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Federal Home Loan Bank Advances (Tables)
6 Months Ended
Jun. 30, 2024
Federal Home Loan Banks [Abstract]  
Summary of FHLB Advances
The following table summarizes Old National Bank’s FHLB advances:
(dollars in thousands)June 30,
2024
December 31,
2023
FHLB advances (fixed rates 2.19% to 5.55%
   and variable rates 5.33% to 5.48%) maturing
   September 2024 to March 2044
$4,775,528 $4,300,528 
Fair value hedge basis adjustments and unamortized
   prepayment fees
(30,968)(19,847)
Total$4,744,560 $4,280,681 
Summary of Contractual Maturities of FHLB Advances
Contractual maturities of FHLB advances at June 30, 2024 were as follows:
(dollars in thousands) 
Due in 2024$450,243 
Due in 2025550,285 
Due in 2026100,000 
Due in 2028650,000 
Thereafter3,025,000 
Fair value hedge basis adjustments and unamortized prepayment fees(30,968)
Total$4,744,560