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Announced

Old Second Bancorp to acquire Bancorp Financial for $197m.

Synopsis

Old Second Bancorp, a bank holding company, agreed to acquire Bancorp Financial, the parent company of Evergreen Bank Group, for $197m. "This partnership provides an exciting opportunity to expand our footprint in Chicago and enhances our ability to serve customers with additional lending capabilities," James Eccher, Old Second Bancorp Chairman, President, and CEO.

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