Old National Bancorp (ONB) 8-K Old National Reports First Quarter Net Income of $10.1 Million or $.12 Per Common Share

Exhibit 99.2

Old National Bancorp

Financial Trends
First Quarter 2010
April 26, 2010

Please direct inquiries to:

Christopher A. Wolking, Senior Executive Vice President & Chief Financial Officer (812) 464-1322 orJoan M. Kissel, Senior Vice President & Corporate Controller (812) 465-7290

Notes: -Summations may not equal due to rounding.

Old National Bancorp

Financial Summary
First Quarter 2010

										2009												2010
2007			2008			2009				1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr			2nd Qtr	3rd Qtr	4th Qtr
									Profitability (in millions)
$	74.9		$	62.5		$	13.7		Net Income (Loss)	$	9.4		$	9.6		$	4.0		$	(9.3	)	$	10.1
	—			0.3			3.9		Preferred Dividend and Amort on Preferred Stock		3.9			—			—			—			—
	74.9			62.2			9.8		Net Income (Loss) Avail. to Common Shareholders		5.5			9.6			4.0			(9.3	)		10.1
									Diluted EPS
$	1.14		$	0.95		$	0.14		Net Income (Loss) Avail. to Common Shareholders	$	0.08		$	0.15		$	0.06		$	(0.11	)	$	0.12
									Ratios — Net Income
	11.67	%		9.49	%		1.41	%	Return on Average Common Equity		3.43	%		6.02	%		2.53	%		-4.23	%		4.74	%
	0.94	%		0.82	%		0.17	%	Return on Average Assets		0.47	%		0.47	%		0.21	%		-0.47	%		0.51	%
	71.01	%		69.18	%		81.54	%	Efficiency Ratio		72.20	%		77.50	%		83.39	%		94.78	%		75.68	%
	3.28	%		3.82	%		3.52	%	Net Interest Margin (FTE)		3.63	%		3.59	%		3.53	%		3.33	%		3.33	%
		��							Capital Ratios:
									Risk-Based Capital Ratios (EOP):
	10.6	%		12.7	%		14.3	%	Tier 1		9.9	%		10.2	%		14.1	%		14.3	%		14.2	%
	13.3	%		15.1	%		16.1	%	Total		12.2	%		12.6	%		16.5	%		16.1	%		16.1	%
	7.7	%		9.5	%		9.5	%	Leverage Ratio (to Average Assets)		7.3	%		7.1	%		10.0	%		9.5	%		9.4	%
	8.04	%		8.67	%		9.06	%	Total Equity to Assets (Averages)		9.32	%		7.79	%		8.11	%		11.03	%		10.81	%
	6.03	%		5.81	%		8.25	%	Tangible Common Equity to Tangible Assets (3)		5.23	%		5.51	%		8.53	%		8.25	%		8.62	%
									Per Common Share Data:
	1.11			0.69			0.44		Cash Dividends Declared (1)		0.23			0.07			0.07			0.07			0.07
	97	%		73	%		309	%	Dividend Payout Ratio (1)		274	%		48	%		117	%		N/M			60	%
	9.86			9.56			9.68		Common Book Value (EOP)		9.51			9.55			9.93			9.68			9.82
	14.96			18.16			12.43		Market Value (EOP)		11.17			9.82			11.20			12.43			11.95
	6.98			6.74			7.38		Tangible Common Book Value (3)		6.42			6.48			7.61			7.38			7.54
									Other Statistics
	2,494			2,507			2,812		Full Time Equivalent Employees (2)		2,513			2,875			2,828			2,812			2,708

FTE — Fully taxable equivalent basis
EOP — End of period actual balances
(1)	The 1st Qtr 2008 dividend was declared in December 2007 and is included in the 2007 totals.
(2)	1st quarter 2009 doesn’t include Charter associates who joined on March 20, 2009.
(3)	See Non-GAAP Reconciliation on Page 8.

PAGE 1

Old National Bancorp

INCOME STATEMENT
($ In Millions except EPS information)

Three Months					Change							First Quarter					Change
2010		2009			$			%				2010		2009			$			%
$	77.3	$	88.0		$	(10.6	)		-12.1	%	Interest Income	$	77.3	$	88.0		$	(10.6	)		-12.1	%
	22.2		28.8			(6.6	)		-22.8	%	Less: Interest Expense		22.2		28.8			(6.6	)		-22.8	%
	55.1		59.2			(4.1	)		-6.9	%	Net Interest Income		55.1		59.2			(4.1	)		-6.9	%
	4.3		3.8			0.5			12.0	%	Wealth Management Fees		4.3		3.8			0.5			12.0	%
	11.9		10.7			1.3			11.8	%	Service Charges on Deposit Accounts		11.9		10.7			1.3			11.8	%
	5.5		4.1			1.4			33.5	%	ATM Fees		5.5		4.1			1.4			33.5	%
	0.5		1.7			(1.2	)		-71.7	%	Mortgage Banking Revenue		0.5		1.7			(1.2	)		-71.7	%
	10.2		11.4			(1.2	)		-10.6	%	Insurance Premiums and Commissions		10.2		11.4			(1.2	)		-10.6	%
	2.1		2.2			(0.2	)		-8.3	%	Investment Product Fees		2.1		2.2			(0.2	)		-8.3	%
	0.8		0.7			0.1			21.5	%	Company-owned Life Insurance		0.8		0.7			0.1			21.5	%
	4.0		3.8			0.2			4.8	%	Other Income		4.0		3.8			0.2			4.8	%
	39.4		38.6			0.8			2.1	%	Total Fees, Service Charges & Other Rev.		39.4		38.6			0.8			2.1	%
	3.0		3.2			(0.2	)		-5.9	%	Gains (Losses) Sales of Securities (1)		3.0		3.2			(0.2	)		-5.9	%
	0.6		0.5			0.1			28.5	%	Gains (Losses) Derivatives		0.6		0.5			0.1			28.5	%
	43.0		42.2			0.8			1.8	%	Total Noninterest Income		43.0		42.2			0.8			1.8	%
	98.1		101.4			(3.3	)		-3.3	%	Total Revenues		98.1		101.4			(3.3	)		-3.3	%
	42.4		42.7			(0.3	)		-0.6	%	Salaries and Employee Benefits		42.4		42.7			(0.3	)		-0.6	%
	12.2		10.6			1.6			15.6	%	Occupancy		12.2		10.6			1.6			15.6	%
	2.8		2.3			0.5			20.9	%	Equipment		2.8		2.3			0.5			20.9	%
	1.4		2.0			(0.6	)		-31.7	%	Marketing		1.4		2.0			(0.6	)		-31.7	%
	5.5		4.9			0.6			12.8	%	Data Processing		5.5		4.9			0.6			12.8	%
	2.7		2.6			0.1			5.3	%	Communication		2.7		2.6			0.1			5.3	%
	1.7		2.6			(0.9	)		-35.6	%	Professional Fees		1.7		2.6			(0.9	)		-35.6	%
	0.9		0.9			0.0			3.8	%	Loan Expenses		0.9		0.9			0.0			3.8	%
	0.8		1.3			(0.5	)		-41.0	%	Supplies		0.8		1.3			(0.5	)		-41.0	%
	2.4		2.1			0.4			17.4	%	FDIC Assessment		2.4		2.1			0.4			17.4	%
	4.2		5.5			(1.3	)		-24.0	%	Other Expense		4.2		5.5			(1.3	)		-24.0	%
	77.1		77.5			(0.4	)		-0.5	%	Total Noninterest Expense		77.1		77.5			(0.4	)		-0.5	%
	9.3		17.3			(8.0	)		-46.4	%	Provision for loan losses		9.3		17.3			(8.0	)		-46.4	%
	11.8		6.7			5.1			76.5	%	Income (loss) before Income Taxes		11.8		6.7			5.1			76.5	%
	1.7		(2.7	)		4.4			N/M		Total Taxes		1.7		(2.7	)		4.4			N/M
$	10.1	$	9.4		$	0.7			7.1	%	Net Income (Loss)	$	10.1	$	9.4		$	0.7			7.1	%
											Diluted EPS
$	0.12	$	0.08		$	0.04			50.0	%	Net Income (Loss) Avail to Common	$	0.12	$	0.08		$	0.04			50.0	%
											Average Common Shares Outstanding (000’s)
	86,752		65,793			20,959			31.9	%	Basic		86,752		65,793			20,959			31.9	%
	86,797		65,882			20,915			31.7	%	Diluted		86,797		65,882			20,915			31.7	%
	87,161		66,411			20,750			31.2	%	Common Shares Outstanding (EOP) (000’s)		87,161		66,411			20,750			31.2	%

(1)	Includes $3.5 million of net gains and $0.5 million of OTTI in 1Q10 and $5.6 million of net gains and $2.4 million of OTTI in 1Q09.
OTTI — Other Than Temporary Impairment
EOP — End of period actual balances
N/M = Not meaningful

PAGE 2

Old National Bancorp

NET INCOME TRENDS

First Quarter 2010
($ In Millions except EPS information)

										2009												2010
2007			2008			2009				1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr		2nd Qtr	3rd Qtr	4th Qtr
$	461.4		$	392.5		$	340.7		Interest Income	$	88.0		$	89.2		$	83.4		$	80.1		$	77.3
	242.2			149.2			109.3		Less: Interest Expense		28.8			28.4			27.0			25.1			22.2
	219.2			243.3			231.4		Net Interest Income		59.2			60.8			56.4			55.0			55.1
	18.7			17.4			16.0		Wealth Management Fees		3.8			4.3			3.9			4.0			4.3
	44.8			45.2			55.2		Service Charges on Deposit Accounts		10.7			15.7			15.1			13.8			11.9
	14.5			17.2			20.5		ATM Fees		4.1			5.4			5.4			5.5			5.5
	4.4			5.1			6.2		Mortgage Banking Revenue		1.7			1.8			1.5			1.2			0.5
	39.0			39.2			37.9		Insurance Premiums and Commissions		11.4			8.9			8.8			8.7			10.2
	10.7			9.5			8.5		Investment Product Fees		2.2			2.2			2.4			1.7			2.1
	9.8			9.2			2.4		Company-owned Life Insurance		0.7			0.4			0.5			0.8			0.8
	16.1			17.9			13.7		Other Income		3.8			4.0			2.1			3.7			4.0
	158.0			160.6			160.3		Total Fees, Service Charges & Other Rev.		38.6			42.7			39.6			39.4			39.4
	(3.0	)		7.6			2.5		Gains (Losses) Sales of Securities (1)		3.2			2.4			0.0			(3.2	)		3.0
	0.2			(1.1	)		0.7		Gains (Losses) Derivatives		0.5			0.5			(0.7	)		0.4			0.6
	155.1			167.0			163.5		Total Noninterest Income		42.2			45.6			39.0			36.6			43.0
	374.3			410.3			394.9		Total Revenues		101.4			106.4			95.4			91.6			98.1
	163.7			167.8			181.4		Salaries and Employee Benefits		42.7			45.2			46.5			47.0			42.4
	26.5			39.7			47.1		Occupancy		10.6			12.0			12.0			12.4			12.2
	11.1			9.5			10.4		Equipment		2.3			2.7			2.9			2.5			2.8
	8.4			9.6			9.6		Marketing		2.0			2.6			2.3			2.7			1.4
	19.2			19.0			20.7		Data Processing		4.9			5.4			5.3			5.1			5.5
	9.3			9.3			10.9		Communication		2.6			2.9			2.7			2.8			2.7
	7.7			7.2			9.5		Professional Fees		2.6			2.1			2.1			2.7			1.7
	6.0			6.6			4.3		Loan Expenses		0.9			1.2			1.2			1.1			0.9
	3.5			3.3			4.3		Supplies		1.3			1.2			0.9			0.9			0.8
	0.9			1.5			12.4		FDIC Assessment		2.1			6.3			1.8			2.3			2.4
	21.7			23.9			28.3		Other Expense		5.5			5.2			6.3			11.3			4.2
	278.0			297.2			339.0		Total Noninterest Expense		77.5			86.8			84.0			90.8			77.1
	4.1			51.5			63.3		Provision for Loan Losses		17.3			12.0			12.2			21.8			9.3
	92.2			61.6			(7.4	)	Income (loss) before Income Taxes		6.7			7.7			(0.7	)		(21.0	)		11.8
	17.3			(0.9	)		(21.1	)	Total Taxes		(2.7	)		(2.0	)		(4.8	)		(11.6	)		1.7
$	74.9		$	62.5		$	13.7		Net Income (Loss)	$	9.4		$	9.6		$	4.0		$	(9.3	)	$	10.1
									Diluted EPS
$	1.14		$	0.95		$	0.14		Net Income (Loss) Avail to Common	$	0.08		$	0.15		$	0.06		$	(0.11	)	$	0.12
	65,684			65,660			71,314		Average Basic Common Shares (000’s)		65,793			65,950			66,635			86,701			86,752
	65,750			65,776			71,367		Average Diluted Common Shares (000’s)		65,882			65,999			66,706			86,701			86,797

(1) Gains (losses) on sales of securities are net of OTTI.

PAGE 3

Old National Bancorp

Balance Sheet (EOP)

First Quarter 2010
($ in Millions)

																Change from Prior Year
																3/31/2010 vs. 3/31/2009
	3/31/2010			12/31/2009			9/30/2009			6/30/2009			3/31/2009			$			%			12/31/2008			12/31/2007
Assets
Investments:
Treasury & Gov’t Sponsored Agencies	$	1,200.6		$	1,142.7		$	1,305.7		$	831.6		$	1,019.6		$	181.0			17.8	%	$	389.3		$	688.9
Mortgage-backed Securities		1,048.1			1,048.4			941.7			1,029.7			1,131.2			(83.1	)		-7.3	%		1,172.6			1,048.8
States & Political Subdivisions		559.7			534.6			494.2			522.7			485.1			74.6			15.4	%		482.2			294.9
Other Securities		197.8			192.7			218.9			215.6			208.5			(10.7	)		-5.1	%		221.7			275.9
Fed Funds Sold & Resell Agreements		—			—			—			—			—			—			—			0.0			—
Fed Reserve Bank Account		235.2			—			—			—			—			235.2			N/M			—			—
Money Market Investments		23.2			35.6			28.8			62.5			42.6			(19.4	)		-45.6	%		30.1			8.5
Total Investments		3,264.5			2,953.9			2,989.3			2,662.2			2,887.0			377.6			13.1	%		2,295.9			2,317.0
Residential Real Estate Loans Held for Sale		4.0			17.5			11.4			25.2			19.6			(15.6	)		-79.6	%		17.2			13.0
Leases Held for Sale		52.2			55.3			58.4			370.2			—			52.2			N/M			—			—
Loans:
Commercial		1,153.5			1,209.3			1,321.7			1,405.8			1,425.8			(272.2	)		-19.1	%		1,510.4			1,360.7
Commercial Leases		72.5			77.9			75.3			16.8			383.7			(311.2	)		-81.1	%		387.6			334.0
Commercial & Agriculture Real Estate		1,041.4			1,062.9			1,091.5			1,124.4			1,133.9			(92.4	)		-8.1	%		1,154.9			1,270.4
Consumer:
Home Equity		270.2			274.8			275.6			271.9			270.5			(0.3	)		-0.1	%		270.0			250.1
Other Consumer Loans		774.3			807.2			849.9			883.9			919.2			(144.9	)		-15.8	%		941.0			937.6
Subtotal of Commercial & Consumer Loans		3,311.9			3,432.1			3,614.0			3,702.8			4,133.0			(821.1	)		-19.9	%		4,263.8			4,152.9
Residential Real Estate		403.0			403.4			421.7			448.4			488.5			(85.5	)		-17.5	%		496.5			533.4
Total Loans		3,714.9			3,835.5			4,035.7			4,151.2			4,621.5			(906.6	)		-19.6	%		4,760.4			4,686.4
Total Earning Assets		7,035.7			6,862.2			7,094.7			7,208.9			7,528.1			(492.4	)		-6.5	%		7,073.4			7,016.3
Allowance for Loan Losses		(72.1	)		(69.5	)		(69.6	)		(70.1	)		(71.8	)		0.3			0.4	%		(67.1	)		(56.5	)
Nonearning Assets:
Cash and Due from Banks		121.8			461.7			196.9			146.7			131.5			(9.7	)		-7.4	%		162.9			255.2
Premises & Equipment		53.9			52.4			56.5			58.7			58.6			(4.7	)		-8.0	%		44.6			48.7
Goodwill & Intangible Assets		198.6			200.2			202.4			204.0			205.6			(7.0	)		-3.4	%		186.8			191.0
Company-owned Life Insurance		224.5			224.7			223.9			224.2			223.8			0.7			0.3	%		223.1			214.5
Other Assets		255.8			273.8			268.6			239.7			280.2			(24.4	)		-8.7	%		250.1			176.9
Total Nonearning Assets		854.6			1,212.7			948.4			873.4			899.7			(45.1	)		-5.0	%		867.6			886.3
Total Assets	$	7,818.3		$	8,005.3		$	7,973.5		$	8,012.2		$	8,356.1		$	(537.8	)		-6.4	%	$	7,873.9		$	7,846.1
Liabilities & Equity
Noninterest-bearing Demand Deposits	$	1,179.8		$	1,188.3		$	1,045.9		$	1,045.6		$	1,039.3		$	140.5			13.5	%	$	888.6		$	855.4
NOW Accounts		1,232.4			1,354.3			1,220.2			1,297.2			1,257.5			(25.0	)		-2.0	%		1,292.6			1,410.7
Savings Accounts		1,045.2			972.2			971.5			928.9			918.8			126.4			13.8	%		874.6			774.1
Money Market Accounts		381.9			381.1			418.8			452.0			522.8			(140.9	)		-27.0	%		420.8			562.1
Other Time under $100,000		1,200.2			1,284.3			1,298.7			1,340.3			1,335.2			(134.9	)		-10.1	%		1,224.2			1,283.0
Other Time $100,000 & over		581.9			653.3			669.2			664.7			671.7			(89.8	)		-13.4	%		550.0			562.1
Total Core Deposits		5,621.5			5,833.5			5,624.4			5,728.6			5,745.4			(123.8	)		-2.2	%		5,250.8			5,447.4
Brokered CD’s		69.9			69.9			69.9			69.9			109.4			(39.4	)		-36.0	%		171.5			216.0
Total Deposits		5,691.5			5,903.5			5,694.4			5,798.5			5,854.7			(163.2	)		-2.8	%		5,422.3			5,663.4
Short-term Borrowings		358.0			331.1			326.1			542.4			827.1			(469.1	)		-56.7	%		649.6			638.2
Long-term Borrowings		700.4			699.1			808.6			810.3			810.0			(109.6	)		-13.5	%		834.9			656.7
Total Borrowed Funds		1,058.4			1,030.2			1,134.7			1,352.7			1,637.0			(578.7	)		-35.3	%		1,484.5			1,295.0
Accrued Expenses & Other Liabilities		212.9			227.8			279.0			226.4			232.5			(19.6	)		-8.4	%		236.2			234.9
Total Liabilities		6,962.7			7,161.5			7,108.1			7,377.6			7,724.3			(761.5	)		-9.9	%		7,143.0			7,193.2
Preferred Stock & Surplus		—			—			—			—			—			—			—			97.4			—
Common Stock, Surplus & Retained Earnings		868.3			864.2			880.3			683.3			679.2			189.1			27.8	%		687.0			664.2
Other Comprehensive Income		(12.8	)		(20.4	)		(14.9	)		(48.7	)		(47.5	)		34.7			73.1	%		(53.5	)		(11.3	)
Total Shareholders Equity		855.5			843.8			865.4			634.6			631.8			223.7			35.4	%		730.9			652.9
Total Liabilities & Shareholders Equity	$	7,818.3		$	8,005.3		$	7,973.5		$	8,012.2		$	8,356.1		$	(537.8	)		-6.4	%	$	7,873.9		$	7,846.1

EOP — End of period actual balances
N/M = Not meaningful

PAGE 4

Old National Bancorp

Balance Sheet Trends
PERIOD AVERAGES
($ in Millions)

										2009												2010
2007			2008			2009				1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr			2nd Qtr	3rd Qtr	4th Qtr
									Assets
									Investments:
$	636.8		$	439.1		$	916.3		Treasury & Gov’t Sponsored Agencies	$	551.0		$	935.8		$	872.8		$	1,305.6		$	1,170.9
	1,112.9			1,130.7			1,063.3		Mortgage-backed Securities		1,163.5			1,087.0			996.9			1,005.7			1,028.5
	263.7			329.4			506.7		States & Political Subdivisions		504.9			511.5			498.4			512.0			559.7
	268.6			251.4			214.4		Other Securities		220.7			212.9			219.7			204.3			197.3
	109.5			1.6			0.0		Fed Funds Sold & Resell Agreements		0.0			—			—			—			—
	—			—			—		Fed Reserve Bank Account		—			—			—			—			254.0
	7.7			20.3			38.5		Money Market Investments		33.2			39.5			42.8			38.4			30.7
	2,399.1			2,172.6			2,739.2		Total Investments		2,473.4			2,786.8			2,630.6			3,066.0			3,241.3
									Loans:
	1,336.3			1,429.6			1,383.6		Commercial		1,454.3			1,427.6			1,364.9			1,287.7			1,172.6
	343.3			349.9			301.1		Commercial Leases (1)		385.9			385.5			299.3			133.6			128.0
	1,374.7			1,205.1			1,117.3		Commercial & Agriculture Real Estate		1,148.9			1,132.0			1,108.7			1,079.5			1,050.2
									Consumer:
	267.1			254.9			273.1		Home Equity		271.2			271.8			274.1			275.3			273.8
	937.4			935.7			882.3		Other Consumer Loans		933.4			900.9			867.2			827.7			791.0
	4,258.8			4,175.1			3,957.4		Subtotal of Commercial & Consumer Loans		4,193.7			4,117.8			3,914.2			3,603.8			3,415.6
	556.0			528.0			469.4		Residential Real Estate (1)		510.4			491.3			450.2			425.9			409.7
	4,814.9			4,703.1			4,426.8		Total Loans (1)		4,704.1			4,609.1			4,364.4			4,029.8			3,825.3
	7,214.0			6,875.7			7,166.0		Total Earning Assets		7,177.4			7,395.9			6,995.0			7,095.8			7,066.5
	(68.2	)		(62.0	)		(70.1	)	Allowance for Loan Losses		(67.2	)		(72.2	)		(70.1	)		(71.0	)		(71.6	)
	839.2			804.1			893.9		Nonearning Assets		813.6			887.7			908.0			966.1			855.0
$	7,985.0		$	7,617.8		$	7,989.8		Total Assets	$	7,923.9		$	8,211.4		$	7,832.9		$	7,990.9		$	7,850.0
									Liabilities & Equity
$	828.5		$	835.0		$	1,018.4		Noninterest-bearing Demand Deposits	$	904.1		$	1,026.8		$	1,046.8		$	1,096.0		$	1,146.5
	1,490.4			1,249.5			1,250.7		NOW Accounts		1,239.0			1,261.6			1,260.0			1,242.5			1,262.4
	622.4			886.4			937.6		Savings Accounts		878.2			933.9			960.6			977.9			1,011.7
	758.6			487.5			436.5		Money Market Accounts		425.5			483.0			432.7			404.9			379.7
	2,134.9			1,696.4			1,956.9		Other Time		1,854.1			2,011.2			1,991.9			1,970.5			1,882.3
	5,834.7			5,154.7			5,600.2		Total Core Deposits		5,300.8			5,716.5			5,691.9			5,691.7			5,682.7
	291.5			170.7			97.8		Brokered CD’s		161.4			90.0			69.9			69.9			69.9
	6,126.2			5,325.4			5,698.0		Total Deposits		5,462.2			5,806.5			5,761.8			5,761.6			5,752.6
	461.8			616.9			527.1		Short-term Borrowings		660.5			721.6			401.0			325.6			330.1
	615.9			810.1			812.1		Long-term Borrowings		834.6			809.9			808.6			795.2			699.1
	1,077.7			1,427.0			1,339.2		Total Borrowed Funds		1,495.1			1,531.4			1,209.6			1,120.7			1,029.2
	139.3			205.2			228.6		Accrued Expenses & Other Liabilities		227.9			233.5			225.9			227.3			219.2
	7,343.1			6,957.7			7,265.9		Total Liabilities		7,185.2			7,571.4			7,197.3			7,109.6			7,001.0
	—			5.2			24.1		Preferred Stock & Surplus		96.4			—			—			—			—
	666.8			688.7			735.0		Common Stock, Surplus & Retained Earnings		687.5			680.9			676.0			895.8			863.2
	(25.0	)		(33.7	)		(35.3	)	Other Comprehensive Income		(45.2	)		(41.0	)		(40.4	)		(14.5	)		(14.2	)
	641.8			660.2			723.9		Total Shareholders Equity		738.7			640.0			635.6			881.3			848.9
$	7,985.0		$	7,617.8		$	7,989.8		Total Liabilities & Shareholders Equity	$	7,923.9		$	8,211.4		$	7,832.9		$	7,990.9		$	7,850.0

(1) Includes residential loans and leases held for sale.

PAGE 5

Old National Bancorp

Interest Rate Trends (FTE basis)
PERIOD AVERAGES

										2009												2010
2007			2008			2009				1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr			2nd Qtr	3rd Qtr	4th Qtr
									Earning Assets:
									Investments:
	5.07	%		4.90	%		4.01	%	Treasury & Gov’t Sponsored Agencies		4.80	%		4.52	%		4.15	%		3.21	%		3.46	%
	4.68	%		5.01	%		4.93	%	Mortgage-backed Securities		5.16	%		5.18	%		4.78	%		4.54	%		4.39	%
	7.07	%		6.91	%		6.72	%	States & Political Subdivisions		6.92	%		6.53	%		6.83	%		6.63	%		6.34	%
	5.25	%		5.54	%		4.93	%	Other Securities		5.31	%		4.95	%		4.98	%		4.44	%		4.71	%
	5.35	%		3.40	%		0.35	%	Fed Funds Sold, Resell Agr & Money Mkt		0.75	%		0.37	%		0.25	%		0.09	%		0.26	%
	5.14	%		5.32	%		4.89	%	Total Investments		5.39	%		5.12	%		4.90	%		4.26	%		4.05	%
									Loans:
	7.61	%		5.65	%		4.00	%	Commercial		3.93	%		3.99	%		3.99	%		4.13	%		4.06	%
	6.93	%		6.82	%		6.72	%	Commercial Leases (1)		6.72	%		6.61	%		6.94	%		6.65	%		6.73	%
	7.56	%		6.22	%		4.62	%	Commercial & Agriculture Real Estate		4.79	%		4.60	%		4.57	%		4.53	%		4.48	%
									Consumer:
	8.17	%		5.51	%		3.57	%	Home Equity		3.59	%		3.55	%		3.55	%		3.60	%		3.63	%
	7.61	%		7.66	%		7.27	%	Other Consumer Loans		7.30	%		7.24	%		7.28	%		7.28	%		7.32	%
	7.57	%		6.35	%		5.08	%	Subtotal of Commercial & Consumer Loans		5.15	%		5.08	%		5.08	%		5.03	%		5.05	%
	5.86	%		5.87	%		5.63	%	Residential Real Estate Loans (1)		5.68	%		5.61	%		5.65	%		5.56	%		5.60	%
	7.38	%		6.30	%		5.14	%	Total Loans (1)		5.21	%		5.14	%		5.14	%		5.08	%		5.07	%
	6.63	%		5.99	%		5.04	%	Total Earning Assets		5.27	%		5.13	%		5.05	%		4.73	%		4.60	%
									Interest-bearing Liabilities:
	2.12	%		0.51	%		0.04	%	NOW Accounts		0.03	%		0.04	%		0.04	%		0.04	%		0.04	%
	2.43	%		1.46	%		0.38	%	Savings Accounts		0.40	%		0.39	%		0.39	%		0.35	%		0.31	%
	3.11	%		1.12	%		0.10	%	Money Market Accounts		0.11	%		0.10	%		0.10	%		0.10	%		0.10	%
	4.64	%		3.74	%		3.01	%	Other Time		3.29	%		3.10	%		2.92	%		2.75	%		2.62	%
	3.38	%		2.04	%		1.39	%	Total Interest-bearing Deposits		1.49	%		1.43	%		1.35	%		1.27	%		1.18	%
	4.72	%		4.25	%		4.26	%	Brokered CD’s		4.16	%		4.19	%		4.44	%		4.44	%		4.44	%
	3.46	%		2.13	%		1.45	%	Total Interest-bearing Deposits & CD’s		1.58	%		1.48	%		1.40	%		1.32	%		1.23	%
	3.94	%		1.77	%		0.27	%	Short-term Borrowings		0.24	%		0.25	%		0.31	%		0.32	%		0.31	%
	6.64	%		5.29	%		4.96	%	Long-term Borrowings		5.15	%		5.11	%		4.93	%		4.63	%		4.60	%
	5.48	%		3.77	%		3.11	%	Total Borrowed Funds		2.98	%		2.82	%		3.40	%		3.37	%		3.27	%
	3.80	%		2.52	%		1.82	%	Total Interest-bearing Liabilities		1.93	%		1.81	%		1.81	%		1.72	%		1.60	%
	2.83	%		3.47	%		3.23	%	Net Interest Rate Spread		3.34	%		3.33	%		3.24	%		3.01	%		3.00	%
	3.28	%		3.82	%		3.52	%	Net Interest Margin (FTE)		3.63	%		3.59	%		3.53	%		3.33	%		3.33	%
$	17.2		$	19.3		$	20.8		FTE Adjustment ($ in millions)	$	5.9		$	5.6		$	5.3		$	4.1		$	3.7

FTE — Fully taxable equivalent basis
(1)	Includes residential loans and leases held for sale.

PAGE 6 

Old National Bancorp

Asset Quality (EOP)
($ in Millions)

										2009												2010
2007			2008			2009				1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr			2nd Qtr	3rd Qtr	4th Qtr
$	67.8		$	56.5		$	67.1		Beginning Allowance for Loan Losses	$	67.1		$	71.8		$	70.1		$	69.6		$	69.5
	4.1			51.5			63.3		Provision for Loan Losses		17.3			12.0			12.2			21.8			9.3
	5.7			—			—		Acquired from acquisition		—			—			—			—			—
	(26.9	)		(51.2	)		(78.0	)	Gross Charge-offs		(15.9	)		(16.0	)		(19.1	)		(27.1	)		(10.9	)
	(5.3	)		—			(0.6	)	Write-downs from Loans Sold		—			(0.6	)		—			—			—
	11.1			10.4			17.8		Gross Recoveries		3.3			2.9			6.3			5.3			4.2
	(21.1	)		(40.8	)		(60.8	)	Net Charge-offs		(12.6	)		(13.6	)		(12.7	)		(21.8	)		(6.7	)
$	56.5		$	67.1		$	69.5		Ending Allowance for Loan Losses	$	71.8		$	70.1		$	69.6		$	69.5		$	72.1
	0.44	%		0.87	%		1.37	%	Net Charge-offs / Average Loans (1)		1.07	%		1.18	%		1.17	%		2.17	%		0.70	%
$	4,814.9		$	4,703.1		$	4,426.8		Average Loans Outstanding (1)	$	4,704.1		$	4,609.1		$	4,364.4		$	4,029.8		$	3,825.3
$	4,699.4		$	4,777.5		$	3,908.3		EOP Loans Outstanding (1)	$	4,641.1		$	4,546.7		$	4,105.4		$	3,908.3		$	3,771.2
	1.20	%		1.41	%		1.81	%	Allowance for Loan Loss / EOP Loans (2)		1.55	%		1.69	%		1.72	%		1.81	%		1.94	%
									Underperforming Assets:
$	1.5		$	2.9		$	3.5		Loans 90 Days & over (still accruing)	$	2.4		$	2.3		$	2.7		$	3.5		$	1.3
									Non-performing Loans:
	40.8			64.0			67.0		Nonaccrual Loans (3)		77.4			77.7			73.7			67.0			68.1
	—			—			—		Renegotiated Loans		—			—			—			—			—
	40.8			64.0			67.0		Total Non-performing Loans		77.4			77.7			73.7			67.0			68.1
	2.9			2.9			8.1		Foreclosed properties		6.9			4.8			4.2			8.1			9.6
$	45.2		$	69.9		$	78.7		Total Underperforming Assets	$	86.7		$	84.8		$	80.6		$	78.7		$	79.1
$	115.1		$	180.1		$	157.1		Classified Loans — “Problem Loans”	$	199.8		$	191.3		$	174.7		$	157.1		$	160.5
	—			34.5			161.2		Other Classified Assets		96.5			145.3			174.6			161.2			158.5
	103.2			124.9			103.5		Criticized Loans — “Special Mention Loans”		86.6			101.0			94.6			103.5			104.9
$	218.3		$	339.5		$	421.7		Total Classified & Criticized Assets	$	382.9		$	437.6		$	443.9		$	421.7		$	423.8
	0.87	%		1.34	%		1.71	%	Non-performing loans / EOP Loans (1)		1.67	%		1.71	%		1.80	%		1.71	%		1.81	%
	138	%		105	%		104	%	Allowance to Non-performing Loans		93	%		90	%		94	%		104	%		106	%
	0.96	%		1.46	%		2.01	%	Under-performing Assets / EOP Loans (1)		1.87	%		1.87	%		1.96	%		2.01	%		2.10	%
$	7,846.1		$	7,873.9		$	8,005.3		EOP Total Assets	$	8,356.1		$	8,012.2		$	7,973.5		$	8,005.3		$	7,818.3
	0.58	%		0.89	%		0.98	%	Under-performing Assets / EOP Assets		1.04	%		1.06	%		1.01	%		0.98	%		1.01	%

EOP — End of period actual balances

(1)	Includes residential loans and leases held for sale.
(2)	Excludes residential loans and leases held for sale.
(3)	Includes $6.8 million in 1Q10 of renegotiated loans.

PAGE 7

Old National Bancorp

NON-GAAP MEASURES
First Quarter 2010
($ In Millions except EPS information)

										2009													2010
2007			2008			2009				1st Qtr			2nd Qtr				3rd Qtr			4th Qtr			1st Qtr			2nd Qtr	3rd Qtr	4th Qtr
									Actual EOP Balances
$	652.9		$	730.9		$	843.8		GAAP Shareholders’ Equity	$	631.8		$	634.6			$	865.4		$	843.8		$	855.5
									Deduct:
	159.2			159.2			167.9		Goodwill		167.8			167.9				167.9			167.9			167.9
	31.8			27.6			32.3		Intangibles		37.8			36.1				34.5			32.3			30.7
	191.0			186.8			200.2				205.6			204.0				202.4			200.2			198.6
$	461.9		$	544.0		$	643.6		Tangible Shareholders’ Equity	$	426.2		$	430.6			$	663.0		$	643.6		$	657.0
									Deduct:
	—			97.4			—		Preferred Stock, Surplus & Retained Earnings		—			—				—			—			—
$	461.9		$	446.7		$	643.6		Tangible Common Shareholders’ Equity	$	426.2		$	430.6			$	663.0		$	643.6		$	657.0
									Actual EOP Balances
$	7,846.1		$	7,873.9		$	8,005.3		GAAP Assets	$	8,356.1		$	8,012.2			$	7,973.5		$	8,005.3		$	7,818.3
									Add:
	1.7			1.0			0.2		Trust Overdrafts		0.1			0.0				0.4			0.2			0.3
									Deduct:
	159.2			159.2			167.9		Goodwill		167.8			167.9		��		167.9			167.9			167.9
	31.8			27.6			32.3		Intangibles		37.8			36.1				34.5			32.3			30.7
	191.0			186.8			200.2				205.6			204.0				202.4			200.2			198.6
$	7,656.8		$	7,688.0		$	7,805.4		Tangible Assets	$	8,150.5		$	7,808.2			$	7,771.6		$	7,805.4		$	7,620.0
	5,483.0			5,555.2			5,173.1		Risk Weighted Assets		5,680.4			5,529.0				5,410.9			5,173.1			5,038.2
									Actual EOP Balances
$	74.9		$	62.5		$	13.7		GAAP Net Income	$	9.4		$	9.6			$	4.0		$	(9.3	)	$	10.1
									Add:
	3.0			3.6			4.9		Intangible Amortization (net of tax)		0.8			1.2				1.2			1.6			1.2
$	77.9		$	66.1		$	18.6		Tangible Net Income	$	10.3		$	10.9			$	5.3		$	(7.8	)	$	11.3
									Tangible Ratios
	16.87	%		14.79	%		2.89	%	Return on Tangible Common Equity		9.62	%		10.11	%			3.17	%		-4.83	%		6.87	%
	1.02	%		0.86	%		0.24	%	Return on Tangible Assets		0.50	%		0.56	%			0.27	%		-0.40	%		0.59	%
	6.03	%		5.81	%		8.25	%	Tangible Common Equity to Tangible Assets		5.23	%		5.51	%			8.53	%		8.25	%		8.62	%
	8.42	%		8.04	%		12.44	%	Tangible Common Equity to Risk Wgt Assets		7.50	%		7.79	%			12.25	%		12.44	%		13.04	%
	6.98			6.74			7.38		Tangible Common Book Value (1)		6.42			6.48				7.61			7.38			7.54

Tangible Common Equity is defined as GAAP Shareholders’ Equity less Preferred Stock, Goodwill and Intangibles.

Tangible Common Equity presentation includes Other Comprehensive Income (OCI) as is common in other company releases.

(1) Tangible Common Shareholders’ Equity Divided By Common Shares Issued and Outstanding at Period-End.

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