Other Borrowings (Tables)

6 Months Ended

Jun. 30, 2017

Other Liabilities Disclosure [Abstract]

Other Borrowings

The following table summarizes Old National and its subsidiaries’ other borrowings at June 30, 2017 and December 31, 2016:

(dollars in thousands)	June 30, 2017			December 31, 2016
Old National Bancorp:
Senior unsecured bank notes (fixed rate 4.125%) maturing August 2024	$	175,000		$	175,000
Unamortized debt issuance costs related to Senior unsecured bank notes		(1,104	)		(1,182	)
Junior subordinated debentures (variable rates of 2.64% to 3.02%) maturing March 2035 to September 2037		45,000			45,000
Other basis adjustments		(3,724	)		(3,971	)
Old National Bank:
Capital lease obligation		3,995			4,092
Total other borrowings	$	219,167		$	218,939

Contractual Maturities of Other Borrowings

Contractual maturities of other borrowings at June 30, 2017 were as follows:

(dollars in thousands)
Due in 2017	$	99
Due in 2018		79
Due in 2019		85
Due in 2020		91
Due in 2021		99
Thereafter		223,542
Unamortized debt issuance costs and other basis adjustments		(4,828	)
Total	$	219,167

Future Minimum Lease Payments under Capital Lease Arrangements

At June 30, 2017, the future minimum lease payments under the capital lease arrangements were as follows:

(dollars in thousands)
2017 remaining	$	267
2018		410
2019		430
2020		430
2021		430
Thereafter		7,976
Total minimum lease payments		9,943
Less amounts representing interest		(5,948	)
Present value of net minimum lease payments	$	3,995