Welcome to our dedicated page for Ottawa news (Ticker: OTTW), a resource for investors and traders seeking the latest updates and insights on Ottawa stock.
Ottawa Bancorp, Inc. (OTTW) provides essential banking services through Ottawa Savings Bank, serving Illinois communities since 1871. This news hub offers investors and stakeholders timely access to official updates and financial developments.
Track all corporate announcements through verified press releases, including earnings reports, regulatory filings, and strategic initiatives. Our curated collection simplifies monitoring of key areas like residential mortgage trends, commercial lending expansions, and deposit product innovations.
Discover updates across three core categories: financial performance disclosures, operational changes, and community banking initiatives. Each update is sourced directly from company communications to ensure accuracy for investment research and market analysis.
Bookmark this page for streamlined access to OTTW’s evolving story. Regular visitors gain strategic advantages through organized historical data and immediate notification of material developments affecting regional banking markets.
Ottawa Bancorp, Inc. announced first quarter 2024 results showing a net income of $0.3 million, down from $0.4 million last year. The loan portfolio decreased to $306.1 million, non-performing loans remained at $4.8 million. Interest rates and local competition impacted cost of funds. Despite challenges, asset quality remains strong with a focus on improving earnings and shareholder value.
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