OLD SECOND BANCORP INC (OSBC)
2025-06-30 | 2024-09-30 | 2024-06-30 | ||
|---|---|---|---|---|
| Service charges on deposits-Mortgage Servicing | 472 | - | - | |
| Service charges on deposits-Mortgage Banking | 84 | - | - | |
| Service charges on deposits-Fiduciary And Trust | 3,103 | - | - | |
| Service charges on deposits-Deposit Account | 2,788 | - | - | |
| Other income | 1,026 | 1,595 | 742 | |
| Mortgage servicing rights mark to market loss | 531 | 964 | 238 | |
| Change in cash surrender value of boli | 690 | 860 | 820 | |
| Net gain on sales of mortgage loans | 550 | 507 | 468 | |
| Card related income | 2,716 | 2,589 | 2,577 | |
| Represents the death benefit realized from bank owned life insurance during the reporting period | - | 12 | 893 | |
| Gain (loss) on sale of securities, net | - | -1 | - | |
| Fees and commissions, depositor accounts | - | 5,517 | 5,352 | |
| Total noninterest income | 10,898 | 10,581 | 11,127 | |
| Other expense | 3,879 | 3,608 | 3,547 | |
| Legal fees | 388 | 202 | 238 | |
| Salaries and employee benefits | 26,950 | 24,676 | 23,424 | |
| General bank insurance | 328 | 320 | 312 | |
| Occupancy, furniture and equipment | 4,477 | 3,876 | 3,899 | |
| Computer and data processing | 2,692 | 2,375 | 2,184 | |
| Amortization of core deposit intangible | 1,022 | 570 | 574 | |
| Advertising expense | 320 | 299 | 472 | |
| Other real estate expense, net | 35 | 242 | -87 | |
| Net teller & bill paying | 670 | 570 | 578 | |
| Fdic insurance | 642 | 632 | 616 | |
| Card related expense | 1,489 | 1,458 | 1,323 | |
| Consulting & management fees | 527 | 480 | 797 | |
| Total noninterest expense | 43,419 | 39,308 | 37,877 | |
| Provision for credit losses | 2,500 | 2,000 | 3,750 | |
| Interest expense, other short-term borrowings | - | 4,185 | 3,338 | |
| Interest expense | - | 15,494 | 13,533 | |
| Time deposits | 4,508 | 5,539 | 4,961 | |
| Subordinated debentures | 546 | 547 | 546 | |
| Securities sold under repurchase agreements | 56 | 93 | 83 | |
| Savings, now, and money market deposits | 5,606 | 4,860 | 4,317 | |
| Junior subordinated debentures | 288 | 270 | 288 | |
| Total interest expense | 11,004 | - | - | |
| Tax exempt | 1,229 | 1,291 | 1,292 | |
| Taxable | 9,959 | 9,113 | 8,552 | |
| Interest bearing deposits with financial institutions | 1,784 | 616 | 625 | |
| Loans held-for-sale | 39 | 27 | 19 | |
| Loans, including fees | 61,954 | 64,528 | 62,151 | |
| Dividends from fhlbc and frbc stock | 273 | 497 | 584 | |
| Total interest and dividend income | 75,238 | 76,072 | 73,223 | |
| Net interest and dividend income | 64,234 | 60,578 | 59,690 | |
| Net interest and dividend income after provision for credit losses | 61,734 | 58,578 | 55,940 | |
| Income before income taxes | 29,213 | 29,851 | 29,190 | |
| Provision for income taxes | 7,391 | 6,900 | 7,299 | |
| Net income | 21,822 | 22,951 | 21,891 | |
| Earnings per share, basic | 0.49 | 0.52 | 0.48 | |
| Earnings per share, diluted | 0.48 | 0.5 | 0.48 | |
| Weighted average number of shares outstanding, basic | 45,053,650 | 44,850,325 | 44,846,848 | |
| Weighted average number of shares outstanding, diluted | 45,839,465 | 45,679,140 | 45,682,239 | |