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Business

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Old National Bancorp shows 1st-quarter gains

Old National Bancorp today reported first-quarter earnings of $23.9 million, or 24 cents per diluted common share, a 10 percent increase over the $21.7 million, or 23 cents a share, posted for the same three months of 2012.

The Evansville-based holding company for Old National Bank reported $9.67 billion in assets as of March 31.

Bob Jones, president and CEO, said the company has focused on improving core profits and making strategic acquisitions.

“Our clients and prospects are beginning to feel better about the economy, and their increased optimism led to our strong quarter of commercial and commercial real estate loan originations of $166 million,” he said in a written statement.

sslater@jg.net

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