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Parent Company Financial Statements (Tables) | 12 Months Ended
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Dec. 31, 2021
Condensed Financial Information Disclosure [Abstract] |
Condensed Balance Sheets | The following are the condensed parent company only financial statements of Old National:
OLD NATIONAL BANCORP (PARENT COMPANY ONLY) CONDENSED BALANCE SHEETS |  |  |
| December 31,
(dollars in thousands) | 2021 |  | 2020
Assets |  |  |
Deposits in affiliate bank | $ | 102,953 |  |  | $ | 73,340 |
Equity securities | 3,257 |  |  | 2,435 |
Investment securities - available-for-sale | 13,888 |  |  | 14,198 |
Investment in affiliates: |  |  |
Banking subsidiaries | 3,053,575 |  |  | 3,037,930 |
Non-banks | 4,949 |  |  | 4,969 |
Other assets | 83,531 |  |  | 89,776 |
Total assets | $ | 3,262,153 |  |  | $ | 3,222,648 |
Liabilities and Shareholders' Equity |  |  |
Other liabilities | $ | 36,582 |  |  | $ | 36,746 |
Other borrowings | 213,553 |  |  | 213,246 |
Shareholders' equity | 3,012,018 |  |  | 2,972,656 |
Total liabilities and shareholders' equity | $ | 3,262,153 |  |  | $ | 3,222,648 |
Condensed Statements of Income |
OLD NATIONAL BANCORP (PARENT COMPANY ONLY) CONDENSED STATEMENTS OF INCOME |  |  |  |  |
| Years Ended December 31,
(dollars in thousands) | 2021 |  | 2020 |  | 2019
Income |  |  |  |  |
Dividends from affiliates | $ | 125,000 |  |  | $ | 230,000 |  |  | $ | 165,000 |
Debt securities gains (losses), net | 334 |  |  | 574 |  |  | 631 |
Other income | 3,030 |  |  | 3,622 |  |  | 2,209 |
Other income from affiliates | 5 |  |  | 5 |  |  | 5 |
Total income | 128,369 |  |  | 234,201 |  |  | 167,845 |
Expense |  |  |  |  |
Interest on borrowings | 8,285 |  |  | 8,649 |  |  | 10,203 |
Other expenses | 13,951 |  |  | 16,351 |  |  | 15,505 |
Total expense | 22,236 |  |  | 25,000 |  |  | 25,708 |
Income before income taxes and equity in undistributed earnings of affiliates | 106,133 |  |  | 209,201 |  |  | 142,137 |
Income tax expense (benefit) | (5,113) |  |  | (5,317) |  |  | (6,165) |
Income before equity in undistributed earnings of affiliates | 111,246 |  |  | 214,518 |  |  | 148,302 |
Equity in undistributed earnings of affiliates | 166,292 |  |  | 11,891 |  |  | 89,904 |
Net income | $ | 277,538 |  |  | $ | 226,409 |  |  | $ | 238,206 |
Condensed Statement of Cash Flows |
OLD NATIONAL BANCORP (PARENT COMPANY ONLY) CONDENSED STATEMENT OF CASH FLOWS |  |  |  |  |
| Years Ended December 31,
(dollars in thousands) | 2021 |  | 2020 |  | 2019
Cash Flows From Operating Activities |  |  |  |  |
Net income | $ | 277,538 |  |  | $ | 226,409 |  |  | $ | 238,206 |
Adjustments to reconcile net income to cash provided by operating activities: |  |  |  |  |
Depreciation | 30 |  |  | 46 |  |  | 52 |
Debt securities (gains) losses, net | (334) |  |  | (574) |  |  | (631) |
Share-based compensation expense | 7,497 |  |  | 7,707 |  |  | 7,993 |
(Increase) decrease in other assets | 10,547 |  |  | (51) |  |  | (3,685) |
Increase (decrease) in other liabilities | (4,918) |  |  | 1,084 |  |  | 1,046 |
Equity in undistributed earnings of affiliates | (166,292) |  |  | (11,891) |  |  | (89,904) |
Net cash flows provided by (used in) operating activities | 124,068 |  |  | 222,730 |  |  | 153,077 |
Cash Flows From Investing Activities |  |  |  |  |
Proceeds from dissolution of subsidiary | — |  |  | — |  |  | 224 |
Proceeds from sales of investment securities | 1,000 |  |  | — |  |  | — |
Proceeds from sales of equity securities | 540 |  |  | 4,431 |  |  | 130 |
Purchases of investment securities | (15) |  |  | (10,073) |  |  | (3,085) |
Proceeds from sales of premises and equipment | — |  |  | 354 |  |  | 847 |
Purchases of premises and equipment | (3) |  |  | (354) |  |  | (869) |
Net cash flows provided by (used in) investing activities | 1,522 |  |  | (5,642) |  |  | (2,753) |
Cash Flows From Financing Activities |  |  |  |  |
Payments for maturities/redemptions of other borrowings | — |  |  | (10,310) |  |  | (8,000) |
Cash dividends paid on common stock | (92,829) |  |  | (92,946) |  |  | (89,474) |
Common stock repurchased | (3,731) |  |  | (82,358) |  |  | (102,413) |
Proceeds from exercise of stock options | — |  |  | — |  |  | 280 |
Common stock issued | 583 |  |  | 577 |  |  | 567 |
Net cash flows provided by (used in) financing activities | (95,977) |  |  | (185,037) |  |  | (199,040) |
Net increase (decrease) in cash and cash equivalents | 29,613 |  |  | 32,051 |  |  | (48,716) |
Cash and cash equivalents at beginning of period | 73,340 |  |  | 41,289 |  |  | 90,005 |
Cash and cash equivalents at end of period | $ | 102,953 |  |  | $ | 73,340 |  |  | $ | 41,289 |

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