Welcome to our dedicated page for Logansport Finl news (Ticker: LOGN), a resource for investors and traders seeking the latest updates and insights on Logansport Finl stock.
Logansport Financial Corp (LOGN), parent company of Logansport Savings Bank, delivers community-focused banking services across Cass County, Indiana. This page provides authorized updates about the institution's financial performance, leadership decisions, and customer offerings.
Investors and stakeholders will find timely press releases detailing quarterly earnings, regulatory disclosures, and strategic initiatives. Our curated collection ensures transparent access to material developments affecting the company's operations in personal/commercial banking markets.
Key updates include financial results, product launches, executive appointments, and regulatory compliance announcements. All content is sourced directly from company filings and verified communications to maintain accuracy.
Bookmark this page for streamlined tracking of LOGN's evolving role in Indiana's banking sector. Check regularly for new developments impacting deposit services, loan products, and digital banking innovations.
Logansport Financial Corp. (OTCBB: LOGN), the parent company of Logansport Savings Bank, has announced a second-quarter cash dividend of $0.45 per share of its common stock for 2024.
This dividend will be payable on July 15, 2024, to shareholders recorded as of June 14, 2024.
Logansport Financial Corp. (LOGN) reported net earnings of $596,000 or $0.98 per diluted share for Q1 2023, a decline from $783,000 or $1.28 per diluted share in Q1 2022. The company paid dividends of $0.45 per share during the quarter. As of March 31, 2023, total loans increased to $160.6 million, while deposits decreased to $209.3 million. Total assets were reported at $253.8 million, down from $255.0 million at year-end 2022. The allowance for loan losses rose to $2.9 million, while cash and cash equivalents dropped to $3.5 million. The financial results reflect ongoing economic challenges and pressures on the banking sector, with interest expenses significantly increasing to $844,000 from $116,000 in the prior year.
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