← OLD SECOND BANCORP INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $15.7m |
$15.1m
-3.48%
|
$34.0m
+124.68%
|
$39.5m
+16.00%
|
$27.8m
-29.48%
|
$20.0m
-27.96%
|
$67.4m
+236.29%
|
$91.7m
+36.09%
|
$85.3m
-7.05%
|
$80.3m
-5.81%
|
— | |
| Depreciation, Depletion and Amortization | $2.3m | $2.3m | $2.4m | $2.5m | $2.8m | $3.2m | $4.1m | $4.5m | $5.6m | $6.1m | $10.6m | |
| Amortization of Debt Issuance Costs | $48k | $48k | $47k | $48k | $643k | — | — | — | — | $1k | — | |
| Amortization of Intangible Assets | $16k | $96k | $387k | $539k | $494k | $644k | $2.6m | $2.5m | $2.4m | $4.5m | — | |
| Net premium / discount amortization on securities | ($638k) | $1.9m | $3.0m | $2.7m | $2.3m | $2.9m | $5.2m | $3.3m | $2.7m | $1.9m | — | |
| Depreciation of fixed assets and amortization of leasehold improvements | $2.3m | $2.3m | $2.4m | $2.5m | $2.8m | $3.2m | $4.1m | $4.5m | $5.6m | $6.1m | $10.6m | |
| Amortization of operating lease right-of-use asset | — | — | — | — | — | — | $174k | $758k | $1.1m | $562k | — | |
| Amortization of core deposit intangibles | $16k | $96k | $387k | $539k | $494k | $644k | $2.6m | $2.5m | $2.4m | $4.5m | — | |
| Amortization of junior subordinated debentures issuance costs | $48k | $48k | $47k | $48k | $643k | — | — | — | — | $1k | — | |
| Deferred Income Tax Expense (Benefit) | $8.4m | $21.6m | $9.8m | $6.4m | ($646k) | $6.5m | — | — | — | $1.6m | ($831k) | |
| Deferred tax expense (benefit) | $8.4m | $13.7m | $9.8m | $6.4m | ($646k) | $6.5m | $969k | $1.9m | ($1.4m) | $1.6m | — | |
| Share-based Payment Arrangement, Noncash Expense | $657k | $1.2m | $2.3m | $2.5m | $2.1m | $1.4m | $3.0m | $3.6m | $3.9m | $5.5m | $5.9m | |
| Share-based Payment Arrangement, Expense | — | — | — | — | — | $1.4m | $3.0m | $3.6m | $4.1m | $5.8m | $5.9m | |
| Goodwill, Impairment Loss | — | — | $0 | $0 | — | — | — | — | — | — | $0 | |
| Change in accrued interest receivable and other assets | ($53k) | ($4.5m) | $1.2m | ($6.3m) | ($17.7m) | $6.9m | ($940k) | ($5.9m) | $4.1m | $8.8m | — | |
| Change in accrued interest payable and other liabilities | $967k | $1.6m | $1.4m | $6.9m | $6.1m | ($11.2m) | $6.2m | $6.0m | $13.5m | ($10.2m) | — | |
| Transfer of fixed assets to other assets | — | — | — | — | — | — | $4.6m | $582k | $1.1m | $1.4m | — | |
| Net Cash Provided by (Used in) Operating Activities | $27.3m |
$37.1m
+36.14%
|
$54.9m
+47.98%
|
$52.6m
-4.13%
|
$26.0m
-50.63%
|
$31.0m
+19.47%
|
$97.3m
+213.54%
|
$116.4m
+19.58%
|
$131.5m
+13.00%
|
$122.3m
-7.05%
|
$145.7m
+19.17%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | ($1k) | $10k | — | $32k | — | — | $2.0m | $623k | $31k | $742k | ($3.2m) | |
| Payments to Acquire Property, Plant, and Equipment | $2.0m | $1.1m | $1.9m | $4.4m | $3.9m | $2.0m | $4.3m | $12.4m | $10.8m | $4.5m | ($3.5m) | |
| Equipment Expense | $4.4m | $4.4m | $6.9m | $8.3m | $8.5m | $13.6m | $15.0m | $14.4m | $16.2m | $19.1m | — | |
| Proceeds from disposition of premises and equipment | — | $13k | — | $32k | — | — | $13.3m | $4.5m | — | $2.2m | — | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $78.3m | $117.4m | $40.6m | $41.8m | $48.1m | $138.9m | $279.8m | $186.0m | $304.2m | $279.6m | — | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | — | — | — | $232k | ($944k) | ($4.1m) | — | $7k | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $181.4m | — | $35.7m | — | — | ($149.0m) | $146k | — | ($237.4m) | ($10.5m) | — | |
| Net Cash Provided by (Used in) Investing Activities | ($123.1m) | ($132.5m) | ($25.8m) | $42.2m | ($103.8m) | $132.9m | ($432.8m) | $161.6m | $322.7m | $159.8m | $196.3m | |
| Cash flows from financing activities: | ||||||||||||
| Debt and Equity Securities, Gain (Loss) | — | — | $360k | $4.5m | ($25k) | $232k | ($944k) | ($4.1m) | — | $7k | — | |
| Net change in other short-term borrowings | $55.0m | $45.0m | $23.6m | ($101.0m) | ($48.5m) | — | $90.0m | $315.0m | ($385.0m) | $179.5m | — | |
| Net change in notes payable and other borrowings, excluding term note | ($500k) | — | ($8.1m) | ($8.8m) | ($307k) | ($315k) | ($6.1m) | ($9.0m) | — | — | — | |
| Payments for Repurchase of Common Stock | $254k | $236k | $505k | $666k | $5.9m | $10.4m | $455k | $605k | $1.0m | $7.4m | — | |
| Payments of Ordinary Dividends, Common Stock | $1 | $1 | $1 | $1 | $1 | $5 | $9 | $9 | $9 | $12 | ($14.1m) | |
| Dividends paid on common stock | ($1) | ($1) | ($1) | ($1) | ($1) | ($5) | ($9) | ($9) | ($9) | ($12) | ($14.1m) | |
| Net Cash Provided by (Used in) Financing Activities | — | $103.9m |
($29.7m)
-128.56%
|
($99.5m)
-235.26%
|
$357.1m
+459.06%
|
$258.2m
-27.68%
|
($301.5m)
-216.75%
|
($293.0m)
+2.82%
|
($455.1m)
-55.31%
|
($257.4m)
+43.44%
|
($340.5m)
-32.29%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | ($4.6m) | $279.3m | $422.2m | ($636.9m) | ($15.0m) | ($816k) | $24.7m | $143.3m | |
| Cash and cash equivalents at beginning of year | — | $55.8m | $55.2m | $50.6m | $329.9m | $752.1m | $115.2m | $100.1m | $99.3m | $124.0m | $141.8m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $50.6m | $329.9m | $752.1m | $115.2m | $100.1m | $99.3m | $124.0m | $143.3m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Provision for Loan, Lease, and Other Losses | — | — | — | — | $10.4m | $4.3m | $6.5m | $16.5m | $12.8m | $27.6m | $39.7m | |
| Bank Owned Life Insurance Income | $1.3m | $1.4m | $984k | $1.4m | — | — | — | — | — | — | — | |
| Proceeds from Stock Options Exercised | $11k | — | $33k | $32k | — | — | — | — | — | — | — | |
| Parent Company | $888k | $1.2m | $1.2m | $1.2m | $1.2m | $4.6m | $8.9m | $8.9m | $9.4m | $12.2m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Income Taxes Paid, Net | $211k | $430k | $20k | $4.4m | $7.9m | $10.6m | $10.3m | $35.7m | $23.0m | $20.7m | — | |
| Additional Financial Items | ||||||||||||
| Derivative, Gain (Loss) on Derivative, Net | — | $1.3m | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Sale of Mortgage Loans | $6.3m | $4.8m | $3.8m | $5.1m | $15.5m | $9.3m | $2.0m | $1.5m | $1.8m | $2.3m | — | |
| Gain (Loss) on Termination of Lease | — | — | — | — | — | — | — | — | ($46k) | — | — | |
| Goodwill | — | — | — | — | — | $86.3m | $86.5m | $86.5m | $93.3m | $129.2m | $0 | |
| Income Tax Expense (Benefit) | $8.8m | $19.2m | $9.9m | $12.4m | $9.6m | $7.8m | $24.1m | $32.7m | $27.7m | $27.4m | — | |
| Operating Lease, Expense | — | — | — | — | — | $1.2m | $1.9m | $2.1m | $2.4m | $3.0m | — | |
| Securities (gains)/losses, net | $2.2m | ($474k) | ($360k) | ($4.5m) | $25k | ($232k) | $944k | $4.1m | — | ($7k) | — | |
| Provision for credit losses | — | — | $1.2m | $1.6m | $10.4m | $4.3m | $6.5m | $16.5m | $12.8m | $27.6m | — | |
| Originations of loans held-for-sale | ($194.9m) | ($146.9m) | ($133.9m) | ($164.7m) | ($384.4m) | ($239.2m) | ($76.6m) | ($52.1m) | ($58.0m) | ($85.7m) | — | |
| Proceeds from sales of loans held-for-sale | $197.7m | $151.3m | $137.6m | $168.5m | $388.5m | $254.4m | $81.8m | $52.2m | $58.8m | $84.9m | — | |
| Net gains on sales of mortgage loans | ($6.3m) | ($4.8m) | ($3.8m) | ($5.1m) | ($15.5m) | ($9.3m) | ($2.0m) | ($1.5m) | ($1.8m) | ($2.3m) | — | |
| Mortgage servicing rights mark to market loss | $919k | $802k | $734k | $2.7m | $4.0m | ($1.3m) | ($3.2m) | $1.4m | $723k | $1.9m | — | |
| Net accretion of discount on loans | ($605k) | ($1.3m) | ($1.7m) | ($1.0m) | ($911k) | ($1.2m) | ($6.3m) | ($3.1m) | ($422k) | ($3.1m) | — | |
| Net change in cash surrender value of BOLI | — | — | ($984k) | ($1.4m) | ($1.2m) | ($1.4m) | ($718k) | ($2.1m) | ($3.6m) | ($3.2m) | — | |
| Net gains on sale of other real estate owned | ($374k) | ($474k) | ($792k) | ($264k) | ($204k) | ($41k) | ($163k) | ($256k) | ($390k) | ($201k) | — | |
| Provision for other real estate owned valuation losses | $1.6m | $1.7m | $581k | $519k | $357k | $79k | $104k | $269k | $1.7m | $681k | — | |
| Net gains on disposal and transfer of fixed assets | $1k | ($10k) | — | ($32k) | — | — | ($2.0m) | ($623k) | ($31k) | ($742k) | — | |
| Change in current income taxes receivable | $260k | ($2.5m) | $1.7m | $1.5m | $811k | ($9.3m) | $12.0m | ($4.9m) | $6.0m | $4.3m | — | |
| Accretion of purchase accounting adjustment on time deposits | — | — | ($100k) | ($38k) | — | ($155k) | ($1.6m) | ($1.2m) | ($235k) | ($837k) | — | |
| Payments on operating lease payable | — | — | — | — | — | — | ($191k) | ($478k) | ($1.3m) | ($231k) | — | |
| Stock based compensation | $657k | $1.2m | $2.3m | $2.5m | $2.1m | $1.4m | $3.0m | $3.6m | $3.9m | $5.5m | $5.9m | |
| Proceeds from maturities and calls, including pay down of securities available-for-sale | $78.3m | $117.4m | $40.6m | $41.8m | $48.1m | $138.9m | $279.8m | $186.0m | $304.2m | $279.6m | — | |
| Proceeds from sales of securities available-for-sale | $306.4m | $232.5m | $94.7m | $191.3m | $18.0m | $605.8m | $31.0m | $205.7m | $5.3m | $125.9m | — | |
| Purchases of securities available-for-sale | ($210.7m) | ($343.5m) | ($75.0m) | ($159.5m) | ($65.2m) | ($886.1m) | ($301.6m) | ($13.4m) | ($265.5m) | ($191.6m) | — | |
| Net (purchases) redemptions of FHLBC/FRBC stock | $600k | ($2.2m) | ($295k) | $3.5m | — | — | ($7.3m) | ($12.8m) | $13.9m | ($10.6m) | — | |
| Net change in loans | ($125.5m) | ($141.7m) | ($52.7m) | ($34.4m) | ($103.9m) | $122.1m | ($443.9m) | ($197.6m) | $34.7m | ($75.8m) | — | |
| Purchases of BOLI policies | — | — | — | — | ($590k) | ($591k) | ($590k) | ($590k) | ($1.1m) | ($1.1m) | — | |
| Proceeds from claims on BOLI, net of claims receivable | — | — | $1.2m | $1.2m | $484k | — | — | — | $1.2m | $433k | — | |
| Proceeds from sales of other real estate owned, net of participations | $7.8m | $6.1m | $4.8m | $2.8m | $3.3m | $5.8m | $941k | $2.0m | $3.2m | $24.7m | — | |
| Cash paid for acquisition, net of cash and cash equivalents retained | ($181.4m) | — | ($35.7m) | — | — | $149.0m | ($146k) | — | $237.4m | $10.5m | — | |
| Net change in deposits | $58.8m | $56.1m | ($54.6m) | $10.1m | $410.3m | $235.1m | ($353.9m) | ($538.8m) | ($69.8m) | ($404.3m) | — | |
| Net change in securities sold under repurchase agreements | ($8.4m) | $4.2m | $11.1m | $2.1m | $18.3m | ($16.6m) | ($18.2m) | ($5.7m) | $10.2m | ($12.9m) | — | |
| Repayment of term note | — | — | — | — | ($3.0m) | ($4.0m) | ($4.0m) | ($9.0m) | — | — | — | |
| Purchase of treasury stock | ($254k) | ($236k) | ($505k) | ($666k) | ($5.9m) | ($10.4m) | ($455k) | ($605k) | ($1.0m) | ($7.4m) | — | |
| Net change in cash and cash equivalents | $7.0m | $8.5m | ($598k) | ($4.6m) | $279.3m | $422.2m | ($636.9m) | ($15.0m) | ($816k) | $24.7m | — | |
| Interest paid for deposits | $5.3m | $7.4m | $8.3m | $9.1m | $5.1m | $5.4m | $6.8m | $24.2m | $18.4m | $5.6m | — | |
| Operating leases recognized | — | — | — | — | — | — | — | $6.7m | $1.2m | $1.7m | — | |
| Transfer of loans to other real estate owned | $1.2m | $3.7m | $2.9m | $863k | $898k | $196k | $87k | $5.6m | $21.1m | $5.0m | — | |
| Total fair value of assets acquired | — | — | — | — | — | — | — | — | $24.4m | $1.4b | — | |
| Total fair value of liabilities assumed | — | — | — | — | — | — | — | — | $268.6m | $1.3b | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.