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Loans and Allowance for Credit Losses (Tables)
 12 Months Ended
Dec. 31, 2025
Receivables [Abstract]  
Schedule of Composition of Loans and Impact of Adoption The portfolio segment reclassifications follow:
Balance Sheet
Line Item		Portfolio
Segment
Reclassifications		Portfolio
Segment After
Reclassifications
(dollars in thousands)
December 31, 2025
Commercial (1)
$14,983,861 $(220,410)$14,763,451 
Commercial real estate22,050,007 (175,670)21,874,337 
BBCCN/A396,080 396,080 
Residential real estate8,467,496 — 8,467,496 
Consumer3,262,798 (3,262,798)N/A
IndirectN/A1,075,235 1,075,235 
DirectN/A649,297 649,297 
Home equityN/A1,538,266 1,538,266 
Total loans (2)
48,764,162 — 48,764,162 
Allowance for credit losses on loans(569,520)— (569,520)
Net loans$48,194,642 $— $48,194,642 
December 31, 2024
Commercial (1)
$10,288,560 $(232,301)$10,056,259 
Commercial real estate16,307,486 (174,438)16,133,048 
BBCCN/A406,739 406,739 
Residential real estate6,797,586 — 6,797,586 
Consumer2,892,255 (2,892,255)N/A
IndirectN/A1,096,778 1,096,778 
DirectN/A514,144 514,144 
Home equityN/A1,281,333 1,281,333 
Total loans (2)
36,285,887 — 36,285,887 
Allowance for credit losses on loans(392,522)— (392,522)
Net loans$35,893,365 $— $35,893,365 
(1)    Includes direct finance leases of $75.1 million at December 31, 2025 and $120.6 million at December 31, 2024.
(2)    Includes unamortized premiums and discounts, and unamortized deferred fees and costs of $540.1 million at December 31, 2025 and $163.3 million at December 31, 2024.
Schedule of Activity in Allowance for Loan Losses Old National’s activity in the allowance for credit losses on loans by portfolio segment was as follows:
(dollars in thousands)Balance at
Beginning of
Period		Allowance
Established
for Acquired
PCD Loans		Charge-offsRecoveriesProvision
(Release)
for Loan
Losses		Balance at
End of
Period
Year Ended
December 31, 2025
Commercial$148,722 $37,158 $(63,352)$4,547 $117,595 $244,670 
Commercial real estate200,309 66,049 (43,647)2,717 42,904 268,332 
BBCC2,813 — (2,150)611 1,097 2,371 
Residential real estate22,922 148 (570)505 11,389 34,394 
Indirect8,434 6 (7,450)2,583 4,448 8,021 
Direct2,304 47 (7,597)2,525 5,199 2,478 
Home equity7,018 138 (261)1,249 1,110 9,254 
Total$392,522 $103,546 $(125,027)$14,737 $183,742 $569,520 
Year Ended
December 31, 2024
Commercial$118,333 $17,838 $(36,172)$1,623 $47,100 $148,722 
Commercial real estate155,099 8,041 (18,565)2,713 53,021 200,309 
BBCC2,887 — (1,801)325 1,402 2,813 
Residential real estate20,837 134 (14)883 1,082 22,922 
Indirect1,236 — (5,610)1,274 11,534 8,434 
Direct3,169 59 (8,672)2,152 5,596 2,304 
Home equity6,049 653 (470)330 456 7,018 
Total$307,610 $26,725 $(71,304)$9,300 $120,191 $392,522 
Year Ended
December 31, 2023
Commercial$120,612 $— $(41,451)$4,172 $35,000 $118,333 
Commercial real estate138,244 — (11,198)2,417 25,636 155,099 
BBCC2,431 — (1,650)275 1,831 2,887 
Residential real estate21,916 — (256)1,268 (2,091)20,837 
Indirect1,532 — (2,948)1,559 1,093 1,236 
Direct12,116 — (10,517)2,331 (761)3,169 
Home equity6,820 — (443)531 (859)6,049 
Total$303,671 $— $(68,463)$12,553 $59,849 $307,610 
Old National’s activity in the allowance for credit losses on unfunded loan commitments was as follows:
Years Ended December 31,
(dollars in thousands)202520242023
Balance at beginning of period$21,654 $31,226 $32,188 
Provision for credit losses on unfunded loan commitments
   acquired during the period		6,458 1,763 — 
Provision (release) for credit losses on unfunded loan
   commitments		7,521 (11,335)(962)
Balance at end of period$35,633 $21,654 $31,226 
Schedule of Risk Category of Commercial and Commercial Real Estate Loans
The following table summarizes the amortized cost of term loans by risk category of commercial, commercial real estate, and BBCC loans by class of loan and origination year:
Origination YearRevolving to Term
(dollars in
thousands)		20252024202320222021PriorRevolvingTotal
December 31, 2025
Commercial:
Pass$3,073,330 $1,895,772 $1,186,468 $1,064,904 $619,076 $1,567,563 $3,458,502 $774,686 $13,640,301 
Special Mention23,368 84,827 88,803 18,830 7,878 8,161 82,334 14,990 329,191 
Classified:
Substandard16,253 89,293 113,232 62,649 68,265 56,616 129,209 85,729 621,246 
Nonaccrual140 1,617 6,003 7,053 1,001 654 8,659 1,944 27,071 
Doubtful— 7,337 34,925 27,218 2,409 24,547 — 49,206 145,642 
Total$3,113,091 $2,078,846 $1,429,431 $1,180,654 $698,629 $1,657,541 $3,678,704 $926,555 $14,763,451 
Commercial real estate:
Pass$3,746,158 $2,363,809 $2,510,901 $3,325,135 $1,945,116 $5,082,931 $169,450 $886,279 $20,029,779 
Special Mention12,351 20,695 85,266 97,148 102,821 107,590 16,239 24,962 467,072 
Classified:
Substandard14,773 34,761 184,806 294,789 116,261 321,725 45,692 120,284 1,133,091 
Nonaccrual— 4,721 1,282 6,905 5,442 24,308 — 23,642 66,300 
Doubtful— 3,120 23,039 38,716 22,966 60,503 — 29,751 178,095 
Total$3,773,282 $2,427,106 $2,805,294 $3,762,693 $2,192,606 $5,597,057 $231,381 $1,084,918 $21,874,337 
BBCC:
Pass$57,344 $53,469 $50,466 $35,366 $20,106 $75,805 $65,971 $20,036 $378,563 
Special Mention— 663 834 512 535 1,490 2,281 3,323 9,638 
Classified:
Substandard86 191 474 304 26 724 203 2,877 4,885 
Nonaccrual50 — 60 98 359 345 — 1,115 2,027 
Doubtful— — 463 205 — 31 — 268 967 
Total$57,480 $54,323 $52,297 $36,485 $21,026 $78,395 $68,455 $27,619 $396,080 
Origination YearRevolving to Term
(dollars in thousands)20242023202220212020PriorRevolvingTotal
December 31, 2024
Commercial:
Pass$1,852,046 $1,267,721 $1,145,488 $699,429 $450,332 $624,522 $2,577,941 $593,232 $9,210,711 
Special Mention46,935 102,372 32,250 40,221 21,538 20,535 80,625 28,978 373,454 
Classified:
Substandard27,139 49,340 77,835 35,036 19,307 25,503 78,210 40,217 352,587 
Nonaccrual2,221 1,072 4,199 1,530 604 1,357 719 829 12,531 
Doubtful3,419 20,145 27,016 1,774 5,451 1,494 15,405 32,272 106,976 
Total$1,931,760 $1,440,650 $1,286,788 $777,990 $497,232 $673,411 $2,752,900 $695,528 $10,056,259 
Commercial real estate:
Pass$2,196,306 $2,555,236 $3,825,305 $2,065,037 $1,362,703 $1,641,611 $122,708 $891,682 $14,660,588 
Special Mention72,020 31,203 158,254 48,524 37,693 64,357 — 111,900 523,951 
Classified:
Substandard47,079 55,923 249,269 102,913 39,466 142,110 996 76,897 714,653 
Nonaccrual3,693 411 3,579 15,922 1,930 3,231 — 118 28,884 
Doubtful7,787 9,689 16,501 37,455 22,817 59,879 — 50,844 204,972 
Total$2,326,885 $2,652,462 $4,252,908 $2,269,851 $1,464,609 $1,911,188 $123,704 $1,131,441 $16,133,048 
BBCC:
Pass$79,760 $78,420 $55,687 $33,857 $30,215 $22,797 $67,668 $16,265 $384,669 
Special Mention1,579 1,067 807 917 21 224 3,582 3,028 11,225 
Classified:
Substandard468 976 56 136 598 308 755 2,876 6,173 
Nonaccrual— 114 312 177 63 119 — 551 1,336 
Doubtful— 397 841 350 15 845 — 888 3,336 
Total$81,807 $80,974 $57,703 $35,437 $30,912 $24,293 $72,005 $23,608 $406,739 
For residential real estate and consumer loan classes, Old National evaluates credit quality based on the aging status of the loan and by payment activity. The performing or nonperforming status is updated on an on-going basis dependent upon improvement and deterioration in credit quality. The following table presents the amortized cost of term residential real estate and consumer loans based on payment activity and origination year:
Origination YearRevolving to Term
(dollars in thousands)20252024202320222021PriorRevolvingTotal
December 31, 2025
Residential real estate:
Performing$955,730 $539,011 $584,626 $1,668,796 $1,960,186 $2,684,743 $— $598 $8,393,690 
Nonperforming1,639 5,684 10,409 17,917 5,328 32,829 — — 73,806 
Total$957,369 $544,695 $595,035 $1,686,713 $1,965,514 $2,717,572 $— $598 $8,467,496 
Indirect:
Performing$417,924 $296,068 $170,873 $124,182 $42,664 $17,567 $155 $— $1,069,433 
Nonperforming574 1,299 1,747 1,332 638 212 — — 5,802 
Total$418,498 $297,367 $172,620 $125,514 $43,302 $17,779 $155 $— $1,075,235 
Direct:
Performing$72,393 $54,308 $49,357 $53,343 $41,664 $132,876 $236,832 $4,193 $644,966 
Nonperforming43 404 435 402 345 2,691 — 11 4,331 
Total$72,436 $54,712 $49,792 $53,745 $42,009 $135,567 $236,832 $4,204 $649,297 
Home equity:
Performing$11 $71 $395 $1,227 $651 $16,913 $1,443,256 $58,538 $1,521,062 
Nonperforming42 40 45 938 95 3,359 546 12,139 17,204 
Total$53 $111 $440 $2,165 $746 $20,272 $1,443,802 $70,677 $1,538,266 
Origination YearRevolving to Term
20242023202220212020PriorRevolvingTotal
December 31, 2024
Residential real estate:
Performing$509,704 $476,698 $1,455,085 $1,662,195 $1,574,961 $1,058,175 $43 $271 $6,737,132 
Nonperforming480 5,060 11,210 6,298 5,208 32,198 — — 60,454 
Total$510,184 $481,758 $1,466,295 $1,668,493 $1,580,169 $1,090,373 $43 $271 $6,797,586 
Indirect:
Performing$438,835 $279,910 $227,691 $92,223 $37,937 $14,810 $— $— $1,091,406 
Nonperforming714 1,147 1,498 1,378 373 262 — — 5,372 
Total$439,549 $281,057 $229,189 $93,601 $38,310 $15,072 $— $— $1,096,778 
Direct:
Performing$83,773 $72,838 $66,563 $61,317 $34,159 $80,188 $108,572 $3,327 $510,737 
Nonperforming96 313 365 352 468 1,730 1 82 3,407 
Total$83,869 $73,151 $66,928 $61,669 $34,627 $81,918 $108,573 $3,409 $514,144 
Home equity:
Performing$— $— $259 $210 $1,135 $11,005 $1,216,226 $31,787 $1,260,622 
Nonperforming— — 1,278 91 209 4,920 2,594 11,619 20,711 
Total$— $— $1,537 $301 $1,344 $15,925 $1,218,820 $43,406 $1,281,333 
The following table summarizes the gross charge-offs of loans by loan portfolio segment and origination year:
Origination Year
(dollars in thousands)20252024202320222021PriorRevolvingTotal
Year Ended December 31, 2025
Commercial$820 $14,445 $9,200 $24,252 $2,873 $11,762 $— $63,352 
Commercial real estate— — 3,787 3,347 18,799 17,714 — 43,647 
BBCC— 146 1,036 194 23 751 — 2,150 
Residential real estate— — — 268 — 302 — 570 
Indirect609 2,456 2,265 1,277 597 246 — 7,450 
Direct276 578 748 1,378 1,242 2,660 715 7,597 
Home equity— — — 101 — 160 — 261 
Total gross charge-offs$1,705 $17,625 $17,036 $30,817 $23,534 $33,595 $715 $125,027 
Origination Year
20242023202220212020PriorRevolvingTotal
Year Ended December 31, 2024
Commercial$2,892 $13,447 $11,797 $2,074 $4,061 $923 $978 $36,172 
Commercial real estate70 204 84 6,570 2 11,635 — 18,565 
BBCC— 1,184 410 56 112 39 — 1,801 
Residential real estate— — — — — 14 — 14 
Indirect426 2,426 1,660 687 127 284 — 5,610 
Direct279 610 1,906 1,763 750 1,074 2,290 8,672 
Home equity— — — 34 — 436 — 470 
Total gross charge-offs$3,667 $17,871 $15,857 $11,184 $5,052 $14,405 $3,268 $71,304 
Origination Year
20232022202120202019PriorRevolvingTotal
Year Ended December 31, 2023
Commercial$— $6,475 $24,022 $120 $7,245 $2,880 $709 $41,451 
Commercial real estate— 54 2,808 2,144 — 6,192 — 11,198 
BBCC670 548 362 70 — — — 1,650 
Residential real estate— — — — — 256 — 256 
Indirect271 1,447 787 159 152 132 — 2,948 
Direct173 1,899 2,367 746 1,207 543 3,582 10,517 
Home equity— — — 35 — 408 — 443 
Total gross charge-offs$1,114 $10,423 $30,346 $3,274 $8,604 $10,411 $4,291 $68,463 
Schedule of Past Due Financing Receivables
The following table presents the aging of the amortized cost basis in past due loans by class of loans:
(dollars in thousands)30-59 Days
Past Due		60-89 Days
Past Due		Past Due
90 Days or
More		Total
Past Due		CurrentTotal
Loans
December 31, 2025
Commercial$23,702 $7,200 $68,776 $99,678 $14,663,773 $14,763,451 
Commercial real estate20,870 8,151 122,781 151,802 21,722,535 21,874,337 
BBCC1,297 1,359 463 3,119 392,961 396,080 
Residential45,817 13,650 40,512 99,979 8,367,517 8,467,496 
Indirect8,844 2,263 1,877 12,984 1,062,251 1,075,235 
Direct3,644 1,605 1,762 7,011 642,286 649,297 
Home equity7,186 2,956 8,307 18,449 1,519,817 1,538,266 
Total$111,360 $37,184 $244,478 $393,022 $48,371,140 $48,764,162 
December 31, 2024
Commercial$5,970 $12,021 $47,257 $65,248 $9,991,011 $10,056,259 
Commercial real estate19,240 12,728 60,145 92,113 16,040,935 16,133,048 
BBCC1,227 861 1,430 3,518 403,221 406,739 
Residential49,331 12,085 26,698 88,114 6,709,472 6,797,586 
Indirect9,700 2,675 1,463 13,838 1,082,940 1,096,778 
Direct2,004 970 1,470 4,444 509,700 514,144 
Home equity4,765 3,399 7,567 15,731 1,265,602 1,281,333 
Total$92,237 $44,739 $146,030 $283,006 $36,002,881 $36,285,887 
Schedule of Financing Receivable, Nonaccrual
The following table presents the amortized cost basis of loans on nonaccrual status and loans past due 90 days or more and still accruing by class of loan:
December 31, 2025December 31, 2024
(dollars in thousands)Nonaccrual
Amortized
Cost		Nonaccrual
With No
Related
Allowance		Past Due
90 Days or
More and
Accruing		Nonaccrual
Amortized
Cost		Nonaccrual
With No
Related
Allowance		Past Due
90 Days or
More and
Accruing
Commercial$172,713 $9,665 $1,310 $119,507 $30,551 $861 
Commercial real estate244,395 57,647 — 233,856 64,453 3,126 
BBCC2,994 — 177 4,672 — — 
Residential73,806 — 599 60,454 — — 
Indirect5,802 — 203 5,372 — — 
Direct4,331 — 74 3,407 — — 
Home equity17,204 — 328 20,711 — 73 
Total$521,245 $67,312 $2,691 $447,979 $95,004 $4,060 
:
Type of Collateral
(dollars in thousands)Real
Estate		Blanket
Lien		Investment
Securities/Cash		AutoOther
December 31, 2025
Commercial$17,098 $131,107 $6,851 $5,411 $1,942 
Commercial real estate237,984 3,381 1,238 — 116 
BBCC1,364 832 269 260 — 
Residential73,806 — — — — 
Indirect— — — 5,802 — 
Direct3,676 15 — 324 16 
Home equity17,204 — — — — 
Total$351,132 $135,335 $8,358 $11,797 $2,074 
December 31, 2024
Commercial$17,520 $68,985 $6,980 $6,544 $5,215 
Commercial real estate228,952 542 1,046 — — 
BBCC3,201 1,137 86 248 — 
Residential60,454 — — — — 
Indirect— — — 5,372 — 
Direct2,623 16 23 396 34 
Home equity20,711 — — — — 
Total$333,461 $70,680 $8,135 $12,560 $5,249 
Schedule of Activity in Trouble Debt Restructurings
The following table presents the amortized cost basis of financial difficulty modifications that were modified by class of loans and type of modification:
(dollars in thousands)Term
Extension		Payment
Delay		Interest
Rate
Reduction		Total
Class of
Loans
Year Ended December 31, 2025
Commercial$39,735 $— $8,376 0.3 %
Commercial real estate107,807 — — 0.5 %
Total$147,542 $— $8,376 0.3 %
Year Ended December 31, 2024
Commercial$43,330 $4,637 $— 0.4 %
Commercial real estate151,983 2,666 — 0.9 %
Total$195,313 $7,303 $— 0.5 %
Year Ended December 31, 2023
Commercial$21,631 $— $— 0.2 %
Commercial real estate121,529 — — 0.9 %
Total$143,160 $— $— 0.4 %
Old National monitors the performance of financial difficulty modifications to understand the effectiveness of its efforts. The following table presents the performance of financial difficulty modifications in the twelve months following modification:
(dollars in thousands)30-59 Days
Past Due		60-89 Days
Past Due		Past Due
90 Days or
More		Total
Past Due		CurrentTotal
Loans
December 31, 2025
Commercial$8,203 $— $3,934 $12,137 $35,974 $48,111 
Commercial real estate— — 2,517 2,517 105,290 107,807 
Total$8,203 $— $6,451 $14,654 $141,264 $155,918 
December 31, 2024
Commercial$— $1,352 $3,900 $5,252 $42,715 $47,967 
Commercial real estate3,804 1,741 4,920 10,465 144,184 154,649 
Total$3,804 $3,093 $8,820 $15,717 $186,899 $202,616 
The following table summarizes the nature of the financial difficulty modifications by class of loans:
Weighted-
Average
Term
Extension
(in months)		Weighted-
Average
Payment
Delay
(in months)		Weighted-
Average
Interest Rate
Reduction
Year Ended December 31, 2025
Commercial5.5—1.50 %
Commercial real estate7.9—— %
Total7.3—1.50 %
Year Ended December 31, 2024
Commercial7.26.0— %
Commercial real estate7.27.0— %
Total7.26.4— %
Year Ended December 31, 2023
Commercial6.1—— %
Commercial real estate8.6—— %
Total8.2—— %
Schedule of Financing Receivable, Purchased With Credit Deterioration
Old National has purchased loans, for which there was, at acquisition, evidence of more than insignificant deterioration of credit quality since origination. The carrying amount of those loans is as follows:
(dollars in thousands)
Bremer (1)
CapStar (2)
Purchase price of loans at acquisition$1,876,226 $610,691 
Allowance for credit losses at acquisition103,546 26,725 
Non-credit discount at acquisition75,826 41,886 
Par value of acquired loans at acquisition$2,055,598 $679,302 
(1)Old National acquired Bremer effective May 1, 2025.
(2)Old National acquired CapStar effective April 1, 2024.