XML 40 R30.htm IDEA: XBRL DOCUMENT
v3.23.1

Leases (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2023
Leases [Abstract] |
Schedule of Components of Lease Expense | The components of lease expense were as follows:
| Affected Line Item in the Statement of Income |  | Three Months Ended March 31, |  |
(dollars in thousands) |  | 2023 |  | 2022 |  |  |  |
Operating lease cost | Occupancy/Equipment expense |  | $ | 8,638 |  |  | $ | 5,108 |  |  |  |  |
Finance lease cost: |  |  |  |  |  |  |  |  |
Amortization of right-of-use assets | Occupancy expense |  | 691 |  |  | 675 |  |  |  |  |
Interest on lease liabilities | Interest expense |  | 169 |  |  | 107 |  |  |  |  |
Sub-lease income | Occupancy expense |  | (60) |  |  | (128) |  |  |  |  |
Total |  |  | $ | 9,438 |  |  | $ | 5,762 |  |  |  |  |
Schedule of Supplemental Balance Sheet Information Related to Leases | Supplemental balance sheet information related to leases was as follows:
(dollars in thousands) | March 31, 2023 |  | December 31, 2022
Operating Leases |  |  |
Operating lease right-of-use assets | $ | 183,687 |  |  | $ | 189,714 |
Operating lease liabilities | 205,249 |  |  | 211,964 |
Finance Leases |  |  |
Premises and equipment, net | 21,173 |  |  | 10,799 |
Other borrowings | 21,983 |  |  | 13,469 |
Weighted-Average Remaining Lease Term (in Years) |  |  |
Operating leases | 8.9 |  | 9.1
Finance leases | 10.6 |  | 7.2
Weighted-Average Discount Rate |  |  |
Operating leases | 2.90 | % |  | 2.88 | %
Finance leases | 3.82 | % |  | 3.30 | %
Schedule of Supplemental Cash Flow Information Related to Leases | Supplemental cash flow information related to leases was as follows:
| Three Months Ended March 31,
(dollars in thousands) | 2023 |  | 2022
Cash paid for amounts included in the measurement of lease liabilities: |  |  |
Operating cash flows from operating leases | $ | 7,932 |  |  | $ | 5,341 |
Operating cash flows from finance leases | 169 |  |  | 107 |
Financing cash flows from finance leases | 628 |  |  | 616 |
Schedule of Maturity Analysis of Lease Liability by Lease Classification | The following table presents a maturity analysis of the Company’s lease liability by lease classification at March 31, 2023:
(dollars in thousands) | Operating Leases |  | Finance Leases
2023 | $ | 22,933 |  |  | $ | 2,432 |
2024 | 29,819 |  |  | 3,278 |
2025 | 28,513 |  |  | 3,301 |
2026 | 27,600 |  |  | 2,075 |
2027 | 26,668 |  |  | 2,078 |
Thereafter | 98,709 |  |  | 13,964 |
Total undiscounted lease payments | 234,242 |  |  | 27,128 |
Amounts representing interest | (28,993) |  |  | (5,145) |
Lease liability | $ | 205,249 |  |  | $ | 21,983 |

X
- Definition Schedule of maturities of operating and finance leases liabilities. + References No definition available. + Details
Name: | onb_ScheduleOfMaturitiesOfOperatingAndFinanceLeasesLiabilitiesTableTextBlock
Namespace Prefix: | onb_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of supplemental balance sheet information related to leases. + References No definition available. + Details
Name: | onb_ScheduleOfSupplementalBalanceSheetInformationRelatedToLeasesTableTextBlock
Namespace Prefix: | onb_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of supplemental cash flow information related to leases. + References No definition available. + Details
Name: | onb_ScheduleOfSupplementalCashFlowInformationRelatedToLeasesTableTextBlock
Namespace Prefix: | onb_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918686-209980 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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