First Ottawa Bancshares, Inc. (FOTB)

First Ottawa Bancshares Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	105.02	90.27	73.73	48.3	38.48
Interest Income on Investments	11.26	10.41	8.64	3.55	1.36
Total Interest Income	116.28	100.69	82.36	51.85	39.83
Interest Paid on Deposits	42.78	38.89	24.42	4.55	1.39
Interest Paid on Borrowings	5.25	5.83	6.27	3.18	1.9
Total Interest Expense	48.03	44.72	30.69	7.72	3.29
Net Interest Income	68.26	55.97	51.67	44.13	36.54
Net Interest Income Growth (YoY)	21.95%	8.32%	17.09%	20.76%	43.40%
Trust Income	1.27	1.1	0.96	1	0.98
Gain (Loss) on Sale of Investments	0.01	-	-0.14	-	-
Other Non-Interest Income	7.37	5.2	3.88	5.82	7.77
Total Non-Interest Income	8.65	6.3	4.7	6.82	8.75
Non-Interest Income Growth (YoY)	37.41%	33.95%	-31.11%	-21.98%	5.49%
Revenues Before Loan Losses	76.91	62.27	56.37	50.95	45.29
Provision for Loan Losses	4.38	3.7	7.08	3.98	3
Revenue	72.53	58.57	49.29	46.98	42.29
Revenue Growth (YoY)	23.84%	18.81%	4.93%	11.09%	48.77%
Salaries and Employee Benefits	24.29	20.06	19.23	21.17	18.78
Occupancy Expenses	2.68	2.64	2.5	2.18	1.89
Federal Deposit Insurance	1.99	2.05	1.65	1.15	0.82
Selling, General & Administrative	6	4.61	3.84	4.03	3.09
Other Non-Interest Expense	3.32	3.11	2.78	2.01	1.76
Total Non-Interest Expense	38.37	32.51	30.11	30.43	26.48
EBT Excluding Unusual Items	34.16	26.06	19.19	16.55	15.81
Pretax Income	34.16	26.06	19.19	16.55	15.81
Income Tax Expense	9.2	7.05	5.17	4.31	4.29
Net Income	24.96	19.01	14.01	12.24	11.52
Net Income to Common	24.96	19.01	14.01	12.24	11.52
Net Income Growth	31.32%	35.62%	14.46%	6.31%	294.25%
Basic Shares Outstanding	1	1	1	1	1
Diluted Shares Outstanding	1	1	1	1	1
Shares Change (YoY)	2.20%	1.49%	2.67%	3.70%	2.58%
EPS (Basic)	26.72	20.79	15.56	13.96	13.61
EPS (Diluted)	26.72	20.79	15.56	13.96	13.61
EPS Growth	28.49%	33.64%	11.48%	2.52%	284.32%
Dividend Per Share	1.500	1.500	1.500	1.500	1.500
Effective Tax Rate	26.94%	27.06%	26.95%	26.04%	27.15%

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