Old Second Bancorp Inc - Company Profile
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Old Second Bancorp Inc (OSBI) is a bank holding company that offers personal, commercial banking, and wealth management solutions through its Old Second National Bank and other subsidiary entities. It offers a range of retail and corporate deposit services, card products, loans for real estate, cash management, and other related services. OSBI provides wealth management solutions including financial planning, administration of real estate and trusts, custodial, agency services; and other services such as electronic banking, discount brokerage, cash management services, treasury solutions, and residential mortgage products. The company primarily operates in DuPage, Kendall, Kane, DeKalb, LaSalle, and Will counties in Illinois, the US. OSBI is headquartered in Aurora, Illinois, the US.
Headquarters
United States of America
Address
37 S River St, Aurora, Illinois, 60507
Website
www.oldsecond.com
Telephone
1 630 8920202
No of Employees
877
Industry
Financial Services
Ticker Symbol & Exchange
OSBC (NASD)
Revenue (2024)
$341.7M
4.8%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-7%
(2024 vs 2023)
Market Cap*
$1.1B
Net Profit Margin (2024)
XYZ
-11.3%
(2024 vs 2023)
* As of and is in US$
Old Second Bancorp Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Deposits and Accounts: | Discount Brokerage | Old Second |
| Checking | Cash Management | |
| Savings | Automated Tax Payments | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Acquisitions/Mergers/Takeovers | In July, the company completed its previously announced merger with Bancorp Financial, Inc. |
| 2025 | Acquisitions/Mergers/Takeovers | In July, Old Second National Bank merged with Evergreen Bank Group. |
| 2024 | Contracts/Agreements | In December, the company has completed its previously announced purchase of five Illinois branch locations in the Southeast Chicago MSA from First Merchants Bank ("First Merchants"). |
Competitor Comparison
| Key Parameters | Old Second Bancorp Inc | Berkshire Hills Bancorp, Inc. | Brookline Bancorp, Inc. | Byline Bancorp Inc | Lakeland Financial Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Aurora | Boston | Boston | Chicago | Warsaw |
| State/Province | Illinois | Massachusetts | Massachusetts | Illinois | Indiana |
| No. of Employees | 877 | 1,193 | 951 | 1,032 | 632 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| James L. Eccher | Chairman; Chief Executive Officer; President | Executive Board | 2015 | 59 |
| Gary S. Collins | Vice Chairman | Executive Board | 2016 | 66 |
| Bradley S. Adams | Chief Financial Officer; Chief Operating Officer; Executive Vice President | Senior Management | 2017 | 51 |
| Patti Temple Rocks | Director | Non Executive Board | 2015 | 65 |
| John Ladowicz | Director | Non Executive Board | 2008 | 72 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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