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Other Borrowings (Tables)

12 Months Ended

Dec. 31, 2021

Debt Disclosure [Abstract]

Schedule of Other Borrowings and Debentures

The following table summarizes Old National’s other borrowings:

			December 31,
(dollars in thousands)			2021						2020
Old National Bancorp:
Senior unsecured notes (fixed rate 4.125%)    maturing August 2024			$	175,000					$	175,000
Unamortized debt issuance costs related    to senior unsecured notes			(403)						(559)
Junior subordinated debentures (variable rates    of 1.72% to 1.97%) maturing March 2035    to June 2037			42,000						42,000
Other basis adjustments			(3,044)						(3,195)
Old National Bank:
Finance lease liabilities			17,233						11,813
Subordinated debentures (variable rate 4.49%)			12,000						12,000
Leveraged loans for NMTC (fixed rates of    1.00% to 1.43%) maturing December    2046 to December 2052			51,045						15,300
Other			2,839						428
Total other borrowings			$	296,670					$	252,787

The following table summarizes the terms of our outstanding junior subordinated debentures as of December 31, 2021:

(dollars in thousands) Name of Trust			Issuance Date						Issuance Amount						Rate			Rate at December 31, 2021						Maturity Date
St. Joseph Capital Trust II			March 2005						$	5,000					3-month LIBOR plus 1.75%			1.97		%				March 17, 2035
Anchor Capital Trust III			August 2005						5,000						3-month LIBOR plus 1.55%			1.77		%				September 30, 2035
Home Federal Statutory    Trust I			September 2006						15,000						3-month LIBOR plus 1.65%			1.85		%				September 15, 2036
Monroe Bancorp Capital    Trust I			July 2006						3,000						3-month LIBOR plus 1.60%			1.72		%				October 7, 2036
Tower Capital Trust 3			December 2006						9,000						3-month LIBOR plus 1.69%			1.86		%				March 1, 2037
Monroe Bancorp Statutory    Trust II			March 2007						5,000						3-month LIBOR plus 1.60%			1.80		%				June 15, 2037
Total									$	42,000

Schedule of Maturities of Long-term Debt

Contractual maturities of other borrowings at December 31, 2021 were as follows:

(dollars in thousands)
Due in 2022			$	2,497
Due in 2023			2,582
Due in 2024			177,649
Due in 2025			2,686
Due in 2026			1,495
Thereafter			110,369
Unamortized debt issuance costs and other basis adjustments			(608)
Total			$	296,670

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