XML 32 R15.htm IDEA: XBRL DOCUMENT v3.25.0.1
Premises and Equipment
 12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Premises and Equipment PREMISES AND EQUIPMENT
The composition of premises and equipment was as follows:
December 31,
(dollars in thousands)20242023
Land$96,798 $91,568 
Buildings491,553 453,234 
Furniture, fixtures, and equipment158,529 148,134 
Leasehold improvements97,260 85,187 
Total844,140 778,123 
Accumulated depreciation(255,170)(212,727)
Premises and equipment, net$588,970 $565,396 
Depreciation expense was $38.1 million in 2024, $38.2 million in 2023, and $36.4 million in 2022.
Finance Leases
Old National leases certain banking center buildings and equipment under finance leases that are included in premises and equipment. See Notes 6 and 13 to the consolidated financial statements for detail regarding these leases.