(OSBC) Old Second Bancorp - Ratings and Ratios

Old Second Bancorp, Inc. serves as the bank holding company for Old Second National Bank, a community-focused financial institution with a rich history dating back to its founding in 1887. Headquartered in Aurora, Illinois, the company specializes in providing a comprehensive suite of banking services tailored to individuals, businesses, and not-for-profit organizations. Its product offerings span a wide spectrum, including demand deposits, money market accounts, savings accounts, time deposits, individual retirement accounts, and checking accounts. Additionally, the bank provides a variety of loan products such as commercial loans, lease financing receivables, construction loans, and residential real estate loans, which include first and second mortgages, home equity lines of credit, and home improvement loans. Consumer lending options extend to motor vehicle loans, signature loans, and installment loans, while agricultural loans are also available to support local farming operations. The bank further offers overdraft checking services and a range of ancillary services such as safe deposit boxes, trust and wealth management, and investment services.

In addition to its traditional banking offerings, Old Second Bancorp provides a robust suite of digital banking solutions, including online and mobile banking platforms. Corporate clients benefit from a variety of cash management tools, such as remote deposit capture, investment sweep accounts, and automated tax payment services. The bank also offers vault services for currency and coin, foreign and domestic wire transfers, and a range of transactional services such as automated clearing house (ACH) transactions and account reconciliation. For individual and corporate clients, Old Second Bancorp provides investment, agency, and custodial services, rounding out its comprehensive financial services portfolio. The company’s commitment to community banking is evident in its focus on personalized service and its dedication to supporting local economic development.

From a financial perspective, Old Second Bancorp presents a compelling profile. With a market capitalization of $851.25 million, the company operates with a price-to-earnings (P/E) ratio of 10.14, slightly below its forward P/E of 10.33