OSBC - Old Second Bancorp, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Old Second Bancorp, Inc.

37 South River Street
Aurora, IL 60507
United States
630-892-0202
http://www.oldsecond.com

SectorFinancial Services
IndustryBanks - Regional - US
Full Time Employees518

Key Executives

NameTitlePayExercisedYear Born
Mr. James L. EccherCEO, Pres, COO & Director887.92kN/A1965
Mr. Bradley S. AdamsExec. VP & CFO547.98kN/A1974
Mr. Donald J. PilmerExec. VP of Commercial Lending & Chief Lending Officer, Old Second National Bank388.97kN/A1965
Mr. Keith J. GottschalkExec. VP, Digital Banking Services of Old Second National Bank356.37kN/A1962
Mr. Andrew CrouchSr. VP & Sr. Trust Admin. OfficerN/AN/AN/A
Amounts are as of December 31, 2018 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 the 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 and second mortgage loans; 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 29 banking locations located in Cook, DeKalb, DuPage, Kane, Kendall, LaSalle, and Will counties in 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 April 1, 2019 is 7. The pillar scores are Audit: 2; Board: 7; Shareholder Rights: 8; Compensation: 5.

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.