Old Second Bancorp(NASDAQ) OSBC

Old Second Bancorp, Inc. helps people and small businesses manage money. It provides bank accounts and loans in Illinois communities. The company also offers investment and retirement planning.

A Full Suite of Services

• Traditional Banking: Consumer and business accounts such as checking, savings, and certificates of deposit.
• Lending Services: Commercial and residential loans, including specialized financing for motorcycles and other powersport vehicles.
• Wealth Management: Trust administration, estate planning, and investment advisory services for individual and corporate clients.
• Treasury Management: Cash flow tools for businesses, including wire transfers and electronic payment processing.

Moving Beyond Traditional Borders

• Acquired Bancorp Financial, Inc. on July 1, 2025, which added $1.43 billion in total assets to the company.
• Merged Evergreen Bank Group into its operations to strengthen its presence in the Illinois market.
• Onboarded a $1.20 billion loan portfolio as part of the 2025 acquisition.
• Built a powersport lending segment that originated $192.6 million in loans during the first six months ended June 30, 2026.

Local Focus With Regional Scale

Old Second operates 54 banking centers across seven Illinois counties, focusing on relationships with small to medium-sized businesses. The bank maintains higher loan yields by integrating specialized consumer credit products with traditional commercial real estate and industrial lending.

The Numbers Behind the Growth

• Net income was $28.2 million in the second quarter of 2026.
• Net interest and dividend income rose to $83.3 million in the second quarter of 2026, up from $64.2 million in the second quarter of 2025.
• Total loans reached $5.25 billion as of June 30, 2026, up 31.2% from June 30, 2025.
• The non-GAAP adjusted efficiency ratio, which measures the cost to generate one dollar of revenue, was 50.8% in the second quarter of 2026.
• Total deposits were $5.44 billion as of June 30, 2026.

Company Evolution

Old Second has transitioned from a community bank into a larger regional institution by successfully integrating the Bancorp Financial acquisition. This growth has allowed the bank to diversify its lending into higher-yielding consumer categories while expanding its deposit base in the Chicago metropolitan area.