Company Profile
- Old Second Bancorp, Inc. (NASDAQ: OSBC) (“Old Second” or “the company”) is the BHC for subsidiary, Old Second National Bank (“the bank”), which operates 53 branches in the Chicago MSA – where it reflects the 2nd largest deposit market share among local banks with <$50B in assets.
- The hallmark of the OSBC franchise is its granular, retail focused, and low-cost deposit base, which has been strengthened over the years through strategic M&A, most recently, the addition of West Suburban Bancorp, Inc. in 2021 and branches from First Merchants Bank in 2024.
- OSBC’s deposit base completely funds its commercial lending activities, with an emphasis on C&I, which is the largest segment in the loan book at 47% of loans (including leases and OOCRE), as well as a manageable ICRE exposure (221% of TRBC). Moreover, Old Second has recently incorporated a consumer lending element as of 3Q25, with the acquisition of $1.4 billion-asset Bancorp Financial,…