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Commitments, Contingencies, and Financial Guarantees (Tables)
 12 Months Ended
Dec. 31, 2025
Commitments and Contingencies Disclosure [Abstract]  
Summary of Loan Commitments
The following table summarizes Old National’s other borrowings:
 December 31,
(dollars in thousands)20252024
Old National Bancorp:
Subordinated debentures (fixed rate 5.88%) maturing September 2026
$150,000 $150,000 
Subordinated debentures redeemed in September 2025
— 30,000 
Junior subordinated debentures (rates of 5.38% to 7.68%)
   maturing July 2031 to September 2037
198,499 136,643 
Other basis adjustments7,891 13,049 
Old National Bank:
Finance lease liabilities25,798 24,822 
Subordinated debentures matured in October 2025— 12,000 
Leveraged loans for NMTC (fixed rates of 1.00% to 7.25%)
   maturing December 2027 to December 2060
459,452 210,251 
Other (1)
10,789 112,853 
Total other borrowings$852,429 $689,618 
(1)Includes overnight borrowings to collateralize certain derivative positions totaling $10.8 million at December 31, 2025 and $112.8 million at December 31, 2024.
The following table summarizes the terms of our outstanding junior subordinated debentures as of December 31, 2025:
(dollars in thousands)

Name of Trust
Issuance DateIssuance
Amount		Rate
Rate at
December 31,
2025
Maturity Date
Bridgeview Statutory Trust IJuly 2001$15,464 
3-month SOFR plus 3.58%
7.68 %July 31, 2031
Bridgeview Capital Trust IIDecember 200215,464 
3-month SOFR plus 3.35%
7.52 %January 7, 2033
First Midwest Capital Trust INovember 200337,825 
6.95% fixed
6.95 %December 1, 2033
St. Joseph Capital Trust IIMarch 20055,155 
3-month SOFR plus 1.75%
5.72 %March 17, 2035
Northern States Statutory Trust ISeptember 200510,310 
3-month SOFR plus 1.80%
5.78 %September 15, 2035
Anchor Capital Trust IIIAugust 20055,000 
3-month SOFR plus 1.55%
5.48 %September 30, 2035
Great Lakes Statutory Trust IIDecember 20056,186 
3-month SOFR plus 1.40%
5.38 %December 15, 2035
Bremer Statutory Trust IIJune 200661,856 
3-month SOFR plus 1.60%
5.65 %June 1, 2036
Home Federal Statutory
   Trust I		September 200615,464 
3-month SOFR plus 1.65%
5.63 %September 15, 2036
Monroe Bancorp Capital
   Trust I		July 20063,093 
3-month SOFR plus 1.60%
5.77 %October 7, 2036
Tower Capital Trust 3December 20069,279 
3-month SOFR plus 1.69%
5.74 %March 1, 2037
Monroe Bancorp Statutory
   Trust II		March 20075,155 
3-month SOFR plus 1.60%
5.58 %June 15, 2037
Great Lakes Statutory Trust IIIJune 20078,248 
3-month SOFR plus 1.70%
5.68 %September 15, 2037
Total$198,499 
The following table summarizes Old National Bank’s unfunded loan commitments and standby letters of credit:
December 31,
(dollars in thousands)20252024
Unfunded loan commitments (1)
$12,145,320 $8,533,433 
Standby letters of credit (2)
199,638 194,323 
(1)Excludes cancellable loan commitments of $2.8 billion at December 31, 2025 and $2.5 billion at December 31, 2024.
(2)Notional amount, which represents the maximum amount of future funding requirements. The carrying value was $1.7 million at both December 31, 2025 and December 31, 2024.