secwatch.observer — SEC 8-K summary
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Issuer:     OLD SECOND BANCORP INC (OSBC)
CIK:        0000357173
Form:       8-K
Filed at:   2024-07-17T23:59:59+00:00
Accession:  0000357173-24-000056
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Old Second Bancorp reports Q2 2024 results; loan portfolio data shows $2.05B outstanding
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- Total loan balance $2.05B, total commitment $2.54B as of June 30, 2024 (disclosure dated 2020 likely a typo).
- Payment modification rate 9.03% of total commitment; 449 payment deferrals/modifications.
- CRE investor loans $723M (28% of portfolio); C&I $575M; CRE owner-occupied $344M.
- Geographic concentration: 81% in IL; industry diversification with limited high-risk exposure.
- Loan portfolio disclosure provided as Exhibit 99.2; press release with earnings details in Exhibit 99.1 (not included).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/357173/000035717324000056/0000357173-24-000056-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/357173/000035717324000056/tmb-20240717x8k.htm
  HTML page:      https://secwatch.observer/filing/0000357173-24-000056

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer