OLD SECOND BANCORP INC. overview

AURORA, IL / ACCESSWIRE / April 17, 2024 / Old Second Bancorp, Inc. (the "Company," "Old Second," "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 2024. Our net income was $21.3 million, or $0.47 per diluted share, for the first quarter of 2024, compared to net income of $18.2 million, or $0.40 per diluted share, for the fourth quarter of 2023, and net income of $23.6 million, or $0.52...

CHICAGO, IL / ACCESSWIRE / April 15, 2024 / O2 Sponsor Finance, a division of Old Second National Bank, announced that it provided senior secured credit facilities to support their client Catalina Finer Food, LLC ("Catalina") in their acquisition of Saugatuck Kitchens, LLC in partnership with shareholders Midwest Growth Partners, Promise Holdings, Gemini Investors, Farragut Capital Partners, Lake Country Capital, SharpVue Capital, and Spring Capital ("the Sponsors"). Catalina, founded in 1974,...

CHICAGO, IL / ACCESSWIRE / March 20, 2024 / O2 Sponsor Finance, a division of Old Second National Bank, today announced that it provided senior secured credit facilities to support Corridor Capital in its acquisition of Association Headquarters, LLC ("Association HQ"). "We are excited to support Corridor Capital in its acquisition of Association HQ. The Company is an industry leader with a strong brand and an exceptional management team. We look forward to supporting the Company's growth" said...

AURORA, IL / ACCESSWIRE / March 7, 2024 / Old Second National Bank (NASDAQ:OSBC) welcomes the addition of Steve Rankins as a Senior Vice President/Senior Managing Director in our Commercial Banking Group. Having over 30 years in commercial banking as a relationship banker, manager and leader, Steve has led banking teams serving and advising privately owned businesses in and around Chicagoland, most recently with Fifth Third Bank and First Midwest Bank. Actively involved in business and community...

AURORA, IL / ACCESSWIRE / March 7, 2024 / Old Second National Bank welcomes the addition of Mike Daniele as Senior Vice President in the Commercial Banking group. Having a career of over 20 years as a relationship banker, Daniele has served and advised privately-owned businesses in and around Chicagoland. Mike Daniele Prior to joining Old Second, Daniele served as a Middle Market Relationship Manager with Fifth Third Bank and Business Banking Relationship Manager with First Midwest Bank. Daniele...

CHICAGO, IL / ACCESSWIRE / February 21, 2024 / O2 Sponsor Finance, a division of Old Second National Bank (NASDAQ:OSBC), today announced that it has promoted Nick O'Brien to Senior Vice President. "We are excited to announce that Nick O'Brien has been promoted to Senior Vice President of O2 Sponsor Finance. Since we started O2 Sponsor Finance, Nick has been instrumental in originating new business to help drive the portfolio's growth and expanding and deepening our sponsor relationships. We look...

AURORA, IL / ACCESSWIRE / January 24, 2024 / Old Second Bancorp, Inc. (the "Company," "Old Second," "we," "us," and "our") (NASDAQ:OSBC), the parent company of Old Second National Bank (the "Bank"), today announced financial results for the fourth quarter of 2023. Our net income was $18.2 million, or $0.40 per diluted share, for the fourth quarter of 2023, compared to net income of $24.3 million, or $0.54 per diluted share, for the third quarter of 2023, and net income of $23.6 million, or $0.52...

CHICAGO, IL / ACCESSWIRE / January 3, 2024 / O2 Sponsor Finance, a division of Old Second National Bank, today announced that it provided $12 million in senior secured credit facilities to support Soundcore Capital Partners' formation of Door & Dock Holdings, LLC ("Door & Dock Holdings") through its investment into both Top Notch Dock & Door and Top Notch Garage Door (collectively "Top Notch") and Premier Overhead Doors ("Premier"). Both Top Notch and Premier are located in Oakwood, GA, and...