Short-Term Borrowings

3 Months Ended

Mar. 31, 2012

Short-Term Borrowings [Abstract]

Short-Term Borrowings

NOTE 12 – SHORT-TERM BORROWINGS

The following table presents the distribution of Old National's short-term borrowings and related weighted-average interest rates as of March 31, 2012:

								Other
		Federal Funds			Repurchase			Short-term
(dollars in thousands)		Purchased			Agreements			Borrowings			Total
2012
Outstanding at March 31, 2012	$	50,327		$	302,431		$	0		$	352,758
Average amount outstanding		52,868			313,222			37			366,127
Maximum amount outstanding at any month-end		107,011			314,383			0
Weighted average interest rate:
During three months ended March 31, 2012		0.12	%		0.14	%		7.55	%		0.14	%
At March 31, 2012		0.11			0.25			0			0.23

Other Short-term Borrowings

At December 31, 2011, Old National had a $114 thousand note payable to a life insurance company which was assumed as part of the Integra Bank acquisition and matured in January 2012. This note payable carried an effective interest rate of 7.26%.