XML 25 R15.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Premises and Equipment | 9 Months Ended
--- | ---
Sep. 30, 2022
Property, Plant and Equipment [Abstract] |
Premises and Equipment | PREMISES AND EQUIPMENT The composition of premises and equipment was as follows:
(dollars in thousands) | September 30, 2022 |  | December 31, 2021
Land | $ | 97,194 |  |  | $ | 71,014 |
Buildings | 450,957 |  |  | 394,400 |
Furniture, fixtures, and equipment | 154,945 |  |  | 118,124 |
Leasehold improvements | 62,400 |  |  | 46,330 |
Total | 765,496 |  |  | 629,868 |
Accumulated depreciation | (177,475) |  |  | (153,682) |
Premises and equipment, net | $ | 588,021 |  |  | $ | 476,186 |
The increase in premises and equipment at September 30, 2022 when compared to December 31, 2021 was primarily due to assets acquired in the merger with First Midwest totaling $111.9 million. Depreciation expense was $9.2 million for the three months ended September 30, 2022 and $26.9 million for the nine months ended September 30, 2022, compared to $6.5 million for the three months ended September 30, 2021 and $20.6 million for the nine months ended September 30, 2021. Finance Leases Old National leases certain banking center buildings and equipment under finance leases that are included in premises and equipment. See Notes 8 and 14 to the consolidated financial statements for detail regarding these leases.

X
- References No definition available. + Details
Name: | us-gaap_PropertyPlantAndEquipmentAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=126982197&loc=d3e99893-112916 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI https://asc.fasb.org/topic&trid=2155823 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 7 -URI https://asc.fasb.org/extlink&oid=126982197&loc=SL120174063-112916 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 1 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126982197&loc=d3e99779-112916 + Details
Name: | us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration