OLD SECOND BANCORP INC (OSBC) Form 8-K — Oct 21, 2026
Old Second Bancorp (NASDAQ: OSBC) reported Q3 2026 net income of $28.9 million, or $0.56 per diluted share, up from $28.2 million, or $0.54, in Q2 2026. Adjusted net income was $28.5 million ($0.55 adjusted diluted EPS). Credit quality turned sharply better: nonperforming loans fell to $39.6 million (0.76% of loans) from $56.5 million, classified loans dropped 44% to $74.2 million, and criticized loans fell to 1.88% of loans from 3.05%. Charge-offs of $12.7 million were elevated and concentrated in one commercial relationship plus powersport loans.
Key figures
- Eps
- 0.56
- Revenue
- 84049000
- Net Income
- 28900000
- Revenue Yoy
- net interest and dividend income +$720,000 or 0.86% vs Q2 2026
- Total Assets
- 6778591000
- Cash Position
- 108103000
- Roaa
- 1.69%
- Roatce
- 15.77%
- Dividend
- $0.08/share declared, up 14%, payable November 9, 2026
- Total loans
- $5.24 billion
- Total deposits
- $5.33 billion
- Net charge offs
- $12.7 million
- Classified loans
- $74.2 million vs $132.1 million
- Efficiency ratio
- 52.34%
- Noninterest income
- $13.1 million
- Shares repurchased
- 1,533,104 shares at average $25.76 (~$39.5 million, ~3% of shares)
- Adjusted net income
- $28.5 million ($0.55 adjusted diluted EPS)
- Noninterest expense
- $51.6 million
- Nonperforming loans
- $39.6 million (0.76% of loans vs 1.08%)
- Criticized loans pct
- 1.88% vs 3.05%
- Net interest margin TE
- 5.27%
- Ending shares outstanding
- 49417867
- Provision for credit losses
- $6.8 million
- Tangible book value per share
- 14.75
AI analysis
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