Logansport Financial Corp. reports recurring bank holding company updates for Logansport Savings Bank, a state commercial bank based in Logansport, Indiana. Company news centers on quarterly and annual earnings, diluted earnings per share, return measures, loan balances, deposits, total assets, and cash dividends on LOGN common stock.
Its releases typically frame performance through community-bank balance sheet measures and shareholder distributions, reflecting the company's role as the parent of a local commercial banking institution.
Logansport Financial Corp. (LOGN) has announced a quarterly cash dividend of $0.45 per share for Q1 2023. This dividend will be payable on April 24, 2023 to stockholders of record as of March 22, 2023. As a holding company for Logansport Savings Bank, this declaration reflects the company's ongoing commitment to returning value to its shareholders. This dividend amount is significant, as it indicates financial stability and shareholder confidence.
Logansport Financial Corp. (LOGN) reported its earnings for the fiscal year ending December 31, 2022, showing a net income of $3,163,000, a decline from $3,207,000 in 2021. For Q4 2022, net earnings were $735,000, down from $843,000 year-over-year. Earnings per share (EPS) slightly decreased to $5.19 from $5.26. Return on Assets declined from 1.30% to 1.24%, while Return on Equity improved to 15.47% from 11.27%. The total assets increased to $255,048,000 compared to $247,706,000 in 2021. The company noted potential risks, including economic changes and regulatory factors, which could affect future performance.
Logansport Financial Corp. (LOGN) has declared a quarterly cash dividend of $0.45 per share for Q4 2022, marking a 12.5% increase from the previous quarter. This dividend is scheduled to be paid on January 16, 2023, to shareholders on record by December 15, 2022. This increase reflects the company's ongoing commitment to returning value to its shareholders.
Logansport Financial Corp. (OTCQB, LOGN) reported net earnings of $820,000 or $1.34 per diluted share for the quarter ended September 30, 2022, an increase from $766,000 or $1.26 per diluted share in 2021. Year-to-date earnings rose to $2,428,000 compared to $2,364,000 in 2021, with diluted earnings per share increasing from $3.89 to $3.98. Total assets decreased to $241 million from $250.1 million, while total deposits rose slightly to $220.3 million. The company declared dividends of $1.20 per share in the first half of 2022, down from $3.20 in 2021.
Logansport Financial Corp. (LOGN) has declared a quarterly cash dividend of $0.40 per share for Q3 2022. This dividend is scheduled for payment on October 17, 2022, to shareholders on record as of September 16, 2022. The announcement reflects the company’s ongoing commitment to returning value to its shareholders while maintaining its operations through its subsidiary, Logansport Savings Bank, in Logansport, Indiana.
Logansport Financial Corp. (OTCQB: LOGN) reported strong net earnings of $825,000 or $1.35 per diluted share for Q2 2022, up from $665,000 or $1.09 per share in Q2 2021. Year-to-date earnings reached $1,608,000, slightly higher than $1,598,000 in 2021. Diluted EPS for the first half of 2022 remained stable at $2.64 compared to $2.63 in 2021. However, total assets decreased to $242.3 million from $243.4 million year-over-year, while total deposits increased to $220.5 million from $213.7 million. Dividends paid per share decreased from $2.80 in 2021 to $0.80 in 2022.
Logansport Financial Corp. (OTCBB – LOGN) declared a quarterly cash dividend of $0.40 per share for the second quarter of 2022. This dividend is set to be paid on July 18, 2022, to shareholders on record as of June 17, 2022. The announcement underscores the company’s commitment to returning value to its shareholders amidst ongoing operations through its subsidiary, Logansport Savings Bank.
Logansport Financial Corp. (LOGN) reported a net earnings decrease in Q1 2022, with net earnings of $783,000 or $1.28 per diluted share compared to $934,000 or $1.52 per diluted share in Q1 2021. Total loans increased to $143.4 million from $139.5 million, while total deposits rose to $218.7 million from $216.6 million. Total assets fell to $244.9 million, down from $247.7 million. The company declared a dividend of $0.40 per share for the first quarter.
Logansport Financial Corp. (LOGN) announced a quarterly cash dividend of $0.40 per share for Q1 2022. This dividend is scheduled for payment on April 22, 2022, to shareholders on record as of March 22, 2022. The bank operates as a holding company for Logansport Savings Bank, emphasizing its commitment to returning value to shareholders.
Logansport Financial Corp. (LOGN) has declared a quarterly cash dividend of $.40 per share for Q1 2022, payable on April 22, 2022. This dividend is for shareholders on record as of March 22, 2022. The announcement reflects the company's commitment to return value to its shareholders.