Company: OSBC
Filing Date: 2025-05-08
Form Type: 424B3
Source: 0001104659-25-046065
Chunk: 228

Company: OLD SECOND BANCORP INC
Filing Date: 2025-05-08
Form: 424B3
Chunk 228
---
 of issuance. During the years ended December 31, 2024 and 2023, there were 27,503 and 22,475 shares issued to the recipients, respectively. In accordance with the Incentive Compensation Plan, during the years ended December 31, 2024 and 2023, there were 4,539 and 7,958 shares redeemed, respectively, netted from issued shares to cover recipients’ payroll taxes or to pay the exercise price of an option. Note 10. Income Taxes Deferred taxes consist of the following components:

| ​                                      
 ​                                      
 Deferred tax assets:                   | ​ 
 ​ 
 ​ | ​ 
 ​ 
 ​ | December 31, 
 2024         
 ​            | ​ |          ​ | ​ | ​ 
 ​ | ​ 
 ​ | 2023 
 ​    | ​ |          ​ | ​ | ​ 
 ​ 
 ​ |
|:---------------------------------------|:--|:--|:-------------|:--|-----------:|:--|:--|:--|:-----|:--|-----------:|:--|:--|
| Allowance for credit losses            | ​ | ​ | ​            | $ |  5,048,165 | ​ | ​ | ​ | ​    | $ |  5,163,388 | ​ | ​ |
| Available for sale securities          | ​ | ​ | ​            | ​ |  3,062,860 | ​ | ​ | ​ | ​    | ​ |  2,736,865 | ​ | ​ |
| Stock based compensation               | ​ | ​ | ​            | ​ |  1,486,400 | ​ | ​ | ​ | ​    | ​ |  1,179,131 | ​ | ​ |
| Supplemental executive retirement plan | ​ | ​ | ​            | ​ |    376,082 | ​ | ​ | ​ | ​    | ​ |    328,374 | ​ | ​ |
| Deferred loan fees                     | ​ | ​ | ​            | ​ |  1,856,186 | ​ | ​ | ​ | ​    | ​ |  1,164,281 | ​ | ​ |
| Bonus compensation                     | ​ | ​ | ​            | ​ |    158,903 | ​ | ​ | ​ | ​    | ​ |    242,374 | ​ | ​ |
| Other                                  | ​ | ​ | ​