Old Second Bancorp(NASDAQ) OSBC

Old Second helps people and businesses manage their money. It provides loans for homes, cars, and company growth. The bank serves local communities and clients across the country.

What the Bank Does

• Business Banking: Commercial loans, equipment leases, and credit lines for small to mid-sized companies.
• Personal Finance: Checking and savings accounts, home mortgages, and credit cards for individual consumers.
• Specialty Lending: Dedicated financing for healthcare providers and private equity-backed businesses nationwide.
• Wealth Management: Investment and trust services for individuals, employee benefit plans, and non-profit organizations.
• Powersport Financing: Nationwide loans for motorcycles and recreational vehicles through a network of third-party dealers.

Growing Beyond State Lines

• Acquired Bancorp Financial, Inc. on July 1, 2025, which added $1.43 billion in total assets.
• Integrated Evergreen Bank Group to launch nationwide business lines for recreational vehicles and manufactured homes.
• Purchased five branch locations from First Merchants Bank on December 6, 2024, to expand its local footprint.
• Successfully finished a full company-wide systems conversion in October 2025 following its recent mergers.

A Mix of Local and National

Old Second operates 55 banking centers across Northern Illinois while running specialized lending programs that reach customers nationwide. The bank relies on long-term employee relationships and niche products like powersport financing to compete with larger financial institutions.

Checking the Books

• Revenue reached $111.2 million in Q1 2026, up 34.9% from Q1 2025.
• Net income hit $25.6 million in Q1 2026, a 29% increase year-over-year.
• Market capitalization grew to $1.1 billion in Q1 2026, up 41.9% from the previous year.
• Total loans increased by $1.27 billion during 2025, primarily due to the Bancorp Financial acquisition.

Bottom Line

Old Second has evolved from a traditional community bank into a diversified regional player with significant nationwide lending operations. Its recent acquisitions have expanded its asset base and reduced its reliance on local real estate markets.