Old Second Bancorp Q2 net income rises 29.1% to $28.2M on Bancorp Financial acquisition; credit costs climb

Filed August 6, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 7, 2025 · ~1 min read

Key Changes

• high

  Net income rose 29.1% to $28.2M, but diluted EPS grew only 12.5% to $0.54 as the share count increased after the Bancorp Financial merger.

  MD&A: Net income and EPS verify on EDGAR →
• high

  Provision for credit losses tripled to $7.5M, and nonaccrual loans jumped 68% to $53.7M, driven by powersport and commercial real estate charge-offs.

  MD&A: Credit quality verify on EDGAR →
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  The Bancorp Financial acquisition added $1.20B of loans and $1.23B of deposits, lifting net interest income 30% to $83.3M and expanding net interest margin 38 bps to 5.21%.

  MD&A: Acquisition impact verify on EDGAR →