Old Second Bancorp Files 8-K: Routine Update, No Material News
Ticker: OSBC · Form: 8-K · Filed: Jan 16, 2024 · CIK: 357173
| Field | Detail |
|---|---|
| Company | Old Second Bancorp Inc (OSBC) |
| Form Type | 8-K |
| Filed Date | Jan 16, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.05 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: administrative, compliance, 8-K
TL;DR
**OSBC filed a routine 8-K, no major news, just administrative updates.**
AI Summary
Old Second Bancorp, Inc. filed an 8-K on January 16, 2024, to report an "Other Event." This filing primarily serves to update administrative information, such as confirming its trading symbol as OSBC on The Nasdaq Stock Market and its status as a non-emerging growth company. For investors, this filing indicates routine compliance and no immediate material changes to the company's operations or financial health, suggesting stability rather than significant new developments.
Why It Matters
This filing is a routine administrative update, confirming basic company information. It matters because it signals no immediate, significant operational or financial changes for Old Second Bancorp, Inc., which can be reassuring for current and prospective shareholders.
Risk Assessment
Risk Level: low — The filing contains only administrative information and does not disclose any events that would introduce new risks or uncertainties.
Analyst Insight
A smart investor would note this as a routine compliance filing, indicating no new material information that would immediately impact investment decisions. It reinforces the company's stable, established status.
Key Numbers
- 000-10537 — Commission File Number (identifies the company's filings with the SEC)
- 36-3143493 — I.R.S. Employer Identification No. (identifies the company for tax purposes)
- 630-892-0202 — Registrant’s telephone number (contact information for the company)
Key Players & Entities
- OLD SECOND BANCORP INC (company) — the registrant filing the 8-K
- OSBC (company) — the trading symbol for Old Second Bancorp, Inc.
- The Nasdaq Stock Market (company) — the exchange where OSBC common stock is registered
- January 16, 2024 (date) — the date of the earliest event reported in the 8-K
- Delaware (company) — state of incorporation for Old Second Bancorp, Inc.
Forward-Looking Statements
- Old Second Bancorp, Inc. will continue to operate without significant immediate changes to its public reporting status. (OLD SECOND BANCORP INC) — high confidence, target: 2024-12-31
FAQ
What is the primary purpose of this 8-K filing by Old Second Bancorp, Inc.?
The primary purpose of this 8-K filing, dated January 16, 2024, is to report an "Other Event" under Item 8.01, which in this case appears to be a routine administrative update of company information, including its trading symbol and exchange.
On which stock exchange is Old Second Bancorp, Inc.'s Common Stock registered?
Old Second Bancorp, Inc.'s Common Stock (trading symbol OSBC) is registered on The Nasdaq Stock Market, as stated in the filing under 'Securities registered pursuant to Section 12(b) of the Act'.
Is Old Second Bancorp, Inc. considered an 'emerging growth company' according to this filing?
No, Old Second Bancorp, Inc. is not considered an 'emerging growth company.' The filing explicitly indicates 'Emerging growth company ☐' with the box unchecked, meaning they have not elected this status.
What is the earliest event reported date in this 8-K filing?
The earliest event reported date in this 8-K filing is January 16, 2024, as specified under 'Date of Report (Date of earliest event reported): January 16, 2024'.
What is the business address of Old Second Bancorp, Inc. as listed in the filing?
The business address of Old Second Bancorp, Inc. is 37 South River Street, Aurora, Illinois 60507, according to the 'BUSINESS ADDRESS' section of the filing.
Filing Stats: 389 words · 2 min read · ~1 pages · Grade level 10.9 · Accepted 2024-01-16 13:30:19
Key Financial Figures
- $0.05 — f Directors declared a cash dividend of $0.05 per share payable on February 5, 2024,
Filing Documents
- tmb-20240116x8k.htm (8-K) — 33KB
- tmb-20240116x8k001.jpg (GRAPHIC) — 11KB
- 0000357173-24-000009.txt ( ) — 258KB
- tmb-20240116.xsd (EX-101.SCH) — 4KB
- tmb-20240116_lab.xml (EX-101.LAB) — 1KB
- tmb-20240116_pre.xml (EX-101.PRE) — 9KB
- tmb-20240116x8k_htm.xml (XML) — 4KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. OLD SECOND BANCORP, INC. Dated: January 16, 2024 By: /s/ Bradley S. Adams Bradley S. Adams Executive Vice President, Chief Operating Officer, and Chief Financial Officer 3