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Federal Home Loan Bank Advances (Tables)
3 Months Ended
Mar. 31, 2023
Federal Home Loan Banks [Abstract]  
Summary of FHLB Advances
The following table summarizes Old National Bank’s FHLB advances:
(dollars in thousands)March 31,
2023
December 31,
2022
FHLB advances (fixed rates 0.00% to 5.11%
   and variable rates 4.57% to 5.24%) maturing
   April 2023 to September 2042
$5,000,528 $3,850,677 
Fair value hedge basis adjustments and unamortized
   prepayment fees
(18,916)(21,659)
Total$4,981,612 $3,829,018 
Summary of Contractual Maturities of FHLB Advances
Contractual maturities of FHLB advances at March 31, 2023 were as follows:
(dollars in thousands) 
Due in 2023$1,250,000 
Due in 202425,243 
Due in 2025550,285 
Due in 2026100,000 
Thereafter3,075,000 
Fair value hedge basis adjustments and unamortized prepayment fees(18,916)
Total$4,981,612