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Sep 30, 2020
Old Second Q3 2020 Earnings Report
Reported a net income of $10.3 million for the third quarter of 2020.
Key Takeaways
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.
Net income was $10.3 million, or $0.34 per diluted share.
Net interest and dividend income was $22.5 million.
Noninterest income was $11.7 million.
Provision for credit losses was $300,000.
Forward Guidance
No specific forward guidance was provided in the earnings report.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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