DOCSLIB.ORG

Onb-10K-2020.Pdf

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Onb-10K-2020.Pdf UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission File Number 1-15817 OLD NATIONAL BANCORP (Exact name of the Registrant as specified in its charter) Indiana 35-1539838 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) One Main Street 47708 Evansville, Indiana (Address of principal executive offices) (Zip Code) (800) 731-2265 (Registrant's telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Trading Title of each class Symbol(s) Name of each exchange on which registered Common Stock, No Par Value ONB The NASDAQ Stock Market LLC Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☑ No ☐ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ☐ No ☑ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☑ No ☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☑ No ☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer ☑ Accelerated filer ☐ Non-accelerated filer ☐ Smaller reporting company ☐ Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. ☑ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes ☐ No ☑ The aggregate market value of the registrant’s voting common stock held by non-affiliates on June 30, 2020, was $2,248,155,309 (based on the closing price on that date of $13.76). In calculating the market value of securities held by non-affiliates of the registrant, the registrant has treated as securities held by affiliates as of June 30, 2020, voting stock owned of record by its directors and principal executive officers, and voting stock held by the registrant's trust department in a fiduciary capacity for benefit of its directors and principal executive officers. This calculation does not reflect a determination that persons are affiliates for any other purposes. The number of shares outstanding of the registrant’s common stock, as of January 31, 2021, was 165,378,000. DOCUMENTS INCORPORATED BY REFERENCE Portions of the Proxy Statement for the Annual Meeting of Shareholders to be held April 29, 2021 are incorporated by reference into Part III of this Form 10-K. OLD NATIONAL BANCORP 2020 ANNUAL REPORT ON FORM 10-K TABLE OF CONTENTS Page PART I Item 1. Business 5 Item 1A. Risk Factors 17 Item 1B. Unresolved Staff Comments 27 Item 2. Properties 27 Item 3. Legal Proceedings 27 Item 4. Mine Safety Disclosures 27 PART II Item 5. Market for the Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities 28 Item 6. Selected Financial Data 30 Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations 31 Item 7A. Quantitative and Qualitative Disclosures About Market Risk 65 Item 8. Financial Statements and Supplementary Data 66 Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 140 Item 9A. Controls and Procedures 140 Item 9B. Other Information 141 PART III Item 10. Directors, Executive Officers and Corporate Governance 142 Item 11. Executive Compensation 142 Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters 142 Item 13. Certain Relationships and Related Transactions, and Director Independence 142 Item 14. Principal Accounting Fees and Services 142 PART IV Item 15. Exhibits and Financial Statement Schedules 143 Item 16. Form 10-K Summary 145 SIGNATURES 146 2 GLOSSARY OF ABBREVIATIONS AND ACRONYMS As used in this report, references to “Old National,” “the Company,” “we,” “our,” “us,” and similar terms refer to the consolidated entity consisting of Old National Bancorp and its wholly-owned subsidiaries. Old National Bancorp refers solely to the parent holding company, and Old National Bank refers to Old National Bancorp’s bank subsidiary. The acronyms and abbreviations identified below are used throughout this report, including the Notes to Consolidated Financial Statements. You may find it helpful to refer to this page as you read this report. ACH: Automated Clearing House Anchor (MN): Anchor Bancorp, Inc. Anchor (WI): Anchor BanCorp Wisconsin Inc. AOCI: accumulated other comprehensive income (loss) AQR: asset quality rating ARRC: Alternative Reference Rates Committee ASC: Accounting Standards Codification ASU: Accounting Standards Update ATM: automated teller machine BBCC: business banking credit center (small business) CAA: Consolidated Appropriations Act CARES Act: Coronavirus Aid, Relief and Economic Security Act CECL: current expected credit loss CFPB: Consumer Financial Protection Bureau Common Stock: Old National Bancorp common stock, without par value COVID-19: Novel coronavirus originating in Wuhan, China in December 2019 CReED: Indiana Community Revitalization Enhancement District Tax Credit DTI: debt-to-income FASB: Financial Accounting Standards Board FDIC: Federal Deposit Insurance Corporation FHLB: Federal Home Loan Bank FHLBI: Federal Home Loan Bank of Indianapolis FHTC: Federal Historic Tax Credit FICO: Fair Isaac Corporation GAAP: U.S. generally accepted accounting principles GDP: gross domestic product Klein: Klein Financial, Inc. LGD: loss given default LIBOR: London Interbank Offered Rate LIHTC: Low Income Housing Tax Credit LTV: loan-to-value N/A: not applicable NASDAQ: The NASDAQ Stock Market LLC NMTC: New Markets Tax Credit NOW: negotiable order of withdrawal OCC: Office of the Comptroller of the Currency OTTI: other-than-temporary impairment PCD: purchased with credit deterioration PCI: purchased credit impaired PD: probability of default PPP: Paycheck Protection Program Renewable Energy: investment tax credits for solar projects SAB: Staff Accounting Bulletin SBA: Small Business Administration SEC: Securities and Exchange Commission SOFR: secured overnight financing rate TBA: to be announced TDR: troubled debt restructuring 3 OLD NATIONAL BANCORP 2020 ANNUAL REPORT ON FORM 10-K FORWARD-LOOKING STATEMENTS In this report, we have made various statements regarding current expectations or forecasts of future events, which speak only as of the date the statements are made. These statements are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are also made from time-to-time in press releases and in oral statements made by the officers of Old National Bancorp (“Old National” or the “Company”). Forward-looking statements can be identified by the use of the words “expect,” “may,” “could,” “will,” “intend,” “project,” “estimate,” “believe,” “anticipate,” or the negative of those terms, and other words of similar meaning. Forward-looking statements also include, but are not limited to, statements regarding estimated cost savings, plans and objectives for future operations, the Company’s business and growth strategies, including future acquisitions of banks, regulatory developments, and expectations about performance as well as economic and market conditions and trends. Such forward-looking statements are based on assumptions and estimates, which although believed to be reasonable, may turn out to be incorrect. Therefore, undue reliance should not be placed upon these estimates and statements. We cannot assure that any of these statements, estimates, or beliefs will be realized and actual results may differ from those contemplated in these “forward-looking statements.” We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events, or otherwise. You are advised to consult further disclosures we may make on related subjects
Load more

Recommended publications
  • Newsletter Dated October 1, 2013
    Neighborhood Associations working together to preserve, enhance, and promote U N O E the Evansville neighborhoods NEIGHBOR TO NEIGHBOR A Publication of United Neighborhoods of Evansville Volume 13 Issue 10 20 N.W. Fourth Street, Suite 501, 47708 October 2013 Website: www.unoevansville.org Email: [email protected] Phone 812-428-4243 From the President …… UPCOMING UNOE DATES IT IS NOT TOO EARLY TO THINK Oct. 15th - Sparkplug Comm. ABOUT CHRISTMAS GIFTS Meeting Oct. 16th- Board Meeting This year, why not think about giving family holiday gifts that Oct. 24th - SPARKPLUG are lasting and introduce them to attractions in Evansville. BANQUET They can probably be ordered via the internet or telephone. Here are some suggestions that offer gift certificates: Please remember there Mesker Park Zoo and Botanic Garden - The zoo has over 700 animal species will be no and the botanic garden has a variety of large trees and ever changing seasonal plants. UNOE General Meetings 1545 Mesker Park Dr. in November & December 812-435-6143 MeskerParkZoo.com due to the holidays. Evansville Museum of Arts, History and Science (Submersive Planetarium Our October meeting will opens in Spring of 2014) 411 S.E. Riverside Dr. be the Sparkplug Banquet 812-425-2406 emuseum.org on Thursday, October 24th. Evansville African American Museum - Shows the roots of the African American residents in the 20th century. Our next 579 S Garvin St. General Meeting 812-423-5188 EvansvilleAAMuseum.wordpress.com will be Thursday, cMoe Koch Family Children's Museum of Evansville - Speak Loud! Live January 23rd, 2014 Big! Work Smart ! Quack Galleries! 22 SE Fifth St.
    [Show full text]
  • 2013 Board of Directors
    2013 Board of Directors Baker, Bruce Cox, Jeffrey K. Newburgh Health Care ISB Global, Inc. 10466 Pollack Avenue COO Newburgh, IN 47630 2128 Boll Street [email protected] Dallas, TX 75204 [email protected] Barchet, Jennifer Old National Bank Sarah Dauer VP/Corporate Documentation Mgr. Shoe Carnival, Inc. One Main Street In-House Counsel Evansville, IN 47708 7500 E. Columbia Street [email protected] Evansville, IN 47715 [email protected] Bennett, Dr. Linda University of Southern Indiana Dial, David L. Office:President President WNIN-TV/FM 8600 University Blvd. President & General Manager Evansville, IN 47712 405 Carpenter Street [email protected] Evansville, IN 47708 [email protected] Braun, Cennet Deputy Public Defender Dunn, John M. Past Chairman Vand. Cty. Public Defender Agency Dunn Hospitality Group 1 NW ML King Jr. Blvd., Rm. 202 300 SE Riverside Drive Civic Center Complex Evansville, IN 47713 Evansville, IN 47708 [email protected] [email protected] Eckels, Rolland Past Chairman Briscoe, Kathy Bristol-Myers Squibb F. C. Tucker Emge Realtors retired Co-Owner [email protected] 4841 E. Virginia Evansville, IN 47715 Engelbrecht, John [email protected] South Central Communications President & CEO Ceresko-Kissel, Lara P.O. Box 3848 Vectren Corporation Evansville, IN 47736 Senior Applications Analyst [email protected] One Vectren Square Evansville, IN 47708 [email protected] Faughn, Derek Secretary Johnson, Denise Mead Johnson Nutrition Parks Director VP & CIO Dept. Of Parks & Recreation 2400 Lloyd Expressway City of Evansville Evansville, IN 47712 100 E. Walnut Street [email protected] Evansville, IN 47708 [email protected] Fine, Marc Rudolph, Fine, Porter & Johnson Kazee, Dr.
    [Show full text]
  • Deposit Account Agreement and Disclosure
    DEPOSIT ACCOUNT AGREEMENT AND DISCLOSURE TABLE OF CONTENTS 1. Agreement 2. Deposit Accounts 3. Fees and Charges 4. Deposit Rules 5. Withdrawal Rules 6. Signature Cards and Resolutions: No Two Signer Accounts 7. Fiduciary and Custodial Accounts 8. Stale Checks 9. Checking Accounts 10. Master Accounts and Subaccounts 11. Stop Payment Orders 12. Assignability 13. Financial Institution Liability 14. Right of Setoff 15. Dormant Accounts 16. Account Statements 17. Wholesale Wire and ACH Transactions 18. Notices 19. Telephone Monitoring and Calling 20. Closing Your Account 21. Governing Law 22. Systems and Software 23. Arbitration Agreement 24. Enforcement/WAIVER OF JURY TRIAL 25. Miscellaneous Provisions 26. Overdraft Courtesy Policy 27. Regulation CC Funds Availability Disclosure 28. Electronic Funds Transfer Disclosures i. Definition ii.. ATM Card iii. Notice Regarding ATM Fees by Others iv. Direct Deposits v. Preauthorized Debits and Transfers vi. Online Banking/Touchtone Banking vii. Debit Card Transactions viii. International Card Transactions ix. Miscellaneous Disclosures 29. USA Patriot Act 30. Regulation GG: Unlawful Internet Gambling Enforcement Act DEPOSIT ACCOUNT AGREEMENT 1. AGREEMENT. This Deposit Account Agreement (“Agreement”) contains the terms and conditions governing your deposit account(s) with us. In this Agreement, each and all of the depositors are referred to as “you” and “your.” The Financial Institution, Old National Bank, is referred to as “we,” “our,” and “us” or “Bank.” This Deposit Account Agreement contains the terms and conditions governing your deposit accounts with us. As used in this document, the term “Agreement” means this document and all disclosures included herein, the signature card, a rate and fee schedule (the “Schedule”), and Truth in Savings disclosures, if applicable.
    [Show full text]
  • Online Banking, Electronic Statement Authorization and Bill Pay Agreement
    Online Banking, Electronic Statement Authorization and Bill Pay Agreement This Online Banking, Electronic Statement Authorization and Bill Pay Agreement (“Agreement”) between you and Old National Bank governs the use of Old National Online™ Banking via the Internet or Microsoft¨ Money, Quicken¨ or QuickBooks, Old National Online™ Bill Pay, Electronic Statement(s) and/or Old National Online Business Bill Pay, herein referred to collectively as “Electronic Banking”. Additional terms and conditions shall apply to your use of other Old National services, including but not limited to, PopMoney, Money Management and Debit Rewards. The Old National Bank customer is referred to in this Agreement as "you" or "your." Old National Bank is referred to in this Agreement as "Old National," "us," “we” and/or "our." WHEN YOU USE ELECTRONIC BANKING OR AUTHORIZE OTHERS TO USE ELECTRONIC BANKING, YOU AGREE TO THE TERMS AND CONDITIONS OF THE ENTIRE AGREEMENT AND TO THE TERMS AND CONDITIONS OF OLD NATIONAL’S DEPOSIT ACCOUNT AGREEMENT AND DISCLOSURE, AS MAY BE AMENDED FROM TIME TO TIME. To the extent that there is a conflict between this Agreement and Old National’s Deposit Account Agreement and Disclosure the terms of Old National’s Deposit Account Agreement and Disclosure shall control. Relation to Other Agreements Your use of Electronic Banking may also be affected by the other agreements between Old National for your linked Old National accounts. If you have more than one account with us, you may have the accounts linked together on Electronic Banking as we permit. When you link an account to Electronic Banking, you do not change the agreements you already have with Old National for that account.
    [Show full text]
  • College of Business Reports
    VOL 24, SUMMER 2005 COLLEGE OF BUSINESS REPORTS UNIVERSITY OF SOUTHERN INDIANA Students learn entrepreneurship challenges, College of Business— new designation rewards as consultants to small businesses The University of Southern Brent Grafton said Col- Indiana School of Business has a lege of Business students lis- tened and came back with new name. The term “college” has critical information about replaced the word “school.” The marketing that he and his Board of Trustees approved the wife Bonnie can use in their change for the University’s five Evansville-based business, Green Tree Plastics. academic schools at its January Green Tree was one of a meeting to reflect the complexity number of area companies that of USI’s academic offerings. gave students in a course on The designation College of small-business consulting an opportunity to get an inside Business became effective July 1. look at small-business owner- ship during spring semester. Dr. Greg Murphy, assis- Joe Coslett’s Gift tant professor of management, to fund sales lab established student teams to complete projects as consul- High-tech facility will serve tants to small business owners. growing number of students The students’ mission was to From left, Wes Steele, Scott McDowell, and Nate pursuing marketing careers meet with the owners, identify a need, and help the owners Carter meet with owner Brent Grafton of Green A sophisticated new sales manage- find information or resources Tree Plastics. ment development laboratory where a that would meet the need. businesses have some uncertainty, and growing Murphy said that looking into the this experience exposes them to that.
    [Show full text]
  • Old National Bank -- a Leader in Performance Management
    PROFILES OF BEST-IN-CLASS ORGANIZATIONS Old National Bank A Leader in Performance Management Executive Summary Evansville, Ind.-based Old National Bancorp embarked on a transformation shortly after President and CEO Robert G. Jones joined the community bank in late 2004. The change it planned and implemented qualifies as both straightforward and profound for a community banking company that celebrated its 175th anniversary in 2009. At the most basic level, Old National Bank shifted its orientation from a reactive business to a proactive one. This shift in decision-making perspective also required an extensive, multi-year overhaul of the bank’s “enterprise management reporting” capabilities (a phrase the company uses to broadly define budgeting, fore- casting, balanced scorecard and other business performance management processes). The transformation so far has delivered significant improvements within each of the company’s three core strategic imperatives: • Strengthen the Risk Profile • Enhance Management Discipline • Achieve Consistent Quality Earnings The improvements have helped Old National Bank become one of the top 25 best performing banks in the United States, according to Forbes, for the past two years. Old National also was among the first four banks in 2009 to return all of the money it received through the Troubled Asset Relief Program (TARP) the U.S. Trea- sury Department created in the wake of the global financial crisis. In addition to the honors and recognition Old National has received for its community-support activities and its commitment to workforce diversity, the bank continues to deliver on its mission of consistently exceeding the expectations of clients, associates and shareholders.
    [Show full text]
  • Accounting, Auditing & Bookkeeping Adjustment
    2016 Southwest Indiana Chamber Membership Directory ad.pdf 1 6/22/2016 5:37:45 PM Umbach & Associates, LLP Kitch & Schreiber, Inc. _________________ IGT Indiana 400 Bentee Wes Ct., Evansville, IN 47715-4060 402 Court St., Evansville, IN 47708 1302 N. Meridian St., Indianapolis, IN 46202 (812) 428-224 • www.umbach.com (812) 424-7710 • www.kitchandschreiber.com (317) 264-4637 • web.1si.org/Retail/IGT-Indiana-2694 ______________________ ______________________ AGRICULTURE ______________________ C Vowells & Schaaf, LLP Lumaworx Media PRODUCTION/CROPS Indoor Golf League P.O. Box 119, Evansville, IN 47701 _________________ P.O. Box 608, Mt. Vernon, IN 47620 M 101 N.W. First St., Evansville, IN 47708 (812) 421-4165 • www.vscpas.com (812) 480-9057 812-459-1355 • www.lumaworxmedia.com Azteca Milling, LP ______________________ ______________________ ______________________ Y 15700 Hwy. 41 North, Evansville, IN 47725 Weinzapfel & Co., LLC Media Mix Communications, Inc. Painting With a Twist Evansville (972) 232-5300 • www.aztecamilling.com 5625 E. Virginia St., Ste. A, Evansville, IN 47715 CM 21 S.E. Third Steet, Suite 500 1301 Mortensen Lane, Evansville, IN 47715 4630 Bayard Park Dr., Evansville, IN 47716 ______________________ Evansville, IN 47708 (812) 474-1015 • www.weinzapfel.com (812) 473-0600 • www.mediamix1.com CGB Diversified Services (812) 304-0243 MY _________________ ______________________ www.paintingwithatwist.com/evansville (812) 464-9161 (800) 880-7800 1811 N. Main St., Mt. Vernon, IN 47620 ______________________ MOB Media (812) 833-3074 • www.cgb.com CY www.hsccpa.com ______________________ Sky Zone Indoor Trampoline Park ADJUSTMENT & 800 E. Oregon St., Evansville, IN 47711 49 N. Green River Rd., Evansville, IN 47715 CMY (812) 773-3526 Consolidated Grain & Barge ______________________ (812) 730-4759 • www.skyzone.com/evansville Real Solutions.
    [Show full text]
  • Anchor-ONB News Release Aug 2017
    oldnational.com Old National Contacts: Media Relations Kathy A. Schoettlin – (812) 465-7269/(812) 319-2711 NEWS RELEASE Investor Relations FOR IMMEDIATE RELEASE – Lynell J. Walton – (812) 464-1366 August 8, 2017 Anchor Bank Contacts: Media Relations Catherine Higgins Whiteside – (651) 675-4686/(612) 501-0761 Investor Relations Dennis Nisler, CFO – (952) 476-5241 Old National partners with Anchor Bank, expands into Minnesota’s Twin Cities Headquartered in St. Paul, Anchor Bank, N.A. is one of Minnesota’s largest community banks serving the Twin Cities and Mankato markets As of June 30, 2017, Anchor Bank had $2.1 billion in total assets, $1.6 billion in loans, $1.7 billion in deposits, $164 million in common shareholders’ equity and 18 bank locations Anticipated closing in early 1st quarter 2018 Evansville, Ind. and St. Paul, Minn. (August 8, 2017) – Evansville, Indiana-based Old National Bancorp (NASDAQ: ONB) (“Old National”) and St. Paul, Minnesota-based Anchor Bancorp, Inc., (“Anchor”) jointly announced today the execution of a definitive agreement under which Old National will acquire Anchor through a stock and cash merger. When completed, this transaction will position Old National as the seventh largest deposit holder in the Twin Cities market. With $2.1 billion in total assets, $1.6 billion in total loans, $1.7 billion in deposits, and $164 million in common shareholder’s equity as of June 30, 2017, Anchor is a bank holding company with Anchor Bank, N.A. (“Anchor Bank”) as its wholly-owned subsidiary. Founded in 1967 and with 18 total branches, Anchor Bank is one of the largest community banks headquartered in the Twin Cities, and also serves Mankato, Minnesota.
    [Show full text]
  • Market Profile 2021
    NORTH AT HOME AT 20 19 18 17 HOMEGOODS T.J.MAXX HOBBY LOBBY HOBBY ULTA ROSS 16 VALUE CITY FURNITURE VALUE TARGET ART VAN FURNITURE ART VAN LLOYD EXPRESSWAY HIGHWAY 66 MICHAELS BEST BUY BEST KOHL’S PETSMART DICK’S SPORTING GOODS property type property restaurants restaurants LONGHORN STEAKHOUSE LONGHORN & BEYOND BED BATH BRIDAL DAVID’S MARSHALL’S GATTITOWN STAPLES Macy’s, Old Navy, Pandora, rue21, Sephora, Shoe Dept Encore, Talbots, Tilly’s, Victoria’s Secret Victoria’s Tilly’s, Talbots, Encore, ShoeDept rue21,Sephora, Pandora, OldNavy, Macy’s, 3 major retailers 16 17 18 19 20 Express Factory Outlet, Forever 21, Hibbett Sports, Hollister, Jared, JCPenney, Lane Bryant, LaneBryant, JCPenney, Jared, Sports,Hollister, 21,Hibbett Forever Outlet, Factory Express BURLINGTON VIRGINIA STREET Friday’s TGI Starbuck’s, Pier17CajunSeafood, Garden, Olive MELE’S DINER WALMART & Super-regional Super-regional HOME DEPOT entertainment PARTY CITY CITY PARTY 4 PIER 17 SEAFOOD American Eagle, Bath & Body Works, Buckle, Carter’s, Dillard’s, Dry Goods, Dillard’s, Buckle,Carter’s, &BodyWorks, Bath Eagle, American for moreinformation for MARKET PROFILE 2021 MARKET PROFILE 5 SAM’S CLUB SAM’S 15 At the Pier Arcade, BJ’s Brewhouse, Dunkin’, Longhorn Steakhouse, Steakhouse, Longhorn Dunkin’, Brewhouse, BJ’s thePierArcade, At | HOLLISTER & CO. HOLLISTER OUTLET FACTORY EXPRESS FOREVER 21 OLIVE GARDEN JEWELERS JARED 7 6 total square feet square total 11 12 13 14 15 2 DUNKIN’ EVANSVILLE, IN EVANSVILLE, 8 13 ACADEMY SPORTS ACADEMY 9 812-477-7171 12 INTERSTATE 69 INTERSTATE
    [Show full text]
  • Download the 2019 – 2020 SWIN
    #Together WeThrive 2020 PIVOT: MOVING FORWARD Your Southwest Indiana Chamber is proud to be leading collaborative efforts to position our region as “THE PLACE” to live, work and grow a business in the Midwest, the U.S. and beyond. Collaboration is the key, and at the Chamber we know “Together We Thrive.” www.swinchamber.com 2019/2020 @SWINChamber ANNUAL REPORT Pictured: Berry Global accepts the 2020 Business of the Year Award at the Annual Meeting & Dinner held in-person and via live stream, Sept. 24, 2020. many hundreds of businesses at risk – all without a playbook. thousands of businesses found and can still find the most accurate, up- to-the-minute guidance and information they need to protect their As the needs of our members, our community and our region evolve, the businesses. Southwest Indiana Chamber is by your side, engaging strategically and proactively, being nimble – responding to changes and ensuring that our We convened the Boards of the Chamber, Coalition and GAGE weekly region is positioned to thrive as a globally competitive place to work, live by Zoom to stay current on the greatest needs of our businesses, with and grow a business. The Chamber provided leadership with numerous the critical, timely input of many public sector leaders, including Mayor legislative wins, new and innovative programing, and strong support for Lloyd Winnecke and Congressman Larry Bucshon, as well as our health the Chamber’s Alliances and committees, tasked with keeping our region care providers. These calls quickly turned into a vital and trusted resource moving forward within their areas of focus.
    [Show full text]
  • Order Approving the Merger of Bank Holding Companies
    FRB Order No. 2018-22 October 16, 2018 FEDERAL RESERVE SYSTEM Old National Bancorp Evansville, Indiana Order Approving the Merger of Bank Holding Companies Old National Bancorp, Evansville, Indiana (“Old National”), a bank holding company within the meaning of the Bank Holding Company Act of 1956 (“BHC Act”)1 has requested the Board’s approval under section 3 of the BHC Act2 to acquire and merge with Klein Financial, Inc. (“Klein”), and thereby indirectly acquire KleinBank, both of Chaska, Minnesota. Following the proposed acquisition, KleinBank would be merged into Old National’s subsidiary bank, Old National Bank, Evansville, Indiana.3 Notice of the proposal, affording interested persons an opportunity to submit comments, has been published (83 Federal Register 36935 (July 31, 2018)).4 The time for submitting comments has expired, and the Board has considered the proposal and all comments received in light of the factors set forth in section 3 of the BHC Act. 1 12 U.S.C. § 1841 et seq. 2 12 U.S.C. § 1842. 3 The merger of KleinBank into Old National Bank is subject to approval by the Office of the Comptroller of the Currency (“OCC”), pursuant to section 18(c) of the Federal Deposit Insurance Act (“Bank Merger Act”). 12 U.S.C. § 1828(c). The OCC approved the bank merger on October 12, 2018. 4 12 CFR 262.3(b). Old National, with consolidated assets of approximately $17.5 billion, is the 96th largest insured depository organization in the United States.5 Old National controls approximately $12.6 billion in consolidated deposits, which represent less than 1 percent of the total amount of deposits of insured depository institutions in the United States.
    [Show full text]
  • Authorized Depositories Region 9
    UNITED STATES TRUSTEE OFFICE FOR REGION 9 Uniform Depository Agreements for Region 9 (Ohio and Michigan) As of 9/1/2021 Allegiance Bank Key Bank, NA Axos Bank LaSalle Bank, NA Banc of California, N.A. Level One Bank Bank of New York Mellon Macatawa Bank - *W Bank of Texas MB Financial Bank, N.A. Bank of Kansas City Mechanics Bank BOKF N.A. dba Bank of Texas Metropolitan Commercial Bank BOKF N.A. dba Mobank New York Community Bank Bank of the West Old National Bank Cadence Bank NA Peoples Bank California Republic People’s United Bank Capital One NA Pinnacle Bank CIBC Bank PNC Bank, NA - ** Citibank NA The Private Bank Citizens Bank NA River Valley Bank Citizens National Bank of SW Ohio Signature Bank City National Bank Stearns Bank/Holdingford/Upsala NA Comerica Bank Sterling Bank Commerce Bank TD Bank - *E Cortland Savings & Banking Co -*N Traverse City State Bank - *W East West Bank Tristate Capital Bank Emigrant Mercantile Bank Truist Bank EncoreBankNA UMB Bank NA - *N FC Bank, a division of CNB Bank Union Bank Fifth Third Bank United Bank First Bank, UP - *W U.S. Bank NA -*E, *N, *S First Federal Bank of Midwest Veritex Community Bank First Federal Community Bank Virginia National Bank First Financial Bank, NA Wachovia Bank NA - *N First Independence Bank Wells Fargo Bank NA The First National Bank of Dennison WesBanco Bank First Source Bank - *W Western Alliance Bank (First) 1st State Bank Wolverine Bank The Freedom Bank of Virginia Zions First National Bank The Home Loan Savings Bank Home Savings and Loan *N *E – Eastern District of Michigan only.
    [Show full text]