Company: ONBPP
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0000707179-25-000018
Chunk: 154

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-07-30
Form: 10-Q
Item: Item 8
Chunk 154
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 Days orMore andAccruingNonaccrualAmortizedCostNonaccrualWith NoRelatedAllowancePast Due90 Days orMore andAccruingCommercial$208,671 $15,375 $3,680 $119,507 $30,551 $861 Commercial real estate292,665 73,828 12,709 233,856 64,453 3,126 BBCC3,834 — — 4,672 — — Residential60,964 — 225 60,454 — — Indirect4,460 — 233 5,372 — — Direct6,378 — 46 3,407 — — Home equity17,737 — — 20,711 — 73 Total$594,709 $89,203 $16,893 $447,979 $95,004 $4,060 Interest income recognized on nonaccrual loans was insignificant during the three and six months ended June 30, 2025 and 2024.

27

When management determines that foreclosure is probable, expected credit losses for collateral dependent loans are based on the fair value of the collateral at the reporting date, adjusted for selling costs as appropriate. A loan is considered collateral dependent when the borrower is experiencing financial difficulty, and the loan is expected to be repaid substantially through the operation or sale of the collateral. The class of loan represents the primary collateral type associated with the loan. Significant quarter-over-quarter changes are reflective of changes in nonaccrual status and not necessarily associated with credit quality indicators like appraisal value. The following table presents the amortized cost basis of collateral dependent loans by class of loan:Type of Collateral(dollars in thousands)RealEstateBlanketLienInvestmentSecurities/CashAutoOtherJune 30, 2025Commercial$22,397 $142,003 $9,707 $6,286 $4,340 Commercial real estate283,893 4,409 1,464 — 123 BBCC2,389 694 310 196 — Residential60,964 — — — — Indirect— — — 4,460 — Direct4,761 20 4 319 22 Home equity17,737 — —