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Federal Home Loan Bank Advances (Tables)
12 Months Ended
Dec. 31, 2019
Banking And Thrift [Abstract]  
Summary of FHLB Advances

The following table summarizes Old National Bank’s FHLB advances at December 31:

 

 

 

December 31,

 

(dollars in thousands)

 

2019

 

 

2018

 

FHLB advances (fixed rates 0.68% to 4.96% and

   variable rates 2.04% to 2.45%) maturing

   January 2020 to August 2029

 

$

1,800,664

 

 

$

1,603,643

 

ASC 815 fair value hedge and other basis adjustments

 

 

22,183

 

 

 

9,838

 

Total other borrowings

 

$

1,822,847

 

 

$

1,613,481

 

Summary of Contractual Maturities of FHLB Advances

Contractual maturities of FHLB advances at December 31, 2019 were as follows:

 

(dollars in thousands)

 

 

 

 

Due in 2020

 

$

75,000

 

Due in 2021

 

 

20,000

 

Due in 2022

 

 

155,500

 

Due in 2023

 

 

164

 

Due in 2024

 

 

350,000

 

Thereafter

 

 

1,200,000

 

ASC 815 fair value hedge and other basis adjustments

 

 

22,183

 

Total

 

$

1,822,847