Graf Joins Old Second National Bank

Rhea-AI Summary

Old Second National Bank (NASDAQ:OSBC) appointed Michael Graf as Senior Managing Director and Head of Middle Market Banking. Graf brings over 30 years of experience serving middle market clients in the Chicago area.

His background includes senior roles at First Midwest Bank/Old National Bank and LaSalle Bank.

AI-generated analysis. Not financial advice.

News Market Reaction – OSBC

-2.18%

1 alert

-2.18% News Effect

On the day this news was published, OSBC declined 2.18%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Industry experience: more than 30 years Prior bank tenure: 14 years

2 metrics

Industry experience more than 30 years Experience serving middle market clients in greater Chicago area

Prior bank tenure 14 years Time spent at First Midwest Bank/Old National Bank in leadership roles

Peers on Argus

OSBC is up 1.26% with several regional bank peers also positive (e.g., CTBI +1.3...

OSBC is up 1.26% with several regional bank peers also positive (e.g., CTBI +1.34%, BHRB +0.52%, TMP +0.46%, NBN +0.46%), while BRKL is down 0.99%, suggesting a generally supportive sector backdrop.

Historical Context

4 past events · Latest: May 21 (Positive)

Pattern 4 events

Date	Event	Sentiment	Move	Catalyst
May 21	Sponsor finance deal	Positive	+0.5%	O2 Sponsor Finance provided senior secured credit facilities for Boston Green recap.
Apr 22	Q1 2026 earnings	Positive	-6.4%	Reported Q1 2026 net income of $25.6M with strong margin and dividend.
Mar 31	Sponsor finance deal	Positive	+1.6%	O2 Sponsor Finance provided $30M senior secured facility for Gilman Cheese recap.
Jan 21	Q4 2025 earnings	Positive	-1.0%	Q4 2025 net income of $28.8M and higher adjusted earnings with loan growth.

Pattern Detected

Recent finance and earnings news often showed mixed alignment: positive financing headlines aligned with mild gains, while earnings releases sometimes saw negative price reactions despite solid metrics.

Recent Company History

Over the past six months, OSBC has highlighted growth in sponsor finance and solid profitability. Credit facilities for Boston Green and Gilman Cheese signaled ongoing expansion in O2 Sponsor Finance. Earnings releases on Jan 21, 2026 and Apr 22, 2026 reported strong net income, margin expansion, and capital returns, though price reactions were mixed. Today’s leadership hire at Old Second National Bank fits into this trajectory of building capabilities in middle market and commercial banking.

Regulatory & Risk Context

Short Interest: 4%

Short Interest

4% of float

0% 15% 30%+

low as of 2026-05-29 Days to cover: 5.02

Market Pulse Summary

This announcement highlights Old Second National Bank’s focus on strengthening its middle market fra...

Analysis

This announcement highlights Old Second National Bank’s focus on strengthening its middle market franchise by adding a leader with 30+ years of experience in the Chicago area. In recent months, OSBC emphasized sponsor finance growth and steady profitability, alongside active capital management. Investors may watch how this hire influences middle market loan growth, credit quality, and fee generation relative to the bank’s recent financing and earnings trajectory.

Key Terms

middle market banking, corporate banking

2 terms

middle market banking financial

"Senior Managing Director and Head of Middle Market Banking."

Middle market banking provides tailored financial services—loans, cash management, trade finance and advisory work—to mid-sized companies that are larger than small businesses but smaller than large corporations. Think of it as the specialized neighborhood bank for growing firms: it matters to investors because performance and credit quality in this segment influence loan growth, fee income and risk exposure for banks that serve it, and act as a barometer of broader economic health among established private and public companies.

corporate banking financial

"leadership roles within the Corporate Banking division, most recently serving"

Corporate banking is the set of financial services that banks provide to businesses, including loans, cash and payment management, trade support, and advice on raising or restructuring capital. For investors, it matters because these services determine a company’s access to credit, ability to pay bills, manage foreign transactions and protect against financial risks—like a business’s financial toolbox and lifeline, influencing growth prospects and short‑term stability.

AI-generated analysis. Not financial advice.

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CHICAGO, IL / ACCESS Newswire / June 15, 2026 / Old Second National Bank welcomes the addition of Michael Graf as Senior Managing Director and Head of Middle Market Banking. He has more than 30 years of experience serving middle market clients throughout the greater Chicago area.

 

Prior to joining Old Second, Michael spent 14 years at First Midwest Bank/Old National Bank, where he held a series of leadership roles within the Corporate Banking division, most recently serving as Group Head of Middle Market Banking. Earlier in his career, he held multiple lending positions within the Metropolitan Bank Group at LaSalle Bank in Chicago, culminating in his role as Senior Vice President and Team Lead.

Michael earned his bachelor's degree from Marquette University and holds an MBA from Loyola University Chicago. He remains actively engaged with Marquette University as a mentor within the College of Business Administration. In addition, he is a longtime member of several professional and civic organizations, including the Association for Corporate Growth and the Turnaround Management Association, and he is involved with the Chicago Southland Economic Development Corporation. Michael also serves on the Chairman's Advisory Council of the Big Shoulders Fund.

About Old Second Bancorp, Inc.: Old Second Bancorp, Inc., headquartered in Aurora, Illinois, is the bank holding company for Old Second National Bank, which celebrated 150 years of operation in 2021. Old Second's common stock trades on The NASDAQ Stock Market under the symbol "OSBC". More information about Old Second is available by visiting the "Investor Relations" section of its website: www.oldsecond.com.

As of March 31, 2026, Old Second has approximately $6.8 billion in assets, $5.6 billion in deposits and $5.2 billion in loans.

Old Second National Bank, Member FDIC.

Contact:

Bradley S. Adams EVP, Chief Operating Officer and Chief Financial Officer (630) 906-5484

SOURCE: Old Second Bancorp Inc.

View the original press release on ACCESS Newswire

FAQ

Who is Michael Graf, the new Head of Middle Market Banking at Old Second (OSBC)?

Michael Graf is Old Second’s new Senior Managing Director and Head of Middle Market Banking. According to Old Second, he has over 30 years of experience serving middle market clients across the greater Chicago area and has held multiple senior banking leadership roles.

What experience does Michael Graf bring to Old Second (OSBC) Middle Market Banking?

Michael Graf brings more than three decades of middle market banking experience in the Chicago region. According to Old Second, he previously spent 14 years in leadership positions at First Midwest Bank/Old National Bank and earlier held senior lending roles at LaSalle Bank.

What were Michael Graf’s previous roles before joining Old Second (OSBC)?

Before joining Old Second, Michael Graf held leadership roles at First Midwest Bank/Old National Bank. According to Old Second, he most recently served as Group Head of Middle Market Banking and earlier was Senior Vice President and Team Lead at LaSalle Bank in Chicago.

What is Michael Graf’s educational background as Old Second (OSBC) appoints him to a leadership role?

Michael Graf holds a bachelor’s degree from Marquette University and an MBA from Loyola University Chicago. According to Old Second, he remains active with Marquette as a mentor and is engaged in several professional and civic organizations in the Chicago business community.

How is Michael Graf involved in professional and civic organizations related to Old Second’s (OSBC) markets?

Michael Graf is active in several professional and civic groups supporting corporate and regional economic development. According to Old Second, he participates in the Association for Corporate Growth, Turnaround Management Association, Chicago Southland Economic Development Corporation, and serves on the Chairman's Advisory Council of the Big Shoulders Fund.