Company: ONBPP
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0000707179-25-000064
Chunk: 43

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-10-29
Form: 10-Q
Item: Item 1
Chunk 43
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 dependent when the borrower is experiencing financial difficulty, and the loan is expected to be repaid substantially through the operation or sale of the collateral. The class of loan represents the primary collateral type associated with the loan. Significant quarter-over-quarter changes are reflective of changes in nonaccrual status and not necessarily associated with credit quality indicators like appraisal value. The following table presents the amortized cost basis of collateral dependent loans by class of loan:Type of Collateral(dollars in thousands)RealEstateBlanketLienInvestmentSecurities/CashAutoOtherSeptember 30, 2025Commercial$23,980 $129,535 $7,141 $5,530 $2,338 Commercial real estate305,228 3,434 1,362 — 119 BBCC1,332 1,475 284 132 — Residential63,446 — — — — Indirect— — — 4,923 — Direct3,843 16 — 291 85 Home equity18,161 — — — — Total loans$415,990 $134,460 $8,787 $10,876 $2,542 December 31, 2024Commercial$17,520 $68,985 $6,980 $6,544 $5,215 Commercial real estate228,952 542 1,046 — — BBCC3,201 1,137 86 248 — Residential60,454 — — — — Indirect— — — 5,372 — Direct2,623 16 23 396 34 Home equity20,711 — — — — Total loans$333,461 $70,680 $8,135 $12,560 $5,249 Financial Difficulty ModificationsOccasionally, Old National modifies loans to borrowers experiencing financial difficulty in the form of principal forgiveness, term extension, an other-than-insignificant payment delay, or interest rate reduction (or a combination thereof). When principal forgiveness is provided, the amount forgiven is charged-off against the allowance for credit losses on loans.

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The following table presents the amortized cost basis of financial difficulty modifications that were modified by class of loans and type of modification:(dollars in thousands)TermExtensionPaymentDelayInterest