UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report May 1116, 2012 (Date of earliest event reported)

First Ottawa Bancshares, Inc.

(Exact name of Registrant as specified in its charter)

Delaware

(State or other jurisdiction of incorporation)

000-30495		36-4331185
(Commission File Number)		(I.R.S. Employer Identification Number)


701 LaSalle Street, Ottawa, Illinois		61350
(Address of principal executive offices)		(Zip Code)

(815) 434-0044

(Registrant's telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 85.0107. ~~Other~~ ~~Events~~Submission of Matters to a Vote of Security Holders.

On May 1116, 2012, First Ottawa Bancshares, Inc. (the “Company”) ~~filed~~held aits ~~Form~~annual 15meeting ~~with~~of ~~the~~stockholders ~~Securities~~in ~~and~~Ottawa, ~~Exchange Commission~~Illinois. toOf ~~deregister~~ the ~~Company’s~~645,988 ~~common~~shares ~~stock under Section 12(g)(4)~~ of ~~the~~common ~~Securities~~stock ~~Exchange~~issued ~~Act~~and ofoutstanding ~~1934,~~ as ~~amended by~~of the ~~Jumpstart~~record ~~Our~~date ~~Business~~for ~~Startups~~the ~~Act~~meeting, ~~(as amended~~395,794 ~~the~~shares ~~“Exchange~~were ~~Act”).~~represented at ~~The~~the ~~Section~~meeting ~~12(g) deregistration will become~~ in 90person ~~days,~~ or ~~such~~by ~~shorter~~proxy, ~~period~~constituting asapproximately ~~determined~~61% byof the ~~Securities~~outstanding ~~and Exchange Commission~~shares. ~~Based~~At on the ~~filing date of the Form 15~~meeting, the ~~Company does not expect to have any further reporting obligations under the Exchange Act after August 9, 2012.~~stockholders ~~Until~~elected the ~~Section~~three ~~12(g)~~Class ~~deregistration~~I isdirector ~~effective,~~nominees ~~the~~presented ~~Company is required~~ to ~~file~~serve ~~all~~until ~~reports as required by~~ the ~~Exchange Act~~regular ~~Sections~~annual ~~13(a),~~meeting ~~14,~~of ~~and~~stockholders ~~16. The Company expects the deregistration to provide substantial cost savings~~ in ~~the~~2015 ~~form~~or ~~of reduced~~until ~~audit,~~their ~~legal~~successors are elected and ~~filing~~have ~~expenses~~qualified. ~~and~~No other ~~costs~~matters ~~related~~were tovoted ~~complying~~on ~~with~~at the ~~Exchange Act~~meeting.

The final results of the stockholders’ vote on the election of the three Class I directors at the annual meeting are as follows:

Name	Votes For		Votes Withheld		Broker Non-Votes
Bradley J. Armstrong		377,135		18,659		—
Donald J. Harris		378,099		17,695		—
Brian P. Zabel		377,501		18,293		—

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: May 11, 2012	FIRST OTTAWA BANCSHARES, INC.
Dated: May 17, 2012	FIRST OTTAWA BANCSHARES, INC.
	By:	/s/Joachim J. Brown
	Name:	Joachim J. Brown
	Title:	President and Chief Executive Officer

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