Company: OSBC
Filing Date: 2025-05-08
Form Type: 424B3
Source: 0001104659-25-046065
Chunk: 171

Company: OLD SECOND BANCORP INC
Filing Date: 2025-05-08
Form: 424B3
Chunk 171
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12 months | ​ | ​ | ​    | ​ | 118,766,222 | ​ | ​ | ​ | ​    | ​ | 124,571,423 | ​ | ​ |
| Over 12 months                  | ​ | ​ | ​    | ​ |  61,759,756 | ​ | ​ | ​ | ​    | ​ |  77,433,139 | ​ | ​ |
| ​                               | ​ | ​ | ​    | $ | 314,010,935 | ​ | ​ | ​ | ​    | $ | 326,057,449 | ​ | ​ |

Borrowings In addition to deposits, we used other liquidity sources for our funding needs such as short-term borrowings with the Federal Home Loan Bank (FHLB). Our borrowings at the FHLB require Evergreen Bank Group to be a member and invest in the stock of the FHLB. Total borrowings are generally limited to eligible collateral that has a lending value to its required collateral. At December 31, 2024, our bank had four separate FHLB advances outstanding that totaled $33.5 million, with interest rates ranging from 0.69%-4.46% and maturities ranging from January of 2025 to June of 2029. At December 31, 2023, we had five separate FHLB advances outstanding that totaled $33.5 million with interest rates ranging from 0.69%-3.87% and maturities ranging from June of 2024 to March of 2028. In addition, Bancorp Financial has a line of credit with a third-party bank, which can be used at the holding company level, and the stock in Evergreen Bank Group is collateral for this facility. There was $12.5 million outstanding on the $15.0 million line at December 31, 2024, and there was $14.0 million outstanding on the $18.0 million line at December 31, 2023. Interest on the line of credit facility is payable quarterly at a floating rate at our discretion of either Prime Rate minus 25 basis points or SOFR rate plus 285 basis points. Capital As of December 31, 2024, we had total stockholders’ equity of $149.9 million, an increase of $4.8 million, or 3.3%, from year ended 2023. This increase was primarily due to net income of $