Earnings summaries and quarterly performance for OLD SECOND BANCORP.
Executive leadership at OLD SECOND BANCORP.
James Eccher
Detailed
Chairman, President and Chief Executive Officer
CEO
BA
Bradley Adams
Detailed
Executive Vice President, Chief Operating Officer and Chief Financial Officer
DC
Darin Campbell
Detailed
Executive Vice President; President, National Specialty Lending; President, FreedomRoad Financial; President, Performance Finance
DP
Donald Pilmer
Detailed
Executive Vice President, Chief Lending Officer
GC
Gary Collins
Detailed
Vice Chairman
RG
Richard Gartelmann
Detailed
Executive Vice President, Head of Wealth Management
Board of directors at OLD SECOND BANCORP.
Research analysts who have asked questions during OLD SECOND BANCORP earnings calls.
BM
Brian Martin
Janney Montgomery Scott
8 questions for OSBC
Also covers: BFIN, BY, EFSC +10 more
Jeff Rulis
D.A. Davidson & Co.
8 questions for OSBC
Also covers: ALRS, BANR, BMRC +17 more
David Long
Raymond James Financial, Inc.
6 questions for OSBC
Also covers: ALRS, BY, EFSC +10 more
NR
Nathan Race
Piper Sandler & Co.
6 questions for OSBC
Also covers: ALRS, BSVN, BWB +18 more
TM
Terence McEvoy
Stephens Inc.
4 questions for OSBC
Also covers: ASB, BY, CIVB +10 more
Christopher McGratty
Keefe, Bruyette & Woods
3 questions for OSBC
Also covers: ASB, BAC, BANC +35 more
DK
David Konrad
Keefe, Bruyette & Woods (KBW)
3 questions for OSBC
Also covers: AMAL, BLFY, BRKL +9 more
Adam Kroll
Piper Sandler Companies
2 questions for OSBC
Also covers: BWB, BY, HAFC +4 more
Terry McEvoy
Stephens
2 questions for OSBC
Also covers: ASB, BY, CBC +4 more
Brandon Rud
Stephens Inc.
1 question for OSBC
Also covers: BWB, BY, MSBI +2 more
Kevin Roth
Black Maple Capital
1 question for OSBC
MF
Martin Friedman
FJ Capital Management
1 question for OSBC
TM
Terry McEvoy
Stephens Inc.
1 question for OSBC
Also covers: ASB, BY, CIVB +9 more
Recent press releases and 8-K filings for OSBC.
Ottawa Bancorp, Inc. Announces Fourth Quarter and Fiscal Year 2025 Results
OSBC
Earnings
Share Buyback
Demand Weakening
- Ottawa Bancorp, Inc. reported net income of $0.3 million ($0.14 per basic and diluted common share) for the three months ended December 31, 2025, a decrease from $0.5 million ($0.21 per share) for the same period in 2024. For the full year ended December 31, 2025, net income increased to $1.7 million ($0.71 per share) from $0.8 million ($0.31 per share) in 2024.
- The company's credit quality significantly improved, with non-performing loans decreasing to $1.2 million at December 31, 2025, from $4.8 million at December 31, 2024, which reduced the ratio of non-performing loans to gross loans from 1.58% to 0.38%.
- The loan portfolio, net of allowance, grew to $305.8 million at December 31, 2025, from $301.7 million at December 31, 2024, and total deposits increased by 5.4% to $298.2 million over the same period.
- Ottawa Bancorp completed its seventh stock repurchase program during the quarter ended September 30, 2025, repurchasing 120,996 shares at an average price of $15.01 per share. Through December 31, 2025, a total of 1,202,370 shares have been repurchased under all programs.
- The net interest margin improved to 3.14% for the three months ended December 31, 2025, from 2.90% for the prior year period, and increased to 3.08% for the full year 2025 from 2.69% in 2024, driven by a higher yield on earning assets and a lower average cost of funds.
1 day ago
Old Second Bancorp Inc. Reports Strong Q4 2025 Earnings with Robust Profitability and Capital Position
OSBC
Earnings
Guidance Update
Share Buyback
- Old Second Bancorp Inc. (OSBC) reported Q4 2025 GAAP net income of $28.8 million, or $0.54 per diluted share, with an adjusted net income of $30.8 million, or $0.58 per diluted share.
- The company achieved a Return on Assets (ROA) of 1.64% and a Return on Average Tangible Common Equity (ROATCE) of 16.15%. The tax equivalent net interest margin (NIM) was 5.09%, an improvement of 4 basis points from the prior quarter and 41 basis points year-over-year, with expectations to remain above 5% in Q1 2026.
- Asset quality saw an increase in non-performing loans by $4.8 million and classified assets by $10 million, while net loan charge-offs were $6 million, primarily from the power sports portfolio. However, special mention or watch loans decreased by $15 million in the quarter.
- Total non-interest expenses declined $10.2 million from the prior linked quarter, and the adjusted tax equivalent efficiency ratio was 51.28%. The company targets mid-single digit loan growth and modest expense growth of approximately 3% for 2026.
- Management indicated that a share buyback is "inevitable" and expected to begin in relatively short order, reflecting strong capital generation.
Jan 22, 2026, 3:00 PM
Old Second Bancorp Reports Strong Q4 2025 Financial Results with Robust Net Interest Margin
OSBC
Earnings
Guidance Update
Share Buyback
- Old Second Bancorp reported Q4 2025 GAAP net income of $28.8 million, or $0.54 per diluted share, with an ROA of 1.64% and a return on average tangible common equity of 16.15%. Excluding certain adjusting items, net income was $30.8 million, or $0.58 per diluted share.
- The company's net interest margin (NIM) was 5.09% for Q4 2025, a 4 basis point improvement from the prior quarter, and is expected to remain above 5% for the full year 2027. The total cost of deposits decreased to 115 basis points for the quarter.
- Asset quality trends included a $4.8 million increase in non-performing loans and a $10 million increase in classified assets, with $6 million of net loan charge-offs primarily from the Powersports portfolio. However, special mention loans saw a $15 million reduction in the quarter.
- Management targets mid-single digit loan growth for 2026 and anticipates modest expense growth of approximately 3% year-over-year for 2026. A share buyback is expected to begin in relatively short order.
Jan 22, 2026, 3:00 PM
Old Second Bancorp Inc. Reports Strong Q4 2025 Earnings and Provides 2026 Outlook
OSBC
Earnings
Guidance Update
Share Buyback
- Old Second Bancorp Inc. (OSBC) reported Q4 2025 GAAP net income of $28.8 million, or $0.54 per diluted share, with an ROA of 1.64% and return on average tangible common equity of 16.15%. Excluding certain items, adjusted net income was $30.8 million, or $0.58 per diluted share.
- The company achieved a strong tax equivalent net interest margin of 5.09% in Q4 2025, a 4 basis point improvement from the prior quarter, while the total cost of deposits decreased to 115 basis points.
- Asset quality saw an increase in non-performing loans by $4.8 million and classified assets by $10 million, with $6 million in net loan charge-offs primarily from the power sports portfolio. However, special mention loans decreased by $15 million.
- Management is targeting mid-single digit loan growth for 2026 and anticipates modest expense growth of approximately 3% year-over-year. A share buyback is considered "inevitable" and expected to commence shortly.
Jan 22, 2026, 3:00 PM
Old Second Bancorp, Inc. Reports Strong Q4 2025 Net Income and Margin Growth
OSBC
Earnings
Dividends
M&A
- Old Second Bancorp, Inc. reported net income of $28.8 million ($0.54 per diluted share) and adjusted net income of $30.8 million ($0.58 per diluted share) for the fourth quarter of 2025.
- The company's net interest margin (tax-equivalent) increased to 5.09% for Q4 2025, up from 5.05% in the prior quarter and 4.68% in the prior year's quarter.
- Total loans reached $5.25 billion at December 31, 2025, an increase of $1.27 billion year-over-year, largely driven by the Bancorp Financial acquisition. Total deposits were $5.60 billion, decreasing by $164.2 million from the previous quarter.
- Nonperforming loans increased to $52.8 million, representing 1.0% of total loans, at December 31, 2025, up from $48.0 million (0.9%) at September 30, 2025.
- A cash dividend of $0.07 per share was declared on January 20, 2026, payable on February 9, 2026.
Jan 21, 2026, 9:05 PM
Ottawa Bancorp, Inc. Announces Q3 2025 Results
OSBC
Earnings
Share Buyback
Demand Weakening
- Ottawa Bancorp, Inc. reported net income of $0.4 million, or $0.18 per basic and diluted common share, for the three months ended September 30, 2025, compared to $0.2 million, or $0.08 per share, for the same period in 2024. For the nine months ended September 30, 2025, net income was $1.4 million, or $0.57 per share, up from $0.3 million, or $0.10 per share, for the nine months ended September 30, 2024.
- The company's asset quality improved, with non-performing loans decreasing to $3.7 million at September 30, 2025, from $4.8 million at December 31, 2024. This reduced the ratio of non-performing loans to gross loans from 1.58% to 1.21%.
- Ottawa Bancorp, Inc. completed its seventh stock repurchase program during the quarter ended September 30, 2025, repurchasing 120,996 shares of its common stock at an average price of $15.01 per share. Since the beginning of the year, tangible book value has increased by 3.7%, or $0.61 per share.
- The net interest margin expanded to 3.09% for the three months ended September 30, 2025, compared to 2.67% for the three months ended September 30, 2024.
Nov 3, 2025, 9:40 PM
Old Second Bancorp Reports Q3 2025 Earnings and Acquisition Impact
OSBC
Earnings
M&A
Dividends
- 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.
- 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.
- 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. The company also announced a 17% increase in its quarterly dividend to $0.07 per share.
Oct 23, 2025, 2:00 PM
Old Second Bancorp Reports Q3 2025 Results, Driven by Evergreen Acquisition
OSBC
Earnings
M&A
Dividends
- 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.
- 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.
- 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.
- 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. Net loan charge-offs were $5.1 million in the quarter.
- 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.
Oct 23, 2025, 2:00 PM
Old Second Bancorp, Inc. Reports Q3 2025 Results and Acquisition Impact
OSBC
Earnings
M&A
Dividends
- 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..
- Adjusted net income, excluding nonrecurring items related to the acquisition, was $28.4 million, or $0.53 per diluted share, for Q3 2025.
- 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.
- Key profitability metrics for Q3 2025 included a net interest margin (tax-equivalent) of 5.05% and an adjusted efficiency ratio of 52.10%.
- The Board of Directors declared a cash dividend of $0.07 per share of common stock, representing a 17% increase.
Oct 22, 2025, 8:05 PM
Quarterly earnings call transcripts for OLD SECOND BANCORP.
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