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Securities Sold Under Agreements to Repurchase
9 Months Ended
Sep. 30, 2024
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:
At or for the Nine Months
Ended September 30,
(dollars in thousands)20242023
Outstanding at period end$244,626 $279,061 
Average amount outstanding during the period261,818 351,362 
Maximum amount outstanding at any month-end during the period319,423 430,537 
Weighted-average interest rate:
During the period1.11 %0.91 %
At period end1.09 %1.35 %
At December 31, 2023, securities sold under agreements to repurchase totaled $285.2 million with a weighted-average interest rate of 3.64%.
The following table presents the contractual maturity of our secured borrowings and class of collateral pledged:
 At September 30, 2024
 Remaining Contractual Maturity of the Agreements
(dollars in thousands)Overnight and ContinuousUp to
30 Days
 30-90 DaysGreater Than 90 daysTotal
Repurchase Agreements:     
U.S. Treasury and agency securities$244,626 $ $ $ $244,626 
Total$244,626 $ $ $ $244,626