Financing Activities (Tables)

9 Months Ended

Sep. 30, 2013

The following table summarizes Old National’s and its subsidiaries’ other borrowings at September 30, 2013 and December 31, 2012:


	September 30,			December 31,
(dollars in thousands)	2013			2012
Old National Bancorp:
Junior subordinated debenture (variable rates of 1.85% to 2.00%) maturing March 2035 to June 2037	$	28,000		$	28,000
ASC 815 fair value hedge and other basis adjustments		(3,281	)		(3,339	)
Old National Bank:
Securities sold under agreements to repurchase (fixed rates 2.47% to 2.50%) maturing January 2017 to January 2018		50,000			50,000
Federal Home Loan Bank advances (fixed rates 0.14% to 8.34% and variable rates 0.32% to 0.36%) maturing October 2013 to January 2023		554,526			155,323
Capital lease obligation		4,170			4,211
ASC 815 fair value hedge and other basis adjustments		460			3,298

Total other borrowings	$	633,875		$	237,493

Contractual maturities of other borrowings at September 30, 2013, were as follows:


(dollars in thousands)
Due in 2013	$	250,013
Due in 2014		50,794
Due in 2015		63
Due in 2016		117,395
Due in 2017		21,115
Thereafter		197,316
ASC 815 fair value hedge and other basis adjustments		(2,821	)

Total	$	633,875

At September 30, 2013, the future minimum lease payments under the capital lease were as follows:


(dollars in thousands)
2013 remaining	$	97
2014		410
2015		410
2016		410
2017		410
Thereafter		9,673

Total minimum lease payments		11,410
Less amounts representing interest		7,240

Present value of net minimum lease payments	$	4,170