Old Second Bancorp OSBC Communications And Information Technology
Communications And Information Technology at other companies
Other financials
Where this comes from
Reported directly by Old Second Bancorp in its filing.
Tagged under the XBRL concept us-gaap:CommunicationsAndInformationTechnology.
The official record: Old Second Bancorp’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Old Second Bancorp's communications and information technology?
- Old Second Bancorp (OSBC) reported communications and information technology of $3.38M in Q1 2026.
- How has Old Second Bancorp's communications and information technology changed year-over-year?
- Old Second Bancorp's communications and information technology increased by 43.7% year-over-year, from $2.35M to $3.38M.
- What is the long-term trend for Old Second Bancorp's communications and information technology?
- Over 4 years (2021 to 2025), Old Second Bancorp's communications and information technology has grown at a 14.9% compound annual growth rate (CAGR), from $7.94M to $13.84M.
- What does communications and information technology mean?
- This encompasses the costs associated with maintaining the bank's digital infrastructure, including software licensing, data processing, cybersecurity, and telecommunications services. As banking becomes increasingly digital, this expense category reflects the bank's investment in technology to improve operational efficiency and customer experience. Rising costs here are often indicative of digital transformation initiatives or increased regulatory compliance requirements.