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Basis of Presentation and Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2022
Accounting Policies [Abstract]  
Summary of Supplemental Cash Flow Information
The following table summarizes supplemental cash flow information:
Years Ended December 31,
(dollars in thousands)202220212020
Cash payments:
Interest$118,165 $42,196 $70,043 
Income taxes, net of refunds66,109 31,875 24,436 
Noncash Investing and Financing Activities:
Securities transferred from available-for-sale to held-to-maturity2,986,736 — — 
Transfer of premises and equipment to assets held for sale7,905 9,539 16,661 
Operating lease right-of-use assets obtained in exchange for lease obligations28,265 776 (116)
Finance lease right-of-use assets obtained in exchange for lease obligations(966)7,477 5,225 
There were 129.4 million shares of Common Stock issued in conjunction with the merger with First Midwest in February of 2022 totaling $2.4 billion in shareholders’ equity. In addition, Old National issued 108,000 shares of Old National Series A Preferred Stock and 122,500 shares of Old National Series C Preferred Stock totaling $243.7 million in shareholders’ equity.