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Old Second Bancorp Executive Compensation (FY25)

OSBC · Executive and director compensation, fiscal 2023 to 2025
Data as of September 7, 2026Latest filing (8-K): May 20, 2026
200 figures on this page: 190 cited to the filing that reported them, 10 calculated from figures it prints. See the citations
James Eccher was paid $3,108,135 in total compensation as Chairman, President and Chief Executive Officer for fiscal 2025, and compared with the $2,693,419 reported for fiscal 2024, Eccher's total was 15.4% higher. Meanwhile, the company reported a chief executive pay ratio of 43:1 for fiscal 2025, against median employee compensation of $69,828. Separately, for fiscal 2025, shareholders backed the say-on-pay proposal with 96.3% of votes cast including abstentions in favor at the meeting held May 19, 2026, and the disclosed peer group includes Amerant Bancorp, Inc., Byline Bancorp Inc., ConnectOne Bancorp Inc., CVB Financial Corp. and Dime Community Bancshares Inc., among others.
Chief executive, fiscal 2025
◇
James Eccher
Latest say-on-pay support
=
May 19, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — James Eccher: $2,693,419 → $3,108,135 (15.4% higher)
CEO pay ratio: 42:1 → 43:1 (2.4% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Old Second Bancorp's chief executive and what were they paid?
James Eccher was paid $3,108,135 in total compensation as Chairman, President and Chief Executive Officer for fiscal 2025. Compared with the $2,693,419 reported for fiscal 2024, Eccher's total was 15.4% higher.
What was Old Second Bancorp's say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 96.3% of votes cast including abstentions in favor at the meeting held May 19, 2026.
Which companies are in Old Second Bancorp's peer group?
The disclosed peer group includes Amerant Bancorp, Inc., Byline Bancorp Inc., ConnectOne Bancorp Inc., CVB Financial Corp. and Dime Community Bancshares Inc., among others.
What is Old Second Bancorp's chief executive pay ratio?
The company reported a chief executive pay ratio of 43:1 for fiscal 2025, against median employee compensation of $69,828.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
James Eccher
Chairman and Chief Executive Officer
◇—◇—◇—◇◇
Bradley Adams
Executive Vice President, Chief Operating Officer and Chief Financial Officer
◇—◇—◇—◇◇
Gary Collins
Vice Chairman
◇—◇—◇—◇◇
Donald Pilmer
Executive Vice President, Chief Lending Officer
◇—◇—◇—◇◇
Richard Gartelmann
Executive Vice President, Head of Wealth Management
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
James Eccher
Chairman, President and Chief Executive Officer
◇—◇—◇—◇◇
Bradley Adams
Executive Vice President, Chief Operating Officer and Chief Financial Officer
◇—◇◇——◇◇
Donald Pilmer
Executive Vice President, Chief Lending Officer
◇—◇—◇—◇◇
Gary Collins
Vice Chairman
◇—◇—◇—◇◇
Richard Gartelmann
Executive Vice President, Head of Wealth Management
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Darin Campbell
Executive Vice President, National Specialty Lending
◇———◇—◇◇
James Eccher
Chairman, President and Chief Executive Officer
◇◇◇—◇—◇◇
Bradley Adams
Executive Vice President, Chief Operating Officer and Chief Financial Officer
◇◇◇—◇—◇◇
Donald Pilmer
Executive Vice President, Chief Lending Officer
◇◇◇—◇—◇◇
Gary Collins
Vice Chairman
◇◇◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Bradley S. AdamsRSU◇——◇——◇
Bradley S. AdamsPSU——◇◇◇—◇
Donald PilmerRSU◇——◇——◇
Donald PilmerPSU——◇◇◇—◇
Gary CollinsRSU◇——◇——◇
Gary CollinsPSU——◇◇◇—◇
James EccherPSU——◇◇◇—◇
James EccherRSU◇——◇——◇
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
James EccherPSU◇◇——
RSU◇◇——
Gary CollinsPSU◇◇——
RSU◇◇——
Bradley AdamsRSU◇◇——
PSU◇◇——
Donald PilmerPSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Barry Finn
Lead independent director
◇◇————◇
Jill York
◇◇————◇
Hugh McLean
◇◇————◇
Billy J. Lyons, Jr
◇◇————◇
John Ladowicz
◇◇————◇
Patti Temple Rocks
◇◇————◇
Keith Kotche
◇◇————◇
Dennis Klaeser
◇◇————◇
Edward Bonifas
◇◇————◇
John Williams, Jr
◇◇————◇
James Eccher, Gary Collins and Darin Campbell served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Amerant Bancorp, Inc. AMTB
  • Byline Bancorp Inc. BY
  • ConnectOne Bancorp Inc. CNOB
  • CVB Financial Corp. CVBF
  • Dime Community Bancshares Inc. DCOM
  • FB Financial Corp. FBK
  • First Mid Bancshares FMBH
  • Hanmi Financial Corp. HAFC
  • Heritage Commerce Corp HTBK
  • Lakeland Financial Corp. LKFN
  • National Bank Holdings Corp. NBHC
  • Northwest Bancshares, Inc. NWBI
  • OceanFirst Financial Corp. OCFC
  • Park National Corp. PRK
  • Peapack-Gladstone Financial PGC
  • QCR Holdings Inc. QCRH
  • Stellar Bancorp STEL
  • Stock Yards Bancorp Inc. SYBT
  • Third Coast Bancshares Inc. TCBX
  • Univest Financial Corp. UVSP
  • Westamerica Bancorp. WABC

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 19, 2026=◇◇◇
2024May 20, 2025=◇◇◇
2023May 21, 2024=◇◇◇
2022May 23, 2023=◇◇◇
2021May 17, 2022=◇◇◇
2019August 18, 2020=◇◇◇
2018May 21, 2019=◇◇◇
2017May 15, 2018=◇◇◇
2016May 16, 2017=◇◇◇
2015May 17, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Old Second Bancorp disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Old Second Bancorp sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
200 figures on this page: 190 cited to the filing that reported them, 10 calculated from figures it prints.
190 cited to the filing
10 calculated from the filing

Documents cited

  1. 0000357173-26-000026
  2. 0001104659-26-039829
    DIRECTOR COMPENSATION · Grants of Plan-Based Awards · Outstanding Equity Awards at Fiscal Year-End · Pay Ratio · and 1 more section
  3. 0000357173-25-000041
  4. 0001558370-25-005000
    Summary Compensation Table
  5. 0000357173-24-000041
  6. 0001558370-24-005337
    Summary Compensation Table
  7. 0000357173-23-000027
  8. 0000357173-22-000049
  9. 0000357173-20-000057
  10. 0000357173-19-000031
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0000357173-18-000035
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0000357173-17-000030
  13. 0000357173-16-000090
    Item 5.07 Submission of Matters to a Vote of Security Holders
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Velarion, “Old Second Bancorp executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/OSBC (accessed 2026).
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Banking rankings

Chief executive pay — BankingCEO pay ratio — BankingSay-on-pay support — Banking

Peers Old Second Bancorp discloses

The companies named in OSBC's own disclosed peer group.

Amerant Bancorp, Inc.Byline Bancorp Inc.ConnectOne Bancorp Inc.CVB Financial Corp.Dime Community Bancshares Inc.FB Financial Corp.First Mid BancsharesHanmi Financial Corp.Heritage Commerce CorpLakeland Financial Corp.National Bank Holdings Corp.Northwest Bancshares, Inc.OceanFirst Financial Corp.Park National Corp.Peapack-Gladstone FinancialQCR Holdings Inc.Stellar BancorpStock Yards Bancorp Inc.Third Coast Bancshares Inc.Univest Financial Corp.Westamerica Bancorp.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
For informational purposes only. Not investment, legal, or compensation advice.  The Pay Desk · Methodology · Terms · Privacy