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Federal Home Loan Bank Advances (Tables)
6 Months Ended
Jun. 30, 2019
Banking And Thrift [Abstract]  
Summary of FHLB Advances

The following table summarizes Old National Bank’s FHLB advances at June 30, 2019 and December 31, 2018:

 

 

 

June 30,

 

 

December 31,

 

(dollars in thousands)

 

2019

 

 

2018

 

FHLB advances (fixed rates 1.50% to 4.96%

   and variable rates 2.65% to 2.75%) maturing

   July 2019 to October 2028

 

$

1,702,644

 

 

$

1,603,643

 

ASC 815 fair value hedge and other basis adjustments

 

 

27,421

 

 

 

9,838

 

Total other borrowings

 

$

1,730,065

 

 

$

1,613,481

 

Summary of Contractual Maturities of FHLB Advances

Contractual maturities of FHLB advances at June 30, 2019 were as follows:

 

(dollars in thousands)

 

 

 

 

Due in 2019

 

$

25,480

 

Due in 2020

 

 

100,000

 

Due in 2021

 

 

20,000

 

Due in 2022

 

 

157,000

 

Due in 2023

 

 

164

 

Thereafter

 

 

1,400,000

 

ASC 815 fair value hedge and other basis adjustments

 

 

27,421

 

Total

 

$

1,730,065