Company: ONBPP
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0000707179-25-000064
Chunk: 21

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-10-29
Form: 10-Q
Item: Item 1
Chunk 21
---
)AmortizedCostUnrecognizedGainsUnrecognizedLossesFairValueSeptember 30, 2025   Held-to-MaturityU.S. government-sponsored entities and agencies$838,535 $— $(132,641)$705,894 Mortgage-backed securities - Agency925,192 — (130,879)794,313 States and political subdivisions1,146,638 182 (128,205)1,018,615 Allowance for securities held-to-maturity(150)— — (150)Total held-to-maturity securities$2,910,215 $182 $(391,725)$2,518,672 December 31, 2024Held-to-MaturityU.S. government-sponsored entities and agencies$832,984 $— $(168,653)$664,331 Mortgage-backed securities - Agency970,212 — (169,546)800,666 States and political subdivisions1,151,835 317 (145,861)1,006,291 Allowance for securities held-to-maturity(150)— — (150)Total held-to-maturity securities$2,954,881 $317 $(484,060)$2,471,138 Substantially all of the mortgage-backed securities in the investment portfolio are residential mortgage-backed securities.Proceeds from sales or calls of available-for-sale investment securities and the resulting realized gains and realized losses were as follows:Three Months EndedSeptember 30,Nine Months EndedSeptember 30,(dollars in thousands)2025202420252024Proceeds$57,784 $22,545 $2,221,229 $370,870 Realized gains7 90 97 98 Realized losses— (166)(207)(188)The table below shows the amortized cost and fair value of the investment securities portfolio by contractual maturity. Expected maturities may differ from contractual maturities if borrowers have the right to call or prepay obligations with or without call or prepayment penalties. Weighted average yield is based on amortized cost. September 30, 2025(dollars in thousands)AmortizedCostFairValueWeightedAverageYieldMaturityAvailable-for-Sale   Within one year$225,299 $224,999 3.84 %One to five years4,387,628 4,323