Ottawa Bancorp, Inc. Announces 2026 Second Quarter Results

OTTAWA, Ill., July 29, 2026 (GLOBE NEWSWIRE) -- Ottawa Bancorp, Inc. (the “Company”) (OTCQX:OTTW), the holding company for OSB Community Bank (the “Bank”), announced net income of $1.0 million, or $0.42 per basic and diluted common share, for the three months ended June 30, 2026, compared to net income of $0.5 million, or $0.21 per basic and diluted common share, for the three months ended June 30, 2025.   For the six months ended June 30, 2026, the Company announced net income of $1.5 million, or $0.66 per basic and diluted common share, compared to net income of $0.9 million, or $0.39 per basic and diluted common share for the six months ended June 30, 2025. The loan portfolio, net of allowance, decreased to $305.3 million as of June 30, 2026 from $305.8 million as of December 31, 2025 as payments and payoffs during the six month period exceeded originations. Non-performing loans decreased to $1.1 million at June 30, 2026 from $1.2 million at December 31, 2025.   As a result, the ratio of non-performing loans to gross loans decreased from 0.38% at December 31, 2025 to 0.36% at June 30, 2026.