First Ottawa Bancshares Inc. reported earnings results for the year ended December 31, 2011. For the year, net income was $750,000 or $1.16 per basic and diluted common share, compared to a net loss of $2.1 million or $3.25 per basic and diluted common share, for the year ended December 31, 2010. Net interest income was $8.9 million in both 2011 and 2010. In 2011, earnings varied significantly from quarter to quarter. This volatility was a result of downward pressure on real estate related assets, and some downward pressure and volatility are likely to continue indefinitely.