Company: OSBC
Filing Date: 2025-05-06
Form Type: S-4/A
Source: 0001104659-25-045103
Chunk: 195

Company: OLD SECOND BANCORP INC
Filing Date: 2025-05-06
Form: S-4/A
Chunk 195
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 Subject to the terms and conditions of the merger agreement, at the effective time of the merger, each stockholder of the Company will receive 2.5814 shares of Old Second common stock and $15.93 in cash for each share of the Company’s common stock owned by the stockholder. Holders of the Company’s common stock, subject to certain exceptions, will also be entitled to receive cash in lieu of fractional shares of Old Second common stock. The parties to the merger expect to complete the merger in the third quarter of 2025, subject to satisfaction of closing conditions, including receipt of customary required regulatory approvals and the approval of the merger agreement by the Company’s stockholders. Note 2. Securities Carrying amounts and fair values of securities available for sale are summarized as follows:

| December 31, 2024                      | ​ | ​ | AmortizedCost |   |             |   | ​ | ​ | GrossUnrealizedGains |   |        |   | ​ | ​ | GrossUnrealizedLosses |   |            |   | ​ | ​ | FairValue |   |             |   | ​ |
|:---------------------------------------|:--|:--|:--------------|:--|------------:|:--|:--|:--|:---------------------|:--|-------:|:--|:--|:--|:----------------------|:--|-----------:|:--|:--|:--|:----------|:--|------------:|:--|:--|
| U.S. government sponsored agencies     | ​ | ​ | ​             | $ |  20,908,385 | ​ | ​ | ​ | ​                    | $ |      — | ​ | ​ | ​ | ​                     | $ |  1,793,437 | ​ | ​ | ​ | ​         | $ |  19,114,948 | ​ | ​ |
| Residential mortgage-backed securities | ​ | ​ | ​             | ​ |  72,103,221 | ​ | ​ | ​ | ​                    | ​ | 35,972 | ​ | ​ | ​ | ​                     | ​ |  6,717,308 | ​ | ​ | ​ | ​         | ​ |  65,421,885 | ​ | ​ |
| Municipal bonds                        | ​ | ​ | ​             | ​ |  42,147,925 | ​ | ​ | ​ | ​                    | ​ |