XML 78 R26.htm IDEA: XBRL DOCUMENT
v3.3.0.814

Allowance for Loan Losses (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2015
Allowance for Loan Losses |
Schedule of changes in the allowance for loan losses by segment of loans based on method of impairment | For the September 30, 2015, allowance for loan loss determination, management implemented changes in the process used to determine the required loan loss reserve to update the Bank’s reserve methodology. The estimated impact of this methodology change in the required reserve was approximately $1.4 million. These changes, and a $2.1 million loan loss reserve release for the third quarter of 2015, are more fully discussed in Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations. Changes in the allowance for loan losses by segment of loans based on method of impairment for three and nine months ending September 30, 2015, were as follows:
Allowance for loan losses: |  |  |  | Real Estate |  | Real Estate |  | Real Estate |  |  |  |  |  |
|  | Commercial |  | Commercial |  | Construction |  | Residential |  | Consumer |  | Unallocated |  | Total
Three months ended September 30, 2015 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | 1,632 |  | $ | 10,201 |  | $ | 662 |  | $ | 1,860 |  | $ | 1,249 |  | $ | 2,717 |  | $ | 18,321
Charge-offs |  |  | 101 |  |  | 21 |  |  | - |  |  | 342 |  |  | 112 |  |  | - |  |  | 576
Recoveries |  |  | 213 |  |  | 275 |  |  | 204 |  |  | 192 |  |  | 84 |  |  | - |  |  | 968
Provision (Release) |  |  | 340 |  |  | (1,296) |  |  | (421) |  |  | (42) |  |  | (68) |  |  | (613) |  |  | (2,100)
Ending balance |  | $ | 2,084 |  | $ | 9,159 |  | $ | 445 |  | $ | 1,668 |  | $ | 1,153 |  | $ | 2,104 |  | $ | 16,613
Nine months ended September 30, 2015 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | 1,644 |  | $ | 12,577 |  | $ | 1,475 |  | $ | 1,981 |  | $ | 1,454 |  | $ | 2,506 |  | $ | 21,637
Charge-offs |  |  | 991 |  |  | 1,547 |  |  | 2 |  |  | 1,119 |  |  | 323 |  |  | - |  |  | 3,982
Recoveries |  |  | 437 |  |  | 1,570 |  |  | 270 |  |  | 819 |  |  | 262 |  |  | - |  |  | 3,358
Provision (Release) |  |  | 994 |  |  | (3,441) |  |  | (1,298) |  |  | (13) |  |  | (240) |  |  | (402) |  |  | (4,400)
Ending balance |  | $ | 2,084 |  | $ | 9,159 |  | $ | 445 |  | $ | 1,668 |  | $ | 1,153 |  | $ | 2,104 |  | $ | 16,613
Ending balance: Individually evaluated for impairment |  | $ | 5 |  | $ | - |  | $ | - |  | $ | 20 |  | $ | - |  | $ | - |  | $ | 25
Ending balance: Collectively evaluated for impairment |  | $ | 2,079 |  | $ | 9,159 |  | $ | 445 |  | $ | 1,648 |  | $ | 1,153 |  | $ | 2,104 |  | $ | 16,588
Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending balance |  | $ | 129,733 |  | $ | 609,937 |  | $ | 23,461 |  | $ | 354,106 |  | $ | 4,005 |  | $ | 11,670 |  | $ | 1,132,912
Ending balance: Individually evaluated for impairment |  | $ | 532 |  | $ | 4,974 |  | $ | 3,803 |  | $ | 15,823 |  | $ | - |  | $ | - |  | $ | 25,132
Ending balance: Collectively evaluated for impairment |  | $ | 129,201 |  | $ | 604,963 |  | $ | 19,658 |  | $ | 338,283 |  | $ | 4,005 |  | $ | 11,670 |  | $ | 1,107,780
Changes in the allowance for loan losses by segment of loans based on method of impairment for three and nine months ending September 30, 2014, were as follows:
Allowance for loan losses: |  |  |  | Real Estate |  | Real Estate |  | Real Estate |  |  |  |  |  |
|  | Commercial |  | Commercial |  | Construction |  | Residential |  | Consumer |  | Unallocated |  | Total
Three months ended September 30, 2014 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | 1,991 |  | $ | 13,228 |  | $ | 1,754 |  | $ | 2,373 |  | $ | 1,464 |  | $ | 3,046 |  | $ | 23,856
Charge-offs |  |  | 512 |  |  | 545 |  |  | 1 |  |  | 925 |  |  | 174 |  |  | - |  |  | 2,157
Recoveries |  |  | 6 |  |  | 878 |  |  | 3 |  |  | 646 |  |  | 98 |  |  | - |  |  | 1,631
Provision (Release) |  |  | 41 |  |  | (744) |  |  | 141 |  |  | 7 |  |  | 16 |  |  | 539 |  |  | -
Ending balance |  | $ | 1,526 |  | $ | 12,817 |  | $ | 1,897 |  | $ | 2,101 |  | $ | 1,404 |  | $ | 3,585 |  | $ | 23,330
Nine months ended September 30, 2014 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | 2,250 |  | $ | 16,763 |  | $ | 1,980 |  | $ | 2,837 |  | $ | 1,439 |  | $ | 2,012 |  | $ | 27,281
Charge-offs |  |  | 519 |  |  | 1,634 |  |  | 174 |  |  | 2,752 |  |  | 423 |  |  | - |  |  | 5,502
Recoveries |  |  | 56 |  |  | 1,106 |  |  | 507 |  |  | 1,585 |  |  | 297 |  |  | - |  |  | 3,551
(Release) provision |  |  | (261) |  |  | (3,418) |  |  | (416) |  |  | 431 |  |  | 91 |  |  | 1,573 |  |  | (2,000)
Ending balance |  | $ | 1,526 |  | $ | 12,817 |  | $ | 1,897 |  | $ | 2,101 |  | $ | 1,404 |  | $ | 3,585 |  | $ | 23,330
Ending balance: Individually evaluated for impairment |  | $ | - |  | $ | 167 |  | $ | 107 |  | $ | 267 |  | $ | - |  | $ | - |  | $ | 541
Ending balance: Collectively evaluated for impairment |  | $ | 1,526 |  | $ | 12,650 |  | $ | 1,790 |  | $ | 1,834 |  | $ | 1,404 |  | $ | 3,585 |  | $ | 22,789
Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending balance |  | $ | 114,990 |  | $ | 600,649 |  | $ | 41,936 |  | $ | 365,602 |  | $ | 3,142 |  | $ | 14,563 |  | $ | 1,140,882
Ending balance: Individually evaluated for impairment |  | $ | 1,645 |  | $ | 19,515 |  | $ | 2,585 |  | $ | 17,041 |  | $ | - |  | $ | - |  | $ | 40,786
Ending balance: Collectively evaluated for impairment |  | $ | 113,345 |  | $ | 581,134 |  | $ | 39,351 |  | $ | 348,561 |  | $ | 3,142 |  | $ | 14,563 |  | $ | 1,100,096

X
- References No definition available. + Details
Name: | osbc_AllowanceForLoanLossesDisclosureAbstract
Namespace Prefix: | osbc_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivables (examples of financing receivables include loans, trade accounts receivable and notes receivable) and activity in the allowance for credit losses account. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -URI http://asc.fasb.org/extlink&oid=35738203&loc=SL6953423-111524 + Details
Name: | us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration