Ottawa Bancorp Inc (OTTW) Financial Statements (2024 and earlier)

Company Profile

Business Address 925 LASALLE STREET
OTTAWA, IL 61350
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 6035 - Savings Institutions, Federally Chartered (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

3/31/2020
MRQ
12/31/2019
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 6,0388,4303,7565,947
Cash and cash equivalents 6,0388,4303,7565,947
Total current assets: 6,0388,4303,7565,947
Noncurrent Assets
Property, plant and equipment 6,5186,6216,6706,844
Intangible assets, net (including goodwill) 8208789361,009
Goodwill 650650650650
Intangible assets, net (excluding goodwill) 170228286359
Deferred income tax assets 1,743
Total noncurrent assets: 9,0817,4997,6067,853
Other undisclosed assets 285,412276,907244,038216,362
TOTAL ASSETS: 300,532292,836255,400230,161
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities 249,821240,012202,297177,417
Total liabilities: 249,821240,012202,297177,417
Temporary equity, carrying amount   1,202808
Equity
Equity, attributable to parent, including: 50,71152,82451,90151,936
Common stock 32343535
Additional paid in capital 32,84635,58036,95037,117
Accumulated other comprehensive income (loss) 325(31)15369
Retained earnings 18,93918,85917,72117,455
Unearned esop shares  (1,577)(1,755)(1,933)
Other undisclosed equity, attributable to parent (1,430)(40)(1,202)(808)
Total equity: 50,71152,82451,90151,936
TOTAL LIABILITIES AND EQUITY: 300,532292,836255,400230,161

Income Statement (P&L) ($ in thousands)

3/31/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues 11,79610,3859,8888,279
Net investment income 11,79610,3858,7087,328
Cost of revenue (595)(528)(575)(443)
Provision for loan, lease, and other losses (595)(528)
Financial services costs(575)(443)
Gross profit: 11,2019,8579,3137,837
Operating expenses (2,410)(2,416)(6,495)(5,604)
Operating income: 8,7917,4412,8182,233
Nonoperating income (expense) 2625(22)58
Investment income, nonoperating 2625(115)8
Gains on sales of other real estate   45 
Bank owned life insurance income   4850
Interest and debt expense (3,100)(1,981)(1,045)(856)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes (3,055)(2,812)567426
Income from continuing operations before income taxes: 2,6632,6742,3181,861
Income tax expense (726)(679)(1,504)(600)
Income from continuing operations: 1,9371,9948141,261
Income before gain (loss) on sale of properties: 1,9371,9948141,261
Net income available to common stockholders, diluted: 1,9371,9948141,261

Comprehensive Income ($ in thousands)

3/31/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net income: 1,9371,9948141,261
Other comprehensive income (loss) 356(184)58(369)
Comprehensive income, net of tax, attributable to parent: 2,2931,811872892

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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