Total stockholders equity increased $21.3 million or 69.3% to $52.0 million at December 31, 2016 from $30.7 million at December 31, 2015. The increase resulted primarily from the proceeds of the second-step offering to raise capital during the fourth quarter of 2016, in addition to net income of $1.3 million. Annual Meeting of Stockholders The Company also announced that its annual meeting of stockholders will be held on Wednesday, May 17, 2017. About Ottawa Bancorp, Inc. Ottawa Bancorp, Inc. is the holding company for Ottawa Savings Bank, FSB which provides various financial services to individual and corporate customers in the United States. The Bank offers various deposit accounts, including checking, money market, regular savings, club savings, certificates of deposit, and various retirement accounts. Its loan portfolio includes one-to-four family residential mortgage, multi-family and non-residential real estate, commercial, and construction loans as well as auto loans and home equity lines of credit.
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