secwatch.observer — SEC 8-K summary
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Issuer:     OLD SECOND BANCORP INC (OSBC)
CIK:        0000357173
Form:       8-K
Filed at:   2026-04-22T23:59:59+00:00
Accession:  0000357173-26-000020
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Old Second Bancorp Q1 2026 loan charge-offs rise to $9.8M; ACL at $72.1M
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- Total loans $5.185B as of 3/31/26, down from $5.252B at 12/31/25.
- Allowance for credit losses (ACL) $72.1M, provision expense $9.6M in Q1.
- Net charge-offs of $9.78M in Q1 2026, up from $5.98M in Q4 2025.
- Powersport segment net charge-offs $11.34M in Q1; CRE investor $3.93M.
- Criticized loans ratio improved to 4.5% of total loans from 8.0% a year ago.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/357173/000035717326000020/0000357173-26-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/357173/000035717326000020/osbc-20260422x8k.htm
  HTML page:      https://secwatch.observer/filing/0000357173-26-000020

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