secwatch.observer — SEC 8-K summary
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Issuer:     OLD SECOND BANCORP INC (OSBC)
CIK:        0000357173
Form:       8-K
Filed at:   2025-07-23T23:59:59+00:00
Accession:  0000357173-25-000073
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Old Second Q2 net income $21.8M, EPS $0.48; closed $1.4B Bancorp Financial merger
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- Q2 2025 net income of $21.8M ($0.48 diluted EPS) vs $19.8M ($0.43) in Q1 and $21.9M ($0.48) in Q2 2024.
- Adjusted net income (non-GAAP) of $22.8M ($0.50 EPS) vs $20.6M ($0.45) Q1 and $21.2M ($0.46) Q2 2024.
- Net interest margin (tax-equivalent) 4.85%; net interest income up 7.6% YoY to $64.2M.
- Nonperforming loans fell to 0.8% of total loans; tangible book value per share rose to $13.44.
- On July 1, 2025, closed acquisition of Bancorp Financial (Evergreen Bank), a $1.4B bank holding company.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/357173/000035717325000073/0000357173-25-000073-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/357173/000035717325000073/tmb-20250723x8k.htm
  HTML page:      https://secwatch.observer/filing/0000357173-25-000073

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