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Securities Sold Under Agreements to Repurchase
 6 Months Ended
Jun. 30, 2022
Securities Sold under Agreements to Repurchase [Abstract]  
Securities Sold Under Agreements to Repurchase SECURITIES SOLD UNDER AGREEMENTS TO REPURCHASE
Securities sold under agreements to repurchase are secured borrowings.  Old National pledges investment securities to secure these borrowings. The following table presents securities sold under agreements to repurchase and related weighted-average interest rates:
At or for the
Six Months
Ended
June 30,
2022
At
December 31,
2021
At or for the
Six Months
Ended
June 30,
2021
(dollars in thousands)
Outstanding at period end$476,173 $392,275 $396,129 
Average amount outstanding during the period458,459 N/A402,478 
Maximum amount outstanding at any month-end during the period509,275 N/A405,278 
Weighted-average interest rate:
During the period0.08 %N/A0.11 %
At period end0.08 %0.10 %0.09 %
The following table presents the contractual maturity of our secured borrowings and class of collateral pledged:
 At June 30, 2022
 Remaining Contractual Maturity of the Agreements
(dollars in thousands)Overnight and ContinuousUp to
30 Days		 30-90 DaysGreater Than 90 daysTotal
Repurchase Agreements:     
U.S. Treasury and agency securities$475,992 $— $181 $— $476,173 
Total$475,992 $— $181 $— $476,173 
The fair value of securities pledged to secure repurchase agreements may decline.  Old National has pledged securities valued at 115% of the gross outstanding balance of repurchase agreements at June 30, 2022 to manage this risk.