Old Second Bancorp Inc (NASDAQ:OSBC)

Old Second Bancorp, Inc. operates as a bank holding company. The company's full service banking businesses includes customary consumer and commercial products and services that banks provide, including demand, NOW, money market, savings, time deposit, individual retirement and Keogh deposit accounts; commercial, industrial, consumer and real estate lending, including installment, student and agricultural loans, lines of credit and overdraft checking; safe deposit operations; trust services; wealth management services, and an extensive variety of additional services tailored to the needs of individual customers, such as the acquisition of U.S. Treasury notes and bonds, the sale of traveler's checks, money orders, cashier's checks and foreign currency, direct deposit, discount brokerage, debit cards and credit cards. It provides a full complement of electronic banking services, such as Internet banking and corporate cash management products, including remote deposit capture, investment sweep accounts, zero balance accounts, automated tax payments, ATM access, telephone banking, lockbox, account reconciliation, controlled disbursement, detail and general information reporting, wire transfers, vault services for currency and coin, and checking accounts. The firm offers commercial and consumer loans to corporations, partnerships and individuals, primarily on a secured basis. Its commercial lending focuses on business, capital, construction, inventory and real estate lending. The firm's Installment lending includes direct and indirect loans to consumers and commercial customers. The company provides a wide range of trust, investment, agency, and custodial services for individual, corporate, and not-for-profit clients. These services include the administration of estates and personal trusts, as well as the management of investment accounts for individuals, employee benefit plans and charitable foundations. It also originates residential mortgages, offering a wide range of products, including conventional, government, and jumbo loans. The company was founded on September 8, 1981 and is headquartered in Aurora, IL.