Company: OSBC
Filing Date: 2025-04-18
Form Type: DEF 14A
Source: 0001558370-25-005000
Chunk: 79

Company: OLD SECOND BANCORP INC
Filing Date: 2025-04-18
Form: DEF 14A
Chunk 79
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 MSR mark to market (loss) gain                                   |            ​ |   -723 | ​ |    ​ | -1,425 | ​ |    ​ |  3,177 | ​ |    ​ |  1,463 | ​ |    ​ | -3,999 |
| Death benefit realized on BOLI                                   |            ​ |   -905 | ​ |    ​ |      - | ​ |    ​ |      - | ​ |    ​ |      - | ​ |    ​ |     57 |
| Liquidation and deconversion costs on Visa credit card portfolio |            ​ |      - | ​ |    ​ |    629 | ​ |    ​ |      - | ​ |    ​ |      - | ​ |    ​ |      - |
| Gain on Visa portfolio sale                                      |            ​ |      - | ​ |    ​ |      - | ​ |    ​ |    743 | ​ |    ​ |      - | ​ |    ​ |      - |
| Gain on the sale of land trust portfolio                         |            ​ |      - | ​ |    ​ |      - | ​ |    ​ |    180 | ​ |    ​ |      - | ​ |    ​ |      - |
| Adjusted net income before taxes                                 |            ​ | 87,074 | ​ |    ​ | 98,873 | - |    ​ | 73,393 | - |    ​ | 46,164 | - |    ​ | 31,792 |
| Tax effect of adjustments                                        |            ​ |    666 | ​ |    ​ |  1,876 | ​ |    ​ |  1,579 | ​ |    ​ |  6,364 | ​ |    ​ |    992 |
| Adjusted Net Income (non-GAAP)                                   |            $ | 86,408 | ​ |    $ | 96,997 | ​ |    $ | 71,814 | ​ |    $ | 39,800 | ​ |    $ | 30,800 |

50

DIRECTOR COMPENSATION We do not pay our “inside” employee-directors any additional compensation for their service as directors. For their service in 2024, we paid our non-employee directors the following cash fees:

| ● | a director service fee of $49,000 ($12,250 payable quarterly). |

| ● | a lead director fee of $25,000 ($6