First Ottawa Bancshares, Inc. (FOTB)

First Ottawa Bancshares Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	100.53	90.27	73.73	48.3	38.48	28.33
Interest Income on Investments	10.93	10.41	8.64	3.55	1.36	1.15
Total Interest Income	111.46	100.69	82.36	51.85	39.83	29.49
Interest Paid on Deposits	41.97	38.89	24.42	4.55	1.39	3.07
Interest Paid on Borrowings	4.93	5.83	6.27	3.18	1.9	0.93
Total Interest Expense	46.9	44.72	30.69	7.72	3.29	4
Net Interest Income	64.57	55.97	51.67	44.13	36.54	25.48
Net Interest Income Growth (YoY)	18.88%	8.32%	17.09%	20.76%	43.40%	81.42%
Trust Income	1.29	1.1	0.96	1	0.98	0.9
Gain (Loss) on Sale of Investments	-	-	-0.14	-	-	-
Other Non-Interest Income	6.92	5.2	3.88	5.82	7.77	7.39
Total Non-Interest Income	8.21	6.3	4.7	6.82	8.75	8.29
Non-Interest Income Growth (YoY)	44.68%	33.95%	-31.11%	-21.98%	5.49%	144.82%
Revenues Before Loan Losses	72.77	62.27	56.37	50.95	45.29	33.78
Provision for Loan Losses	3.01	3.7	7.08	3.98	3	5.35
Revenue	69.76	58.57	49.29	46.98	42.29	28.43
Revenue Growth (YoY)	27.74%	18.81%	4.93%	11.09%	48.77%	74.24%
Salaries and Employee Benefits	23.13	20.06	19.23	21.17	18.78	17.55
Occupancy Expenses	2.65	2.64	2.5	2.18	1.89	1.91
Federal Deposit Insurance	2	2.05	1.65	1.15	0.82	0.7
Selling, General & Administrative	5.31	4.61	3.84	4.03	3.09	2.03
Other Non-Interest Expense	3.36	3.11	2.78	2.01	1.76	1.62
Total Non-Interest Expense	36.46	32.51	30.11	30.43	26.48	24.05
EBT Excluding Unusual Items	33.3	26.06	19.19	16.55	15.81	4.38
Pretax Income	33.3	26.06	19.19	16.55	15.81	4.38
Income Tax Expense	8.88	7.05	5.17	4.31	4.29	1.45
Net Income	24.42	19.01	14.01	12.24	11.52	2.92
Net Income to Common	24.42	19.01	14.01	12.24	11.52	2.92
Net Income Growth	41.40%	35.62%	14.46%	6.31%	294.25%	22.99%
Basic Shares Outstanding	1	1	1	1	1	1
Diluted Shares Outstanding	1	1	1	1	1	1
Shares Change (YoY)	1.95%	1.49%	2.67%	3.70%	2.58%	7.48%
EPS (Basic)	26.30	20.79	15.56	13.96	13.61	3.54
EPS (Diluted)	26.30	20.79	15.56	13.96	13.61	3.54
EPS Growth	38.69%	33.64%	11.48%	2.52%	284.32%	14.40%
Dividend Per Share	-	1.500	1.500	1.500	1.500	1.500
Effective Tax Rate	26.67%	27.06%	26.95%	26.04%	27.15%	33.23%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.