Highest-materiality recent filing
Old Second Bancorp authorizes $61.2M share repurchase program from July 2026 to June 2027
Board authorized up to $61.2M in share repurchases from July 1, 2026 to June 30, 2027.
Old Second Bancorp Q1 2026 loan charge-offs rise to $9.8M; ACL at $72.1M
Total loans $5.185B as of 3/31/26, down from $5.252B at 12/31/25.
Old Second Q3 loans surge to $5.27B on Evergreen acquisition; ACL rises to $75M
Total loans $5,265M at 9/30/2025, up 32% from $3,999M at 6/30/2025, primarily due to Evergreen Bank Group acquisition.
Old Second closes Bancorp Financial buy; pro forma H1 2025 diluted EPS $0.43
Total purchase consideration ~$189.4M: $140.5M in OSBC stock (7.9M shares at $17.74) plus $48.9M cash.
Old Second Q2 net income $21.8M, EPS $0.48; closed $1.4B Bancorp Financial merger
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.
Old Second completes merger with Bancorp Financial; pro forma assets ~$6.98B
Bancorp Financial shareholders receive 2.5814 OSBC shares + $15.93 cash per share; merger closed July 1, 2025.
Bancorp Financial shareholders approve merger with Old Second; close set for July 1, 2025
Stockholder approval received on June 18, 2025 for the previously announced merger with Old Second Bancorp.
Old Second receives regulatory approvals for Bancorp Financial merger; close expected July 2025
Received required bank regulatory approvals for merger with Bancorp Financial, Inc. (Oakbrook, IL).
Old Second reports Q1 2025 net income of $19.8M ($0.43 EPS); net interest margin expands to 4.88%
Net income $19.8M ($0.43 diluted EPS) vs $19.1M ($0.42) in Q4 2024 and $21.3M ($0.47) in Q1 2024.
Old Second to acquire Evergreen Bank for ~$197M in 75% stock / 25% cash deal
Aggregate transaction value of ~$197 million; implied purchase price of $62.60 per Bancorp Financial share.
Old Second Bancorp authorizes $39.1M share repurchase; Fed non-objection secured
Board authorized up to $39.1M share repurchase; Federal Reserve non-objection received Dec 16, 2024.
Old Second completes five-branch acquisition from First Merchants Bank
Closed purchase of five Illinois branches from First Merchants Bank effective Dec 6, 2024.
Old Second Bancorp reports Q3 2024 financial results on October 16, 2024
Old Second Bancorp (OSBC) issued a press release on October 16, 2024, announcing financial results for Q3 ended September 30, 2024.
Old Second Bancorp to acquire 5 Chicago-area branches from First Merchants for $23M premium
Assumes ~$304M in deposits and purchases ~$12M in loans from First Merchants.
Effective July 7, 2026, John Williams, Jr., a member of the Board of Directors (the “Board”) of Old Second Bancorp, Inc. (the “Company”), resigned from the Board.
On June 5, 2026, Dennis Klaeser, a member of the Board of Directors (the “Board”) of Old Second Bancorp, Inc. (“Old Second”) and the Board of Directors (the “Bank Board”) of its subsidiary bank, Old Second National Bank, notified Old Second of his resignation from the Board and Bank Board.
Mr. Collins will transition out of direct management of business lines and staff and will instead focus on strategic objectives, reporting directly to the CEO.
Effective October 30, 2023, William Kane, a member of the Board of Directors (the “Board”) of Old Second Bancorp, Inc. (the “Company”), resigned from the Board.
Effective September 9, 2023, James Tapscott, a member of the Board of Directors (the “Board”) of Old Second Bancorp, Inc. (the “Company”), resigned from the Board.
James L. Eccher will no longer serve in that position effective August 15, 2023
appointed Bradley S. Adams to serve as the Company’s Chief Operating Officer
Effective July 12, 2023, William Skoglund, a member of the Board of Directors (the “Board”) of Old Second Bancorp, Inc. (the “Company”), resigned from the Board.
Effective January 13, 2023, Keith Acker, a member of the Board of Directors (the “Board”) of Old Second Bancorp, Inc. (the “Company”), resigned from the Board.
Duane Suits, a member of the Board of Directors (the “Board”) of Old Second Bancorp, Inc. (the “Company”), submitted his resignation from the Board effective November 8, 2022, his 73 rd birthday.
appointed three former West Suburban Bank directors to the Board as follows: Keith Acker, John Williams, Jr. and Keith Kotche (the “ New Directors ”).
appointed three former West Suburban Bank directors to the Board as follows: Keith Acker, John Williams, Jr. and Keith Kotche (the “ New Directors ”).
Max materiality 0.90 · Median 0.30 · Most common event other_material