Company: ONBPP
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0000707179-25-000064
Chunk: 166

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-10-29
Form: 10-Q
Item: Item 8
Chunk 166
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 agreements to repurchase are secured borrowings. Old National pledges investment securities to secure these borrowings. The following table presents securities sold under agreements to repurchase and related weighted-average interest rates:At or for the Nine MonthsEnded September 30,(dollars in thousands)20252024Outstanding at period end$277,594 $244,626 Average amount outstanding during the period286,137 261,818 Maximum amount outstanding at any month-end during the period311,335 319,423 Weighted-average interest rate:During the period0.90 %1.11 %At period end1.13 %1.09 %

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At December 31, 2024, securities sold under agreements to repurchase totaled $269.0 million with a weighted-average interest rate of 0.86%.The following table presents the contractual maturity of our secured borrowings and class of collateral pledged: At September 30, 2025 Remaining Contractual Maturity of the Agreements(dollars in thousands)Overnight and ContinuousUp to30 Days 30-90 DaysGreater Than 90 daysTotalRepurchase Agreements:     U.S. Treasury and agency securities$277,594 $— $— $— $277,594 Total$277,594 $— $— $— $277,594 

NOTE 11 – FEDERAL HOME LOAN BANK ADVANCES

The following table summarizes Old National Bank’s FHLB advances:(dollars in thousands)September 30,2025December 31, 2024FHLB advances (fixed rates 2.25% to 5.03%   and variable rates 4.09% to 4.28%) maturing   November 2025 to January 2045$5,655,200 $4,475,285 Fair value hedge basis adjustments and unamortized   prepayment fees8,161 (22,726)Total$5,663,361 $4,452,559 FHLB advances had weighted-average rates of 3.81% at September 30, 2025 and 3.54% at December 31, 2024. FHLB advances are collateralized by designated assets that may include qualifying commercial real estate loans, residential and multifamily mortgages, home equity loans, and certain investment securities.At September