Trade Old Second Bancorp - OSBC CFD

Old Second Bancorp Company profile

About Old Second Bancorp Inc

Old Second Bancorp, Inc. is bank holding Company. The Company through its wholly-owned subsidiary bank, Old Second National Bank (the Bank), offers a range of financial services. The Company provides full-service banking business, which includes a range of deposit products, trust and wealth management services, and lending services, including demand, negotiable order of withdrawal, money market, savings, time deposit and individual retirement accounts; commercial, industrial, consumer and real estate lending, including installment loans, agricultural loans, lines of credit, lease financing receivables and overdraft checking; safe deposit operations. It also provides additional services, which include acquisition of the United States Treasury notes and bonds, money orders, cashiers' checks and foreign currency, direct deposit, debit cards, credit cards and other special services. Its lending activities include making commercial and consumer loans, primarily on a secured basis.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Old Second Bancorp Inc interest income increased 1% to $105.2M. Net interest income after loan loss provision increased 1% to $92.4M. Net income decreased 28% to $20M. Net interest income after loan loss provision reflects Taxable increase of 20% to $8.1M, Interest bearing deposits with financial increase from $258K to $656K. Net income was offset by Salaries/Benefits increase of 16% to $57.7M (expense).

Equity composition

Common Stock $1 Par, 12/10, 20M auth, 18,466,538 issd., less 4,555,063 shs in Treas @ $94.8M. Insiders own 15.10%. 6/82, reorg. of Old Second National Bank of Aurora. Basis: 2-for-1. *NOTE: FY'95-'96 fin. &'96 &'97 Q's rest. for 5/97 acq. of Maple Park Bncshs. 6/02, 4-for-3 stock split; 7/04, 5/99, 2-for-1splits; 6/96, 5-for-4 stock split.

37 South River Street
AURORA
ILLINOIS 60507
US