Company: OSBC
Filing Date: 2025-05-06
Form Type: S-4/A
Source: 0001104659-25-045103
Chunk: 163

Company: OLD SECOND BANCORP INC
Filing Date: 2025-05-06
Form: S-4/A
Chunk 163
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 The decrease in loans was primarily in the powersport portfolio, which was down $25.3 million, or 3.5%, due to lower originations resulting from tighter underwriting guidelines during the current economic cycle. Commercial real estate loans decreased $26.2 million due to significant payoffs, including a syndication loan. Partially offsetting these declines, commercial loans increased $12.4 million, or 47.2%, due to a large new relationship. Management of Bancorp Financial continues to emphasize loan portfolio quality. While there are no significant concentrations of loans where the customer’s ability to meet contractual loan terms is dependent upon a single economic sector, the powersport category represented 57.7% and 58.2% of the gross loan portfolio at December 31, 2024 and 2023, respectively. This exposure is diversified, with a portfolio of over 85,000 collateralized loans with an average balance of less than $8,300 each and a proven record of repossessing the collateral when needed.

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TABLE OF CONTENTS The following table sets forth the remaining contractual maturities for the specified loan categories as of December 31, 2024: Maturity and Rate Sensitivity of Loans to Changes in Interest Rates

| ​                                     
 (Dollars in thousands)                | ​ 
 ​ | ​ 
 ​ | ​               
 One Yearor Less | ​ |      ​ | ​ | ​ 
 ​ | ​ 
 ​ | After One ButThrough Five Years 
 FixedRate                       |   |         |   | ​ | ​ | FloatingRate |   |        |   | ​ 
 ​ | ​ 
 ​ | After Five ButThrough 15 Years 
 FixedRate                      |   |         |   | ​ | ​ | FloatingRate |   |        |   | ​ 
 ​ | ​ 
 ​ | After 15 Years 
 FixedRate      |   |         |   | ​ | ​ | FloatingRate |   |         |   | ​ 
 ​ | ​ 
 ​ | ​     
 Total | ​ |         ​ | ​ | ​ 
 ​ |
|:--------------------------------------|:--|:--|:----------------|:--|-------:|:--|:--|:--|:--------------------------------|:--|--------:|:--|:--|:--|:-------------|:--|-------:|:--|:--|:--|:-------------------------------|:--|--------:|:--|:--|:--