Company: OSBC
Filing Date: 2025-05-06
Form Type: S-4/A
Source: 0001104659-25-045103
Chunk: 216

Company: OLD SECOND BANCORP INC
Filing Date: 2025-05-06
Form: S-4/A
Chunk 216
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 the term most closely aligning with the remaining lease term. A new lease was added in June 2023 and August 2024. The Company utilized the FHLB fixed rate advance rate as of June 12, 2023 and August 8, 2024 for the term most closely aligning with the lease term for these new leases. Cash paid for amounts included in the measurement of lease liabilities was $1,267,858 for the year ended December 31, 2024. Cash paid for amounts included in the measurement of lease liabilities was $1,230,648 for the year ended December 31, 2023. Future minimum payments under non-cancellable operating leases with terms longer than 12 months, are disclosed below at December 31, 2024. Future minimum payments on shorter term lease are excluded as the amounts are insignificant.

| ​ |                                    Years ending December 31: | ​ | ​ | ​ | ​ |         ​ | ​ | ​ |
|:--|-------------------------------------------------------------:|:--|:--|:--|:--|----------:|:--|:--|
| ​ |                                                         2025 | ​ | ​ | ​ | $ | 1,277,485 | ​ | ​ |
| ​ |                                                         2026 | ​ | ​ | ​ | ​ |   931,562 | ​ | ​ |
| ​ |                                                         2027 | ​ | ​ | ​ | ​ |   212,587 | ​ | ​ |
| ​ |                                                         2028 | ​ | ​ | ​ | ​ |    35,618 | ​ | ​ |
| ​ |                Total future minimum operating lease payments | ​ | ​ | ​ | ​ | 2,457,252 | ​ | ​ |
| ​ |                                Amounts representing interest | ​ | ​ | ​ | ​ |   -68,778 | ​ | ​ |
| ​ | Present value of net future minimum operating lease payments | ​ | ​ | ​ | $ | 2,388,474 | ​ | ​ |

Note 6. Deposits The composition of interest-bearing deposits is as follows:

| ​                                       
 ​                                       | ​ 
 ​ | ​ 
 ​ | December 31, 
 2024         |   |               |   | ​ | ​ | 2023 |   |               |   | ​ 
 ​ |
|:----------------------------------------|:--|:--|:-------------|:--|--------------:|:--