Old National Bancorp (ONB) 8-K Old National Reports Third Quarter Net Income of $11.9 Million or $.13 Per Common Share

Exhibit 99.2

Old National Bancorp



Financial Trends
Third Quarter 2010
November 1, 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
Third 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		$	10.5		$	11.9
	—			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			10.5			11.9
									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		$	0.12		$	0.13
									Ratios — Net Income
	11.67	%		9.49	%		1.41	%	Return on Average Common Equity		3.43	%		6.02	%		2.53	%		-4.23	%		4.74	%		4.91	%		5.40	%
	0.94	%		0.82	%		0.17	%	Return on Average Assets		0.47	%		0.47	%		0.21	%		-0.47	%		0.51	%		0.55	%		0.64	%
	71.01	%		69.18	%		81.54	%	Efficiency Ratio		72.20	%		77.50	%		83.39	%		94.78	%		75.68	%		76.65	%		76.64	%
	3.28	%		3.82	%		3.50	%	Net Interest Margin (FTE)		3.62	%		3.58	%		3.51	%		3.28	%		3.33	%		3.40	%		3.42	%
									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	%		15.1	%		15.4	%
	13.3	%		15.1	%		16.1	%	Total		12.2	%		12.6	%		16.5	%		16.1	%		16.1	%		17.0	%		17.3	%
	7.7	%		9.5	%		9.5	%	Leverage Ratio (to Average Assets)		7.3	%		7.1	%		10.0	%		9.5	%		9.4	%		9.8	%		10.2	%
	8.04	%		8.67	%		9.06	%	Total Equity to Assets (Averages)		9.32	%		7.79	%		8.11	%		11.03	%		10.81	%		11.17	%		11.80	%
	6.03	%		5.81	%		8.25	%	Tangible Common Equity to Tangible Assets (3)		5.23	%		5.51	%		8.53	%		8.25	%		8.62	%		9.03	%		9.58	%
									Per Common Share Data:
	1.11			0.69			0.44		Cash Dividends Declared (1)		0.23			0.07			0.07			0.07			0.07			0.07			0.07
	97	%		73	%		309	%	Dividend Payout Ratio (1)		274	%		48	%		117	%		N/M			60	%		58	%		51	%
	9.86			9.56			9.68		Common Book Value (EOP)		9.51			9.55			9.93			9.68			9.82			10.03			10.27
	14.96			18.16			12.43		Market Value (EOP)		11.17			9.82			11.20			12.43			11.95			10.36			10.50
	6.98			6.74			7.38		Tangible Common Book Value (3)		6.42			6.48			7.61			7.38			7.54			7.77			8.03
									Other Statistics
	2,494			2,507			2,812		Full Time Equivalent Employees (2)		2,513			2,875			2,828			2,812			2,708			2,646			2,585

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)

Nine Months					Change							Third Quarter					Change
2010		2009			$			%				2010		2009			$			%
$	225.9	$	260.6		$	(34.7	)		-13.3	%	Interest Income	$	72.9	$	83.4		$	(10.5	)		-12.6	%
	61.4		84.2			(22.8	)		-27.0	%	Less: Interest Expense		18.8		27.0			(8.2	)		-30.5	%
	164.4		176.4			(11.9	)		-6.8	%	Net Interest Income		54.2		56.4			(2.2	)		-4.0	%
	12.1		11.9			0.2			1.3	%	Wealth Management Fees		3.8		3.9			(0.0	)		-0.1	%
	37.5		41.4			(3.9	)		-9.5	%	Service Charges on Deposit Accounts		12.4		15.1			(2.7	)		-17.6	%
	17.3		15.0			2.3			15.4	%	ATM Fees		5.8		5.4			0.4			7.4	%
	1.8		5.0			(3.2	)		-64.8	%	Mortgage Banking Revenue		0.6		1.5			(0.9	)		-57.5	%
	27.8		29.1			(1.3	)		-4.4	%	Insurance Premiums and Commissions		8.7		8.8			(0.1	)		-1.1	%
	6.6		6.9			(0.2	)		-3.6	%	Investment Product Fees		2.3		2.4			(0.0	)		-2.0	%
	3.1		1.6			1.5			90.7	%	Company-owned Life Insurance		1.0		0.5			0.5			N/M
	10.9		9.9			1.0			10.1	%	Other Income		3.6		2.1			1.5			68.1	%
	117.1		120.9			(3.8	)		-3.1	%	Total Fees, Service Charges & Other Rev.		38.4		39.6			(1.3	)		-3.2	%
	9.5		5.7			3.8			67.7	%	Gains (Losses) Sales of Securities (1)		3.2		0.0			3.2			N/M
	1.4		0.3			1.1			N/M		Gains (Losses) Derivatives		0.4		(0.7	)		1.0			N/M
	127.9		126.8			1.1			0.9	%	Total Noninterest Income		42.0		39.0			3.0			7.6	%
	292.4		303.2			(10.8	)		-3.6	%	Total Revenues		96.1		95.4			0.7			0.8	%
	125.2		134.4			(9.2	)		-6.8	%	Salaries and Employee Benefits		41.7		46.5			(4.8	)		-10.3	%
	35.8		34.7			1.1			3.2	%	Occupancy		11.7		12.0			(0.3	)		-2.5	%
	8.0		7.9			0.1			1.7	%	Equipment		2.6		2.9			(0.3	)		-10.5	%
	4.3		6.9			(2.6	)		-38.1	%	Marketing		1.5		2.3			(0.8	)		-33.3	%
	16.3		15.6			0.7			4.5	%	Data Processing		5.1		5.3			(0.2	)		-3.7	%
	7.5		8.1			(0.7	)		-8.0	%	Communication		2.3		2.7			(0.4	)		-14.4	%
	5.5		6.8			(1.3	)		-19.6	%	Professional Fees		1.6		2.1			(0.5	)		-22.4	%
	3.0		3.2			(0.2	)		-6.4	%	Loan Expenses		1.0		1.2			(0.2	)		-16.6	%
	2.2		3.4			(1.2	)		-35.5	%	Supplies		0.7		0.9			(0.2	)		-20.4	%
	6.2		10.2			(4.0	)		-39.1	%	FDIC Assessment		2.1		1.8			0.3			17.8	%
	17.1		17.0			0.1			0.6	%	Other Expense		5.7		6.3			(0.6	)		-9.0	%
	231.0		248.2			(17.1	)		-6.9	%	Total Noninterest Expense		76.1		84.0			(7.9	)		-9.4	%
	23.7		41.5			(17.8	)		-42.9	%	Provision for loan losses		6.4		12.2			(5.8	)		-47.5	%
	37.7		13.6			24.1			N/M		Income (loss) before Income Taxes		13.6		(0.7	)		14.4			N/M
	5.2		(9.5	)		14.7			N/M		Total Taxes		1.7		(4.8	)		6.5			N/M
$	32.5	$	23.1		$	9.4			40.9	%	Net Income (Loss)	$	11.9	$	4.0		$	7.9			196.1	%
											Diluted EPS
$	0.37	$	0.29		$	0.08			27.2	%	Net Income (Loss) Avail to Common	$	0.13	$	0.06		$	0.07			120.0	%
											Average Common Shares Outstanding (000’s)
	86,778		66,129			20,649			31.2	%	Basic		86,795		66,635			20,159			30.3	%
	86,890		66,173			20,718			31.3	%	Diluted		86,931		66,706			20,225			30.3	%
	87,172		87,173				(1)		0.0	%	Common Shares Outstanding (EOP) (000’s)		87,172		87,173				(1)		0.0	%

(1)	Includes $3.2 million of net gains and $39 thousand of OTTI in 3Q10 and $5.1 million of net gains and $5.1 million of OTTI in 3Q09.
	Includes $12.8 million of net gains and $3.3 million of OTTI in YTD 2010 and $21.9 million of net gains, $0.9 million of losses, and $15.3 million of OTTI in YTD 2009.
OTTI	— Other Than Temporary Impairment
EOP	— End of period actual balances
N/M	= Not meaningful

PAGE 2

Old National Bancorp
NET INCOME TRENDS
Third 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	$	75.6	$	72.9
	242.2			149.2			109.3		Less: Interest Expense		28.8			28.4			27.0			25.1			22.2		20.4		18.8
	219.2			243.3			231.4		Net Interest Income		59.2			60.8			56.4			55.0			55.1		55.2		54.2
	18.7			17.4			16.0		Wealth Management Fees		3.8			4.3			3.9			4.0			4.3		4.0		3.8
	44.8			45.2			55.2		Service Charges on Deposit Accounts		10.7			15.7			15.1			13.8			11.9		13.2		12.4
	14.5			17.2			20.5		ATM Fees		4.1			5.4			5.4			5.5			5.5		5.9		5.8
	4.4			5.1			6.2		Mortgage Banking Revenue		1.7			1.8			1.5			1.2			0.5		0.6		0.6
	39.0			39.2			37.9		Insurance Premiums and Commissions		11.4			8.9			8.8			8.7			10.2		8.9		8.7
	10.7			9.5			8.5		Investment Product Fees		2.2			2.2			2.4			1.7			2.1		2.2		2.3
	9.8			9.2			2.4		Company-owned Life Insurance		0.7			0.4			0.5			0.8			0.8		1.2		1.0
	16.1			17.9			13.7		Other Income		3.8			4.0			2.1			3.7			4.0		3.3		3.6
	158.0			160.6			160.3		Total Fees, Service Charges & Other Rev.		38.6			42.7			39.6			39.4			39.4		39.3		38.4
																									��
	(3.0	)		7.6			2.5		Gains (Losses) Sales of Securities (1)		3.2			2.4			0.0			(3.2	)		3.0		3.2		3.2
	0.2			(1.1	)		0.7		Gains (Losses) Derivatives		0.5			0.5			(0.7	)		0.4			0.6		0.4		0.4
	155.1			167.0			163.5		Total Noninterest Income		42.2			45.6			39.0			36.6			43.0		43.0		42.0
	374.3			410.3			394.9		Total Revenues		101.4			106.4			95.4			91.6			98.1		98.1		96.1
	163.7			167.8			181.4		Salaries and Employee Benefits		42.7			45.2			46.5			47.0			42.4		41.1		41.7
	26.5			39.7			47.1		Occupancy		10.6			12.0			12.0			12.4			12.2		11.8		11.7
	11.1			9.5			10.4		Equipment		2.3			2.7			2.9			2.5			2.8		2.6		2.6
	8.4			9.6			9.6		Marketing		2.0			2.6			2.3			2.7			1.4		1.4		1.5
	19.2			19.0			20.7		Data Processing		4.9			5.4			5.3			5.1			5.5		5.6		5.1
	9.3			9.3			10.9		Communication		2.6			2.9			2.7			2.8			2.7		2.5		2.3
	7.7			7.2			9.5		Professional Fees		2.6			2.1			2.1			2.7			1.7		2.2		1.6
	6.0			6.6			4.3		Loan Expenses		0.9			1.2			1.2			1.1			0.9		1.1		1.0
	3.5			3.3			4.3		Supplies		1.3			1.2			0.9			0.9			0.8		0.7		0.7
	0.9			1.5			12.4		FDIC Assessment		2.1			6.3			1.8			2.3			2.4		1.7		2.1
	21.7			23.9			28.3		Other Expense		5.5			5.2			6.3			11.3			4.2		7.2		5.7
	278.0			297.2			339.0		Total Noninterest Expense		77.5			86.8			84.0			90.8			77.1		77.9		76.1
	4.1			51.5			63.3		Provision for Loan Losses		17.3			12.0			12.2			21.8			9.3		8.0		6.4
	92.2			61.6			(7.4	)	Income (loss) before Income Taxes		6.7			7.7			(0.7	)		(21.0	)		11.8		12.3		13.6
	17.3			(0.9	)		(21.1	)	Total Taxes		(2.7	)		(2.0	)		(4.8	)		(11.6	)		1.7		1.7		1.7
$	74.9		$	62.5		$	13.7		Net Income (Loss)	$	9.4		$	9.6		$	4.0		$	(9.3	)	$	10.1	$	10.5	$	11.9
									Diluted EPS
$	1.14		$	0.95		$	0.14		Net Income (Loss) Avail to Common	$	0.08		$	0.15		$	0.06		$	(0.11	)	$	0.12	$	0.12	$	0.13
	65,684			65,660			71,314		Average Basic Common Shares (000’s)		65,793			65,950			66,635			86,701			86,752		86,786		86,795
	65,750			65,776			71,367		Average Diluted Common Shares (000’s)		65,882			65,999			66,706			86,701			86,797		86,911		86,931

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

PAGE 3

Old National Bancorp
Balance Sheet (EOP)
Third Quarter 2010
($ in Millions)

																Change from Prior Year
	9/30/2010			6/30/2010			3/31/2010			12/31/2009			9/30/2009			9/30/2010 vs. 9/30/2009						12/31/2008			12/31/2007
																$			%
Assets
Fed Reserve Bank Account	$	18.0		$	283.2		$	235.2		$	317.5		$	81.9		$	(63.9	)		N/M		$	—		$	—
Money Market Investments		25.1			24.5			23.2			35.6			28.8			(3.7	)		-13.0	%		30.1			8.5
Investments:
Treasury & Gov’t Sponsored Agencies		995.1			1,159.9			1,200.6			1,142.7			1,305.7			(310.6	)		-23.8	%		389.3			688.9
Mortgage-backed Securities		1,232.9			1,015.3			1,048.1			1,048.4			941.7			291.2			30.9	%		1,172.6			1,048.8
States & Political Subdivisions		554.7			510.5			559.7			534.6			494.2			60.5			12.2	%		482.2			294.9
Other Securities		198.0			197.0			197.8			192.7			218.9			(20.9	)		-9.5	%		221.7			275.9
Total Investments		2,980.7			2,882.6			3,006.2			2,918.3			2,960.4			20.3			0.7	%		2,265.8			2,308.5
Residential Real Estate Loans Held for Sale		3.5			5.8			4.0			17.5			11.4			(7.9	)		-69.1	%		17.2			13.0
Leases Held for Sale		—			—			52.2			55.3			58.4			(58.4	)		-100.0	%		—			—
Loans:
Commercial		1,151.6			1,171.8			1,153.5			1,209.3			1,321.7			(170.1	)		-12.9	%		1,510.4			1,360.7
Commercial Leases		115.3			121.0			72.5			77.9			75.3			40.0			53.1	%		387.6			334.0
Commercial & Agriculture Real Estate		981.5			1,002.5			1,041.4			1,062.9			1,091.5			(110.0	)		-10.1	%		1,154.9			1,270.4
Consumer:
Home Equity		260.0			264.6			270.2			274.8			275.6			(15.6	)		-5.7	%		270.0			250.1
Other Consumer Loans		711.7			743.3			774.3			807.2			849.9			(138.2	)		-16.3	%		941.0			937.6
Subtotal of Commercial & Consumer Loans		3,220.2			3,303.3			3,311.9			3,432.1			3,614.0			(393.8	)		-10.9	%		4,263.8			4,152.9
Residential Real Estate		483.0			427.8			403.0			403.4			421.7			61.3			14.5	%		496.5			533.4
Total Loans		3,703.1			3,731.1			3,714.9			3,835.5			4,035.7			(332.5	)		-8.2	%		4,760.4			4,686.4
Total Earning Assets		6,730.5			6,927.2			7,035.7			7,179.7			7,176.6			(446.1	)		-6.2	%		7,073.4			7,016.3
Allowance for Loan Losses		(72.1	)		(71.9	)		(72.1	)		(69.5	)		(69.6	)		2.6			3.7	%		(67.1	)		(56.5	)
Nonearning Assets:
Cash and Due from Banks		129.2			119.0			121.8			144.2			115.0			14.2			12.3	%		162.9			255.2
Premises & Equipment		50.1			51.5			53.9			52.4			56.5			(6.5	)		-11.5	%		44.6			48.7
Goodwill & Intangible Assets		195.6			197.1			198.6			200.2			202.4			(6.8	)		-3.4	%		186.8			191.0
Company-owned Life Insurance		226.0			225.1			224.5			224.7			223.9			2.1			0.9	%		223.1			214.5
Other Assets		247.0			253.2			255.8			273.8			268.6			(21.6	)		-8.1	%		250.1			176.9
Total Nonearning Assets		847.8			845.7			854.6			895.2			866.4			(18.6	)		-2.2	%		867.6			886.3
Total Assets	$	7,506.1		$	7,701.1		$	7,818.3		$	8,005.3		$	7,973.5		$	(467.4	)		-5.9	%	$	7,873.9		$	7,846.1
Liabilities & Equity
Noninterest-bearing Demand Deposits	$	1,267.4		$	1,170.2		$	1,179.8		$	1,188.3		$	1,045.9		$	221.5			21.2	%	$	888.6		$	855.4
NOW Accounts		1,163.6			1,295.2			1,232.4			1,354.3			1,220.2			(56.6	)		-4.6	%		1,292.6			1,410.7
Savings Accounts		1,046.0			1,037.7			1,045.2			972.2			971.5			74.6			7.7	%		874.6			774.1
Money Market Accounts		344.3			360.5			381.9			381.1			418.8			(74.5	)		-17.8	%		420.8			562.1
Other Time under $100,000		1,083.1			1,170.1			1,200.2			1,284.3			1,298.7			(215.7	)		-16.6	%		1,224.2			1,283.0
Other Time $100,000 & over		514.8			567.8			581.9			653.3			669.2			(154.4	)		-23.1	%		550.0			562.1
Total Core Deposits		5,419.2			5,601.4			5,621.5			5,833.5			5,624.4			(205.2	)		-3.6	%		5,250.8			5,447.4
Brokered CD’s		20.3			45.5			69.9			69.9			69.9			(49.7	)		-71.0	%		171.5			216.0
Total Deposits		5,439.4			5,647.0			5,691.5			5,903.5			5,694.4			(254.9	)		-4.5	%		5,422.3			5,663.4
Short-term Borrowings		367.8			331.6			358.0			331.1			326.1			41.7			12.8	%		649.6			638.2
Long-term Borrowings		578.3			604.4			700.4			699.1			808.6			(230.3	)		-28.5	%		834.9			656.7
Total Borrowed Funds		946.0			935.9			1,058.4			1,030.2			1,134.7			(188.6	)		-16.6	%		1,484.5			1,295.0
Accrued Expenses & Other Liabilities		224.9			243.4			212.9			227.8			279.0			(54.1	)		-19.4	%		236.2			234.9
Total Liabilities		6,610.4			6,826.3			6,962.7			7,161.5			7,108.1			(497.6	)		-7.0	%		7,143.0			7,193.2
Preferred Stock & Surplus		—			—			—			—			—			—			—			97.4			—
Common Stock, Surplus & Retained Earnings		879.9			873.6			868.3			864.2			880.3			(0.4	)		0.0	%		687.0			664.2
Other Comprehensive Income		15.8			1.2			(12.8	)		(20.4	)		(14.9	)		30.7			N/M			(53.5	)		(11.3	)
Total Shareholders Equity		895.7			874.7			855.5			843.8			865.4			30.3			3.5	%		730.9			652.9
Total Liabilities & Shareholders Equity	$	7,506.1		$	7,701.1		$	7,818.3		$	8,005.3		$	7,973.5		$	(467.4	)		-5.9	%	$	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)

2007			2008			2009				2009												2010
										1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr			2nd Qtr			3rd Qtr			4th Qtr
									Assets
$	109.5		$	1.6		$	0.0		Fed Funds Sold & Resell Agreements	$	0.0		$	—		$	—		$	—		$	—		$	—		$	—
	—			—			41.2		Fed Reserve Bank Account		11.7			10.5			25.6			117.0			254.0			174.4			97.9
	7.7			20.3			38.5		Money Market Investments		33.2			39.5			42.8			38.4			30.7			30.6			24.3
									Investments:
	636.8			439.1			916.3		Treasury & Gov’t Sponsored Agencies		551.0			935.8			872.8			1,305.6			1,170.9			1,212.1			1,023.4
	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			1,019.7			1,135.0
	263.7			329.4			506.7		States & Political Subdivisions		504.9			511.5			498.4			512.0			559.7			530.4			502.7
	268.6			251.4			214.4		Other Securities		220.7			212.9			219.7			204.3			197.3			200.3			198.3
	2,281.9			2,150.6			2,700.7		Total Investments		2,440.1			2,747.3			2,587.7			3,027.6			2,956.5			2,962.6			2,859.4
	9.2			7.2			11.7		Residential Real Estate Loans Held for Sale		10.3			15.4			12.7			8.2			6.4			3.0			3.7
	—			—			84.9		Leases Held for Sale		—			22.2			261.8			55.8			54.1			42.7			—
									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			1,137.0			1,160.6
	343.3			349.9			216.1		Commercial Leases		385.9			363.4			37.5			77.8			73.9			78.0			117.8
	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			1,021.6			992.0
									Consumer:
	267.1			254.9			273.1		Home Equity		271.2			271.8			274.1			275.3			273.8			267.7			262.6
	937.4			935.7			882.3		Other Consumer Loans		933.4			900.9			867.2			827.7			791.0			757.4			726.7
	4,258.8			4,175.1			3,872.5		Subtotal of Commercial & Consumer Loans		4,193.7			4,095.7			3,652.5			3,548.0			3,361.5			3,261.8			3,259.7
	546.8			520.9			457.8		Residential Real Estate		500.1			475.8			437.5			417.7			403.3			418.0			455.2
	4,805.7			4,696.0			4,330.2		Total Loans		4,693.8			4,571.5			4,090.0			3,965.8			3,764.7			3,679.8			3,714.9
	7,214.0			6,875.7			7,207.2		Total Earning Assets		7,189.2			7,406.3			7,020.6			7,212.8			7,066.5			6,893.0			6,700.2
	(68.2	)		(62.0	)		(70.1	)	Allowance for Loan Losses		(67.2	)		(72.2	)		(70.1	)		(71.0	)		(71.6	)		(73.7	)		(74.8	)
	839.2			804.1			852.7		Nonearning Assets		801.9			877.3			882.4			849.1			855.0			851.9			840.6
$	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		$	7,671.2		$	7,466.0
									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		$	1,151.5		$	1,182.7
	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			1,220.4			1,193.7
	622.4			886.4			937.6		Savings Accounts		878.2			933.9			960.6			977.9			1,011.7			1,051.4			1,039.8
	758.6			487.5			436.5		Money Market Accounts		425.5			483.0			432.7			404.9			379.7			372.1			352.7
	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			1,757.1			1,661.4
	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			5,552.5			5,430.4
	291.5			170.7			97.8		Brokered CD’s		161.4			90.0			69.9			69.9			69.9			64.8			22.5
	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			5,617.3			5,452.8
	461.8			616.9			527.1		Short-term Borrowings		660.5			721.6			401.0			325.6			330.1			334.7			320.0
	615.9			810.1			812.1		Long-term Borrowings		834.6			809.9			808.6			795.2			699.1			650.9			593.4
	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			985.6			913.4
	139.3			205.2			228.6		Accrued Expenses & Other Liabilities		227.9			233.5			225.9			227.3			219.2			211.1			218.7
	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			6,814.0			6,584.9
	—			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			865.9			873.8
	(25.0	)		(33.7	)		(35.3	)	Other Comprehensive Income		(45.2	)		(41.0	)		(40.4	)		(14.5	)		(14.2	)		(8.7	)		7.2
	641.8			660.2			723.9		Total Shareholders Equity		738.7			640.0			635.6			881.3			848.9			857.2			881.0
$	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		$	7,671.2		$	7,466.0

PAGE 5

Old National Bancorp
Interest Rate Trends (FTE basis)
PERIOD AVERAGES

2007			2008			2009				2009												2010
										1st Qtr			2nd Qtr			3rd Qtr			4th Qtr			1st Qtr			2nd Qtr			3rd Qtr			4th Qtr
									Earning Assets:
	5.35	%		3.40	%		0.17	%	Fed Funds Sold, Resell Agr, Fed Reserve Bank Acct, & Money Mkt		0.56	%		0.29	%		0.16	%		0.02	%		0.26	%		0.22	%		0.23	%
									Investments:
	5.07	%		4.90	%		4.01	%	Treasury & Gov’t Sponsored Agencies		4.80	%		4.52	%		4.15	%		3.21	%		3.46	%		3.26	%		3.11	%
	4.68	%		5.01	%		4.93	%	Mortgage-backed Securities		5.16	%		5.18	%		4.78	%		4.54	%		4.39	%		4.22	%		3.82	%
	7.07	%		6.91	%		6.72	%	States & Political Subdivisions		6.92	%		6.53	%		6.83	%		6.63	%		6.34	%		6.26	%		6.08	%
	5.25	%		5.54	%		4.93	%	Other Securities		5.31	%		4.95	%		4.98	%		4.44	%		4.71	%		4.79	%		4.49	%
	5.41	%		5.38	%		4.96	%	Total Investments		5.47	%		5.19	%		4.98	%		4.31	%		4.44	%		4.25	%		4.02	%
									Loans:
	7.61	%		5.65	%		4.00	%	Commercial		3.93	%		3.99	%		3.99	%		4.13	%		4.06	%		4.23	%		4.16	%
	6.93	%		6.82	%		6.72	%	Commercial Leases (1)		6.72	%		6.61	%		6.94	%		6.65	%		6.73	%		6.02	%		6.51	%
	7.56	%		6.22	%		4.62	%	Commercial & Agriculture Real Estate		4.79	%		4.60	%		4.57	%		4.53	%		4.48	%		4.47	%		4.36	%
									Consumer:
	8.17	%		5.51	%		3.57	%	Home Equity		3.59	%		3.55	%		3.55	%		3.60	%		3.63	%		3.67	%		3.70	%
	7.61	%		7.66	%		7.27	%	Other Consumer Loans		7.30	%		7.24	%		7.28	%		7.28	%		7.32	%		7.19	%		7.10	%
	7.57	%		6.35	%		5.08	%	Subtotal of Commercial & Consumer Loans		5.15	%		5.08	%		5.08	%		5.03	%		5.05	%		5.04	%		4.96	%
	5.86	%		5.87	%		5.63	%	Residential Real Estate Loans (1)		5.68	%		5.61	%		5.65	%		5.56	%		5.60	%		5.76	%		5.76	%
	7.38	%		6.30	%		5.14	%	Total Loans (1)		5.21	%		5.14	%		5.14	%		5.08	%		5.07	%		5.08	%		5.02	%
	6.63	%		5.99	%		5.02	%	Total Earning Assets		5.26	%		5.13	%		5.03	%		4.65	%		4.60	%		4.55	%		4.49	%
									Interest-bearing Liabilities:
	2.12	%		0.51	%		0.04	%	NOW Accounts		0.03	%		0.04	%		0.04	%		0.04	%		0.04	%		0.03	%		0.03	%
	2.43	%		1.46	%		0.38	%	Savings Accounts		0.40	%		0.39	%		0.39	%		0.35	%		0.31	%		0.30	%		0.30	%
	3.11	%		1.12	%		0.10	%	Money Market Accounts		0.11	%		0.10	%		0.10	%		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	%		2.49	%		2.43	%
	3.38	%		2.04	%		1.39	%	Total Interest-bearing Deposits		1.49	%		1.43	%		1.35	%		1.27	%		1.18	%		1.08	%		1.04	%
	4.72	%		4.25	%		4.26	%	Brokered CD’s		4.16	%		4.19	%		4.44	%		4.44	%		4.44	%		4.47	%		4.78	%
	3.46	%		2.13	%		1.45	%	Total Interest-bearing Deposits & CD’s		1.58	%		1.48	%		1.40	%		1.32	%		1.23	%		1.13	%		1.06	%
	3.94	%		1.77	%		0.27	%	Short-term Borrowings		0.24	%		0.25	%		0.31	%		0.32	%		0.31	%		0.18	%		0.16	%
	6.64	%		5.29	%		4.96	%	Long-term Borrowings		5.15	%		5.11	%		4.93	%		4.63	%		4.60	%		4.70	%		4.79	%
	5.48	%		3.77	%		3.11	%	Total Borrowed Funds		2.98	%		2.82	%		3.40	%		3.37	%		3.27	%		3.19	%		3.19	%
	3.80	%		2.52	%		1.82	%	Total Interest-bearing Liabilities		1.93	%		1.81	%		1.81	%		1.72	%		1.60	%		1.50	%		1.44	%
	2.83	%		3.47	%		3.20	%	Net Interest Rate Spread		3.34	%		3.32	%		3.22	%		2.93	%		3.00	%		3.05	%		3.05	%
	3.28	%		3.82	%		3.50	%	Net Interest Margin (FTE)		3.62	%		3.58	%		3.51	%		3.28	%		3.33	%		3.40	%		3.42	%
$	17.2		$	19.3		$	20.8		FTE Adjustment ($ in millions)	$	5.9		$	5.6		$	5.3		$	4.1		$	3.7		$	3.5		$	3.2
									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		$	72.1		$	71.9
	4.1			51.5			63.3		Provision for Loan Losses		17.3			12.0			12.2			21.8			9.3			8.0			6.4
	5.7			—			—		Acquired from acquisition		—			—			—			—			—			—			—
	(26.9	)		(51.2	)		(78.0	)	Gross Charge-offs		(15.9	)		(16.0	)		(19.1	)		(27.1	)		(10.9	)		(11.8	)		(8.2	)
	(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			3.6			2.1
	(21.1	)		(40.8	)		(60.8	)	Net Charge-offs		(12.6	)		(13.6	)		(12.7	)		(21.8	)		(6.7	)		(8.2	)		(6.1	)
$	56.5		$	67.1		$	69.5		Ending Allowance for Loan Losses	$	71.8		$	70.1		$	69.6		$	69.5		$	72.1		$	71.9		$	72.1
	0.44	%		0.87	%		1.40	%	Net Charge-offs / Average Loans (1)		1.07	%		1.19	%		1.25	%		2.20	%		0.72	%		0.90	%		0.66	%
$	4,805.7		$	4,696.0		$	4,330.2		Average Loans Outstanding (1)	$	4,693.8		$	4,571.5		$	4,089.9		$	3,965.8		$	3,764.7		$	3,679.8		$	3,714.9
$	4,686.4		$	4,760.4		$	3,835.5		EOP Loans Outstanding (1)	$	4,621.5		$	4,151.2		$	4,035.7		$	3,835.5		$	3,714.9		$	3,731.1		$	3,703.1
	1.20	%		1.41	%		1.81	%	Allowance for Loan Loss / EOP Loans (1)		1.55	%		1.69	%		1.72	%		1.81	%		1.94	%		1.93	%		1.95	%
									Underperforming Assets:
$	1.5		$	2.9		$	3.5		Loans 90 Days & over (still accruing)	$	2.4		$	2.3		$	2.7		$	3.5		$	1.3		$	0.5		$	1.4
									Non-performing Loans:
	40.8			64.0			67.0		Nonaccrual Loans (2)		77.4			77.7			73.7			67.0			68.1			68.9			69.8
	—			—			—		Renegotiated Loans		—			—			—			—			—			—			—
	40.8			64.0			67.0		Total Non-performing Loans		77.4			77.7			73.7			67.0			68.1			68.9			69.8
	2.9			2.9			8.1		Foreclosed properties		6.9			4.8			4.2			8.1			9.6			7.0			5.9
$	45.2		$	69.9		$	78.7		Total Underperforming Assets	$	86.7		$	84.8		$	80.6		$	78.7		$	79.1		$	76.3		$	77.1
$	115.1		$	180.1		$	157.1		Classified Loans — “Problem Loans”	$	199.8		$	191.3		$	174.7		$	157.1		$	160.5		$	157.7		$	170.9
	—			34.5			161.2		Other Classified Assets		96.5			145.3			174.6			161.2			158.5			152.3			148.0
	103.2			124.9			103.5		Criticized Loans — “Special Mention Loans”		86.6			101.0			94.6			103.5			104.9			100.7			75.0
$	218.3		$	339.5		$	421.7		Total Classified & Criticized Assets	$	382.9		$	437.6		$	443.9		$	421.7		$	423.8		$	410.7		$	393.9
	0.87	%		1.35	%		1.75	%	Non-performing loans / EOP Loans (1)		1.67	%		1.87	%		1.83	%		1.75	%		1.83	%		1.85	%		1.89	%
	138	%		105	%		104	%	Allowance to Non-performing Loans		93	%		90	%		94	%		104	%		106	%		104	%		103	%
	0.96	%		1.47	%		2.05	%	Under-performing Assets / EOP Loans (1)		1.88	%		2.04	%		2.00	%		2.05	%		2.13	%		2.05	%		2.08	%
$	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		$	7,701.1		$	7,506.1
	0.58	%		0.89	%		0.98	%	Under-performing Assets / EOP Assets		1.04	%		1.06	%		1.01	%		0.98	%		1.01	%		0.99	%		1.03	%

EOP	— End of period actual balances
(1)	Excludes residential loans and leases held for sale.
(2)	Includes $4.2 million in 3Q10 of renegotiated loans.

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Old National Bancorp
NON-GAAP MEASURES
Third 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		$	874.7		$	895.7
									Deduct:
	159.2			159.2			167.9		Goodwill		167.8			167.9			167.9			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			29.2			27.7
	191.0			186.8			200.2				205.6			204.0			202.4			200.2			198.6			197.1			195.6
$	461.9		$	544.0		$	643.6		Tangible Shareholders’ Equity	$	426.2		$	430.6		$	663.0		$	643.6		$	657.0		$	677.7		$	700.1
									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		$	677.7		$	700.1
									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		$	7,701.1		$	7,506.1
									Add:
	1.7			1.0			0.2		Trust Overdrafts		0.1			0.0			0.4			0.2			0.3			0.1			0.1
									Deduct:
	159.2			159.2			167.9		Goodwill		167.8			167.9			167.9			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			29.2			27.7
	191.0			186.8			200.2				205.6			204.0			202.4			200.2			198.6			197.1			195.6
$	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		$	7,504.1		$	7,310.6
	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			4,847.4			4,803.2
									Actual EOP Balances
$	74.9		$	62.5		$	13.7		GAAP Net Income	$	9.4		$	9.6		$	4.0		$	(9.3	)	$	10.1		$	10.5		$	11.9
									Add:
	3.0			3.6			4.9		Intangible Amortization (net of tax)		0.8			1.2			1.2			1.6			1.2			1.1			1.1
$	77.9		$	66.1		$	18.6		Tangible Net Income	$	10.3		$	10.9		$	5.3		$	(7.8	)	$	11.3		$	11.7		$	13.0
									Tangible Ratios
	16.87	%		14.79	%		2.89	%	Return on Tangible Common Equity		9.62	%		10.11	%		3.17	%		-4.83	%		6.87	%		6.88	%		7.44	%
	1.02	%		0.86	%		0.24	%	Return on Tangible Assets		0.50	%		0.56	%		0.27	%		-0.40	%		0.59	%		0.62	%		0.71	%
	6.03	%		5.81	%		8.25	%	Tangible Common Equity to Tangible Assets		5.23	%		5.51	%		8.53	%		8.25	%		8.62	%		9.03	%		9.58	%
	8.42	%		8.04	%		12.44	%	Tangible Common Equity to Risk Wgt Assets		7.50	%		7.79	%		12.25	%		12.44	%		13.04	%		13.98	%		14.58	%
	6.98			6.74			7.38		Tangible Common Book Value (1)		6.42			6.48			7.61			7.38			7.54			7.77			8.03

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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