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Federal Home Loan Bank Advances (Tables)
3 Months Ended
Mar. 31, 2024
Federal Home Loan Banks [Abstract]  
Summary of FHLB Advances
The following table summarizes Old National Bank’s FHLB advances:
(dollars in thousands)March 31,
2024
December 31,
2023
FHLB advances (fixed rates 2.19% to 5.53%
   and variable rates 5.33% to 5.36%) maturing
   June 2024 to March 2044
$4,225,528 $4,300,528 
Fair value hedge basis adjustments and unamortized
   prepayment fees
(32,489)(19,847)
Total$4,193,039 $4,280,681 
Summary of Contractual Maturities of FHLB Advances
Contractual maturities of FHLB advances at March 31, 2024 were as follows:
(dollars in thousands) 
Due in 2024$100,243 
Due in 2025550,285 
Due in 2026100,000 
Due in 2028850,000 
Thereafter2,625,000 
Fair value hedge basis adjustments and unamortized prepayment fees(32,489)
Total$4,193,039