Old Second Bancorp, Inc.

Old Second Bancorp, Inc. is the bank holding company for Old Second National Bank, which provides community banking services across the United States. The company offers a wide range of deposit products, including consumer and business checking, NOW, money market, savings, and time deposit accounts, as well as certificates of deposit and individual retirement accounts. On the lending side, it provides commercial and industrial loans, commercial real estate loans, multifamily loans, construction and development loans, residential real estate loans (first mortgage, second mortgage, home equity lines of credit), consumer loans (motor vehicle, home improvement, signature loans), installment and agricultural loans, lease financing receivables, and overdraft checking. Additionally, it offers online and mobile banking, corporate cash management services such as remote and mobile deposit capture, investment sweep accounts, zero balance accounts, automated tax payments, ATM access, telephone banking, lockbox accounts, automated clearing house transactions, account reconciliation, controlled disbursement, wire transfers, and vault services. It also provides investment, agency, and custodial services for individual, corporate, and not-for-profit clients.

Old Second Bancorp, Inc. is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol OSBC. The company trades in U.S. dollars (USD), which is the currency of its primary operating market. As a U.S.-based financial institution, all its financial reporting and transactions are conducted in U.S. dollars.

Old Second Bancorp operates in the Financial Services sector, specifically within the Banks - Regional industry. This means it is a regional bank that focuses on providing traditional banking services to individuals, businesses, and institutions in its local markets. As a regional bank, it competes with both larger national banks and smaller community banks, offering a mix of deposit and lending products tailored to the needs of its community.

Old Second Bancorp is headquartered in Aurora, Illinois, United States. The company was founded in 1871 and has a long history of serving customers in the United States. Through its subsidiary, Old Second National Bank, it provides community banking services primarily in the U.S., focusing on deposit and lending products for consumers and businesses. The bank's services are delivered through physical branches, online and mobile banking platforms, and corporate cash management solutions, catering to individual, corporate, and not-for-profit clients.

Old Second Bancorp generates revenue primarily through its banking operations, which include earning interest on loans and investments, as well as fees from deposit accounts and other services. The company's loan portfolio is diversified across commercial and industrial loans, commercial real estate, multifamily, construction and development, residential real estate, consumer loans, installment and agricultural loans, and lease financing. On the deposit side, it offers various checking, savings, money market, and time deposit accounts. Additionally, it earns fee income from corporate cash management services such as remote deposit capture, wire transfers, automated clearing house transactions, and account reconciliation, as well as from investment, agency, and custodial services for individual, corporate, and not-for-profit clients. The bank also provides safe deposit operations and overdraft checking services.