OLD NATIONAL BANCORP IN
For the period ended Dec 31, 2023. Filed Feb 22, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 22, 2024
ONB$25.26-0.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Comprehensive Income (Loss)
| Years Ended December 31, | |||
|---|---|---|---|
| (dollars in thousands) | 2023 | 2022 | 2021 |
| Net income | $581,992 | $428,287 | $277,538 |
| Other comprehensive income (loss): | |||
| Change in debt securities available-for-sale: | |||
| Unrealized holding gains (losses) for the period | (31,355) | (1,004,054) | (187,955) |
| Reclassification for securities transferred to held-to-maturity | — | 165,473 | — |
| Reclassification adjustment for securities (gains) losses realized in income | 6,265 | 88 | (4,327) |
| Income tax effect | 14,918 | 199,097 | 43,997 |
| Unrealized gains (losses) on available-for-sale debt securities | (10,172) | (639,396) | (148,285) |
| Change in securities held-to-maturity: | |||
| Adjustment for securities transferred from available-for-sale | — | (165,473) | — |
| Amortization of unrealized losses on securities transferred from available-for-sale | 21,239 | 16,612 | — |
| Income tax effect | (4,047) | 36,197 | — |
| Changes from securities held-to-maturity | 17,192 | (112,664) | — |
| Change in hedges: | |||
| Net unrealized derivative gains (losses) on hedges | 69,276 | (45,132) | 1,898 |
| Reclassification adjustment for (gains) losses realized in net income | (15,067) | 2,587 | (4,605) |
| Income tax effect | (13,479) | 10,453 | 666 |
| Changes from hedges | 40,730 | (32,092) | (2,041) |
| Change in defined benefit pension plans: | |||
| Amortization of net (gains) losses recognized in income | (182) | 139 | 239 |
| Income tax effect | 45 | (34) | (59) |
| Changes from defined benefit pension plans | (137) | 105 | 180 |
| Other comprehensive income (loss), net of tax | 47,613 | (784,047) | (150,146) |
| Comprehensive income (loss) | $629,605 | $(355,760) | $127,392 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.