Company: OSBC
Filing Date: 2025-05-06
Form Type: S-4/A
Source: 0001104659-25-045103
Chunk: 171

Company: OLD SECOND BANCORP INC
Filing Date: 2025-05-06
Form: S-4/A
Chunk 171
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 within one year in addition to our ability to borrow funds. Additional sources of liquidity include, but are not limited to, proceeds from principal and interest payments on loans and securities, the availability of federal funds lines from various correspondent banks, the use of wholesale funding and, most recently, the ability to obtain non maturing savings deposits nationwide from our digital platform. Bancorp Financial monitors and manages its liquidity position on a daily basis and on a cash flow basis, which varies depending upon the time period. As the time horizon is expanded, other data is factored in, including estimated loan funding requirements, estimated loan payoffs, investment portfolio maturities

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or calls, and anticipated depository buildups or runoffs. We believe our overall liquidity is sufficient to satisfy our depositors’ requirements and meet our customers’ credit needs.

Bancorp Financial had cash and cash equivalents of $101.7 million at December 31, 2024, a decrease from $119.3 million at year end 2023, representing net cash outflows of $17.6 million. During the year ended December 31, 2024, we had net cash inflows from operating activities of $19.1 million, compared to $17.3 million for the year ended December 31, 2023. Cash inflows provided from investing activities were $22.7 million in 2024, as compared to outflows of $93.4 million in 2023 primarily due to growth in loans in 2023 versus a reduction in loan balances in 2024. Cash flows used in financing activities were $59.3 million in 2024 as compared to cash flows provided by financing activities in 2023 of $75.6 million primarily due to overall reduction in deposits in 2024 as compared to growth in deposits in 2023.

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SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS OF BANCORP FINANCIAL The following table sets forth, as of the Bancorp Financial record date, holdings of Bancorp Financial, Inc. common stock by (a) each director of Bancorp Financial, (b) each executive officer of Bancorp Financial, (c) each person who is known to Bancorp Financial to beneficially own more than 5% of Bancorp Financial’s outstanding common stock, and (d) all directors and executive officers of Bancorp Financial as a group, in each