Ottawa Bancorp, Inc. Announces 2026 First Quarter Results
Ottawa Savings Bancorp, Inc. (IL) (OTTW)
NASDAQ:AMEX Investor Relations:
ottawasavings.com/investor-information
Company Research
Source: GlobeNewswire
OTTAWA, Ill., April 28, 2026 (GLOBE NEWSWIRE) -- Ottawa Bancorp, Inc. (the “Company”) (OTCQX: OTTW), the holding company for OSB Community Bank (the “Bank”), announced net income of $0.6 million, or $0.26 per basic and diluted common share, for the three months ended March 31, 2026, compared to net income of $0.4 million, or $0.19 per basic and diluted common share, for the three months ended March 31, 2025. The loan portfolio, net of allowance, increased to $308.0 million as of March 31, 2026 from $305.8 million as of December 31, 2025 as originations exceeded payments and payoffs during the quarter. Non-performing loans decreased to $1.0 million at March 31, 2026 from $1.2 million at December 31, 2025. Thus, the ratio of non-performing loans to gross loans decreased from 0.38% at December 31, 2025 to 0.34% at March 31, 2026. Through March 31, 2026, the Company has repurchased a total of 1,202,370 shares of its common stock under all of its stock repurchase programs at an average
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