Old National

Old National improves second-quarter performance

July 26, 2010
The Evansville-based bank reported a 9-percent increase in second-quarter profit, helped by a continued reduction in non-interest expenses and growth in commercial loan and business checking account activity.
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Banker who wreaked havoc fesses up to felony charge

July 17, 2010
Greg Andrews
Overseeing a portfolio filled with deteriorating loans is downright excruciating, as lending officers who’ve lived through the carnage of the recession can attest. Rob Tolle apparently cracked under the pressure.
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Former loan officer charged with falsifying documents

July 6, 2010
Prosecutors say Robert Tolle falsified a construction progress inspection report while at Old National Bank. He faces a maximum 30-year prison sentence and $1 million fine.
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Old National improves first-quarter performance

April 26, 2010
 IBJ Staff
Evansville-based Old National Bancorp on Monday reported a first-quarter profit of $10.1 million, up 84 percent from the prior-year period and a big improvement from the fourth quarter of 2009, when the company posted a loss of $9.3 million.
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Answer to Murat's naming-rights fight likely to be found in lease

March 30, 2010
Kathleen McLaughlin
The Murat Temple Association, a Shriners affiliate that owns the iconic building, is suing Live Nation and Old National Bank over a naming-rights deal announced March 16.
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Shriners sue Live Nation, Old National over Murat renaming

March 29, 2010
Kathleen McLaughlin
The Murat Temple Association is a Shriners affiiate that owns the Murat Centre, which on March 16 was renamed the "Old National Centre" in a three-year deal between the bank and Live Nation.
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Old National cut CEO's pay 10.6 percent last year

March 19, 2010
Peter Schnitzler
The Evansville-based bank, the largest financial institution headquartered in Indiana, awarded Robert Jones $1.2 million in total compensation last year, or $146,177 less than in 2008.
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Old National name to adorn Murat for three years

March 16, 2010
Kathleen McLaughlin
The century-old Murat Centre will be named the Old National Centre for the next three years. Event promoter Live Nation on Tuesday put the new name in royal blue lettering above the marquee of the entertainment venue downtown.
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Old National Bank puts name on Murat Centre

March 15, 2010
Kathleen McLaughlin
The voice-mail system at the Murat already greets callers with this message: You have reached the Old National Center, a Live Nation venue.
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Magazine ranks Old National Bank among nation's strongest performersRestricted Content

January 23, 2010
 IBJ Staff

Forbes magazine has named Evansville-based Old National Bank the nation’s 18th-best-performing bank.

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Bank buys part of property targeted for Fishers water park

December 24, 2009
Scott Olson
A high-profile piece of land in Fishers that is part of a proposed hotel and water park project has been bought by the bank that foreclosed upon it.
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Economic turmoil hasn't shaken up local banks' market sharesRestricted Content

October 31, 2009
Peter Schnitzler
One of the toughest runs for the finance industry since the Great Depression didn’t lead to a major shakeup in Indianapolis’ banking landscape. Substitute PNC’s brand for National City’s, and the top eight positions remain unchanged.
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Old National reports earnings well below expectations

October 26, 2009
 IBJ Staff
Evansville-based Old National Bancorp on Monday morning reported a third-quarter profit of $4 million, or 6 cents per diluted share, missing consensus analyst expectations by about 5 cents per share.
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Second developer facing foreclosure on Fishers property

October 20, 2009
Scott Olson
The developer of the proposed $80 million project is facing foreclosure on the property at the same time adjoining land critical to the project's development has been scheduled for liquidation by a lender.
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Old National prices offering at $10 per share

September 23, 2009
Scott Olson
Evansville-based Old National Bancorp said yesterday that it has priced its public offering of 18 million shares of company stock at $10 per share.
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Old National selling stock to fund potential purchases

September 21, 2009
Scott Olson
Evansville-based Old National Bancorp said this morning that it is selling $150 million of its stock in a public offering and will use some of the proceeds to fund potential acquisitions.
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Rash of bank failures sure to spread to IndianaRestricted Content

September 5, 2009
Greg Andrews
Not a single Indiana bank has failed since the sector tanked last year. But Bob Jones, CEO of Old National Bancorp in Evansville, figures it’s only a matter of time.
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Old National profit falls, but beats expectations

July 27, 2009
Scott Olson
Second-quarter profit for Old National Bancorp fell 50 percent from the same period a year ago, but the company still managed to exceed analysts’ expectations.
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Banker's seat on board turns into bigger challengeRestricted Content

May 25, 2009
Greg Andrews
Within a month of joining the board of Evansville's Integra Bank Corp. Mike Alley, former CEO of Fifth Third Bancorp's central Indiana operations, had become Integra's interim CEO.
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Old National striving to be 'Indiana's bank'Restricted Content

May 18, 2009
Scott Olson
Old National's purchase of 65 Charter One branches deepens its foothold in Indy.
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Crackdown on bank pay pinches Hoosier execsRestricted Content

February 23, 2009
Greg Andrews
When Sen. Chris Dodd decided to wage war on corporate excess, he had Wall Street fat cats in his sights, not people like Bob Jones, the folksy CEO of Old National Corp. in Evansville.
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Murky motive adds intrigue to Old National loan saga

August 18, 2008
Greg Andrews
In the buttoned-down world of banking, it doesn't get much stranger than this: An Indianapolis loan officer with a strong reputation is suddenly dismissed after his employer charges he falsified lending documents. The bank says the fraud exposes it to potential losses approaching $20 million. And here's the kicker: The employer hasn't accused the banker of committing the wrongdoing for personal gain.
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