January 13, 2010, 2010 (FinancialWire) — Old National Bancorp (NYSE: ONB) is the 18th best performing bank in the nation and the highest rated bank in Indiana and Kentucky, according to a comprehensive Forbes Magazine ranking of the nation’s 100 largest banks.

The list was published December 30, 2009, in a Forbes.com article titled “America’s Best and Worst Banks.” Forbes.com is the online arm of Forbes Magazine.

In order to measure the health and stability of the nation’s largest financial institutions on the list, Forbes turned to SNL Financial, a renowned Charlottesville, Va.-based financial research firm. SNL examined eight key financial measures:

 * Return on average equity

 * Net interest margin

 * Non-performing loans as a percentage of loans

 * Non-performing assets as percentage of assets

 * Reserves as a percentage of NPLs

 * Two capital ratios (Tier 1 and risk-based)

 * Leverage ratio

The asset size of the 100 financial institutions on the Forbes list ranges from $5.2 billion to $2.3 trillion.

Old National Bancorp, which celebrated its 175th anniversary in 2009, is the largest financial services holding company headquartered in Indiana and, with $8 billion in assets, ranks among the top 100 banking companies in the United States.

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