Company: ONBPP
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0000707179-25-000064
Chunk: 160

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-10-29
Form: 10-Q
Item: Item 8
Chunk 160
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63,189 $71,411 Commercial real estate— — 8,655 8,655 154,043 162,698 Total$— $— $16,877 $16,877 $217,232 $234,109 September 30, 2024Commercial$— $— $3,854 $3,854 $31,861 $35,715 Commercial real estate5,707 3,726 21,463 30,896 67,421 98,317 Total$5,707 $3,726 $25,317 $34,750 $99,282 $134,032 

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The following table summarizes the nature of the financial difficulty modifications by class of loans:(dollars in thousands)Weighted-AverageTermExtension(in months)Weighted-AveragePaymentDelay(in months)Weighted-AverageInterest RateReductionThree Months Ended September 30, 2025Commercial——1.50 %Commercial real estate8.3—— %Total8.3—1.50 %Three Months Ended September 30, 2024Commercial4.46.0— %Commercial real estate6.57.0— %Total5.26.4— %Nine Months Ended September 30, 2025Commercial4.5—1.50 %Commercial real estate8.1—— %Total7.0—1.50 %Nine Months Ended September 30, 2024Commercial6.86.0— %Commercial real estate8.87.0— %Total8.26.4— %There were no payment defaults of loans during the three months ended September 30, 2025 to borrowers whose loans were modified due to financial difficulties within the previous twelve months. There were payment defaults on $16.9 million of loans during the nine months ended September 30, 2025 to borrowers whose loans were modified due to financial difficulties within the previous twelve months. The payment defaults did not materially impact the allowance for credit losses on loans. There were payment defaults on $3.9 million and $25.3 million of loans during the three and nine months ended September 30, 2024, respectively, to borrowers whose loans had been modified within the previous twelve months.Old National had not committed to lend any material additional funds to the borrowers whose loans were