Short-Term Borrowings

6 Months Ended

Jun. 30, 2015

Debt Disclosure [Abstract]

Short-Term Borrowings

NOTE 13 – 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, 2015:

(dollars in thousands)	Federal Funds Purchased			Repurchase Agreements / Sweeps			Total
2015
Outstanding at June 30, 2015	$	173,468		$	356,909		$	530,377
Average amount outstanding		110,705			349,858			460,563
Maximum amount outstanding at any month-end		173,468			369,515
Weighted average interest rate:
During the six months ended June 30, 2015		0.19	%		0.06	%		0.09	%
At June 30, 2015		0.12			0.07			0.08

The following table presents the contractual maturity of our secured borrowings and class of collateral pledged:

	At June 30, 2015
	Remaining Contractual Maturity of the Agreements
(dollars in thousands)	Overnight and Continuous		Up to 30 Days		30-90 Days		Greater Than 90 days		Total
Repurchase Agreements:
U.S. Treasury and agency securities	$	356,341	$	—	$	—	$	568	$	356,909
Total	$	356,341	$	—	$	—	$	568	$	356,909