Old Second Bancorp Q3 2026 net income rises to $28.9 million
OSBC•Old Second Bancorp reported third-quarter 2026 net income of $28.9 million, while net interest and dividend income rose to $84 million. The bank raised its quarterly dividend 14% to $0.08 per share and reported declines in credit-loss provisions and problem loans.
1. Quarterly results
Old Second Bancorp’s third-quarter 2026 net income rose to $28.9 million from the previous quarter. Net interest and dividend income increased to $84 million, while the provision for credit losses fell 9% to $6.8 million.
2. Credit and dividend
Nonperforming loans dropped 30% to $39.6 million, and classified loans declined 44% to $74.2 million. The quarterly common dividend increased 14% to $0.08 per share, payable November 9, 2026.
