Logansport Financial Corp. Reports Net Earnings for the Quarter Ended September 30, 2025

Rhea-AI Summary

Logansport Financial Corp (OTCQB: LOGN) reported net earnings of $520,000 (EPS $0.85 diluted) for the quarter ended September 30, 2025, compared with $192,000 (EPS $0.31) in Q3 2024. Year-to-date net earnings were $1.309 million for 2025 versus $808,000 in 2024, and diluted EPS for the nine months rose to $2.14 from $1.32.

Total assets were $270.1 million and deposits were $232.0 million at 9/30/2025. Quarterly net interest income increased to $1.862 million from $1.282 million a year earlier. The company paid $1.35 per share in dividends through nine months of 2025, unchanged from 2024. Key balance-sheet items: loans receivable net $175.2M, allowance for loan losses $2.205M, and unrealized loss on securities $(6.429M).

Positive

• Quarterly net earnings increased to $520,000 from $192,000
• YTD net earnings rose to $1.309M from $808,000
• Diluted EPS (9 months) increased to $2.14 from $1.32
• Quarterly net interest income grew to $1.862M from $1.282M
• Dividends paid steady at $1.35 per share through nine months

Negative

• Allowance for loan losses declined to $2.205M from $2.859M
• Unrealized loss on securities widened to $6.429M from $5.756M

LOGANSPORT, Ind., Oct. 20, 2025 (GLOBE NEWSWIRE) -- Logansport Financial Corp., (OTCQB, LOGN), parent company of Logansport Savings Bank, reported net earnings for the quarter ended September 30, 2025 of $520,000 or $0.85 per diluted share, compared to earnings in 2024 of $192,000 or $0.31 per diluted share. Year to date the company reported net earnings of $1,309,000 for 2025 compared to $808,000 for 2024. Diluted earnings per share for the nine months ended September 30, 2025 were $2.14 compared to $1.32 for the nine months ended September 30, 2024. Total assets at September 30, 2025 were $270.1 million compared to total assets at September 30, 2024 of $256.9 million. Total Deposits at September 30, 2025 were $232.0 million compared to total deposits of $216.6 million at September 30, 2024. The company paid a total of $1.35 per share in dividends in the first nine months of 2025 compared to $1.35 in 2024.

The statements contained in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which involves a number of risks and uncertainties. A number of factors could cause results to differ materially from the objectives and estimates expressed in such forward-looking statements. These factors include, but are not limited to, changes in the financial condition of issuers of the Company’s investments and borrowers, changes in economic conditions in the Company’s market area, changes in policies of regulatory agencies, fluctuations in interest rates, demand for loans in the Company’s market area, changes in the position of banking regulators on the adequacy of our allowance for loan losses, and competition, all or some of which could cause actual results to differ materially from historical earnings and those presently anticipated or projected. These factors should be considered in evaluation of any forward-looking statements, and undue reliance should not be placed on such statements. The Company does not undertake and specifically disclaims any obligation to update any forward-looking statements to reflect occurrence of anticipated or unanticipated events or circumstances after the date of such statements.

Logansport Financial Corp.
Selected Financial Data
(Dollars in thousands except for share data)
								9/30/2025				9/30/2024
Total Assets								$	270,113			$	256,930
Loans receivable, net									175,217				172,097
Allowance for loan losses								2,205					2,859
Cash and cash equivalents								18,278					11,384
Securities available for sale								25,250					26,783
Investment in Logansport Investments, Inc.								28,655					29,859
Federal Home Loan Bank stock								3,150					3,150
Deposits								231,965					216,600
FHLB borrowings and note payable								15,000					15,000
Shareholders' equity								21,956					21,918
Unrealized gain (loss) on securities									(6,429	)			(5,756	)
Shares Issued and Outstanding								612,192					611,597
Nonperforming loans								3,390					3,288
Real Estate Owned								-					-
	Quarter ended 9/30							Six months ended 9/30
		2025			2024				2025				2024
Interest income	$	3,418		$	2,852			$	10,108			$	8,894
Interest expense		1,556			1,570				4,756				4,657
Net interest income		1,862			1,282				5,352				4,237
Provision for loan losses		-			(30	)			-				(79	)
Net interest income after provision		1,862			1,312				5,352				4,316
Gain on sale of loans		70			99				199				260
Other income		371			432				1,076				1,316
General, admin. & other expense		1,759			1,732				5,227				5,171
Earnings before income taxes		544			111				1,400				721
Income tax expense		24			(81	)			91				(87	)
Net earnings	$	520		$	192			$	1,309			$	808
Earnings per share	$	0.85		$	0.31			$	2.14			$	1.32
Weighted avg. shares o/s-diluted		612,192			611,597				612,192				611,597

Contact: Kristie Richey
Chief Financial Officer
Phone-574-722-3855
Fax-574-722-3857

FAQ

What did LOGN report for net earnings in Q3 2025?

Logansport Financial reported $520,000 net earnings for Q3 2025, or $0.85 diluted EPS.

How did Logansport Financial's year-to-date earnings for 2025 compare to 2024 (LOGN)?

YTD net earnings were $1.309 million in 2025 versus $808,000 in 2024.

What was LOGN's diluted earnings per share for the nine months ended September 30, 2025?

Diluted EPS for the nine months ended 9/30/2025 was $2.14 compared with $1.32 in 2024.

How large were Logansport Financial's total assets and deposits at 9/30/2025?

Total assets were $270.1 million and total deposits were $232.0 million at September 30, 2025.

Did LOGN pay dividends in the first nine months of 2025 and how much?

Yes. The company paid $1.35 per share in dividends in the first nine months of 2025, unchanged from 2024.

What balance-sheet risks did Logansport Financial disclose for 9/30/2025?

Notable items include a reduced allowance for loan losses of $2.205M and an increased unrealized securities loss of $6.429M.