Old Second Bancorp Files 2024 10-K

TL;DR

OSBC filed its 2024 10-K. Shows financial details for 2024 vs 2023.

AI Summary

Old Second Bancorp Inc. filed its 2024 10-K on March 6, 2025, detailing its financial performance for the fiscal year ending December 31, 2024. The filing provides a comprehensive overview of the company's financial position, including details on common stock, retained earnings, and accumulated other comprehensive income for both 2024 and 2023. The company is based in Aurora, Illinois, and operates within the commercial banking sector.

Why It Matters

This filing provides investors with a detailed look at Old Second Bancorp's financial health and performance over the past fiscal year, crucial for investment decisions.

Risk Assessment

Risk Level: low — This is a standard annual financial filing with no immediate red flags.

Key Numbers

• N/A — Total Assets (Specific asset figures are not detailed in the provided text snippet.)
• N/A — Total Liabilities (Specific liability figures are not detailed in the provided text snippet.)
• N/A — Net Income (Specific net income figures are not detailed in the provided text snippet.)

Key Players & Entities

• OLD SECOND BANCORP INC (company) — Filer
• 37 S RIVER ST, AURORA, IL 60507 (location) — Business Address
• 2024-12-31 (date) — Fiscal Year End
• 20250306 (date) — Filing Date

FAQ

From the Filing

0001558370-25-002383.txt : 20250306 0001558370-25-002383.hdr.sgml : 20250306 20250306154603 ACCESSION NUMBER: 0001558370-25-002383 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 134 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250306 DATE AS OF CHANGE: 20250306 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OLD SECOND BANCORP INC CENTRAL INDEX KEY: 0000357173 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] ORGANIZATION NAME: 02 Finance IRS NUMBER: 363143493 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-10537 FILM NUMBER: 25715028 BUSINESS ADDRESS: STREET 1: 37 S RIVER ST CITY: AURORA STATE: IL ZIP: 60507 BUSINESS PHONE: 6308920202 MAIL ADDRESS: STREET 1: 37 SOUTH RIVER STREET CITY: AURORA STATE: IL ZIP: 60507 10-K 1 tmb-20241231x10k.htm 10-K OLD SECOND BANCORP INC_December 31, 2024 0000357173 2024 FY false OLD SECOND BANCORP INC http://fasb.org/us-gaap/2023#OtherAssets http://fasb.org/us-gaap/2023#OtherLiabilities P5Y http://fasb.org/us-gaap/2023#OtherAssets http://fasb.org/us-gaap/2023#OtherLiabilities 68333 0000357173 us-gaap:TreasuryStockCommonMember 2024-12-31 0000357173 us-gaap:RetainedEarningsMember 2024-12-31 0000357173 us-gaap:CommonStockMember 2024-12-31 0000357173 us-gaap:AdditionalPaidInCapitalMember 2024-12-31 0000357173 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-12-31 0000357173 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2024-12-31 0000357173 us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2024-12-31 0000357173 us-gaap:TreasuryStockCommonMember 2023-12-31 0000357173 us-gaap:RetainedEarningsMember 2023-12-31 0000357173 us-gaap:CommonStockMember 2023-12-31 0000357173 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0000357173 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0000357173 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2023-12-31 0000357173 us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2023-12-31 0000357173 us-gaap:TreasuryStockCommonMember 2022-12-31 0000357173 us-gaap:RetainedEarningsMember 2022-12-31 0000357173 us-gaap:CommonStockMember 2022-12-31 0000357173 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0000357173 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0000357173 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2022-12-31 0000357173 us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2022-12-31 0000357173 us-gaap:TreasuryStockCommonMember 2021-12-31 0000357173 us-gaap:RetainedEarningsMember 2021-12-31 0000357173 us-gaap:CommonStockMember 2021-12-31 0000357173 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0000357173 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0000357173 us-gaap:AccumulatedNetUnrealizedInvestmentGainLossMember 2021-12-31 0000357173 us-gaap:AccumulatedNetGainLossFromDesignatedOrQualifyingCashFlowHedgesMember 2021-12-31 0000357173 osbc:EquityIncentivePlan2019Member 2024-12-31 0000357173 osbc:EquityIncentivePlan2019Member 2021-05-31 0000357173 osbc:EquityIncentivePlan2019Member 2019-05-31 0000357173 osbc:EquityIncentivePlan2019Member 2021-05-01 2021-05-31 0000357173 osbc:RestrictedStockAndRestrictedStockUnitsMember 2023-12-31 0000357173 osbc:RestrictedStockAndRestrictedStockUnitsMember osbc:EquityIncentivePlan2019Member 2024-01-01 2024-12-31 0000357173 srt:WeightedAverageMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember osbc:MortgageServicingRightsMember us-gaap:MeasurementInputDiscountRateMember osbc:DiscountedCashFlowValuationTechniqueMember 2024-12-31 0000357173 srt:WeightedAverageMember us-gaap:FairValueInputsLevel3Member us-gaap:FairValueMeasurementsRecurringMember osbc:MortgageServicingRightsMember us-gaap:MeasurementInputConstantPrepaymentRateMember osbc:DiscountedCashFlowValuationTechniqueMember 2024-12-31 0000357173 srt:MinimumMember us-gaap:Fa