Company: OSBC
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0000357173-25-000091
Chunk: 4

Company: OLD SECOND BANCORP INC
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1F
Chunk 4
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Item 1. Financial Statements

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Old Second Bancorp, Inc. and Subsidiaries

Consolidated Balance Sheets

(In thousands, except share data)

​​​​​​​​​(unaudited)​​​​​September 30, ​December 31, ​    2025    2024Assets​​​​​​Cash and due from banks​$ 53,099​$ 52,175Interest earning deposits with financial institutions​​ 63,426​​ 47,154Cash and cash equivalents​​ 116,525​​ 99,329Securities available-for-sale, at fair value​​ 1,157,480​​ 1,161,701Federal Home Loan Bank Chicago (“FHLBC”) and Federal Reserve Bank Chicago (“FRBC”) stock​​ 28,282​​ 19,441Loans held-for-sale​​ 1,463​​ 1,556Loans​​ 5,265,014​​ 3,981,336Less: allowance for credit losses on loans​​ 75,037​​ 43,619Net loans​​ 5,189,977​​ 3,937,717Premises and equipment, net​​ 87,714​​ 87,311Other real estate owned​​ 6,416​​ 21,617Mortgage servicing rights, at fair value​​ 9,549​​ 10,374Goodwill​​ 130,262​​ 93,260Core deposit intangible ("CDI")​​ 24,927​​ 22,031Bank-owned life insurance (“BOLI”)​​ 129,057​​ 112,751Deferred tax assets, net​​ 33,374​​ 26,619Other assets​​ 76,728​​ 55,670Total assets​$ 6,991,754​$ 5,649,377​​​​​​​Liabilities​​​​​​Deposits:​​​​​​Noninterest bearing demand​$ 1,738,028​$ 1,704,920Interest bearing:​​​​​​Savings, NOW, and money market​​ 2,763,990​​ 2,315,134Time​​ 1,258,232​​ 748,677Total deposits​​ 5,760,250​​ 4,768,731Securities sold under repurchase agreements​​ 24,290​​ 36,657Other short-term borrowings​​ 165,000​​ 20,000Junior subordinated debentures​​