Short answer
OLD SECOND BANCORP INC (OSBC) filed its Q1 2026 10-Q quarterly report on May 7, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $98M (up 33.7% year over year) with net income of $26M.
Q1 2026 key financials · XBRL
- Revenue
- $98M
- +33.7% YoY
- Net income
- $26M
- +29.0% YoY
- EPS (diluted)
- $0.48
- +11.6% YoY
Source: XBRL data from the OLD SECOND BANCORP INC (OSBC) Q1 2026 10-Q on SEC EDGAR. USD.
OLD SECOND BANCORP INC Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue proxy net interest income $81.1M, up $18.2M YoY from $62.9M
- Net income $25.6M, up from $19.8M; diluted EPS $0.48 vs $0.43
- Net interest margin 5.12% vs 4.85% YoY; effective tax rate 24.9% vs 24.3%
- Best-performing line loans: average balances $5.21B, up $1.25B YoY; worst credit trend nonperforming loans 1.5% vs 0.9%
- Credit provision $9.5M vs $2.4M; net charge-offs $9.8M and nonaccrual loans $62.6M
- Liquidity remained solid; higher funding needs drove average FHLB advances up $187.6M YoY
Risk Factors
- No material changes to 10-K risk factors for fiscal year ended December 31, 2025
- Capital-allocation risk: $43.9 million repurchase authorization through December 31, 2026
- Regulatory risk: Federal Reserve non-objection required for repurchases after December 31, 2026
- Market risk: Repurchase timing and pricing depend on stock prices and economic conditions
- Financial risk: $23.1 million capital reduction from 1,175,859 shares repurchased in Q1 2026
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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