OverviewSuggest Edit

Old Second Bancorp operates as a bank holding company for Old Second National Bank that provides a range of banking services. The Company accepts deposits and offers lending of various types. In addition, it provides safe deposit services, trust services, wealth management services, foreign currency, direct deposits, debit and credit cards, and other services, as well as acquires the U.S. treasury notes and bonds. Further, the Company offers online and mobile banking, corporate cash management products, automated tax payments, automatic teller machines access, telephone banking, lockbox accounts, wire transfers, and vault services for currency and coin. It also provides investment, agency, and custodial services for individual, corporate, and not-for-profit clients.

HQAurora, IL, US
Employee Ratings2.8

Latest Updates

Employees (est.) (Dec 2019)535(+4%)
Job Openings33
Revenue (FY, 2020)$37.5 M(+5%)
Share Price (Nov 2021)$13.8
Cybersecurity ratingAMore
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Key People/Management at Old Second

Kathy Diedrick

Kathy Diedrick

1st Vice President
Richard A. Gartelmann

Richard A. Gartelmann

Executive Vice President, Head of Wealth Management
Mike Cava

Mike Cava

Vice President, Senior Portfolio Manager
Andrew Crouch

Andrew Crouch

Senior Vice President, Head of Trust and Fiduciary Services, Trust Counsel
Sylvia Balogh

Sylvia Balogh

Senior Vice President
Jacqueline A. Runnberg

Jacqueline A. Runnberg

Senior Vice President, Wealth Advisor
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Old Second Office Locations

Old Second has an office in Aurora
Aurora, IL, US (HQ)
37 S River St
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Old Second Financials and Metrics

Old Second Revenue

Old Second's revenue was reported to be $37.49 m in FY, 2020

Revenue (Q1, 2021)


Net income (Q1, 2021)


Market capitalization (12-Nov-2021)


Closing stock price (12-Nov-2021)


Cash (31-Mar-2021)



Old Second's current market capitalization is $398.2 m.
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020



Revenue growth, %


Sales and marketing expense


R&D expense

USDQ2, 2011Q3, 2011Q1, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021



Cost of goods sold


Gross profit


Gross profit Margin, %

USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020



Accounts Receivable





USDQ2, 2011

Financial Leverage

24.5 x
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Old Second Operating Metrics

Old Second's Total Loans was reported to be $1.5b in Q2, 2017.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Bank Branches


Non-performing Loans

$27.08 m$23.36 m$19.28 m$18.53 m$14.62 m$14.04 m$18.42 m$17.38 m$16 m$12.52 m$15.62 m

Total Loans

$1.16 b$1.15 b$1.16 b$1.13 b$1.13 b$1.14 b$1.16 b$1.2 b$1.48 b$1.49 b$1.54 b
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Old Second Cybersecurity Score

Cybersecurity ratingPremium dataset



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Old Second Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset


out of 100

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Old Second Online and Social Media Presence

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Old Second News and Updates

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Old Second Bancorp, Inc. - OSBC

NEW YORK, Oct. 1, 2021 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is...

Weinzelbaum Joins Old Second

CHICAGO, July 25, 2019 /PRNewswire/ -- Louis L. Weinzelbaum of Clarendon Hills has been named Group Market President, Senior Managing Director, with Old Second National Bank and will be located in Old Second's Chicago-Loop office. Louis will be responsible for developing and growing...

Kohn Joins Old Second

CHICAGO, July 25, 2019 /PRNewswire/ -- Alan H. Kohn of Chicago has been named Group Market President, Senior Managing Director, with Old Second National Bank and will be located in the Chicago—Loop location. He will be responsible for expanding Old Second's national healthcare business...

Clark Joins Old Second

CHICAGO, July 25, 2019 /PRNewswire/ -- Donald J. Clark of Chicago has been named Senior Vice President, Commercial Banking, with Old Second National Bank, operating from the Chicago—Loop location. He will be responsible for developing and growing commercial banking, specializing in the...

Old Second National Bank Named Among Best Banks In Illinois

AURORA, Ill., July 9, 2019 /PRNewswire/ -- Old Second National Bank was recently named among "Best Banks in Illinois 2019" in a survey conducted by Forbes and research firm Statista. A June 2019 Forbes article describes a "massive divergence" in how well banks are providing services and...

Old Second Receives "Outstanding" CRA Rating

AURORA, Ill., Aug. 23, 2018 /PRNewswire/ -- Old Second National Bank (NASDAQ: OSBC) received the rating of "Outstanding" in its recent Community Reinvestment Act (CRA) Performance Evaluation. The evaluation is conducted by the Office of the Comptroller of the Currency. It analyzes an...

Old Second Frequently Asked Questions

  • When was Old Second founded?

    Old Second was founded in 1871.

  • Who are Old Second key executives?

    Old Second's key executives are Kathy Diedrick, Richard A. Gartelmann and Mike Cava.

  • How many employees does Old Second have?

    Old Second has 535 employees.

  • What is Old Second revenue?

    Latest Old Second annual revenue is $37.5 m.

  • What is Old Second revenue per employee?

    Latest Old Second revenue per employee is $70.1 k.

  • Who are Old Second competitors?

    Competitors of Old Second include Remitly, Home Bancorp and Lakeland Financial.

  • Where is Old Second headquarters?

    Old Second headquarters is located at 37 S River St, Aurora.

  • Where are Old Second offices?

    Old Second has an office in Aurora.

  • How many offices does Old Second have?

    Old Second has 1 office.