Old Second Q2 FY26 net income rises 10.16% to $28.2 million; NIM widens 9 basis points to 5.23%

Old Second Bancorp, Inc.

Old Second Bancorp, Inc.

OSBC

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  • Old Second posted second-quarter 2026 net income of $28.2 million, up 10.16% from the prior quarter; diluted EPS rose to $0.54.
  • Net interest and dividend income increased 2.69% to $83.3 million; fully tax-equivalent net interest margin widened 0.09 percentage point to 5.23%.
  • Provision for credit losses fell 21.05% to $7.5 million; nonperforming loans declined to $56.5 million, pushing the nonperforming-loan ratio down to 1.08%.
  • Total loans climbed to $5.25 billion; total deposits slipped 2.16% to $5.44 billion, with deposit costs easing to 1%.
  • Jim Eccher cited “exceptional” margin performance and disciplined efficiency, noting lower problem assets and tangible common equity to tangible assets rising to 11.19%.


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