Old Second Bancorp Reports Acquisition, Officer Changes

TL;DR

Old Second Bancorp (OSBC) filed an 8-K on July 1st covering asset deals and exec changes.

AI Summary

On July 1, 2025, Old Second Bancorp, Inc. filed an 8-K report detailing the completion of an acquisition or disposition of assets. The filing also covers the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements for certain officers. Additionally, the report addresses other events and includes financial statements and exhibits.

Why It Matters

This filing signals significant corporate activity, including potential M&A events and changes in leadership, which could impact the company's strategic direction and shareholder value.

Risk Assessment

Risk Level: medium — The filing indicates significant corporate events like acquisitions and changes in officers, which can introduce uncertainty and potential risks.

Key Players & Entities

• OLD SECOND BANCORP INC (company) — Registrant
• July 1, 2025 (date) — Date of earliest event reported
• Delaware (jurisdiction) — State of incorporation
• 36-3143493 (identifier) — I.R.S. Employer Identification No.
• 37 South River Street Aurora, Illinois 60507 (address) — Address of principal executive offices
• 630-892-0202 (phone_number) — Registrant's telephone number

FAQ

From the Filing

0000357173-25-000066.txt : 20250701 0000357173-25-000066.hdr.sgml : 20250701 20250701080018 ACCESSION NUMBER: 0000357173-25-000066 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 19 CONFORMED PERIOD OF REPORT: 20250701 ITEM INFORMATION: Completion of Acquisition or Disposition of Assets ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250701 DATE AS OF CHANGE: 20250701 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 EIN: 363143493 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-10537 FILM NUMBER: 251094186 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 8-K 1 tmb-20250701x8k.htm 8-K Old Second Bancorp, Inc OLD SECOND BANCORP INC 0000357173 false 0000357173 2025-07-01 2025-07-01 ​ I ​ United States Securities And Exchange Commission Washington, D.C. 20549 ​ FORM 8-K ​ Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 1, 2025 (Exact name of registrant as specified in its charter) ​ ​ ​ Delaware 000-10537 36-3143493 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.) ​ 37 South River Street Aurora , Illinois 60507 (Address of principal executive offices) (Zip code) ( 630 ) 892-0202 ( Registrant’s telephone number, including area code) N/A (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below): ☒   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: ​ ​ ​ ​ Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock OSBC The Nasdaq Stock Market ​ ​ ​ Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 under the Securities Act (17 CFR 230.405) or Rule 12b-2 under the Exchange Act (17 CFR 240.12b-2). Emerging growth company   ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   ☐ ​ ​ ​ ​ Item 2.01 Completion of Acquisition or Disposition of Assets. On July 1, 2025, Old Second Bancorp, Inc. (“ Old Second ”) completed its previously announced merger (the “ Merger ”) with Bancorp Financial, Inc. (“ Bancorp Financial ”), pursuant to the Agreement and Plan of Merger dated as of February 24, 2025 (the “ Merger Agreement ”). At the effective time of the Merger (the “ Effective Time ”), Bancorp Financial merged with and into Old Second, with Old Second surviving the Merger.  Immediately