Old National Bancorp · NASDAQ:ONB
Old National Bancorp — Q3 2017 Earnings Presentation
6 slides from Old National Bancorp's earnings presentation, Oct 24, 2017
Slide 1: Additional Information for Shareholders of Anchor Bancorp, Inc.
Additional Information for Shareholders of Anchor Bancorp, Inc. Filed by Old National Bancorp Pursuant to Rule 425 under the Securities Act of 1933 Subject Company: Anchor Bancorp, Inc. The following excerpts relating to Old National Bancorp’s pending acquisition of Anchor Bancorp, are from the slid
Slide 2: Additional Information for Shareholders of Anchor Bancorp, Inc.
Additional Information for Shareholders of Anchor Bancorp, Inc. Communications in this document do not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval. In connection with the proposed merger, Old National Bancorp (“ONB”) has
Slide 3: Forward-Looking Statements
Forward-Looking Statements This presentation contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, descriptions of Old National Bancorp’s (“Old National’s”) financial condition, result
Slide 4: Tax Credits
Tax Credits YTD 9-30-17 as Reported 4Q17 Forecast1 Full-Year 2017 Forecast1 Tax credit amortization (Recognized in Noninterest Expense) $0 $12.7 to $22.2 $12.7 to $22.2 Income tax benefit $6.1 $8.8 to $19.0 $14.9 to $25.1 After-tax income (loss) on tax credits2 $6.1 ($3.9) to ($3.2) $2.2 to $2.9 Aft
Slide 5: ONB 3rd Quarter Themes
ONB 3rd Quarter Themes Strong loan growth Stable cost of deposits Benign credit cost Momentum on expenses Anchor partnership
Slide 6: Transforming Old National's Landscape
2011 2012 2013 Acquired Monroe Bancorp – Enhanced Bloomington, IN presence January, 2011 Acquired Indiana Community – Entry into Columbus, IN September, 2012 FDIC-assisted acquisition of Integra Bank July, 2011 Sold non-strategic market – Chicago-area - 4 branches Consolidation of 21 branches Acquir