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Old Second Bancorp, Inc. (OSBC)


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11.65+0.05 (+0.43%)
At close: 4:00PM EDT

11.65 0.00 (0.00%)
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Old Second Bancorp, Inc.

37 South River Street
Main Bank Lobby (River & Downer Streets)
Aurora, IL 60507
United States
630-892-0202
http://www.oldsecond.com

SectorFinancial
IndustryRegional - Midwest Banks
Full Time Employees467

Key Executives

NameTitlePayExercisedAge
Mr. James L. EccherCEO, Pres & Director644.59kN/A51
Mr. Donald PilmerExec. VP of Commercial Lending - Old Second National Bank330.84kN/AN/A
Mr. Keith GottschalkCOO of Old Second National Bank and Exec. VP of Old Second National Bank329.4kN/AN/A
Mr. Bradley S. AdamsChief Financial Officer, Principal Accounting Officer, Exec. VP, Chief Financial Officer of Old Second National Bank, Principal Accounting Officer of Old Second National Bank and Exec. VP of Old Second National BankN/AN/A43
Bob DiCosolaExec. VP of HRN/AN/AN/A
Amounts are as of December 31, 2016 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.

Description

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. 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. As of February 07, 2017, the company provided its financial services through its 27 banking locations across 7 counties in northern Illinois. Old Second Bancorp, Inc. was founded in 1982 and is headquartered in Aurora, Illinois.

Corporate Governance

Old Second Bancorp, Inc.’s ISS Governance QualityScore as of May 1, 2017 is 9. The pillar scores are Audit: 2; Board: 7; Shareholder Rights: 10; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.