Old Second Bancorp, Inc. · NASDAQ:OSBC
Old Second Bancorp — Merger or Acquisition (December 2017)
4 slides from Old Second Bancorp's merger presentation, Dec 27, 2017
Slide 1: Old Second Bancorp Announces Acquisition of Greater Chicago Financial Corp.
Old Second Bancorp, inc. Announces Acquisition of Greater Chicago Financial Corp. And Its Primary Subsidiary: ABC Bank your community Bank Since 1891
Slide 2: Cautionary Note Regarding Forward-Looking Statements
Old Second 2 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Some of the statements in this presentation are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: "expect," “assumpt
Slide 3: Acquisition of Greater Chicago Financial Corp.
3 Acquisition of Greater Chicago Financial Corp. Old Second Branches ABC Bank Branches Old Second ABC Bank Pro Forma Greater Chicago Financial Corp. total assets of $350 million as of September 30, 2017, including $241 million of net total loans More than a century of service to the community 4 bran
Slide 4: Transaction Overview
Transaction Overview The cash consideration of $41.1 million represents 119% of Greater Chicago Financial Corp.’s tangible book value as of September 30, 2017 Transaction assumptions: 30% annual cost saves with full run-rate realized in 2019 Estimated 3.7% net fair value mark on acquired loans ($4 m
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