OLD SECOND BANCORP INC
SC 13G, 1997-02-12
STATE COMMERCIAL BANKS
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               SECURITIES AND EXCHANGE COMMISSION      
                     Washington, D.C. 20549


                          SCHEDULE 13G

            Under the Securities Exchange Act of 1934
                    (Amendment No.______)*


                    Old Second Bancorp,Inc.                       
                        (Name of Issuer)

                          Common Stock                            
                 (Title of Class of Securities)

                          680-277-10-0               
                         (CUSIP Number)



Check the following box if a fee is being paid with this statement/X/. 
(A fee is not required only if the filing person: (1) has a previous
statement on file reporting beneficial ownership of more than five
percent of the class of securities described in Item 1; and (2) has
filed no amendment subsequent thereto reporting beneficial ownership of
five percent or less of such class.)
(See Rule 13d-7.)

*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class
of securities, and for any subsequent amendment containing information
which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities
Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of
that section of the Act but shall be subject to all other provisions of
the Act (however, see the Notes).


                  (Continued on following page(s))

                      Page 1 of 5 Pages        


<PAGE>


CUSIP No. 680-277-10-0                13G      Page   2 of  5 Pages


1    Name of Reporting Person   
     S.S. or I.R.S. Identification No. of Above Person

     The Old Second National Bank of Aurora
     36-1577458

2    Check the Appropriate Box if a Member of A Group*     (a)/_/      
                                                           (b)/_/

3    SEC USE ONLY


4    Citizenship or Place of Organization

     A National Bank Association, organized under the laws of
     the United States of America


Number of Shares Beneficially Owned By Each Reporting Person
With

5    Sole Voting Power
     
     184,372

6    Shared Voting Power

     None

7    Sole Dispositive Power

     133,524

8    Shared Dispositive Power

     43,894

9    Aggregate Amount Beneficially Owned By Each Reporting Person

     595,102

10   Check Box If The Aggregate Amount In Row (9) Excludes Certain
     Shares*


11   Percent of Class Represented By Amount In Row 9
 
     20.3%

12   Type of Reporting Person*

     BK
                              Page 2 of 5

<PAGE>
     
Item 1(a).     Name of Issuer

               Old Second Bancorp, Inc.

Item 1(b).     Address of Issuer's Principal Executive Offices

               37 S. River St., Aurora, Il.  60507

Item 2(a).     Name of Person Filing 

               The Old Second National Bank of Aurora

Item 2(b).     Address of Principal Business Office

               37 S. River St., Aurora, Il.  60507

Item 2(c).     Citizenship

               A National Banking association organized under
               the laws of the United States.

Item 2(d).     Title of Class of Securities

               Common Stock no par value

Item 2(e).     Cusip Number

               680 277-10-0

Item 3.        Eligibility to File Schedule 13-G
     
               Bank as defined in section 3 (a) (6) of the Act

Item 4.        Ownership

      (a)      Amount Beneficially Owned

                    595,102

      (b)      Percent of Class

                    20.3%

      (c)      Number of shares as to which such person has

               (i)   Sole power to vote or to direct the vote -
                     184,372

               (ii)  Shared power to vote or to direct the vote  
           
                     None

                              Page 3 of 5


<PAGE>

               (iii) Sole power to dispose or to direct the 
                     disposition of - 133,524                             
               (iv)  Shared power to dispose or to direct the
                     disposition of 43,894

Item 5.        Ownership of Five Percent or less of a Class

               Not Applicable.

Item 6.        Ownership of more than Five Percent on Behalf of
               Another Person.

               Genevieve P. Schmitz has the right to receive and
               the power to direct the receipts of dividends
               and the proceeds of the sale of Old Second
               Bancorp, Inc. stock under the J. Carl Schmitz
               marital and residual trusts for the benefit of    
               Genevieve P. Schmitz and James Carl Schmitz which
               trust owns 150,410 (5.12%) of the total Old Second
               Bancorp, Inc. stock.

               A participant of Old Second's Profit Sharing Plan
               and Trust can direct the trustee of the Profit
               Sharing Plan and Trust to purchase shares of 
               Old Second Bancorp, Inc. Common Stock.  The Plan
               owns 251,892 (8.58%) of the total Old Second
               Bancorp, Inc. stock.

Item 7.        Identification and Classification of the          
     
               Subsidiary which acquired the security being
               reported on by the Parent Holding Company.

               Not Applicable.

Item 8.        Identification and Classification of the members
               of the group.

               Not Applicable.

Item 9.        Notice of Dissolution of Group.

               Not Applicable.







                              Page 4 of 5

<PAGE>


Item 10.       Certification

               By signing below I certify that, to the best of my
               knowledge and belief, the securities referred to
               above were acquired in the ordinary course of
               business and were not acquired for the purpose of
               and do not have the effect of changing or
               influencing the control of the issuer of such
               securities and were not acquired in connection
               with or as a participant in any transaction having
               such purpose or effect.

               After reasonable inquiry and the best of my
               knowledge and belief, I certify that the
               information set forth in this statement is true,
               complete and correct.




               -------------------------------------------------
               Date

               /S/  Ronald J. Carlson
               _________________________________________________
               Signature


               Ronald J. Carlson, Vice President and CFO
               -------------------------------------------------
               Name/Title



















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