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Federal Home Loan Bank Advances
 9 Months Ended
Sep. 30, 2022
Federal Home Loan Banks [Abstract]  
Federal Home Loan Bank Advances FEDERAL HOME LOAN BANK ADVANCES
The following table summarizes Old National Bank’s FHLB advances:
(dollars in thousands)September 30,
2022		December 31,
2021
FHLB advances (fixed rates 0.00% to 4.96%
   and variable rates 2.57% to 3.05%) maturing
   October 2022 to September 2042
$2,828,308 $1,902,655 
Fair value hedge basis adjustments and unamortized
   prepayment fees		(23,691)(16,636)
Total$2,804,617 $1,886,019 
FHLB advances had weighted-average rates of 2.48% at September 30, 2022 and 1.30% at December 31, 2021. Investment securities and residential real estate loans collateralize these borrowings up to 140% of outstanding debt.
At September 30, 2022, total unamortized prepayment fees related to debt modifications completed in prior years totaled $21.7 million, compared to $26.2 million at December 31, 2021.
Contractual maturities of FHLB advances at September 30, 2022 were as follows:
(dollars in thousands) 
Due in 2022$127,500 
Due in 2023100,280 
Due in 202425,243 
Due in 2025550,285 
Due in 2026100,000 
Thereafter1,925,000 
Fair value hedge basis adjustments and unamortized prepayment fees(23,691)
Total$2,804,617