First Ottawa Bancshares, Inc. Board Dividend Declaration Announcement
First Ottawa Bancshares, Inc. has announced that its Board of Directors approved a $1.00 per share semiannual cash dividend and a $1.00 per share special cash dividend for shareholders of its common stock. This combined $2.00 per share dividend continues the company's practice of regular semiannual payments, marking the ninth consecutive year such dividends have been declared.
Exhibit 10.1
First Ottawa Bancshares Announces Dividend
Ottawa, Ill., November 14, 2005 The Board of Directors of First Ottawa Bancshares, Inc. (Pink Sheets: FOTB.PK) approved the payment of a $1.00 per share semi annual cash dividend and a $1.00 per share special cash dividend on the Companys common stock. The combined $2.00 per common share cash dividend marks the ninth consecutive year that this semiannual payment has been declared.