Ottawa bancorp inc (OTTW)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Dec'15
Assets
Cash and due from banks

10,671

5,272

4,053

4,512

4,460

2,416

3,705

4,214

2,598

2,426

2,093

2,823

3,328

3,916

3,158

2,096

Interest bearing deposits

4,309

765

6,627

1,683

2,842

6,013

7,039

1,826

576

1,328

845

507

1,650

2,030

1,310

5,038

Total cash and cash equivalents

14,981

6,038

10,681

-

-

8,430

-

-

-

-

-

-

-

-

-

-

Total cash and cash equivalents

-

-

-

6,196

7,302

-

10,744

6,040

3,175

3,755

2,938

3,331

4,978

5,946

4,469

7,135

Time deposits

745

1,483

3,736

250

250

250

250

250

250

250

250

250

250

250

250

250

Federal funds sold

2,027

4,185

3,947

8,118

4,409

5,663

198

3,653

1,758

939

3,705

0

2,784

1,690

54,351

1,604

Securities available for sale

22,898

24,515

24,089

24,926

24,469

25,533

24,591

25,556

25,453

26,045

-

-

-

-

-

-

Securities available for sale

-

-

-

-

-

-

-

-

-

-

30,176

38,158

43,992

44,560

44,149

46,984

Non-marketable equity securities

-

-

-

-

-

-

835

769

817

918

752

752

753

753

753

1,358

Loans, net of allowance for loan losses of $3,357,596 and $2,937,632 at March 31, 2020 and December 31, 2019, respectively

250,324

247,775

243,244

245,111

235,793

235,926

224,089

220,488

220,221

207,035

190,754

178,959

167,099

160,586

154,943

140,110

Loans held for sale

-

1,225

1,571

121

250

-

543

594

208

499

659

1,426

689

305

710

0

Premises and equipment, net

6,449

6,517

6,564

6,637

6,695

6,621

6,632

6,613

6,616

6,670

6,725

6,778

6,797

6,843

6,896

7,058

Accrued interest receivable

816

875

800

846

841

824

842

840

812

794

781

857

798

785

800

775

Deferred tax assets

1,806

1,743

-

-

-

1,898

-

-

-

-

-

-

-

-

-

-

Foreclosed real estate

-

-

196

196

196

-

0

85

24

84

83

0

0

33

33

313

Deferred tax assets

-

-

1,779

1,842

1,847

-

2,092

1,991

1,943

1,870

2,505

2,320

2,395

2,593

2,097

2,725

Cash surrender value of life insurance

2,402

2,389

2,376

2,365

2,353

2,341

2,329

2,317

2,305

2,293

2,281

2,269

2,257

2,245

2,232

2,195

Goodwill

649

649

649

649

649

649

649

649

649

649

649

649

649

649

649

649

Core deposit intangible

160

169

184

199

213

228

242

257

271

286

303

321

339

359

382

451

Other assets

3,812

2,962

4,392

4,096

4,232

4,469

3,695

3,727

3,458

3,307

3,165

2,954

2,662

2,558

3,367

1,951

Total assets

307,074

300,531

304,213

301,555

289,505

292,836

277,736

273,833

267,966

255,399

245,731

239,031

236,448

230,161

276,086

213,563

Liabilities
Non-interest bearing

17,366

13,664

13,798

18,034

13,747

14,057

11,911

12,309

11,814

11,562

12,693

11,714

11,418

9,974

10,285

10,325

Interest bearing

225,061

222,648

225,967

210,959

207,494

209,390

196,951

195,420

185,927

171,211

166,196

167,909

166,649

162,572

221,601

166,409

Total deposits

242,428

236,313

239,766

228,993

221,242

223,448

208,862

207,730

197,742

182,774

178,890

179,624

178,068

172,547

231,887

176,734

Accrued interest payable

89

8

10

12

16

5

8

6

6

0

3

1

1

0

1

0

FHLB advances

13,569

9,068

10,078

17,577

10,588

12,087

12,097

9,097

12,857

15,105

9,114

1,113

1,122

1,121

8,630

2,139

Federal funds purchased

-

-

-

-

-

-

-

329

-

-

-

438

-

-

-

-

Other liabilities

2,229

4,431

4,022

4,413

4,715

4,470

4,120

4,212

4,900

4,416

3,711

4,177

4,129

3,748

3,150

3,600

Total liabilities

258,316

249,820

253,877

250,996

236,562

240,011

225,089

221,374

215,506

202,296

191,720

185,355

183,322

177,417

243,669

182,475

Commitments and contingencies (Note 14)

-

-

-

-

-

-

-

-

0

-

0

0

0

0

0

0

Redeemable common stock held by ESOP plan

-

-

-

-

-

-

-

-

1,203

-

1,098

1,016

908

807

561

376

Stockholders' Equity
Common stock, $0.01 par value, 12,000,000 shares authorized; 3,119,598 and 3,159,494 shares issued at March 31, 2020 and December 31, 2019, respectively

31

31

31

32

33

33

33

34

34

34

34

34

34

34

30

30

Additional paid-in-capital

32,263

32,845

32,976

33,614

35,260

35,579

35,923

36,138

36,329

36,949

37,181

37,153

37,134

37,117

15,855

15,845

Retained earnings

17,770

18,938

18,477

18,125

19,058

18,859

18,450

18,022

17,828

17,720

18,340

18,016

17,681

17,455

17,247

16,194

Unallocated ESOP shares

1,366

1,398

1,443

-

-

1,576

-

-

-

-

-

-

-

-

-

-

Unallocated Employee Stock Ownership Plan (ESOP) shares

-

-

-

1,487

1,532

-

1,621

1,665

1,710

1,754

1,799

1,843

1,888

1,932

165

203

Unearned management recognition plan shares

66

30

32

34

36

40

-

-

-

-

-

-

-

-

0

3

Accumulated other comprehensive income

126

324

326

310

159

-31

-139

-69

-21

152

253

314

162

69

661

437

-

-

-

-

-

-

-

-

52,459

-

54,011

53,676

53,126

52,744

33,629

32,300

Treasury stock, at cost; 0 and 106,932 shares at December 31, 2016 and 2015, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,212

1,212

Maximum cash obligation related to ESOP shares

-

-

-

-

-

-

-

-

1,203

-

1,098

1,016

908

807

561

376

Total stockholders' equity

48,757

50,710

50,336

50,559

52,942

52,824

52,647

52,459

51,256

53,102

52,913

52,659

52,217

51,936

31,855

30,711

Total liabilities and stockholders' equity

307,074

300,531

304,213

301,555

289,505

292,836

277,736

273,833

267,966

255,399

245,731

239,031

236,448

230,161

276,086

213,563