Financing Activities (Tables)

6 Months Ended

Jun. 30, 2014

The following table summarizes Old National’s and its subsidiaries’ other borrowings at June 30, 2014 and December 31, 2013:


	June 30,			December 31,
(dollars in thousands)	2014			2013
Old National Bancorp:
Junior subordinated debentures (variable rates of 1.57% to 1.98%) maturing March 2035 to June 2037	$	45,000		$	28,000
ASC 815 fair value hedge and other basis adjustments		(5,094	)		(3,262	)
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 0.16% to 8.34% and variable rates 0.32% to 0.36%) maturing July 2014 to May 2024		807,379			477,856
Capital lease obligation		4,128			4,157
ASC 815 fair value hedge and other basis adjustments		602			(363	)

Total other borrowings	$	902,015		$	556,388

Contractual maturities of other borrowings at June 30, 2014, were as follows:


(dollars in thousands)
Due in 2014	$	405,728
Due in 2015		63
Due in 2016		117,395
Due in 2017		46,020
Due in 2018		145,563
Thereafter		191,738
ASC 815 fair value hedge and other basis adjustments		(4,492	)

Total	$	902,015

At June 30, 2014, the future minimum lease payments under the capital lease were as follows:


(dollars in thousands)
2014 remaining	$	205
2015		410
2016		410
2017		410
2018		410
Thereafter		9,265

Total minimum lease payments		11,110
Less amounts representing interest		6,982

Present value of net minimum lease payments	$	4,128