Company: OSBC
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000357173-25-000076
Chunk: 4

Company: OLD SECOND BANCORP INC
Filing Date: 2025-08-07
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)​​​​​June 30, ​December 31, ​    2025    2024Assets​​​​​​Cash and due from banks​$ 63,484​$ 52,175Interest earning deposits with financial institutions​​ 78,283​​ 47,154Cash and cash equivalents​​ 141,767​​ 99,329Securities available-for-sale, at fair value​​ 1,177,688​​ 1,161,701Federal Home Loan Bank Chicago (“FHLBC”) and Federal Reserve Bank Chicago (“FRBC”) stock​​ 19,087​​ 19,441Loans held-for-sale​​ 3,235​​ 1,556Loans​​ 3,998,667​​ 3,981,336Less: allowance for credit losses on loans​​ 42,990​​ 43,619Net loans​​ 3,955,677​​ 3,937,717Premises and equipment, net​​ 85,702​​ 87,311Other real estate owned​​ 6,486​​ 21,617Mortgage servicing rights, at fair value​​ 9,680​​ 10,374Goodwill​​ 93,232​​ 93,260Core deposit intangible​​ 19,972​​ 22,031Bank-owned life insurance (“BOLI”)​​ 114,399​​ 112,751Deferred tax assets, net​​ 20,395​​ 26,619Other assets​​ 53,974​​ 55,670Total assets​$ 5,701,294​$ 5,649,377​​​​​​​Liabilities​​​​​​Deposits:​​​​​​Noninterest bearing demand​$ 1,704,083​$ 1,704,920Interest bearing:​​​​​​Savings, NOW, and money market​​ 2,400,235​​ 2,315,134Time​​ 694,121​​ 748,677Total deposits​​ 4,798,439​​ 4,768,731Securities sold under repurchase agreements​​ 47,252​​ 36,657Other short-term borrowings​​ -​​ 20,000Junior subordinated debentures​​ 25,774​​ 25,773