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Old Second Bancorp, Inc. (OSBC)

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14.86+0.23 (+1.57%)
At close: 04:00PM EDT
14.86 0.00 (0.00%)
After hours: 04:00PM EDT

Old Second Bancorp, Inc.

37 South River Street
Aurora, IL 60506-4173
United States
630 892 0202
https://www.oldsecond.com

Sector(s):Β Financial Services
Industry:Β Banksβ€”Regional
Full-time employees:Β 891

Key executives

NameTitlePayExercisedYear born
Mr. James L. EccherPres, CEO, COO & Chairman1.25MN/A1965
Mr. Bradley S. AdamsExec. VP & CFO642.88kN/A1974
Mr. Richard A. Gartelmann Jr., CFPHead of Wealth Management & Exec. VP366.49kN/A1969
Mr. Donald J. PilmerChief Lending Officer & Exec. VP513.1kN/A1965
Ms. Shirley CantrellShareholder Relations Mang.N/AN/AN/A
Mr. Andrew R. CrouchSr. VP, Head of Trust and Fiduciary Services, Trust CounselN/AN/AN/A
Bob DiCosolaExec. VP of HRN/AN/AN/A
Mr. Keith J. GottschalkExec. VP of Digital Banking ServicesN/AN/A1963
Ms. Jacqueline Ann RunnbergSr. VP & Wealth AdvisorN/AN/AN/A
Mr. Steven C. MevesChief Investment Officer of Wealth Management GroupN/AN/AN/A
Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes 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 community banking services. It provides demand, NOW, money market, savings, time deposit, individual retirement, and checking accounts, as well as certificate of deposit accounts. The company also offers commercial loans; lease financing receivables; commercial real estate loans; construction loans; residential real estate loans, such as residential first mortgage and second mortgage loans; home equity line of credit; consumer loans, including motor vehicle, home improvement, and signature loans; installment and agricultural loans; residential mortgages; and overdraft checking. Further, it provides safe deposit services; trust and 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. In addition, the company 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, foreign and domestic wire transfers, and vault services for currency and coin; and investment, agency, and custodial services for individual, corporate, and not-for-profit clients. It operates through 63 banking centers in Cook, DeKalb, DuPage, Kane, Kendall, LaSalle, and Will counties in Illinois. Old Second Bancorp, Inc. was incorporated in 1981 and is headquartered in Aurora, Illinois.

Corporate governance

Old Second Bancorp, Inc.’s ISS governance QualityScore as of 1 May 2022 is 4. The pillar scores are Audit: 2; Board: 6; Shareholder rights: 6; Compensation: 2.

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 10 indicates higher governance risk.