Ottawa Bancorp, Inc. (OTTW)

Ottawa Bancorp Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	12.68	13.4	10.92	8.23	13.86	10.22
Investment Securities	18.65	3.3	4.66	9.1	14.02	14.95
Mortgage-Backed Securities	-	15.48	16.49	23.85	7.93	11.05
Total Investments	18.65	18.78	21.15	32.95	21.94	26
Gross Loans	308.46	316.55	312.05	287.52	258.58	250.71
Allowance for Loan Losses	-4.3	-4.37	-4.3	-3.64	-3.48	-2.94
Net Loans	304.15	312.18	307.75	283.88	255.1	247.78
Property, Plant & Equipment	6.07	6	6.16	6.33	6.31	6.45
Goodwill	0.65	0.65	0.65	0.65	0.65	0.65
Other Intangible Assets	0.01	0.03	0.07	0.1	0.13	0.17
Loans Held for Sale	0.37	-	-	0.4	-	1.23
Accrued Interest Receivable	1.9	1.7	1.12	1.01	0.97	0.88
Long-Term Deferred Tax Assets	2.27	2.8	2.69	1.79	1.67	1.74
Other Real Estate Owned & Foreclosed	-	-	-	-	0.11	-
Other Long-Term Assets	8.45	8.38	7.19	7.18	6.84	5.42
Total Assets	355.2	363.92	357.7	342.53	307.59	300.53
Interest Bearing Deposits	254.78	210.75	227.15	219.05	200.37	205.55
Institutional Deposits	-	46.5	39.9	31.1	17.4	17.1
Non-Interest Bearing Deposits	20.49	23.84	22.63	22.9	18.29	13.66
Total Deposits	275.27	281.09	289.68	273.05	236.06	236.31
Short-Term Borrowings	2.77	11.5	8	-	4	-
Current Portion of Long-Term Debt	-	1.5	1	-	2	-
Accrued Interest Payable	0.74	0.32	0.12	0.05	0.05	0.01
Long-Term Debt	1.42	1.7	2.1	-	-	-
Federal Home Loan Bank Debt, Long-Term	28.5	17.75	9.75	16.52	11.55	9.07
Pension & Post-Retirement Benefits	-	0.36	0.4	0.44	0.45	0.9
Other Long-Term Liabilities	5.32	8.06	5.33	6.49	5.24	3.53
Total Liabilities	314.02	322.28	316.38	296.55	259.35	249.82
Common Stock	0.02	0.03	0.03	0.03	0.03	0.03
Additional Paid-In Capital	23.78	24.74	24.85	28.47	30.42	32.85
Retained Earnings	21.25	21.8	21.71	20.54	19.46	18.94
Treasury Stock	-1.58	-1.69	-1.82	-2.07	-0.96	-
Comprehensive Income & Other	-2.29	-3.23	-3.45	-1	-0.71	-1.1
Shareholders' Equity	41.18	41.64	41.32	45.97	48.23	50.71
Total Liabilities & Equity	355.2	363.92	357.7	342.53	307.59	300.53
Total Debt	32.69	32.45	20.85	16.52	17.55	9.07
Net Cash (Debt)	-20.01	-19.05	-9.68	-8.04	-0.46	2.64
Net Cash Growth	-	-	-	-	-	16.96%
Net Cash Per Share	-8.07	-7.59	-3.76	-2.85	-0.15	0.85
Filing Date Shares Outstanding	2.48	2.48	2.48	2.71	2.84	3.02
Total Common Shares Outstanding	2.48	2.48	2.48	2.71	2.84	3.02
Book Value Per Share	16.57	16.76	16.66	16.94	17.01	16.79
Tangible Book Value	40.52	40.96	40.6	45.22	47.45	49.89
Tangible Book Value Per Share	16.31	16.48	16.37	16.66	16.73	16.52

Source: S&P Capital IQ. Banks template. Financial Sources.