Old Second Bancorp Management
Management criteria checks 3/4
Old Second Bancorp's CEO is Jim Eccher, appointed in Jan 2015, has a tenure of 9.92 years. total yearly compensation is $2.29M, comprised of 35.3% salary and 64.7% bonuses, including company stock and options. directly owns 0.73% of the company’s shares, worth $5.83M. The average tenure of the management team and the board of directors is 5.8 years and 7.4 years respectively.
Key information
Jim Eccher
Chief executive officer
US$2.3m
Total compensation
| CEO salary percentage | 35.3% |
| CEO tenure | 9.9yrs |
| CEO ownership | 0.7% |
| Management average tenure | 5.8yrs |
| Board average tenure | 7.4yrs |
Recent management updates
Recent updates
Old Second Bancorp's (NASDAQ:OSBC) Dividend Will Be Increased To $0.06
Oct 19
Old Second Bancorp's (NASDAQ:OSBC) Dividend Will Be $0.05
Jul 20Old Second Bancorp (NASDAQ:OSBC) Is Paying Out A Dividend Of $0.05
Apr 21Here's Why We Think Old Second Bancorp (NASDAQ:OSBC) Is Well Worth Watching
Jan 30Old Second Bancorp's (NASDAQ:OSBC) Dividend Will Be $0.05
Oct 21Old Second Bancorp's (NASDAQ:OSBC) Dividend Will Be $0.05
Jul 22Old Second Bancorp (NASDAQ:OSBC) Has Announced A Dividend Of $0.05
Apr 21Rainbows and Unicorns: Old Second Bancorp, Inc. (NASDAQ:OSBC) Analysts Just Became A Lot More Optimistic
Jan 28Old Second Bancorp (NASDAQ:OSBC) Has Affirmed Its Dividend Of $0.05
Jan 21Old Second Bancorp Expects Big Gains From Higher Rates, Inflation
Sep 26O2 Sponsor Finance provides senior secured credit facilities to support Prospect Partners' recapitalization of Blackwood Solutions
Sep 19Old Second Bancorp declares $0.05 dividend
Jul 21Old Second Bancorp (NASDAQ:OSBC) Is Due To Pay A Dividend Of US$0.05
Apr 23CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$84m |
| Jun 30 2024 | n/a | n/a | US$86m |
| Mar 31 2024 | n/a | n/a | US$89m |
| Dec 31 2023 | US$2m | US$811k | US$92m |
| Sep 30 2023 | n/a | n/a | US$97m |
| Jun 30 2023 | n/a | n/a | US$92m |
| Mar 31 2023 | n/a | n/a | US$79m |
| Dec 31 2022 | US$2m | US$668k | US$67m |
| Sep 30 2022 | n/a | n/a | US$35m |
| Jun 30 2022 | n/a | n/a | US$24m |
| Mar 31 2022 | n/a | n/a | US$20m |
| Dec 31 2021 | US$2m | US$587k | US$20m |
| Sep 30 2021 | n/a | n/a | US$37m |
| Jun 30 2021 | n/a | n/a | US$39m |
| Mar 31 2021 | n/a | n/a | US$39m |
| Dec 31 2020 | US$1m | US$567k | US$28m |
| Sep 30 2020 | n/a | n/a | US$29m |
| Jun 30 2020 | n/a | n/a | US$31m |
| Mar 31 2020 | n/a | n/a | US$31m |
| Dec 31 2019 | US$1m | US$530k | US$39m |
| Sep 30 2019 | n/a | n/a | US$39m |
| Jun 30 2019 | n/a | n/a | US$36m |
| Mar 31 2019 | n/a | n/a | US$33m |
| Dec 31 2018 | US$2m | US$501k | US$34m |
| Sep 30 2018 | n/a | n/a | US$23m |
| Jun 30 2018 | n/a | n/a | US$21m |
| Mar 31 2018 | n/a | n/a | US$20m |
| Dec 31 2017 | US$1m | US$474k | US$15m |
Compensation vs Market: Jim's total compensation ($USD2.29M) is about average for companies of similar size in the US market ($USD3.24M).
Compensation vs Earnings: Jim's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Jim Eccher (59 yo)
9.9yrs
Tenure
US$2,294,391
Compensation
Mr. James L. Eccher, also known as Jim, has been the Chief Executive Officer and President of Old Second Bancorp Inc. since January 1, 2015, had been its Chief Operating Officer since 2007 until August 15,...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.9yrs | US$2.29m | 0.73% $ 5.8m | |
| EVP, COO & CFO | 7.6yrs | US$1.05m | 0.29% $ 2.3m | |
| EVP & Head of Wealth Management | no data | US$514.70k | 0.081% $ 646.7k | |
| Executive VP & Chief Lending Officer | 12.9yrs | US$746.05k | 0.14% $ 1.1m | |
| Senior VP & Chief Technology Officer | no data | no data | no data | |
| Senior VP & MD of Wealth Management | 5.8yrs | no data | no data | |
| Chief Investment Officer of Wealth Management Group | no data | no data | no data | |
| Shareholder Relations Manager | no data | no data | no data | |
| Senior Vice President of Human Resources | no data | no data | no data | |
| Senior Vice President of Retirement Plan Services | 2.9yrs | no data | no data | |
| Senior VP & Senior Wealth Advisor | less than a year | no data | no data | |
| Chief Audit Executive | 1.9yrs | no data | no data |
5.8yrs
Average Tenure
55yo
Average Age
Experienced Management: OSBC's management team is seasoned and experienced (5.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 18.7yrs | US$2.29m | 0.73% $ 5.8m | |
| Vice Chairman of the Board | 8.2yrs | US$871.50k | 0.26% $ 2.0m | |
| Independent Director | 6.6yrs | US$111.52k | 0.34% $ 2.7m | |
| Independent Director | 4.2yrs | US$109.52k | 0.030% $ 236.1k | |
| Independent Director | 24.9yrs | US$108.64k | 0.38% $ 3.0m | |
| Independent Director | 3.3yrs | US$103.02k | 0.094% $ 747.2k | |
| Independent Director | 3yrs | US$95.02k | 0.068% $ 545.6k | |
| Independent Lead Director | 20.4yrs | US$131.14k | 0.18% $ 1.5m | |
| Independent Director | 16.8yrs | US$111.64k | 0.44% $ 3.5m | |
| Independent Director | 3yrs | US$100.02k | 0.40% $ 3.2m | |
| Independent Director | 9.2yrs | US$105.02k | 0.061% $ 484.8k | |
| Independent Director | 4.2yrs | US$104.77k | 0.031% $ 245.4k |
7.4yrs
Average Tenure
65yo
Average Age
Experienced Board: OSBC's board of directors are considered experienced (7.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 21:36 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Old Second Bancorp, Inc. is covered by 11 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jeffrey Rulis | D.A. Davidson & Co. |
| null null | D.A. Davidson & Co. |
| Brian Martin | FIG Partners |