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Securities Sold Under Agreements to Repurchase
 12 Months Ended
Dec. 31, 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 for each of the years ended December 31:
(dollars in thousands)20222021
Outstanding at year-end$432,804 $392,275 
Average amount outstanding440,619 392,777 
Maximum amount outstanding at any month-end509,275 405,278 
Weighted-average interest rate:
During year0.19 %0.10 %
End of year1.31 0.10 
The following table presents the contractual maturity of our secured borrowings and class of collateral pledged:
At December 31, 2022
Remaining Contractual Maturity of the Agreements
(dollars in thousands)Overnight and
Continuous		Up to
30 Days		30-90 DaysGreater Than
90 days		Total
Repurchase Agreements:
U.S. Treasury and agency securities$432,804 $— $— $— $432,804 
Total$432,804 $— $— $— $432,804 
The fair value of securities pledged to secure repurchase agreements may decline.  Old National has pledged securities valued at 110% of the gross outstanding balance of repurchase agreements at December 31, 2022 to manage this risk.