Old Second Bancorp, Inc. is a bank holding company headquartered in Aurora, Illinois, with over $2.9 billion in consolidated assets at June 30, 2020. Old Second operates through its subsidiary bank, Old Second National Bank, with 29 banking centers across seven counties in northern Illinois.
Company profile
Ticker
OSBC
Exchange
Website
CEO
James Eccher
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Old Second Affordable Housing Fund, L.L.C. • Station I, LLC • Melrose Holdings • River Street Advisors, LLC ...
IRS number
363143493
OSBC stock data
Latest filings (excl ownership)
10-K
2022 FY
Annual report
9 Mar 23
8-K
Results of Operations and Financial Condition
25 Jan 23
8-K
Departure of Directors or Certain Officers
17 Jan 23
8-K
Other Events
3 Jan 23
10-Q
2022 Q3
Quarterly report
8 Nov 22
8-K
Departure of Directors or Certain Officers
27 Oct 22
8-K
Results of Operations and Financial Condition
26 Oct 22
8-K
Other Events
18 Oct 22
8-K
Other Events
3 Oct 22
10-Q
2022 Q2
Quarterly report
8 Aug 22
Transcripts
OSBC
Earnings call transcript
2022 Q4
26 Jan 23
OSBC
Earnings call transcript
2022 Q3
29 Oct 22
OSBC
Earnings call transcript
2022 Q2
30 Jul 22
OSBC
Earnings call transcript
2022 Q1
29 Apr 22
OSBC
Earnings call transcript
2021 Q4
27 Jan 22
OSBC
Earnings call transcript
2021 Q3
21 Oct 21
OSBC
Earnings call transcript
2021 Q2
22 Jul 21
OSBC
Earnings call transcript
2021 Q1
22 Apr 21
OSBC
Earnings call transcript
2020 Q4
28 Jan 21
OSBC
Earnings call transcript
2020 Q3
22 Oct 20
Latest ownership filings
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
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| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 115.18 mm | 115.18 mm | 115.18 mm | 115.18 mm | 115.18 mm | 115.18 mm |
| Cash burn (monthly) | 325.67 k | 53.08 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 983.40 k | 160.27 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 114.19 mm | -45.10 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 350.6 | -0.8 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
11.8% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 143 |
| Opened positions | 25 |
| Closed positions | 12 |
| Increased positions | 48 |
| Reduced positions | 48 |
| 13F shares | Current |
|---|---|
| Total value | 438.61 bn |
| Total shares | 29.27 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 3.27 mm | $52.45 bn |
| Forum Financial Management | 2.98 mm | $47.74 bn |
| FJ Capital Management | 2.32 mm | $37.23 bn |
| Vanguard | 2.14 mm | $34.38 bn |
| Banc Funds | 2.05 mm | $32.89 bn |
| JPM JPMorgan Chase & Co. | 1.06 mm | $17.02 bn |
| Manufacturers Life Insurance Company, The | 1.03 mm | $16.50 bn |
| Stieven Capital Advisors | 976.74 k | $15.67 bn |
| STT State Street | 952.87 k | $15.28 bn |
| Dimensional Fund Advisors | 859.45 k | $13.79 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 23 Mar 23 | Keith Kotche | Old Second Bancorp, Inc. Common Stock | Grant | Acquire A | No | No | 13.75 | 5,455 | 75.01 k | 173,729 |
| 13 Mar 23 | Keith Kotche | Old Second Bancorp, Inc. Common Stock | Grant | Acquire A | No | No | 14.33 | 5,271 | 75.53 k | 168,277 |
| 10 Mar 23 | Keith Kotche | Old Second Bancorp, Inc. Common Stock | Grant | Acquire A | No | No | 15 | 4,847 | 72.71 k | 163,006 |
| 2 Mar 23 | William B Skoglund | Old Second Bancorp, Inc. Common Stock | Gift | Dispose G | No | No | 0 | 8,053 | 0.00 | 50,355 |
| 21 Feb 23 | Edward Bonifas | Old Second Bancorp, Inc. Common Stock | Other | Acquire J | No | No | 0 | 3,077 | 0.00 | 175,331 |
| 21 Feb 23 | Barry Finn | Old Second Bancorp, Inc. Common Stock | Grant | Acquire A | No | No | 0 | 3,077 | 0.00 | 88,737 |
Press releases
O2 Sponsor Finance Provides over $44 Million in Senior Secured Credit Facilities to Support Soundcore Capital Partners' Acquisitions of ACI Asphalt & Concrete, LLC & ACS Asphalt Concrete Solutions
21 Mar 23
Old Second Bancorp, Inc. Reports Fourth Quarter 2022 Net Income of $23.6 Million, or $0.52 per Diluted Share
25 Jan 23