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Parent Company Financial Statements (Tables) | 12 Months Ended
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Dec. 31, 2020
Condensed Financial Information Disclosure [Abstract] |
Condensed Balance Sheets |
OLD NATIONAL BANCORP (PARENT COMPANY ONLY) CONDENSED BALANCE SHEETS |  |  |
| December 31,
(dollars in thousands) | 2020 |  | 2019
Assets |  |  |
Deposits in affiliate bank | $ | 73,340 |  |  | $ | 41,289 |
Equity securities | 2,435 |  |  | 6,724 |
Investment securities - available-for-sale | 14,198 |  |  | 4,018 |
Investment in affiliates: |  |  |
Banking subsidiaries | 3,037,930 |  |  | 2,966,575 |
Non-banks | 4,969 |  |  | 4,885 |
Other assets | 89,776 |  |  | 89,093 |
Total assets | $ | 3,222,648 |  |  | $ | 3,112,584 |
Liabilities and Shareholders' Equity |  |  |
Other liabilities | $ | 36,746 |  |  | $ | 36,369 |
Other borrowings | 213,246 |  |  | 223,762 |
Shareholders' equity | 2,972,656 |  |  | 2,852,453 |
Total liabilities and shareholders' equity | $ | 3,222,648 |  |  | $ | 3,112,584 |
Condensed Statements of Income |
OLD NATIONAL BANCORP (PARENT COMPANY ONLY) CONDENSED STATEMENTS OF INCOME |  |  |  |  |
| Years Ended December 31,
(dollars in thousands) | 2020 |  | 2019 |  | 2018
Income |  |  |  |  |
Dividends from affiliates | $ | 230,000 |  |  | $ | 165,000 |  |  | $ | 105,000 |
Debt securities gains (losses), net | 574 |  |  | 631 |  |  | 49 |
Other income | 3,622 |  |  | 2,209 |  |  | 2,126 |
Other income from affiliates | 5 |  |  | 5 |  |  | 5 |
Total income | 234,201 |  |  | 167,845 |  |  | 107,180 |
Expense |  |  |  |  |
Interest on borrowings | 8,649 |  |  | 10,203 |  |  | 10,425 |
Other expenses | 16,351 |  |  | 15,505 |  |  | 21,936 |
Total expense | 25,000 |  |  | 25,708 |  |  | 32,361 |
Income before income taxes and equity in undistributed earnings of affiliates | 209,201 |  |  | 142,137 |  |  | 74,819 |
Income tax expense (benefit) | (5,317) |  |  | (6,165) |  |  | (5,693) |
Income before equity in undistributed earnings of affiliates | 214,518 |  |  | 148,302 |  |  | 80,512 |
Equity in undistributed earnings of affiliates | 11,891 |  |  | 89,904 |  |  | 110,318 |
Net income | $ | 226,409 |  |  | $ | 238,206 |  |  | $ | 190,830 |
Condensed Statement of Cash Flows |
OLD NATIONAL BANCORP (PARENT COMPANY ONLY) CONDENSED STATEMENT OF CASH FLOWS |  |  |  |  |
| Years Ended December 31,
(dollars in thousands) | 2020 |  | 2019 |  | 2018
Cash Flows From Operating Activities |  |  |  |  |
Net income | $ | 226,409 |  |  | $ | 238,206 |  |  | $ | 190,830 |
Adjustments to reconcile net income to cash provided by operating activities: |  |  |  |  |
Depreciation | 46 |  |  | 52 |  |  | 53 |
Debt securities (gains) losses, net | (574) |  |  | (631) |  |  | (49) |
Share-based compensation expense | 7,707 |  |  | 7,993 |  |  | 8,118 |
(Increase) decrease in other assets | (51) |  |  | (3,685) |  |  | 28,754 |
Increase (decrease) in other liabilities | 1,084 |  |  | 1,046 |  |  | 3,147 |
Equity in undistributed earnings of affiliates | (11,891) |  |  | (89,904) |  |  | (110,318) |
Net cash flows provided by (used in) operating activities | 222,730 |  |  | 153,077 |  |  | 120,535 |
Cash Flows From Investing Activities |  |  |  |  |
Net cash and cash equivalents of acquisitions | — |  |  | — |  |  | 8,281 |
Proceeds from dissolution of subsidiary | — |  |  | 224 |  |  | — |
Proceeds from sales of equity securities | 4,431 |  |  | 130 |  |  | 128 |
Purchases of investment securities | (10,073) |  |  | (3,085) |  |  | (76) |
Proceeds from sales of premises and equipment | 354 |  |  | 847 |  |  | 1,065 |
Purchases of premises and equipment | (354) |  |  | (869) |  |  | (945) |
Net cash flows provided by (used in) investing activities | (5,642) |  |  | (2,753) |  |  | 8,453 |
Cash Flows From Financing Activities |  |  |  |  |
Payments for maturities/redemptions of other borrowings | (10,310) |  |  | (8,000) |  |  | — |
Cash dividends paid on common stock | (92,946) |  |  | (89,474) |  |  | (82,161) |
Common stock repurchased | (82,358) |  |  | (102,413) |  |  | (1,805) |
Proceeds from exercise of stock options | — |  |  | 280 |  |  | 948 |
Common stock issued | 577 |  |  | 567 |  |  | 497 |
Net cash flows provided by (used in) financing activities | (185,037) |  |  | (199,040) |  |  | (82,521) |
Net increase (decrease) in cash and cash equivalents | 32,051 |  |  | (48,716) |  |  | 46,467 |
Cash and cash equivalents at beginning of period | 41,289 |  |  | 90,005 |  |  | 43,538 |
Cash and cash equivalents at end of period | $ | 73,340 |  |  | $ | 41,289 |  |  | $ | 90,005 |

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