Short-Term Borrowings

6 Months Ended

Jun. 30, 2012

Short-Term Borrowings [Abstract]

Short-Term Borrowings

NOTE 12 – SHORT-TERM BORROWINGS

The following table presents the distribution of Old National's short-term borrowings and related weighted-average interest rates as of June 30, 2012:

								Other
		Federal Funds			Repurchase			Short-term
(dollars in thousands)		Purchased			Agreements			Borrowings			Total
2012
Outstanding at June 30, 2012	$	919		$	345,081		$	0		$	346,000
Average amount outstanding		52,568			308,846			18			361,432
Maximum amount outstanding at
any month-end		231,202			345,081			0
Weighted average interest rate:
During six months ended
June 30, 2012		0.14	%		0.14	%		7.55	%		0.14	%
At June 30, 2012		0.15			0.26			0			0.26

Other Short-term Borrowings

At December 31, 2011, Old National had a $114 thousand note payable to a life insurance company which was assumed as part of the Integra Bank acquisition and matured in January 2012. This note payable carried an effective interest rate of 7.26%.