← 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total interest and dividend income | $73.4m |
$87.5m
+19.25%
|
$107.6m
+22.98%
|
$115.6m
+7.41%
|
$104.2m
-9.84%
|
$105.2m
+0.96%
|
$216.5m
+105.74%
|
$292.0m
+34.88%
|
$297.9m
+2.03%
|
$355.2m
+19.23%
|
— | |
| Net gain 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 | — | |
| Noninterest income: | ||||||||||||
| Total noninterest income | $28.6m | $30.4m | $31.4m | $35.8m | $37.5m | $39.2m | $43.1m | $34.2m | $43.8m | $46.4m | — | |
| Interest Income (Expense), Net | $63.4m |
$74.9m
+18.03%
|
$90.9m
+21.45%
|
$96.8m
+6.40%
|
$91.8m
-5.18%
|
$96.8m
+5.46%
|
$206.2m
+113.05%
|
$251.9m
+22.20%
|
$241.6m
-4.09%
|
$293.0m
+21.24%
|
$404.1m
+37.93%
|
|
| Labor and Related Expense | $36.2m | $40.1m | $44.2m | $46.9m | $49.5m | $57.7m | $86.6m | $88.6m | $98.0m | $124.7m | — | |
| Salaries and employee benefits | $36.2m | $40.1m | $44.2m | $46.9m | $49.5m | $57.7m | $86.6m | $88.6m | $98.0m | $124.7m | — | |
| Amortization of Intangible Assets | $16k | $96k | $387k | $539k | $494k | $644k | $2.6m | $2.5m | $2.4m | $4.5m | — | |
| Operating Lease, Expense | — | — | — | — | — | $1.2m | $1.9m | $2.1m | $2.4m | $3.0m | — | |
| Noninterest expense: | ||||||||||||
| Total noninterest expense | $66.8m | $69.1m | $77.1m | $79.1m | $81.4m | $103.8m | $151.2m | $145.2m | $159.7m | $204.0m | — | |
| Interest expense: | ||||||||||||
| Interest Expense, Debt | $8k | — | — | — | — | — | — | — | — | — | $75.6m | |
| Interest Expense, Securities Sold under Agreements to Repurchase | — | $17k | $462k | $577k | $202k | $82k | $40k | $93k | $337k | $229k | $75.6m | |
| Total interest expense | $9.9m | $12.6m | $16.7m | $18.8m | $12.5m | $8.5m | $10.3m | $40.0m | $56.3m | $62.2m | — | |
| Debt and Equity Securities, Gain (Loss) | ($2.2m) | $474k | $360k | $4.5m | ($25k) | $232k | ($944k) | ($4.1m) | — | $7k | — | |
| Other income | $4.9m | $4.8m | $5.1m | $5.3m | $3.6m | $2.4m | $5.2m | $4.2m | $4.2m | $5.0m | — | |
| Other expense | $12.8m | $11.3m | $13.5m | $13.3m | $12.2m | $12.6m | $15.5m | $16.8m | $14.8m | $19.6m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $24.5m | $34.3m | $43.9m | $51.9m | $37.4m | $27.9m | $91.5m | $124.4m | $113.0m | $107.8m | $124.2m | |
| Provision for income taxes | $8.8m | $19.2m | $9.9m | $12.4m | $9.6m | $7.8m | $24.1m | $32.7m | $27.7m | $27.4m | — | |
| Current Income Tax Expense (Benefit) | — | — | — | — | — | — | — | — | — | $25.8m | $31.8m | |
| 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%
|
$92.4m
+15.08%
|
|
| Earnings Per Share, Basic | $0.53 | $0.51 | $1.14 | $1.32 | $0.94 | $0.66 | $1.51 | $2.05 | $1.90 | $1.64 | $1.75 | |
| Earnings Per Share, Diluted | $0.53 | $0.50 | $1.12 | $1.30 | $0.92 | $0.65 | $1.49 | $2.02 | $1.87 | $1.62 | $1.73 | |
| Common Stock, Dividends, Per Share, Declared | $0.00 | $0.00 | $0.04 | $0.04 | $0.04 | $0.16 | $0.20 | $0.20 | $0.21 | $0.25 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 29.5m | 29.6m | 29.7m | 29.9m | 29.6m | 30.2m | 44.5m | 44.7m | 44.8m | 48.9m | 52.3m | |
| Weighted Average Number of Shares Outstanding, Diluted | 29.8m | 30.0m | 30.3m | 30.4m | 30.2m | 30.7m | 45.2m | 45.4m | 45.6m | 49.7m | 52.3m | |
| Additional Financial Items | ||||||||||||
| Bank Owned Life Insurance Income | $1.3m | $1.4m | $984k | $1.4m | $1.2m | $1.4m | $718k | $2.1m | $3.6m | $3.2m | — | |
| Equipment Expense | $4.4m | $4.4m | $6.9m | $8.3m | $8.5m | $13.6m | $15.0m | $14.4m | $16.2m | $19.1m | — | |
| Goodwill, Impairment Loss | — | — | $0 | $0 | — | — | — | — | — | — | — | |
| Loans, including fees | $56.0m | $70.7m | $88.8m | $97.7m | $90.9m | $90.7m | $176.4m | $244.2m | $253.3m | $305.8m | — | |
| Loans held-for-sale | $151k | $123k | $127k | $133k | $306k | $165k | $130k | $91k | $94k | $127k | — | |
| Taxable | $15.9m | $10.2m | $9.6m | $9.3m | $6.8m | $8.1m | $31.6m | $37.9m | $34.7m | $38.2m | — | |
| Tax exempt | $842k | $5.9m | $8.3m | $7.4m | $5.5m | $5.2m | $5.3m | $5.3m | $5.2m | $4.9m | — | |
| Dividends from FHLBC and FRBC stock | $0 | $0 | $0 | $1 | $0 | $0 | $1 | $2 | $2 | $2 | — | |
| Interest bearing deposits with financial institutions | $169k | $134k | $334k | $459k | $258k | $656k | $2.2m | $2.5m | $2.4m | $4.6m | — | |
| Savings, NOW, and money market deposits | $789k | $950k | $2.2m | $3.0m | $1.6m | $961k | $1.9m | $8.8m | $17.9m | $27.5m | — | |
| Time deposits | $3.6m | $4.2m | $5.8m | $6.7m | $5.0m | $1.5m | $1.4m | $6.6m | $20.1m | $28.9m | — | |
| Securities sold under repurchase agreements | — | $17k | $462k | $577k | $202k | $82k | $40k | $93k | $337k | $229k | — | |
| Other short-term borrowings | $106k | $758k | $1.4m | $1.8m | $179k | — | $480k | $18.8m | $14.6m | $2.0m | — | |
| Junior subordinated debentures | $4.3m | $4.0m | $3.7m | $3.7m | $2.2m | $1.1m | $1.1m | $1.1m | $1.1m | $1.2m | — | |
| Subordinated debentures | $949k | — | — | — | — | $1.6m | $2.2m | $2.2m | $2.2m | $2.2m | — | |
| Senior notes | $112k | $2.7m | $2.7m | $2.7m | $2.7m | $2.7m | $2.7m | $2.4m | — | — | — | |
| Notes payable and other borrowings | $8k | — | $398k | $384k | $574k | $463k | $446k | $87k | — | $316k | — | |
| Net interest and dividend income | $63.4m | $74.9m | $90.9m | $96.8m | $91.8m | $96.8m | $206.2m | $251.9m | $241.6m | $293.0m | — | |
| Provision for credit losses | — | — | $1.2m | $1.6m | $10.4m | $4.3m | $6.5m | $16.5m | $12.8m | $27.6m | — | |
| Net interest and dividend income after provision for credit losses | $62.7m | $73.1m | $89.7m | $95.2m | $81.3m | $92.4m | $199.6m | $235.4m | $228.9m | $265.4m | — | |
| Service charges on deposits | $6.7m | $6.7m | $16.4m | $17.0m | $15.5m | $18.0m | $21.9m | $21.9m | $23.9m | $26.8m | — | |
| Mortgage servicing rights mark to market loss | ($919k) | ($802k) | ($734k) | ($2.7m) | ($4.0m) | $1.3m | $3.2m | ($1.4m) | ($723k) | ($1.9m) | — | |
| Securities gains (losses), net | ($2.2m) | $474k | $360k | $4.5m | ($25k) | $232k | ($944k) | ($4.1m) | — | $7k | — | |
| Change in cash surrender value of BOLI | $1.3m | $1.4m | $984k | $1.4m | $1.2m | $1.4m | $718k | $2.1m | $3.6m | $3.2m | — | |
| Death benefit realized on BOLI | — | — | $1.0m | $872k | $57k | — | — | — | $905k | $430k | — | |
| Card related income | $4.0m | $4.2m | $4.4m | $4.2m | $5.5m | $6.7m | $11.0m | $10.1m | $10.1m | $10.6m | — | |
| Occupancy, furniture and equipment | $4.4m | $4.4m | $6.9m | $8.3m | $8.5m | $13.6m | $15.0m | $14.4m | $16.2m | $19.1m | — | |
| Computer and data processing | $4.3m | $4.4m | $6.7m | $5.6m | $5.1m | $7.9m | $15.8m | $7.3m | $9.5m | $13.8m | — | |
| FDIC insurance | $865k | $658k | $653k | $176k | $597k | $975k | $2.4m | $2.7m | $2.5m | $2.8m | — | |
| Net teller & bill paying | — | — | — | — | $648k | $874k | $3.7m | $2.1m | $2.2m | $2.7m | — | |
| General bank insurance | $1.1m | $1.0m | $1.0m | $1.0m | $1.0m | $1.2m | $1.2m | $1.2m | $1.3m | $1.4m | — | |
| Amortization of core deposit intangible | $16k | $96k | $387k | $539k | $494k | $644k | $2.6m | $2.5m | $2.4m | $4.5m | — | |
| Advertising expense | $1.6m | $1.5m | $1.6m | $1.2m | $298k | $343k | $589k | $721k | $1.2m | $1.3m | — | |
| Card related expense | $1.5m | $1.3m | $940k | $977k | $2.2m | $2.5m | $4.3m | $5.1m | $5.6m | $6.2m | — | |
| Legal fees | $800k | $650k | $835k | $675k | $761k | $1.1m | $873k | $927k | $1.3m | $1.7m | — | |
| Consulting & management fees | — | — | — | $242k | $760k | $5.0m | $2.4m | $2.4m | $2.5m | $3.9m | — | |
| Other real estate expense, net | $2.7m | $2.2m | $396k | $423k | $651k | $167k | $130k | $399k | $2.2m | $2.1m | — |