{"schema_version":"secwatch.filing_event.v1","accession":"0000357173-25-000018","form_type":"8-K","ticker":"OSBC","cik":"0000357173","company_name":"OLD SECOND BANCORP INC","filed_at":"2025-02-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.992120+00:00","generated_at":"2026-05-26T05:12:51.430103+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Old Second to acquire Evergreen Bank for ~$197M in 75% stock / 25% cash deal","bullets":["Aggregate transaction value of ~$197 million; implied purchase price of $62.60 per Bancorp Financial share.","Consideration: 2.5814 Old Second shares + $15.93 cash per Bancorp Financial share; 75% stock, 25% cash.","Expected ~16% EPS accretion to Old Second in first full year with cost savings fully phased in.","Pro forma company will have ~$7.1B assets, ~$6.0B deposits, ~$5.2B loans; second largest community bank <$10B in Chicago.","Merger expected to close in Q3 2025, subject to regulatory approvals and Bancorp Financial stockholder vote."],"urls":{"canonical":"https://secwatch.observer/filing/0000357173-25-000018","json":"https://secwatch.observer/filing/0000357173-25-000018.json","markdown":"https://secwatch.observer/filing/0000357173-25-000018.md","text":"https://secwatch.observer/filing/0000357173-25-000018.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/357173/000035717325000018/0000357173-25-000018-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/357173/000035717325000018/tmb-20250224x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T05:12:51.430103+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}