Old Second Bancorp, Inc. (OSBC) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning everyone and thank you for joining us today for Old Second Bancorp Incorporated's third quarter 2025 earnings call. On the call today are Jim Ecker, the company's chairman, president and CEO, Brad Adams, the company's COO and CFO, Darren Campbell, the company's head of national speciality lending and Gary Collins, the vice chairman of our board. I will start with a reminder that all seconds comments today will contain forward-looking statements about the company's business, strategies and prospects, which are based on management's existing expectations in the current economic environment. These statements are not a guarantee of future performance and results may differ materially from those projected. Management would ask you to refer to the company's SEC filings for a full discussion of the company's risk factors. The company does not undertake any duty to update such forward-looking statements. On today's call, we will be discussing certain non-GAAP financial measures. These non-GAAP measures are described and reconciled to their GAAP counterparts in our earnings release, which is available on our website at oldsecond.com, on the homepage and under the Investor Relations tab. I will now turn the call over to Mr. Jim Ecker. Sir, the floor is yours. Okay, good morning, everyone. Thank you for joining us. I have several prepared opening remarks. I'll give you my overview of the quarter and then turn it over to Brad for additional details. I will then conclude with certain summary comments and thoughts about the future before we open it up to questions. From a GAAP perspective, net income was $9.9 million, or $0.18 per diluted share, in the third quarter of 2025. Return on assets was 0.56%. Third quarter 2025 return on average tangible common equity was 6....