Federal Home Loan Bank Advances (Tables)

12 Months Ended

Dec. 31, 2023

Advance from Federal Home Loan Bank [Abstract]

Summary of FHLB Advances

The following table summarizes Old National Bank’s FHLB advances:

	December 31,
(dollars in thousands)	2023		2022
FHLB advances (fixed rates 2.19% to 5.51% and    variable rates 5.34% to 5.36%) maturing    January 2024 to December 2043	$	4,300,528	$	3,850,677
Fair value hedge basis adjustments and unamortized    prepayment fees	(19,847)		(21,659)
Total other borrowings	$	4,280,681	$	3,829,018

Summary of Contractual Maturities of FHLB Advances

Contractual maturities of FHLB advances at December 31, 2023 were as follows:

(dollars in thousands)
Due in 2024	$	125,243
Due in 2025	550,285
Due in 2026	100,000
Due in 2028	850,000
Thereafter	2,675,000
Fair value hedge basis adjustments and unamortized prepayment fees	(19,847)
Total	$	4,280,681