Makes commercial and consumer loans to individuals and corporations.
Mar 2012Revenue $10.2M/yrExpenses $9.44M/yr
Reached break-even Dec 2011
Figures by year
When did First Ottawa Bancshares become profitable?
Its revenue passed its expenses in Dec 2011. In the 12 months to Mar 2012, revenue was $10.2M and expenses $9.44M.
| Fiscal year to | Revenue | Expenses | Pre-tax profit |
|---|---|---|---|
| Dec 2011 | $10.5M | $9.72M | $801K |
| Dec 2010 | $11.2M | $15.1M | −$3.93M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.