XML 160 R14.htm IDEA: XBRL DOCUMENT v3.19.3
Loans Held for Sale
9 Months Ended
Sep. 30, 2019
Debt Disclosure [Abstract]  
Loans Held for Sale

NOTE 6 – LOANS HELD FOR SALE

Mortgage loans held for immediate sale in the secondary market were $58.3 million at September 30, 2019, compared to $14.9 million at December 31, 2018.  Residential loans that Old National has originated with the intent to sell are recorded at fair value.  Conventional mortgage production is sold on a servicing retained basis.  Certain loans, such as government guaranteed mortgage loans are sold on servicing released basis.