Company: ONBPP
Filing Date: 2025-04-30
Form Type: 10-Q
Source: 0000707179-25-000009
Chunk: 121

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-04-30
Form: 10-Q
Item: Item 8
Chunk 121
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 by the distinct possibility that Old National will sustain some loss if the deficiencies are not corrected.Classified – Nonaccrual. Loans classified as nonaccrual have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection in full, on the basis of currently existing facts, conditions, and values, in doubt.Classified – Doubtful. Loans classified as doubtful have all the weaknesses inherent in those classified as nonaccrual, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable.Pass rated loans are those loans that are other than special mention, classified – substandard, classified – nonaccrual, or classified – doubtful.

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The following table summarizes the amortized cost of term loans by risk category of commercial, commercial real estate, and BBCC loans by loan portfolio segment, class of loan, and origination year:(dollars in thousands)Origination YearRevolving to Term20252024202320222021PriorRevolvingTotalMarch 31, 2025Commercial:Pass$526,158 $1,800,312 $1,206,395 $1,056,867 $662,292 $831,140 $2,769,402 $633,871 $9,486,437 Special Mention240 29,973 76,049 53,437 14,567 41,565 65,298 30,738 311,867 Classified:Substandard814 46,978 77,024 69,548 57,452 43,957 117,613 81,646 495,032 Nonaccrual5 612 1,570 5,037 2,369 3,673 1,323 2,561 17,150 Doubtful9,869 7,424 20,254 25,849 1,626 9,167 16,112 29,679 119,980 Total$537,086 $1,885,299 $1,381,292 $1,210,738 $738,306 $929,502 $2,969,748 $778,495 $10,430,466 Commercial real estate:Pass$596,570 $2