Company: ONBPP
Filing Date: 2025-02-03
Form Type: 424B3
Source: 0001104659-25-008430
Chunk: 203

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-02-03
Form: 424B3
Chunk 203
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Note 9. Intangible Assets Intangible assets consist of goodwill, core deposit premiums, MSRs, and other intangibles. Goodwill and MSRs are not amortized. Goodwill is assessed for impairment on an annual basis, and MSRs are recorded at fair value. No impairment of goodwill was recorded for the years ending December 31, 2023 and 2022. Refer to Note 7 for additional information regarding MSRs. Amortization of core deposit premiums and other intangibles is included in noninterest expense on the consolidated statement of income, with amortization periods of 7 to 15 years.

F-31

TABLE OF CONTENTS

Intangible assets at December 31 consisted of:

| ​                      
 (Dollars in Thousands) | ​ 
 ​ | ​ 
 ​ | 2023               
 GrossCarryingValue |   |         |   | ​ | ​ | AccumulatedAmortization |   |       |   | ​ | ​ | NetCarryingValue |   |         |   | ​ 
 ​ | ​ 
 ​ | ​ 
 ​ | 2022               
 GrossCarryingValue |   |         |   | ​ | ​ | AccumulatedAmortization |   |       |   | ​ | ​ | NetCarryingValue |   |         |   | ​ 
 ​ |
|:-----------------------|:--|:--|:-------------------|:--|--------:|:--|:--|:--|:------------------------|:--|------:|:--|:--|:--|:-----------------|:--|--------:|:--|:--|:--|:--|:-------------------|:--|--------:|:--|:--|:--|:------------------------|:--|------:|:--|:--|:--|:-----------------|:--|--------:|:--|:--|
| Goodwill               | ​ | ​ | ​                  | $ | 112,686 | ​ | ​ | ​ | ​                       | $ |     — | ​ | ​ | ​ | ​                | $ | 112,686 | ​ | ​ | ​ | ​ | ​                  | $ | 112,686 | ​ | ​ | ​ | ​                       | $ |     — | ​ | ​ | ​ | ​                | $ | 112,686 | ​ | ​ |
| Core deposit premiums  | ​ | ​ |