OTTW (Ottawa Bancorp) Tax Rate % : 30.90% (As of Sep. 2024)

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What is Ottawa Bancorp Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Ottawa Bancorp's Tax Expense for the three months ended in Sep. 2024 was $0.09 Mil. Ottawa Bancorp's Pre-Tax Income for the three months ended in Sep. 2024 was $0.29 Mil. Therefore, Ottawa Bancorp's Tax Rate % for the quarter that ended in Sep. 2024 was 30.90%.

Ottawa Bancorp Tax Rate % Historical Data

The historical data trend for Ottawa Bancorp's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ottawa Bancorp Tax Rate % Chart

Ottawa Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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27.26

22.95

28.46

28.60

28.25

Ottawa Bancorp Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															27.56	32.78	25.56	17.48	30.90

Ottawa Bancorp Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Ottawa Bancorp's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	0.657	/	2.326
	=	28.25 %

Ottawa Bancorp's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	0.089	/	0.288
	=	30.90 %

Ottawa Bancorp Tax Rate % Related Terms

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Ottawa Bancorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ottawa Bancorp Inc (OTCPK:OTTW) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

925 LaSalle Street, Ottawa, IL, USA, 61350

Website

https://www.myosb.bank

Ottawa Bancorp Inc is a bank holding company engaged in providing a variety of financial services to individual and corporate customers in the Ottawa, Marseilles, and Morris, Illinois areas The bank offers services such as checking, savings, loans, online banking, commercial leasing, and others. It generates revenue from interest and fees related to single-family residential loans to middle-income individuals and interest and fees related to commercial loans to small businesses.

Executives

Craig M Hepner	director, officer: COO	925 LASALLE STREET, OTTAWA IL 61350
Jon Kranov	director, officer: President & CEO	925 LASALLE STREET, C/O OTTAWA SAVINGS BANK, OTTAWA IL 61350
Thomas Michael Adler	director	925 LASALLE STREET, OTTAWA IL 61350
William Kuiper	director	925 LASALLE STREET, OTTAWA IL 61350
John M. Armstrong	director	OTTAWA SAVINGS BANCORP, INC., 925 LASALLE STREET, OTTAWA IL 61350
Marc N Kingry	officer: CFO	925 LASALLE STREET, OTTAWA IL 61350
Mark Stoudt	officer: Chief Lending Officer	925 LASALLE STREET, OTTAWA IL 61350
Arthur Mueller	director	925 LASALLE STREET, C/O OTTAWA SAVINGS BANK, OTTAWA IL 61350
James Ferrero	director	925 LASALLE STREET, C/O OTTAWA SAVINGS BANK, OTTAWA IL 61350
Keith Johnson	director	925 LASALLE STREET, C/O OTTAWA SAVINGS BANK, OTTAWA IL 61350
Daniel Reynolds	director	925 LASALLE STREET, C/O OTTAWA SAVINGS BANK, OTTAWA IL 61350