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    Old Second Bancorp Inc. (OSBC)

    5.41 0.00(0.00%) Mar 4, 4:00PM EST
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    Old Second Bancorp Inc.
    37 South River Street
    Aurora, IL 60507
    United States - Map
    Phone: 630-892-0202
    Website: http://www.oldsecond.com

    Index Membership:N/A
    Industry:Regional - Midwest Banks
    Full Time Employees:N/A

    Business Summary 

    Old Second Bancorp, Inc. operates as the bank holding company for Old Second National Bank that provides banking services. It offers demand, NOW, money market, savings, time deposit, individual retirement and Keogh deposit accounts; lines of credit for working capital; lending for capital expenditures on manufacturing equipment; and lending to small business manufactures, service companies, and medical and dental entities, as well as specialty contractors. The company also provides commercial real estate loans; construction loans; residential real estate loans comprising residential first mortgages, second mortgages, and home equity line of credit mortgages; consumer loans, including motor vehicle, home improvement, and signature loans, as well as small personal credit lines; and installment loans, student loans, agricultural loans, and overdraft checking. In addition, it offers safe deposit services; trust and wealth management services; and various services, such as travelerÂ’s checks, money orders, cashierÂ’s checks, foreign currency, direct deposits, discount brokerage, debit cards, credit cards, and other special services, as well as acquisition of U.S. Treasury notes and bonds. Further, the company provides electronic banking services, such as online and mobile banking; and corporate cash management products, including remote and mobile deposits capture, investment sweep accounts, zero balance accounts, automated tax payments, ATM access, telephone banking, lockbox accounts, automated clearing house transactions, account reconciliation, controlled disbursement, detail and general information reporting, wire transfers, vault services for currency and coin, and checking accounts, as well as offers investment, agency, and custodial services. As of December 31, 2013, it operated through a network of 27 banking locations located in Chicago. The company was founded in 1982 and is headquartered in Aurora, Illinois.

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    Key Executives 
    Mr. James L. Eccher , 49
    Chief Exec. Officer, Pres, Director, Chairman of Loan Committee, Member of Exec. Committee, Member of E-Banking Committee, Member of Investment & A/L Committee, Member of Capital Committee, Member of Risk Committee, Member of Trust Committee and Director of Old Second National Bank
    Mr. J. Douglas Cheatham , 58
    Chief Financial Officer, Principal Accounting Officer, Exec. VP, Sec., Director, Member of Exec. Committee, Member of E-Banking Committee, Member of Investment & A/L Committee, Member of Risk Committee, Member of Capital Committee, Member of Loan Committee and Director of Old Second National Bank
    Mr. Don Pilmer ,
    Exec. VP of Old Second Bank and Head of Commercial Banking for Old Second Bank
    Mr. Keith Gottschalk ,
    Chief Operating Officer of Old Second Bank
    Mr. James E. Benson , 84
    Director Emeritus and Consultant of Second National Bank
    Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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