---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-021536"
form_type: "8-K"
ticker: "ONB"
cik: "0000707179"
company_name: "OLD NATIONAL BANCORP /IN/"
filed_at: "2025-05-01T23:59:59+00:00"
generated_at: "2026-05-23T01:25:07.055023+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Old National closes Bremer merger, adds board director, assumes $61.9M debt

## Summary
- Each Bremer share converted to 4.182 ONB shares + $26.22 cash; merger closed May 1, 2025.
- Combined pro forma assets ~$70B, AUM ~$37B, making ONB a top-25 U.S. bank.
- Old National assumed ~$61.9M in junior subordinated debt from Bremer.
- Daniel Reardon (Otto Bremer Trust co-CEO) appointed to ONB board; board expanded to 16.
- Community Growth Plan increased to $11.1B (from $9.5B), adding $1.6B in commitments.

## SEC filing metadata
- accession: 0001628280-25-021536
- form_type: 8-K
- ticker: ONB
- cik: 0000707179
- company_name: OLD NATIONAL BANCORP /IN/
- filed_at: 2025-05-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 2.03, 5.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/707179/000162828025021536/0001628280-25-021536-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/707179/000162828025021536/onb-20250501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-021536
- JSON: https://secwatch.observer/filing/0001628280-25-021536.json
- Plain text: https://secwatch.observer/filing/0001628280-25-021536.txt

## Key facts
- Executive change
  Daniel C. Reardon was appointed as Director at OLD NATIONAL BANCORP /IN/.
  - Action: appointed
  - Role: Director
  source text: Daniel C. Reardon, was appointed by the Board to fill the vacancy resulting from the increase in the size of the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/707179/000162828025021536/0001628280-25-021536-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.