Parent Company Financial Statements (Tables)

12 Months Ended

Dec. 31, 2013

Condensed Financial Information Of Parent Company Only Disclosure [Abstract]

Balance Sheet

OLD NATIONAL BANCORP (PARENT COMPANY ONLY)

CONDENSED BALANCE SHEETS

	December 31,
(dollars in thousands)	2013		2012
Assets
Deposits in affiliate bank	$	75,637	$	39,262
Trading securities—at fair value		3,566		3,097
Investment securities—available for sale		2,025		1,826
Investment in affiliates:
Banking subsidiaries		989,585		1,073,721
Non-banks		42,706		43,067
Other assets		103,423		85,540
Total assets	$	1,216,942	$	1,246,513
Liabilities and Shareholders’ Equity
Other liabilities	$	29,564	$	27,287
Other borrowings		24,738		24,661
Shareholders’ equity		1,162,640		1,194,565
Total liabilities and shareholders’ equity	$	1,216,942	$	1,246,513

Statement of Income

OLD NATIONAL BANCORP (PARENT COMPANY ONLY)

CONDENSED STATEMENTS OF INCOME

	Years Ended December 31,
(dollars in thousands)	2013			2012			2011
Income
Dividends from affiliates	$	116,073		$	53,042		$	19,670
Net securities gains		416			165			20
Other income		1,864			1,710			1,372
Other income (loss) from affiliates		138			153			(1	)
Total income		118,491			55,070			21,061
Expense
Interest on borrowings		624			786			1,270
Other expenses		11,228			14,270			9,572
Total expense		11,852			15,056			10,842
Income before income taxes and equity in undistributed earnings of affiliates		106,639			40,014			10,219
Income tax benefit		(4,044	)		(5,909	)		(3,819	)
Income before equity in undistributed earnings of affiliates		110,683			45,923			14,038
Equity in undistributed earnings of affiliates		(9,763	)		45,752			58,422
Net Income	$	100,920		$	91,675		$	72,460

Statement of Cash Flows

OLD NATIONAL BANCORP (PARENT COMPANY ONLY)

CONDENSED STATEMENT OF CASH FLOWS

	Years Ended December 31,
(dollars in thousands)	2013			2012			2011
Cash Flows From Operating Activities
Net income	$	100,920		$	91,675		$	72,460
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation		8			15			31
Net securities (gains) losses		(416	)		(134	)		(20	)
Stock compensation expense		3,958			3,317			3,436
(Increase) decrease in other assets		(17,972	)		9,056			(4,927	)
(Decrease) increase in other liabilities		3,095			(496	)		3,628
Equity in undistributed earnings of affiliates		9,763			(45,752	)		(58,422	)
Total adjustments		(1,564	)		(33,994	)		(56,274	)
Net cash flows provided by operating activities		99,356			57,681			16,186
Cash Flows From Investing Activities
Cash and cash equivalents of acquisitions		—			1			447
Purchases of investment securities		(53	)		(147	)		—
Proceeds from sales of investment securities available-for-sale		—			—			1,081
Net payments from (advances to) affiliates		—			—			18,886
Purchases of premises and equipment		(60	)		(173	)		—
Net cash flows provided by (used in) investing activities		(113	)		(319	)		20,414
Cash Flows From Financing Activities
Payments related to retirement of debt		—			(16,000	)		—
Cash dividends paid on common stock		(40,278	)		(34,657	)		(26,513	)
Common stock repurchased		(24,292	)		(3,990	)		(1,526	)
Common stock reissued under stock option, restricted stock and stock purchase plans		1,412			717			140
Common stock issued		290			254			222
Net cash flows provided by (used in) financing activities		(62,868	)		(53,676	)		(27,677	)
Net increase (decrease) in cash and cash equivalents		36,375			3,686			8,923
Cash and cash equivalents at beginning of period		39,262			35,576			26,653
Cash and cash equivalents at end of period	$	75,637		$	39,262		$	35,576