Company: ONBPP
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0000707179-25-000005
Chunk: 140

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 140
---
ITEM 8.    FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA 

PageReport of Management72Report of Independent Registered Public Accounting Firm (PCAOB ID: 34)73Report of Independent Registered Public Accounting Firm (PCAOB ID: 173)75Consolidated Balance Sheets76Consolidated Statements of Income77Consolidated Statements of Comprehensive Income (Loss)78Consolidated Statements of Changes in Shareholders’ Equity79Consolidated Statements of Cash Flows80Notes to Consolidated Financial Statements81Note 1.  Basis of Presentation and Significant Accounting Policies81Note 2.  Merger, Acquisition, and Divestiture Activity89Note 3.  Investment Securities93Note 4.  Loans and Allowance for Credit Losses96Note 5.  Premises and Equipment108Note 6.  Leases108Note 7.  Goodwill and Other Intangible Assets110Note 8.  Loan Servicing Rights111Note 9.  Qualified Affordable Housing Projects and Other Tax Credit Investments111Note 10.  Deposits112Note 11.  Securities Sold Under Agreements to Repurchase113Note 12.  Federal Home Loan Bank Advances113Note 13.  Other Borrowings114Note 14.  Accumulated Other Comprehensive Income (Loss)116Note 15.  Income Taxes117Note 16.  Share-Based Compensation and Other Employee Benefit Plans119Note 17.  Shareholders’ Equity121Note 18.  Fair Value122Note 19.  Derivative Financial Instruments127Note 20.  Commitments, Contingencies, and Financial Guarantees131Note 21.  Regulatory Restrictions131Note 22.  Parent Company Financial Statements134Note 23.  Segment Information135

71

REPORT OF MANAGEMENT

MANAGEMENT’S RESPONSIBILITY FOR FINANCIAL REPORTING

Management is responsible for the preparation of the financial statements and related financial information appearing in this Annual Report on Form 10-K. The financial statements and notes have been prepared in conformity with accounting principles generally accepted in the United States and include some amounts which are estimates based upon currently available information and management’s judgment of current conditions and circumstances. Financial information throughout this Annual Report on Form 10-K is consistent with that in the financial statements.

Management maintains a system of internal accounting controls, which