Old Second Bancorp, Inc. announced strong financial results for the fourth quarter of 2025, with net income reaching $28.8 million, or $0.54 per diluted share. This represents a substantial increase compared to both the previous quarter and the same period last year, primarily due to reduced acquisition-related costs and higher interest and dividend income.

Old Second Bancorp, Inc. posted net income of $9.9 million ($0.18 per diluted share) for Q3 2025, down from $23.0 million a year ago. Adjusted net income was $28.4 million ($0.53 per diluted share). The quarter was heavily influenced by the acquisition of Bancorp Financial, which increased loan balances and noninterest expenses while boosting interest income. The company maintained solid profitability and strong capital ratios, with a net interest margin of 5.05% and efficiency ratio of 64.46%.

Old Second Bancorp, Inc. reported a net income of $19.8 million, or $0.43 per diluted share, for the first quarter of 2025. This represents an increase from the fourth quarter of 2024 but a decrease compared to the first quarter of 2024. Adjusted net income was $20.6 million, or $0.45 per diluted share.

Old Second Bancorp, Inc. reported a net income of $23.6 million, or $0.52 per diluted share, for the first quarter of 2023. The company's net interest margin increased by 186 basis points compared to the first quarter of 2022. Loans increased $133.7 million in the first quarter.

Old Second Bancorp, Inc. reported a net income of $23.6 million, or $0.52 per diluted share, for the fourth quarter of 2022. The increase in net income was primarily due to net interest and dividend income of $64.1 million.

Old Second Bancorp, Inc. reported a net income of $19.5 million, or $0.43 per diluted share, for the third quarter of 2022. The increase in net income was primarily due to net interest and dividend income of $55.6 million, which increased due to loan growth and market interest rate increases.

Old Second Bancorp, Inc. reported a net income of $12.2 million, or $0.27 per diluted share, for the second quarter of 2022. The increase in net income was primarily due to the increase in net interest and dividend income.

Old Second Bancorp, Inc. reported a net income of $12.0 million, or $0.27 per diluted share, for the first quarter of 2022. The increase in net income was primarily due to net interest and dividend income of $41.2 million and a $3.0 million pre-tax mark to market gain on mortgage servicing rights.

Old Second Bancorp, Inc. reported a net income of $8.8 million, or $0.30 per diluted share, for the second quarter of 2021. The results reflected a $3.5 million pre-tax release of provision for credit losses. Mortgage banking income totaled $1.6 million.

Old Second Bancorp, Inc. reported a strong first quarter in 2021 with net income of $11.9 million, or $0.40 per diluted share, compared to a net income of $0.27 per diluted share in Q4 2020, and $0.01 per diluted share in Q1 2020. The board of directors approved a 400% increase to the quarterly dividend, from $0.01 to $0.05 per common share.

Old Second Bancorp reported a net income of $8.0 million, or $0.27 per diluted share, for the fourth quarter of 2020. The results reflect a decrease in noninterest income year over year, partially offset by an increase in net interest income due to loan fees recorded on forgiven SBA Paycheck Protection Program loans and a decrease in interest expense on deposits due to market interest rate reductions.

Old Second Bancorp reported a net income of $10.3 million, or $0.34 per diluted share, for the third quarter of 2020. This reflects an increase in earnings of $1.0 million from the second quarter of 2020, and a decrease in earnings of $1.9 million from the third quarter of 2019.

Old Second Bancorp reported a net income of $9.2 million for the second quarter of 2020, which translates to $0.31 per diluted share. This includes a negative impact of $0.05 per diluted share due to additional provisions for credit losses related to the COVID-19 pandemic.

Old Second Bancorp reported a net income of $275,000, or $0.01 per diluted share, for the first quarter of 2020. This was negatively impacted by additional provisions for credit losses and mark to market losses on mortgage servicing rights due to the COVID-19 pandemic.

Old Second Bancorp, Inc. reported a net income of $9.5 million, or $0.31 per diluted share, for the fourth quarter of 2019. The results were impacted by net interest margin compression, partially offset by a death benefit realized on BOLI and mark to market gains on mortgage servicing rights.