secwatch.observer — SEC 8-K summary
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Issuer:     OLD SECOND BANCORP INC (OSBC)
CIK:        0000357173
Form:       8-K
Filed at:   2025-04-23T23:59:59+00:00
Accession:  0000357173-25-000032
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Old Second reports Q1 2025 net income of $19.8M ($0.43 EPS); net interest margin expands to 4.88%
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- Net income $19.8M ($0.43 diluted EPS) vs $19.1M ($0.42) in Q4 2024 and $21.3M ($0.47) in Q1 2024.
- Net interest margin (TE) rose to 4.88% from 4.68% Q4 and 4.58% Q1 2024; net interest income $62.9M.
- Provision for credit losses fell to $2.4M from $3.5M Q4; total loans down to $3.94B.
- Tangible book value per share $12.88, up from $12.38 Q4; TCE/TA ratio 10.34%.
- Noninterest expense $44.5M, up 16.4% YoY; noninterest income down 2.9% YoY to $10.2M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/357173/000035717325000032/0000357173-25-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/357173/000035717325000032/tmb-20250423x8k.htm
  HTML page:      https://secwatch.observer/filing/0000357173-25-000032

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