Company: ONBPP
Filing Date: 2025-01-14
Form Type: S-4
Source: 0001104659-25-003488
Chunk: 182

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-01-14
Form: S-4
Chunk 182
---
    | ​ |  9,071 | ​ | ​ | ​ | ​    | ​ | 10,686 | ​ | ​ |
| Total interest income from investment securities | ​ | ​ | ​    | $ | 97,591 | ​ | ​ | ​ | ​    | $ | 92,789 | ​ | ​ |

F-22

TABLE OF CONTENTS

Proceeds from sales and calls of available-for-sale investment securities were $76.6 million and $25.8 million for the years ended December 31, 2023 and 2022, respectively. Net gains of $0.5 million and $0.1 million were realized on those sales and calls for the years ended December 31, 2023 and 2022, respectively. For 2023, the net losses include $3.1 million of non-credit related impairments recognized as a result of management’s intention to sell certain available-for-securities. The following table provides information regarding the gains and losses realized on available-for-sale investment securities:

| Year Ended December 31 (Dollars in Thousands)               | ​ | ​ | 2023 |   |        |   | ​ | ​ | 2022 |   |     |   | ​ |
|:------------------------------------------------------------|:--|:--|:-----|:--|-------:|:--|:--|:--|:-----|:--|----:|:--|:--|
| Realized gains                                              | ​ | ​ | ​    | $ |    495 | ​ | ​ | ​ | ​    | $ | 150 | ​ | ​ |
| Realized losses .                                           | ​ | ​ | ​    | ​ | -3,073 | ​ | ​ | ​ | ​    | ​ | -16 | ​ | ​ |
| Net realized gains (losses) .                               | ​ | ​ | ​    | $ | -2,578 | ​ | ​ | ​ | ​    | $ | 134 | ​ | ​ |
| Income tax expense (benefit) on net realized gains (losses) | ​ | ​ | ​    | $ |   -696 | ​ | ​ | ​ | ​    | $ |  36 | ​ | ​ |

The gross unrealized losses and fair value, aggregated by investment category, and the length of time the individual securities have been in a continuous unrealized loss position for available-for-sale securities at December