OLD SECOND BANCORP INC OSBCP Income Statement

Old second bancorp inc (OSBCP)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Interest and Dividend Income
Loans, including fees
97,217	97,719	97,509	94,912	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loans, including fees
-	-	-	-	-	-	-	-	72,860	-	68,628	63,916	59,570	56,019	52,590	52,447	52,875	53,035	53,618	53,627	53,206	52,926	52,386	53,351	54,217	56,193	58,446	60,312	64,017	66,769	69,795	73,402	76,534	80,084	86,286	91,624	0	0	0
Loans held-for-sale
147	133	129	121	125	127	126	121	123	123	131	145	147	151	151	141	174	189	194	194	151	133	124	124	140	156	183	213	217	260	345	349	375	342	313	349	0	0	0
Securities:
Taxable
9,005	9,256	9,457	9,652	9,821	9,577	9,261	9,194	9,409	10,202	11,312	12,842	14,617	15,865	16,366	15,883	14,873	14,037	13,909	14,024	14,004	14,131	14,023	13,550	12,896	11,692	10,099	8,854	8,012	7,212	6,520	5,580	4,609	3,989	3,952	4,239	0	0	0
Tax exempt
6,782	7,425	8,060	8,405	8,378	8,341	7,990	7,554	7,088	5,939	4,451	3,003	1,575	842	695	637	580	542	522	510	465	472	522	560	616	587	554	504	432	416	407	423	448	487	593	1,168	0	0	0
Dividends from FHLBC and FRBC stock
578	602	590	557	512	469	437	410	391	370	353	342	334	333	327	320	313	306	307	309	310	309	308	306	304	304	305	306	307	305	302	298	295	290	282	271	0	0	0
Federal funds sold
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0
Interest bearing deposits with financial institutions
420	459	448	413	399	334	273	226	160	134	162	189	173	169	110	58	62	55	56	69	70	73	77	74	81	108	121	128	136	119	122	151	185	230	239	225	0	0	0
Total interest and dividend income
114,149	115,594	116,964	115,696	113,371	107,617	101,243	95,492	90,031	87,505	85,037	80,437	76,416	73,379	70,239	69,486	68,877	68,164	68,606	68,733	68,206	68,044	67,440	67,965	68,254	69,040	69,708	70,317	73,121	75,081	77,491	80,203	82,447	85,423	91,667	97,879	0	0	0
Interest Expense
Savings, NOW, and money market deposits
2,824	2,960	2,923	2,841	2,583	2,156	1,742	1,339	1,071	950	907	861	821	789	764	756	746	734	723	713	718	738	766	797	830	859	910	957	990	1,062	1,111	1,185	1,303	1,579	2,094	2,967	0	0	0
Time deposits
6,884	6,736	6,573	6,469	6,272	5,829	5,333	4,842	4,423	4,227	4,099	3,953	3,797	3,640	3,446	3,314	3,216	3,201	3,273	3,547	3,986	4,500	5,051	5,652	6,242	6,774	7,216	7,515	8,057	8,809	10,178	11,641	13,090	14,478	15,842	17,156	0	0	0
Securities sold under repurchase agreements
544	577	570	575	532	462	327	191	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	-	-	-	-	-	0	0
Other short-term borrowings
1,257	1,755	1,922	1,769	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other short-term borrowings
-	-	-	-	-	-	-	-	962	-	511	314	194	106	80	63	44	33	31	30	26	19	12	13	11	28	41	35	35	19	0	0	0	-	-	-	-	-	-
Junior subordinated debentures
4,161	3,724	3,723	3,720	3,716	3,716	3,713	3,713	3,845	4,002	4,156	4,310	4,334	4,334	4,323	4,311	4,299	4,287	4,287	4,287	4,604	4,919	5,208	5,472	5,398	5,298	5,202	5,109	5,015	4,925	4,836	4,748	4,661	4,577	4,473	4,390	0	0	0
Senior notes
2,700	2,699	2,698	2,688	2,688	2,688	2,688	2,688	2,688	2,689	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Subordinated debt
-	-	-	-	-	-	-	-	-	-	-	-	-	949	937	897	856	814	803	797	793	792	794	804	811	811	829	843	862	903	896	874	856	822	844	846	0	0	0
Notes payable and other borrowings
398	384	485	491	0	-	0	0	-	-	-	-	-	8	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Notes payable and other borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9	12	16	16	16	16	16	16	16	17	17	17	17	16	16	16	16	16	0	0	0
Total interest expense
18,768	18,835	19,053	18,825	18,012	16,678	15,259	13,965	13,085	12,626	12,034	11,370	10,647	9,938	9,558	9,348	9,166	9,076	9,126	9,386	10,143	10,984	11,847	12,754	13,307	13,786	14,212	14,475	14,977	15,735	17,045	18,470	19,930	21,473	23,273	25,392	0	0	0
Net interest and dividend income
95,381	96,759	97,911	96,871	95,359	90,939	85,984	81,527	76,946	74,879	73,003	69,067	65,769	63,441	60,681	60,138	59,711	59,088	59,480	59,347	58,063	57,060	55,593	55,211	54,947	55,254	55,496	55,842	58,144	59,346	60,446	61,733	62,517	63,950	68,394	72,487	0	0	0
Provision for credit losses
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for loan and lease losses
-	-	1,950	1,400	-	1,228	1,028	1,778	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	7,671	10,671	10,971	8,887	19,325	60,948	0	0	0
Loan loss reserve release
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-3,300	-3,750	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Net interest and dividend income after provision for loan and lease losses
86,247	95,159	95,961	95,471	92,959	89,711	84,506	79,749	75,868	73,079	71,203	67,567	65,019	62,691	60,681	62,238	64,111	63,488	65,180	62,947	60,363	60,360	60,093	61,461	61,997	63,804	61,546	60,142	60,444	53,062	52,775	51,062	51,546	55,063	49,069	11,539	0	0	0
Noninterest Income
Trust income
-	-	-	-	-	-	-	-	-	-	-	5,895	5,759	-	5,701	5,742	5,836	5,953	6,105	6,144	6,225	6,198	6,292	6,303	6,307	6,339	6,104	6,099	5,881	6,041	6,264	6,432	6,684	6,817	6,902	7,097	0	0	0
Service charges on deposits
-	-	-	-	-	-	-	-	-	-	-	6,712	6,743	-	6,695	6,705	6,838	6,820	6,811	6,883	6,900	7,079	7,230	7,296	7,299	7,256	7,356	7,434	7,528	7,682	7,820	7,995	8,149	8,135	8,259	8,388	0	0	0
Secondary mortgage fees
-	-	-	-	-	-	-	-	-	-	-	964	1,021	-	987	855	856	907	895	879	753	621	582	591	703	821	1,030	1,197	1,241	1,307	1,280	1,199	1,124	1,055	1,205	1,274	0	0	0
Mortgage servicing rights mark to market loss
3,977	2,662	3,825	2,890	1,858	734	-143	40	364	802	-246	-293	11	919	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage servicing income
-	-	-	-	-	-	-	-	-	-	-	1,760	1,738	-	2,890	2,179	2,257	1,628	1,172	1,698	1,262	1,423	960	943	1,622	1,913	1,298	908	-232	-289	-485	-658	-524	-341	-543	-857	0	0	0
Net gain on sales of mortgage loans
6,596	5,112	4,668	3,559	3,636	3,791	4,210	4,340	4,573	4,803	5,027	6,109	6,278	6,343	6,129	5,311	5,364	5,775	5,657	5,212	4,555	3,594	3,640	3,540	4,313	5,627	7,780	9,470	10,017	10,688	9,300	8,110	6,869	5,458	6,995	7,837	0	0	0
Securities gains (losses), net
4,460	4,511	4,476	1,026	352	360	462	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in cash surrender value of BOLI
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Securities gains (losses), net
-	-	-	-	-	-	-	-	-	-	-	-2,419	-2,288	-	-2,020	-118	-130	-178	84	1,372	1,679	1,719	-2,646	-3,884	-3,434	-1,912	2,460	2,980	2,927	1,575	1,349	773	593	631	1,208	3,027	0	0	0
Increase in cash surrender value of BOLI
-	-	1,083	1,163	-	984	1,307	1,322	1,321	1,432	1,367	1,388	1,357	1,283	1,249	1,102	1,082	1,277	1,440	1,508	1,575	1,453	1,433	1,548	1,554	1,603	1,560	1,566	1,520	1,608	1,745	1,553	1,661	1,629	1,649	1,678	0	0	0
Death benefit realized on bank-owned life insurance
-	-	-	-	-	1,026	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	0	-
Debit card interchange income
4,179	4,177	4,716	4,727	4,693	4,420	4,348	4,288	4,237	4,200	4,149	4,087	4,055	4,027	4,024	4,015	4,016	4,028	4,048	4,055	3,935	3,806	3,664	3,526	3,496	3,458	3,451	3,366	3,579	3,547	3,436	3,432	0	-	0	0	-	-	-
Gains (losses) on disposal and transfer of fixed assets, net
-	-	-	-	-	-	-	-	-	-10	-10	-10	2	1	1,144	0	0	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debit card interchange income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Lease revenue from other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	4,028	4,248	4,294	3,635	2,966	2,348	0	0	0
Net gain on sale of other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	776	1,053	1,100	1,311	1,132	1,182	0	0	0
Litigation related income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Other income
5,492	5,320	4,911	4,580	4,693	5,126	4,794	5,233	4,908	4,778	4,926	4,568	4,677	4,938	4,824	4,738	4,664	5,229	5,121	5,235	5,319	4,658	4,948	5,260	5,247	5,688	5,236	5,279	5,503	5,060	4,887	4,432	4,517	4,674	5,227	5,417	0	0	0
Total noninterest income
35,640	35,800	33,060	28,941	29,330	31,353	33,035	33,064	31,849	30,372	30,616	29,367	29,327	28,574	27,555	26,609	27,596	29,294	28,976	31,651	30,868	29,216	25,991	25,138	27,497	31,183	33,328	36,206	36,762	37,219	40,370	38,530	37,531	36,008	41,541	43,881	0	0	0
Noninterest Expense
Salaries and employee benefits
48,175	46,869	45,695	44,798	45,566	44,161	42,640	41,524	39,714	40,080	40,547	39,512	37,781	36,234	35,251	34,497	34,832	35,061	35,691	36,287	36,321	36,167	36,320	36,763	36,757	36,688	35,662	35,326	34,972	34,989	35,356	34,378	34,135	34,015	34,721	35,654	0	0	0
Occupancy expense, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,166	6,822	6,570	6,260	4,675	4,662	4,753	4,963	5,054	5,177	5,234	5,032	4,944	4,920	4,885	4,841	4,868	4,899	5,002	5,112	5,164	5,128	0	0	0
Occupancy, furniture and equipment
8,601	8,289	8,072	7,619	7,346	6,915	6,433	6,133	5,943	5,951	7,480	7,103	6,704	6,063	4,274	4,279	4,281	4,357	4,192	4,071	3,990	3,972	3,946	3,983	4,103	4,264	4,472	4,524	4,603	4,614	4,677	5,004	5,296	5,601	5,851	5,990	0	0	0
Computer and data processing
5,634	5,631	5,759	5,516	6,733	6,745	6,436	6,270	4,641	4,387	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FDIC Insurance
0	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FDIC insurance
-	-	-	622	-	-	-	666	666	658	584	613	810	865	1,104	1,249	1,264	1,334	1,638	1,914	2,164	2,170	2,536	2,874	3,271	4,027	4,019	4,061	4,066	4,031	4,028	4,031	4,115	4,854	4,732	5,227	0	0	0
General bank insurance
998	1,002	1,016	976	1,039	1,040	1,031	1,047	1,012	1,031	1,050	1,073	1,081	1,109	1,137	1,176	1,214	1,273	1,333	1,396	1,429	1,561	1,692	1,810	1,958	2,318	2,675	3,037	3,387	3,384	3,362	3,356	3,341	3,320	2,661	1,949	0	0	0
Amortization of core deposit intangible
535	539	543	522	498	387	276	164	92	96	0	0	0	-	-	-	-	-	-	-	-	1,177	1,702	2,072	2,086	2,099	2,111	2,007	1,732	1,402	1,001	857	813	847	993	1,000	0	0	0
Advertising expense
1,100	1,225	1,217	1,349	1,460	1,567	1,737	1,500	1,460	1,505	1,514	1,689	1,672	1,633	1,560	1,564	1,482	1,340	1,217	1,074	1,180	1,278	1,437	1,493	1,362	1,225	1,168	1,221	1,157	1,309	1,357	1,268	1,191	1,106	1,084	1,212	0	0	0
Debit card interchange expense
1,154	977	905	946	1,014	940	1,198	1,163	1,261	1,329	1,302	1,380	1,601	1,455	1,569	1,585	1,365	1,514	1,554	1,593	1,605	1,631	1,569	1,517	1,467	1,433	1,437	1,459	1,550	1,548	1,516	1,522	1,393	1,424	1,440	1,383	0	0	0
Legal fees
680	675	627	759	802	835	888	807	705	650	656	736	743	800	847	884	1,113	1,175	1,257	1,310	1,299	1,333	1,640	1,923	2,000	2,066	2,385	2,530	2,814	3,176	3,426	3,590	3,860	4,118	3,871	3,613	0	0	0
Other real estate expense, net
610	423	488	92	273	396	469	1,519	1,629	2,165	2,628	2,374	2,714	2,743	2,517	3,068	4,577	5,191	6,969	7,999	7,261	6,917	6,469	7,006	8,658	10,747	9,619	13,620	17,106	18,663	25,725	24,533	23,696	24,356	21,972	23,464	0	0	0
Other expense
13,364	13,296	13,383	13,609	13,566	13,489	12,805	11,956	11,326	11,297	11,117	11,667	11,546	11,494	10,218	10,181	10,834	10,916	12,565	12,731	12,649	12,510	12,620	12,605	12,826	13,245	12,983	13,051	12,567	12,396	12,426	12,261	12,581	12,816	12,842	13,370	0	0	0
Total noninterest expense
80,910	79,102	78,051	76,808	78,968	77,128	74,542	72,749	68,449	69,149	70,173	69,837	68,551	66,761	65,643	65,305	67,532	68,421	71,091	73,191	73,316	73,679	74,985	77,223	79,722	83,144	81,475	85,756	88,839	90,353	97,742	95,699	95,423	97,569	95,331	97,990	0	0	0
Income before income taxes
40,977	51,857	50,970	47,604	43,321	43,936	42,999	40,064	39,268	34,302	31,646	27,097	25,795	24,504	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	23,065	21,407	17,915	15,897	11,099	9,376	9,772	11,843	13,399	10,592	8,367	-72	-4,597	-6,107	-6,346	-6,498	-4,721	-42,570	0	0	0
Provision for income taxes
9,715	12,402	12,431	11,596	10,330	9,924	20,119	18,749	19,068	19,164	8,978	9,007	9,006	8,820	8,094	8,618	8,967	8,976	8,524	7,866	6,482	5,761	-66,013	0	0	-	0	-	-	-	-	-	-	-	-	0	-	0	0
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	14,499	14,924	15,208	15,385	14,541	13,541	11,433	10,136	7,360	77,360	78,816	82,085	83,396	10,592	8,367	-72	-4,597	-6,107	-6,346	-6,498	-3,585	0	0	0	-
Preferred stock dividends and accretion of discount
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,873	2,950	3,676	4,314	5,062	5,308	5,548	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Dividends waived upon preferred stock redemption
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on preferred stock redemption
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Preferred stock dividends and accretion of discount
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	4,922	4,857	4,794	4,730	4,659	4,600	0	0	0
Net income available to common stockholders
31,262	39,455	38,539	36,008	32,991	34,012	22,880	21,315	20,200	15,138	0	0	0	-	-	-	14,159	13,512	11,591	9,865	13,900	11,855	8,815	78,557	73,275	76,827	78,208	5,472	3,314	-5,059	-9,519	-10,964	-11,140	-11,228	-8,244	-30,178	0	0	0
Average number of shares (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14,043	-	-	-	13,973	-	-
Diluted average number of shares (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14,196	-	-	-	14,213	-	-
Basic earnings per share (in dollars per share)
0.01	0.32	0.41	0.31	0.28	0.29	0.32	0.21	0.32	-0.08	0.27	0.17	0.15	0.17	0.12	0.13	0.11	0.13	0.12	0.12	0.09	0.10	0.06	0.26	0.04	-0.08	5.08	0.15	0.30	0.02	-0.08	0.00	-0.30	-0.30	-0.18	-0.01	-0.30	-0.09	-1.74
Diluted earnings per share (in dollars per share)
0.01	0.31	0.40	0.31	0.28	0.28	0.32	0.21	0.31	-0.09	0.27	0.17	0.15	0.17	0.12	0.13	0.11	0.13	0.12	0.12	0.09	0.10	0.06	0.26	0.04	-0.08	5.08	0.15	0.30	0.02	-0.08	0.00	-0.30	-0.30	-0.18	-0.01	-0.30	-0.09	-1.75
Dividends declared per share (in dollars per share)
0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	-	0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	-	0.01
Deposit Account
Service charges on deposits
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Trust Income
Service charges on deposits
6,701	6,655	6,588	6,502	6,408	6,417	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Bank Servicing
Service charges on deposits
7,726	7,715	7,186	7,197	7,333	7,328	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Secondary mortgage fees
Service charges on deposits
906	772	761	678	670	696	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-