Brian Martin

David Long

Jeff Rulis

Nathan Race

Terence McEvoy

Christopher McGratty

David Konrad

Brandon Rud

Kevin Roth

Martin Friedman

Terry McEvoy

- Old Second Bancorp (OSBC) reported **Q3 2025 GAAP net income of $9.9 million ($0.18 per diluted share)** and **adjusted net income of $28.4 million ($0.53 per diluted share)**, with the quarter significantly impacted by the July 1st acquisition of Bancorp Financial, including **$13.2 million** in day two provision and **$11.8 million** in acquisition-related costs.  **[0000357173_2201211_1]** 
- The Net Interest Margin (NIM) reached an "exceptional" **5.05%** (tax equivalent), a **20 basis point improvement** from the prior quarter. Total loans increased by **$1.27 billion**, primarily from the acquisition, alongside **$72 million** in organic loan growth.  **[0000357173_2201211_1]** **[0000357173_2201211_2]** **[0000357173_2201211_4]** 
- The allowance for credit losses on loans increased to **$75 million (1.43% of total loans)** as of September 30, 2025, with **$30.7 million** of this increase attributed to acquired loans.  **[0000357173_2201211_2]**  The company also announced a **17% increase** in its quarterly dividend to **$0.07 per share**.  **[0000357173_2201211_4]** **[0000357173_2201211_6]**

Old Second Bancorp Reports Q3 2025 Earnings and Acquisition Impact

- Old Second Bancorp reported **GAAP net income of $9.9 million** or **$0.18 per diluted share** for Q3 2025, with **adjusted net income of $28.4 million** or **$0.53 per diluted share** after excluding **$13.2 million** in day two provision and **$11.8 million** in acquisition-related costs.  **[0000357173_2201158_1]** 
- The **Evergreen Bank Group acquisition**, completed on July 1, 2025, significantly increased total loans by **$1.27 billion** and average deposits by **$1.08 billion** in Q3 2025.  **[0000357173_2201158_1]** **[0000357173_2201158_2]** **[0000357173_2201158_4]** 
- The company's **net interest margin (NIM) improved to 5.05%** on a tax equivalent basis for Q3 2025, marking a **20 basis point increase** from the prior quarter and **41 basis points year over year**.  **[0000357173_2201158_1]** **[0000357173_2201158_4]** 
- The **allowance for credit losses on loans increased to $75 million** or **1.43% of total loans** as of September 30, 2025, primarily due to **$30.7 million** in day one and day two allowances from acquired loans.  **[0000357173_2201158_2]**  Net loan charge-offs were **$5.1 million** in the quarter.  **[0000357173_2201158_2]** 
- Old Second Bancorp announced a **17% increase in its quarterly common dividend to $0.07 per share** and anticipates **low to mid-single-digit loan growth** heading into 2026.  **[0000357173_2201158_6]** **[0000357173_2201158_10]**

Old Second Bancorp Reports Q3 2025 Results, Driven by Evergreen Acquisition

- Old Second Bancorp, Inc. reported **net income of $9.9 million**, or **$0.18 per diluted share**, for the third quarter of 2025, significantly impacted by the acquisition of Bancorp Financial, Inc..  **[357173_0000357173-25-000088_tmb-20251022xex99d1.htm:0]** 
- **Adjusted net income**, excluding nonrecurring items related to the acquisition, was **$28.4 million**, or **$0.53 per diluted share**, for Q3 2025.  **[357173_0000357173-25-000088_tmb-20251022xex99d1.htm:0]** 
- The **acquisition of Bancorp Financial, Inc.** on July 1, 2025, led to substantial balance sheet growth, with **total assets reaching $6.99 billion**, **total loans $5.27 billion**, and **total deposits $5.76 billion** as of September 30, 2025.  **[357173_0000357173-25-000088_tmb-20251022xex99d1.htm:3]** **[357173_0000357173-25-000088_tmb-20251022xex99d1.htm:4]** 
- Key profitability metrics for Q3 2025 included a **net interest margin (tax-equivalent) of 5.05%** and an **adjusted efficiency ratio of 52.10%**.  **[357173_0000357173-25-000088_tmb-20251022xex99d1.htm:3]** **[357173_0000357173-25-000088_tmb-20251022xex99d1.htm:4]** 
- The Board of Directors declared a cash dividend of **$0.07 per share** of common stock, representing a **17% increase**.  **[357173_0000357173-25-000088_tmb-20251022xex99d1.htm:2]** **[357173_0000357173-25-000088_tmb-20251022xex99d1.htm:4]**

Old Second Bancorp, Inc. Reports Q3 2025 Results and Acquisition Impact

OLD SECOND BANCORP (OSBC)