Old Second Bancorp, Inc. operates as a bank holding company for Old Second National Bank that provides a range of banking services. The company accepts demand, NOW, money market, savings, time deposit, individual retirement, and checking accounts, as well as certificate of deposit accounts. It also offers revolving lines of credit for working capital; lending for capital expenditures on manufacturing equipment; lending to small business manufactures, service companies, medical and dental entities, and specialty contractors; commercial real estate loans; construction loans; residential real estate loans, such as residential first mortgage loans, second mortgage loans, and home equity line of credit mortgages; consumer loans, including motor vehicle, home improvement, and signature loans; installment and agricultural loans, as well as student loans; and overdraft checking. In addition, the company provides safe deposit services; trust services; wealth management services; and money orders, cashier's checks, foreign currency, direct deposits, discount brokerage, debit and credit cards, and other services, as well as acquires the U.S. treasury notes and bonds. Further, it offers online and mobile banking; corporate cash management products, including remote and mobile deposits capture, investment sweep accounts, zero balance accounts, automated tax payments, automatic teller machines access, telephone banking, lockbox accounts, automated clearing house transactions, account reconciliation, controlled disbursement, detail and general information reporting, wire transfers, and vault services for currency and coin; and investment, agency, and custodial services for individual, corporate, and not-for-profit clients. The company provides its financial services through its 25 banking locations located in Kane, Kendall, DeKalb, DuPage, LaSalle, Will, and Cook counties in Illinois. Old Second Bancorp, Inc. was founded in 1982 and is headquartered in Aurora, Illinois.
Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
SymbolNASDAQ:OSBC
CUSIPN/A
Phone630-892-0202
Debt
Debt-to-Equity Ratio0.50
Current Ratio0.80
Quick Ratio0.80
Price-To-Earnings
Trailing P/E Ratio16.42
Forward P/E Ratio13.87
P/E Growth2.02
Sales & Book Value
Annual Sales$117.88 million
Price / Sales3.89
Cash Flow$0.9233 per share
Price / Cash16.68
Book Value$6.76 per share
Price / Book2.28
Profitability
EPS (Most Recent Fiscal Year)$0.81
Net Income$15.13 million
Net Margins16.78%
Return on Equity14.35%
Return on Assets1.21%
Miscellaneous
Employees450
Outstanding Shares29,750,000
