Financing Activities (Tables)

3 Months Ended

Mar. 31, 2015

Debt Disclosure [Abstract]

Other Borrowings

The following table summarizes Old National’s and its subsidiaries’ other borrowings at March 31, 2015 and December 31, 2014:

	March 31,			December 31,
(dollars in thousands)	2015			2014
Old National Bancorp:
Senior unsecured bank notes (fixed rate 4.125%) maturing August 2024	$	175,000		$	175,000
Junior subordinated debentures (variable rates of 1.61% to 2.02%) maturing March 2035 to June 2037		45,000			45,000
ASC 815 fair value hedge and other basis adjustments		(4,776	)		(4,884	)
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 0.29% to 6.76% and variable rates 0.39% to 0.41%) maturing May 2015 to January 2025		599,874			649,987
Capital lease obligation		4,083			4,099
ASC 815 fair value hedge and other basis adjustments		1,399			900
Total other borrowings	$	870,580		$	920,102

Contractual Maturities of Long-Term Debt

Contractual maturities of other borrowings at March 31, 2015 were as follows:

(dollars in thousands)
Due in 2015	$	50,047
Due in 2016		117,376
Due in 2017		95,887
Due in 2018		145,477
Due in 2019		3,258
Thereafter		461,912
ASC 815 fair value hedge and other basis adjustments		(3,377	)
Total	$	870,580

Future Minimum Lease Payments under Capital Lease

At March 31, 2015, the future minimum lease payments under the capital lease were as follows:

(dollars in thousands)
2015 remaining	$	307
2016		410
2017		410
2018		410
2019		429
Thereafter		8,836
Total minimum lease payments		10,802
Less amounts representing interest		6,719
Present value of net minimum lease payments	$	4,083