Old National's 4th Quarter and Record Full-Year Results Supported by Strong Deposit Franchise, Stable Credit Quality and Well-Managed Expenses
A loan to deposit ratio of 89% at December 31, 2023, combined with existing funding sources, provides strong liquidity.
- A loan to deposit ratio of 89% at December 31, 2023, combined with existing funding sources, provides strong liquidity.
- Total commercial loan production in the fourth quarter was $1.3 billion; period-end commercial pipeline totaled $1.7 billion.
- Average total loans in the fourth quarter were $32.8 billion, an increase of $116.9 million from the third quarter of 2023.
- Strong credit quality continues to be a hallmark of Old National.