Tranche Update on Old Second Bancorp, Inc.'s Equity Buyback Plan announced on September 23, 2019.
January 27, 2021 at 04:49 pm
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From October 1, 2020 to December 31, 2020, the company has repurchased 122,862 shares, representing 0.42% for $1.12 million. With this, the company has completed the repurchase of 719,273 shares, representing 2.42% for $5.49 million under the buyback announced on September 23, 2019.
Old Second Bancorp, Inc. serves as the bank holding company for its wholly owned subsidiary bank, Old Second National Bank (the Bank). The Bank is a full-service banking business offering a range of deposit products, trust and wealth management services, lending services, and deposit services, including demand, NOW, money market, savings, time deposit and individual retirement accounts. It also offers commercial, industrial, consumer and real estate lending, including installment loans, agricultural loans, lines of credit, lease financing receivables and overdraft checking, and safe deposit operations. It provides variety of additional services to the needs of individual customers, such as the money orders, cashiersâ checks and foreign currency, direct deposit, discount brokerage, debit cards, credit cards, and other special services. It also provides complement of electronic banking services such as online and mobile banking and corporate cash management products.
OLD SECOND BANCORP, INC. 
