Welcome to our dedicated page for Old Second Bancorp Ill news (Ticker: OSBC), a resource for investors and traders seeking the latest updates and insights on Old Second Bancorp Ill stock.
Old Second Bancorp, Inc. (NASDAQ: OSBC) is a bank holding company headquartered in Aurora, Illinois, and the parent of Old Second National Bank. The OSBC news feed highlights company announcements, financial results, acquisition activity and specialty lending transactions that shape the institution’s community banking and sponsor finance profile.
Investors and observers can use this page to follow Old Second’s periodic earnings releases, which present net income, net interest and dividend income, provision for credit losses, noninterest income, noninterest expense, capital ratios and other key metrics. These releases often include management commentary on balance sheet trends, asset quality, capital levels and non-GAAP measures such as adjusted net income, net interest margin on a fully taxable equivalent basis and efficiency ratios.
The OSBC news stream also features updates on corporate actions and strategic transactions. Recent items include the completion of Old Second’s merger with Bancorp Financial, Inc. and the subsequent integration of Evergreen Bank Group into Old Second National Bank. Related news covers branch conversions, expanded access for former Evergreen customers and the resulting footprint across the Chicagoland market.
Another recurring theme in Old Second’s news is the activity of O2 Sponsor Finance, a division of Old Second National Bank. Press releases describe senior secured credit facilities and other cash flow-based financing provided to support private equity sponsors, independent sponsors and family offices in acquisitions or recapitalizations of lower middle market companies. These announcements illustrate Old Second’s role in sponsor finance alongside its traditional community banking operations.
By reviewing the OSBC news page, readers can track developments in Old Second’s earnings performance, capital management, acquisition integration and national sponsor finance activities, all based on company-issued press releases and related disclosures.
Old Second Bancorp (NASDAQ:OSBC) reported Q4 2025 net income of $28.8 million, or $0.54 per diluted share, up $18.9 million from Q3 2025 and up $9.7 million year‑over‑year. Adjusted net income was $30.8 million, or $0.58 per diluted share. Net interest and dividend income was $83.1 million (up $21.5 million, +34.9% YoY). Provision for credit losses was $3.0 million in Q4 2025 versus $19.7 million in Q3 2025 (Q3 included a $13.2 million day‑two purchase accounting charge from the Bancorp Financial acquisition).
Total loans were $5.25 billion (including $1.19 billion acquired), total deposits were $5.60 billion, tangible book value per share rose to $14.12, and the company declared a $0.07 per share cash dividend payable Feb 9, 2026.
O2 Sponsor Finance (NASDAQ:OSBC) served as Administrative Agent and Co-Lead Arranger of senior secured credit facilities to support Paceline Equity Partners and Serata Capital Partners in their acquisition of EventLink Group on December 1, 2025.
EventLink, founded in 2009 and headquartered in Sterling Heights, Michigan, provides planning, execution and measurement of complex experiential events for enterprise clients across automotive, government, adult beverage, sports & entertainment and healthcare sectors. EventLink's management team remains in place and will continue to lead the business.
Old Second Bancorp (NASDAQ:OSBC) reported Q3 2025 net income of $9.9M or $0.18 diluted, down from $21.8M in Q2 2025 and $23.0M in Q3 2024. Results were significantly affected by the July 1, 2025 acquisition of Bancorp Financial.
Adjusted net income was $28.4M ($0.53/share) excluding acquisition-related day-two PCLs, transaction costs and other items. Key balance sheet moves: $1.19B of loans acquired, total assets $6.99B, deposits $5.76B, and tangible book value per share $13.51. The Board declared a $0.07 cash dividend payable Nov 10, 2025.
Old Second Bancorp (Nasdaq:OSBC) completed the systems and brand conversion of Evergreen Bank Group on October 20, 2025, marking the final step in the acquisition and full integration of Evergreen branches into Old Second National Bank.
All former Evergreen locations now operate under the Old Second name and are on Old Second systems, giving former Evergreen customers access to 55 Old Second branches across Chicagoland, unified online and mobile banking, and Old Second products and services.
Customers are directed to oldsecond.com/transition/ebg for details about the transition and available services.
O2 Sponsor Finance, a division of Old Second National Bank (NASDAQ:OSBC), has announced the provision of senior secured credit facilities to support San Francisco Equity Partners (SFEP) in acquiring a majority stake in Formula Corp.
Founded in 1983, Formula Corp is a leading manufacturer of custom blended cleaning products, specializing in sustainable solutions and eco-friendly packaging. The company offers comprehensive services including R&D, formulation, blending, filling, packaging development, regulatory services, and fulfillment for both consumer and professional markets.
The company serves a diverse customer base including national retailers, consumer product brands, and professional cleaning companies, positioning itself as a key player in the sustainable cleaning products sector.
Old Second Bancorp (NASDAQ:OSBC) reported Q2 2025 net income of $21.8 million, or $0.48 per diluted share, compared to $19.8 million in Q1 2025 and $21.9 million in Q2 2024. Adjusted net income reached $22.8 million, or $0.50 per diluted share.
Key financial metrics include a net interest margin of 4.85%, return on average assets of 1.53%, and an efficiency ratio of 55.99%. Total assets stood at $5.7 billion, with total loans of $4.0 billion and deposits of $4.8 billion.
The company completed its acquisition of Bancorp Financial on July 1, 2025, adding $1.4 billion in assets. Asset quality remained strong with nonperforming loans at 0.8% of total loans. The Board declared a cash dividend of $0.06 per share, payable on August 4, 2025.
Old Second Bancorp (NASDAQ:OSBC) has completed its merger with Bancorp Financial, effective July 1, 2025. Under the merger terms, Bancorp Financial shareholders will receive 2.5814 shares of Old Second common stock and $15.93 in cash for each share of Bancorp Financial stock.
The merger includes the integration of Bancorp Financial's subsidiary Evergreen Bank Group into Old Second National Bank. On a proforma basis as of March 31, 2025, the combined entity boasts $6.98 billion in assets, $5.95 billion in deposits, and $5.09 billion in loans, operating across 56 locations in Chicago's downtown, west, and south suburban markets.
As part of the merger, Bancorp Financial's CEO Darin Campbell and CFO Jill Voss have joined Old Second's board of directors, with Campbell also joining Old Second National Bank's board.
Old Second Bancorp (OSBC) reported Q1 2025 net income of $19.8 million ($0.43 per diluted share), up from $19.1 million ($0.42) in Q4 2024, but down from $21.3 million ($0.47) in Q1 2024. Adjusted net income was $20.6 million ($0.45). Net interest income rose to $62.9 million, up 2.1% from Q4 and 5.2% year-over-year. Noninterest income fell 12.1% sequentially and 2.9% year-over-year. Noninterest expense increased 16.4% year-over-year. Tangible book value per share grew to $12.88. Return on average assets was 1.42%, and return on average tangible common equity was 14.70%. Total loans decreased to $3.94 billion. Nonperforming loans dropped to 0.9% of total loans, down from 1.6% a year ago. A $0.06 per share dividend was declared. The company highlighted strong capital ratios and announced a pending acquisition of Evergreen Bank Group to enhance lending capabilities.
Old Second National Bank (NASDAQ:OSBC) subsidiary O2 Sponsor Finance has provided senior secured credit facilities to support RF Investment Partners' majority investment in Valley Vital Care. The deal involves Valley Infusion, and Home Infusion Richmond, , which operate as franchisees within the Vital Care Infusion Services system.
Founded in 2014, Valley Vital specializes in providing infusion therapies across Virginia and West Virginia, offering both in-home and clinic-based treatments focused on acute critical and specialty care infusions. The company serves as a key provider of high-quality, convenient, and cost-effective infusion therapies in their service territories.
Old Second National Bank's (NASDAQ:OSBC) division O2 Sponsor Finance has provided senior secured credit facilities to support Branford Castle Partners' acquisition of Hoffman Engineering. The transaction was completed as part of O2's active financing activities in 2024.
Hoffman Engineering, based in Stamford, Connecticut, is a global leader in night vision test equipment, night vision imaging lighting systems, and commercial aviation LED specialty lighting products. Founded in 1955, the company has established a strong brand reputation in the night vision sector, serving the U.S. military, aerospace and defense OEMs, and commercial airlines.