — (2,498)— 11,311 Other securities282,826 965 (9,946)— 273,845 Total available-for-sale securities$8,643,126 $20,152 $(796,933)$(112,374)$7,753,971 December 31, 2024Available-for-SaleU.S. Treasury$261,421 $67 $(12,659)$(49,816)$199,013 U.S. government-sponsored entities and agencies1,521,610 7 (181,360)(82,351)1,257,906 Mortgage-backed securities - Agency5,861,067 6,005 (662,181)— 5,204,891 States and political subdivisions510,630 148 (25,881)647 485,544 Pooled trust preferred securities13,807 — (2,485)— 11,322 Other securities311,973 760 (12,950)— 299,783 Total available-for-sale securities$8,480,508 $6,987 $(897,516)$(131,520)$7,458,459 (1)    Basis adjustments represent the amount of fair value hedging adjustments included in the carrying amounts of fixed-rate investment securities assets designated in fair value hedging arrangements. See Note 15 to the consolidated financial statements for additional information regarding these derivative financial instruments.The following table summarizes the amortized cost and fair value of the held-to-maturity investment securities portfolio and the corresponding amounts of gross unrecognized gains and losses.(dollars in thousands)AmortizedCostUnrecognizedGainsUnrecognizedLossesFairValueMarch 31, 2025   Held-to-MaturityU.S. government-sponsored entities and agencies$834,830 $— $(145,696)$689,134 Mortgage-backed securities - Agency958,004 — (150,470)807,534 States and political subdivisions1,150,099 23 (161,107)989,015 Allowance for securities held-to-maturity(150)— — (150)Total held-to-maturity securities$2,942,783 $23 $(457,273)$2,485,533 December 31, 2024Held-to-Maturity