Company: ONBPP
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0000707179-25-000064
Chunk: 193

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-10-29
Form: 10-Q
Item: Item 8
Chunk 193
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 %35 %Book value$20.64 $19.20 Stock price21.95 18.66 Tangible common book value (3)13.15 11.97 Performance Ratios:Return on average assets0.95 %0.99 %Return on average common equity8.26 8.78 Return on average tangible common equity (3)14.30 15.00 Net interest margin (3)3.50 3.31 Efficiency ratio (3)56.43 56.37 Net charge-offs (recoveries) to average loans0.24 0.16 Allowance for credit losses on loans to ending loans1.19 1.05 Allowance for credit losses (4) to ending loans1.26 1.12 Non-performing loans to ending loans1.23 1.22 Balance Sheet:Total loans$47,967,915 $36,400,643 Total assets71,210,162 53,602,293 Total deposits55,006,184 40,845,746 Total borrowed funds6,766,381 5,449,096 Total shareholders’ equity8,309,271 6,367,298 Capital Ratios:Risk-based capital ratios:Tier 1 common equity11.02 %11.00 %Tier 111.49 11.60 Total12.78 12.94 Leverage ratio (to average assets)8.72 9.05 Total equity to assets (averages)11.59 11.41 Tangible common equity to tangible assets (3)7.53 7.44 Nonfinancial Data:Full-time equivalent employees5,243 4,105 Banking centers351 280 

(1)Calculated using the federal statutory tax rate in effect of 21% for all periods.

(2)Cash dividends per common share divided by net income per common share (basic).

(3)Represents a non-GAAP financial measure. Refer to the “Non-GAAP Financial Measures” section for reconciliations to GAAP financial measures.

(4)Includes the allowance for credit losses on loans and unfunded loan commitments.

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NON-GAAP FINANCIAL MEASURES

The Company’s accounting and reporting policies conform to GAAP and general practices within the banking industry. As a supplement to GAAP