| Business Summary | | Old
Second
Bancorp
Inc.
conducts
full
service
community
banking
and
trust
business
through
its
wholly
owned
subsidiaries,
The
Old
Second
National
Bank
of
Aurora,
Yorkville
National
Bank,
Kane
County
Bank,
and
Maple
Park
Mortgage.
The
Banks'
full
service
banking
businesses
include
customary
consumer
and
commercial
products
and
services.
Services
include
demand,
savings,
time
deposit,
individual
retirement
and
Keogh
deposit
accounts;
commercial,
industrial,
consumer
and
real
estate
lending,
including
installment
loans,
student
loans,
farm
loans,
lines
of
credit
and
overdraft
checking;
safe
deposit
operations;
trust
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,
credit
cards,
and
other
special
services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Old
Second
Bancorp,
Inc.
is
a
multi-bank
holding
company
primarily
engaged
in
attracting
deposits
and
investing
the
funds
to
originate
commercial,
real
estate
and
consumer
loans.
For
the
six
months
ended
6/01,
total
interest
income
rose
18%
to
$42.4
million.
Net
interest
income
after
loan
prov.
rose
12%
to
$21.9
million.
Net
income
rose
15%
to
$7.9
million.
Results
reflect
increased
loan
activity
partially
offset
by
a
higher
efffective
income
tax
rate. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| James Benson, 70 Chairman | $120K | William Skoglund, 50 Pres
and CEO | 344K | J. Douglas Cheatham, 44 CFO,
Sr. VP | 188K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|