Ottawa Bancorp Inc (OTTW) financial statements (2022 and earlier)

Company profile

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

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments6,0388,4303,7565,947
Cash and cash equivalents6,0388,4303,7565,947
Total current assets:6,0388,4303,7565,947
Noncurrent Assets
Property, plant and equipment6,5186,6216,6706,844
Intangible assets, net (including goodwill)8208789361,009
Goodwill650650650650
Intangible assets, net (excluding goodwill)170228286359
Deferred income tax assets1,743
Total noncurrent assets:9,0817,4997,6067,853
Other undisclosed assets285,412276,907244,038216,362
TOTAL ASSETS:300,532292,836255,400230,161
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities249,821240,012202,297177,417
Total liabilities:249,821240,012202,297177,417
Temporary equity, carrying amount  1,202808
Stockholders' equity
Stockholders' equity attributable to parent, including:50,71152,82451,90151,936
Common stock32343535
Additional paid in capital32,84635,58036,95037,117
Accumulated other comprehensive income (loss)325(31)15369
Retained earnings18,93918,85917,72117,455
Unearned esop shares (1,577)(1,755)(1,933)
Other undisclosed stockholders' equity attributable to parent(1,430)(40)(1,202)(808)
Total stockholders' equity:50,71152,82451,90151,936
TOTAL LIABILITIES AND EQUITY:300,532292,836255,400230,161

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues11,79610,3859,8888,279
Net investment income11,79610,3858,7087,328
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, nonoperating2625(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)
Net income available to common stockholders, diluted:1,9371,9948141,261

Comprehensive Income ($ in thousands)

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 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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