Ottawa Bancorp Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	16.77	15.88	15.22	14.47	12.55	11.91
Interest Income on Investments	1.37	1.42	0.99	0.7	0.58	0.52
Total Interest Income	18.14	17.3	16.21	15.17	13.13	12.43
Interest Paid on Deposits	6.29	6.3	6.42	5.12	1.62	1.27
Interest Paid on Borrowings	0.6	0.67	0.86	0.63	0.28	0.27
Total Interest Expense	6.89	6.97	7.28	5.75	1.89	1.54
Net Interest Income	11.25	10.33	8.93	9.42	11.23	10.89
Net Interest Income Growth	12.05%	15.68%	-5.13%	-16.19%	3.15%	10.80%
Gain (Loss) on Sale of Investments	-	-	-0.6	-	-	-
Other Non-Interest Income	1.73	1.07	1.12	1.13	1.56	2.05
Total Non-Interest Income	1.87	1.24	0.7	1.25	1.75	2.96
Non-Interest Income Growth	46.09%	77.11%	-44.23%	-28.41%	-40.73%	-11.21%
Revenues Before Loan Losses	13.13	11.57	9.63	10.67	12.99	13.85
Provision for Loan Losses	-0.03	-0.04	-0.15	-0.25	1.15	0.15
Revenue	13.15	11.62	9.78	10.92	11.84	13.7
Revenue Growth	13.86%	18.75%	-10.42%	-7.76%	-13.57%	9.58%
Salaries and Employee Benefits	5.33	5.05	4.43	4.49	4.64	5.66
Occupancy Expenses	0.08	0.12	0.17	-	-	-
Federal Deposit Insurance	0.16	0.16	0.16	0.15	0.09	0.08
Selling, General & Administrative	3.93	2.81	3.04	2.71	2.54	2.46
Other Non-Interest Expense	1.08	1.05	0.91	1.25	1.23	1.43
Total Non-Interest Expense	10.58	9.18	8.71	8.59	8.51	9.64
EBT Excluding Unusual Items	2.58	2.43	1.08	2.33	3.33	4.06
Pretax Income	2.58	2.43	1.08	2.33	3.33	4.06
Income Tax Expense	0.81	0.75	0.3	0.66	0.95	1.15
Net Income	1.76	1.68	0.78	1.67	2.38	2.9
Net Income to Common	1.76	1.68	0.78	1.67	2.38	2.9
Net Income Growth	-6.37%	116.00%	-53.37%	-29.87%	-18.06%	17.04%
Basic Shares Outstanding	2	2	2	3	3	3
Diluted Shares Outstanding	2	2	2	3	3	3
Shares Change	-2.60%	-3.36%	-2.96%	-2.61%	-8.58%	-4.20%
EPS (Basic)	0.76	0.71	0.32	0.66	0.92	1.03
EPS (Diluted)	0.76	0.71	0.31	0.66	0.92	1.03
EPS Growth	-3.87%	129.03%	-53.03%	-28.51%	-10.36%	22.62%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	0.440	0.440	0.440	0.440	0.440	0.400
Dividend Growth	300.00%	0%	0%	0%	10.00%	25.00%
Effective Tax Rate	31.53%	30.94%	27.62%	28.25%	28.59%	28.45%