Company: ONBPP
Filing Date: 2025-02-03
Form Type: 424B3
Source: 0001104659-25-008430
Chunk: 200

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-02-03
Form: 424B3
Chunk 200
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 | ​ | ​ |
| Federal Home Loan Bank and other       | ​ | ​ | ​    | ​ |       409 | ​ | ​ | ​ | ​    | ​ |       452 | ​ | ​ |
| ​                                      | ​ | ​ | ​    | $ | 2,081,283 | ​ | ​ | ​ | ​    | $ | 2,122,243 | ​ | ​ |

In the determination of the fair value of MSRs, certain key assumptions are made. The key assumptions considered by the Company were the constant prepayment rate (“CPR”), which is an estimated loan prepayment rate that uses historical prepayment rates for previous loans similar to the loans being evaluated, and a market based discount rate. Refer to Note 21 for additional information regarding the fair value of MSRs. The following table provides information about the fair value of MSRs and the related key assumptions at December 31:

| (Dollars in Thousands)                                             | ​ | ​ | 2023 |   |           |   | ​ | ​ | 2022 |   |           |   | ​ |
|:-------------------------------------------------------------------|:--|:--|:-----|:--|----------:|:--|:--|:--|:-----|:--|----------:|:--|:--|
| Unpaid principal balance of servicing portfolio                    | ​ | ​ | ​    | $ | 2,081,283 | ​ | ​ | ​ | ​    | $ | 2,122,243 | ​ | ​ |
| Fair value                                                         | ​ | ​ | ​    | $ |    23,310 | ​ | ​ | ​ | ​    | $ |    25,331 | ​ | ​ |
| Value (fair value divided by servicing portfolio, in basis points) | ​ | ​ | ​    | ​ |       112 | ​ | ​ | ​ | ​    | ​ |       119 | ​ | ​ |
| Weighted average expected prepayment (constant prepaymentrate)     | ​ | ​ | ​    | ​ |      8.6% | ​ | ​ | ​ | ​    | ​ |      7.3% | ​ | ​ |
| Weighted average discount rate                                     | ​ | ​ | ​    | ​ |     10.3% | ​ | ​ | ​ | ​    | ​ |     10.0% | ​ | ​ |

F-