Company: OSBC
Filing Date: 2025-04-23
Form Type: S-4
Source: 0001104659-25-037832
Chunk: 133

Company: OLD SECOND BANCORP INC
Filing Date: 2025-04-23
Form: S-4
Chunk 133
---
.0 million. (C) Adjustment to Bancorp Financial loans reflects estimated fair value adjustments, which include the adjustment for the credit component of the loan portfolio, the purchased credit deteriorated (“PCD”) loan CECL gross up, adjustments related to current interest rates and liquidity, and adjustments attributable to the projected sale of the solar loan portfolio.

| ​                                                                             | ​ | ​ | As Presented |   |         |   | ​ | ​ | Attributed toSolar |   |         |   | ​ |
|:------------------------------------------------------------------------------|:--|:--|:-------------|:--|--------:|:--|:--|:--|:-------------------|:--|--------:|:--|:--|
| Estimate of fair value adjustments for the credit component on acquired loans | ​ | ​ | ​            | $ | -28,000 | ​ | ​ | ​ | ​                  | $ |  -4,306 | ​ | ​ |
| Estimate of PCD loan CECL gross-up                                            | ​ | ​ | ​            | ​ |  14,075 | ​ | ​ | ​ | ​                  | ​ |   2,153 | ​ | ​ |
| Estimate of fair value related to current interest rates and liquidity        | ​ | ​ | ​            | ​ | -13,098 | ​ | ​ | ​ | ​                  | ​ | -12,761 | ​ | ​ |
| Net fair value pro forma loan adjustments                                     | ​ | ​ | ​            | $ | -27,023 | ​ | ​ | ​ | ​                  | $ | -14,914 | ​ | ​ |

(D) Adjustments to allowance for credit losses include the following:

| ​                                                                                                        | ​ | ​ | As Presented |   |         |   | ​ | ​ | Attributed toSolar |   |        |   | ​ |
|:---------------------------------------------------------------------------------------------------------|:--|:--|:-------------|:--|--------:|:--|:--|:--|:-------------------|:--|-------:|:--|:--|
| Reversal of historical Bancorp Financial allowance for credit loss                                       | ​ | ​ | ​            | $ | -20,649 | ​ | ​ | ​ | ​                  | $ | -1,005 | ​ | ​ |
| Increase in allowance for credit losses for gross-up for estimateof lifetime credit losses for PCD loans | ​ | ​ | ​            | ​ |