OLD NATIONAL BANCORP Item 2.02 Results of Operations and Financial Condition.
OnOctober 19, 2020 ,Old National Bancorp (the "Company") furnished a Current Report on Form 8-K (the "Original Form 8-K") that included as Exhibit 99.1 a press release announcing the Company's third quarter 2020 earnings (the "Earnings Release"). This Form 8-K/A is being filed to correct certain information included in the Earnings Release and incorporated by reference into Item 2.02 of the Original Form 8-K. Specifically, this Form 8-K/A corrects the risk-weighted assets, tier 1 common equity ratio, regulatory tier 1 ratio, total risk-based capital ratio, and tangible common equity to risk-weighted assets ratio for the three and nine months endedSeptember 30, 2020 as previously reported in the Earnings Release. The corrections set forth in this Form 8-K/A did not change the Company's net income for the three and nine month periods endedSeptember 30, 2020 as reported in the Earnings Release. Other than as noted below, the information reported in the Original Form 8-K and the Earnings Release remains unchanged.
The corrections to the Earnings Release are as follows:
As Corrected As Originally Reported in the
Earnings Release
Risk-weighted assets $14,770,750 $14,445,341
Tier 1 common equity ratio 11.84 % 12.10 %
Tier 1 ratio 11.84 % 12.10 %
Total risk-based capital ratio 12.81 % 13.10 %
Tangible common equity to risk-weighted assets 12.42 % 12.70 %
The information in this Current Report on Form 8-K/A shall not be deemed "filed"
for the purposes of Section 18 of the Securities Exchange Act of 1934, as
amended, or otherwise subject to the liabilities under that Section.
Furthermore, the information in this Current Report on Form 8-K/A shall not be
deemed to be incorporated by reference into the filings of the Company under the
Securities Act of 1933, as amended.
All information included in this Current Report on Form 8-K/A is available on the Company's Internet site at http://www.oldnational.com.
Forward-Looking Statements
In this report, we have made various statements regarding current expectations or forecasts of future events, which speak only as of the date the statements are made. These statements are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are also made from time-to-time in press releases and in oral statements made by the officers of the Company. Forward-looking statements can be identified by the use of the words "expect," "may," "could," "intend," "project," "estimate," "believe," "anticipate," and other words of similar meaning. Such forward-looking statements are based on assumptions and estimates, which although believed to be reasonable, may turn out to be incorrect, such as statements about the potential impacts of the COVID-19 pandemic. Therefore, undue reliance should not be placed upon these estimates and statements. We cannot assure that any of these statements, estimates, or beliefs will be realized and actual results may differ from those contemplated in these "forward-looking statements." We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events, or otherwise. You are advised to consult further disclosures we may make on related subjects in our filings with theSEC . 2 --------------------------------------------------------------------------------
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
3--------------------------------------------------------------------------------
© Edgar Online, source
