Articles from Old Second Bancorp Inc.

CHICAGO, IL / ACCESS Newswire / June 30, 2026 / O2 Sponsor Finance, a division of Old Second National Bank, today announced that it has promoted Chris Gallun to First Vice President.

CHICAGO, IL / ACCESSWIRE / July 11, 2022 / O2 Sponsor Finance, a division of Old Second National Bank, today announced that it provided over $22,800,000 of secured financing to support Cairngorm Capital Partners LLP ("Cairngorm") and SageHome Inc. ("SageHome") in their acquisition of New Bath Today Inc. ("NBT").

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AURORA, IL / ACCESSWIRE / April 5, 2022 / Old Second Bancorp, Inc. (NASDAQ:OSBC) announced that its banking subsidiary, Old Second National Bank ("Old Second"), has again received an overall "Outstanding" rating from the Office of the Comptroller of the Currency ("OCC") in its most recent Community Reinvestment Act ("CRA") Performance Evaluation covering the years 2018 through 2020. In its evaluation, the OCC assessed Old Second's performance in

AURORA, IL / ACCESSWIRE / March 31, 2022 / Sylvia Balogh of Elmhurst has been promoted to Executive Vice President of Retail Banking at Old Second National Bank. She will continue to head the bank's retail banking division which now includes a total of 48 branches across the Chicago Metro market following the acquisition of West Suburban Bank in December of 2021. She brings to the bank over 25 years of banking experience with expertise in

New team will help propel Old Second's growth, leadership position within the banking and private equity industries and better serve customers AURORA, IL / ACCESSWIRE / January 19, 2022 / Old Second Bank announced today the formation of O2 Sponsor Finance based in Chicago with the hire of the following five experienced industry professionals: Joe Gaffigan, Thom Karle, Nick O'Brien, Monica Briseno and Chris Gallun. The new team has been together

AURORA, IL / ACCESSWIRE / December 1, 2021 / Old Second Bancorp, Inc. (NASDAQ:OSBC) ("Old Second") announced today that it has completed its previously announced merger with West Suburban Bancorp, Inc. ("West Suburban"), effective December 1, 2021. Also effective December 1, 2021, West Suburban's subsidiary bank, West Suburban Bank, merged into Old Second's subsidiary bank, Old Second National Bank. Under the terms of the merger agreement, West

AURORA and LOMBARD, IL / ACCESSWIRE / November 30, 2021 / Old Second Bancorp, Inc. (Nasdaq:OSBC) ("Old Second") and West Suburban Bancorp, Inc. ("West Suburban") jointly announced today that each has received shareholder approval for the merger of West Suburban into Old Second in a cash and stock transaction. The merger, which was announced on July 25, 2021, is expected to close on December 1, 2021, subject to satisfaction of customary closing

AURORA, IL / ACCESSWIRE / July 21, 2021 / Old Second Bancorp, Inc. (the "Company," "we," "us," and "our") (NASDAQ:OSBC), the parent company of Old Second National Bank (the "Bank"), today announced financial results for the second quarter of 2021. Our net income was $8.8 million, or $0.30 per diluted share, for the second quarter of 2021, compared to net income of $11.9 million, or $0.40 per diluted share, for the first quarter of 2021, and net

AURORA, IL / ACCESSWIRE / April 21, 2021 / Old Second Bancorp, Inc. (the "Company," "we," "us," and "our") (NASDAQ:OSBC), the parent company of Old Second National Bank (the "Bank"), today announced financial results for the first quarter of 2021. Our net income was $11.9 million, or $0.40 per diluted share, for the first quarter of 2021, compared to net income of $8.0 million, or $0.27 per