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.
Overview of Logansport Financial Corp
Logansport Financial Corp operates as the holding company for Logansport Savings Bank, a trusted institution providing a wide range of personal banking and commercial banking services in Cass County, Indiana. The company distinguishes itself by offering an extensive portfolio of banking products designed to meet the diverse financial needs of individuals and businesses alike. With a focus on traditional community banking values combined with modern technological conveniences, Logansport Financial maintains a strong presence in its local market while simultaneously embracing industry innovations.
Comprehensive Personal Banking Services
The core of Logansport Financial Corp's operations is its commitment to delivering robust personal banking solutions. Customers can access a variety of account types, including checking, savings, and specialized accounts such as health savings and individual retirement accounts. In addition, the bank offers certificates of deposit which provide secure options for saving over defined periods. These products are complemented by business-oriented financial advisory services that help individuals manage their finances with an emphasis on reliability and long-term security.
Extensive Loan and Credit Offerings
Another significant aspect of the company is its well-rounded loan portfolio. Logansport Savings Bank provides a range of loan products including mortgage loans, home equity lines of credit, and tailored solutions such as construction, home improvement, and consumer loans. These services are designed to support clients in both residential and commercial sectors. The company also extends its lending expertise to specialized markets with targeted offerings like farm loans, education loans, and auto financing. This diversified approach to credit ensures that customers from various segments can find appropriate financial pathways to meet their goals.
Business and Commercial Banking Solutions
In addition to personal finance, Logansport Financial Corp emphasizes its strong commitment to supporting local businesses. The institution offers comprehensive commercial banking services including business checking accounts, commercial savings instruments, and money market products. With features such as ACH debit/credit capabilities and modern remote banking services, the company equips businesses with the necessary tools to manage daily financial operations efficiently. Its merchant card services and electronic federal tax payment systems further streamline interaction between the bank and its commercial clientele.
Innovative Digital and In-Person Banking
Recognizing the evolving landscape of financial services, Logansport Financial integrates both digital and face-to-face banking experiences. Advanced internet and mobile banking solutions facilitate convenient account management and transaction processing for customers on the go. These initiatives are balanced with traditional banking methods, including in-person consultations and secure handling of transactions such as coin services and night deposit processes. This hybrid model enables the bank to cater to a wide array of customer preferences.
Strengthening Community Trust and Financial Expertise
Operating within a localized market, Logansport Financial Corp builds its reputation on community trust, timely customer service, and prudent financial management. The company leverages its deep understanding of regional market needs to provide personalized banking solutions, reinforcing its role as a dependable financial partner. Its commitment to regulatory compliance and fiscal responsibility adds an extra layer of security to its operations, ensuring a balanced approach between growth and sustainability.
Operational Excellence and Industry Positioning
The operational strategy of Logansport Financial is underpinned by robust risk management, a diversified portfolio of financial products, and a clear dedication to customer-first service. The company’s approach to quality and accountability positions it as a significant player in its local market. By focusing on both traditional banking products and adapting to emerging digital trends, Logansport Financial maintains a stable yet flexible business model that caters to evolving consumer behaviors.
Key Service Categories
- Personal Banking: Checking, savings, health savings, IRAs, and CDs.
- Loan Products: Mortgage, home equity, auto, consumer, educational, and farm loans.
- Business Banking: Commercial checking, savings, money market accounts, and payment processing services.
- Digital Services: Internet banking, mobile banking, and secure online transactions.
In Summary
Logansport Financial Corp exemplifies a balanced integration of traditional banking services with modern digital conveniences. Its comprehensive array of products, ranging from everyday personal financial tools to specialized commercial services, caters to a diverse clientele across Cass County, Indiana. The company’s commitment to community trust, regulatory compliance, and operational excellence further substantiates its position within the competitive banking landscape. For investors and financial analysts, this firm provides a clear example of a regional bank that has maintained its adaptability and reliability through a well-diversified financial product suite and a customer-centric approach.
Overall, Logansport Financial Corp offers a compelling snapshot of a community-based financial institution that is deeply embedded in its local market while also embracing modern banking innovations. Its wide-ranging services, structured risk management, and focus on delivering personalized solutions underscore its standing as a resilient and multifaceted financial entity.
Logansport Financial Corp. (LOGN) has reported strong financial results for Q1 2025. The company's net earnings increased to $377,000 ($0.61 per diluted share), up from $268,000 ($0.44 per diluted share) in Q1 2024.
Key financial highlights include:
- Total assets reached $266.2 million, up from $243.5 million
- Loans grew to $172.3 million from $168.5 million
- Deposits increased to $229.5 million from $194.6 million
- Shareholders received quarterly dividends of $0.45 per share
The bank's performance shows notable improvements in net interest income, rising to $1,922,000 from $1,614,000 year-over-year. Cash and cash equivalents significantly improved to $21.4 million from $2.6 million, while FHLB borrowings decreased to $15 million from $26.1 million.
Logansport Financial Corp. (LOGN) has declared a quarterly cash dividend of $0.45 per share for the first quarter of 2025. The dividend will be paid on April 14, 2025 to shareholders of record as of March 13, 2025. The company, which serves as the holding company for Logansport Savings Bank, a State Commercial bank in Logansport, Indiana, made this announcement on February 20, 2025.
Logansport Financial Corp. (LOGN) has reported its financial results for Q4 and full-year 2024. The company's Q4 net earnings increased to $445,000, up from $295,000 in Q4 2023. However, full-year net earnings decreased to $1,254,000 from $1,791,000 in 2023.
Key financial metrics show mixed performance: earnings per share declined to $2.05 from $2.93, Return on Assets decreased to 0.475% from 0.723%, and Return on Equity fell to 6.14% from 8.65%. Total assets grew to $263,860,000 from $247,713,000, while net loans increased to $175,742,000 from $168,672,000. Deposits rose to $225,904,000 from $207,779,000.
Notable concerns include an increase in nonperforming loans to $2,907,000 from $504,000, while the allowance for loan losses decreased to $1,954,000 from $2,553,000.
Logansport Financial Corp (OTCBB: LOGN), the holding company for Logansport Savings Bank, has declared a quarterly cash dividend of $0.45 per share for the fourth quarter of 2024. The dividend will be paid on January 13, 2025 to shareholders of record as of December 12, 2024. The company operates as a State Commercial bank based in Logansport, Indiana.
Logansport Financial Corp. (OTCQB: LOGN), parent of Logansport Savings Bank, reported its financial results for Q3 2024. The company's net earnings for the quarter were $192,000 or $0.31 per diluted share, down from $371,000 or $0.61 per diluted share in Q3 2023. Year-to-date net earnings for 2024 were $808,000, compared to $1,501,000 in 2023. Diluted earnings per share for the first nine months of 2024 were $1.32, down from $2.46 in the same period of 2023.
Total assets as of September 30, 2024, stood at $256.9 million, an increase from $244.3 million a year earlier. Total deposits slightly decreased to $216.6 million from $219.4 million in the previous year. The company paid $1.35 per share in dividends during the first nine months of 2024, compared to $3.85 in 2023, which included a special dividend of $2.50 per share.
Logansport Financial Corp. (OTCBB: LOGN), the holding company for Logansport Savings Bank, has declared a quarterly cash dividend of $0.45 per share for the third quarter of 2024. The dividend will be payable on October 15, 2024, to shareholders of record as of September 13, 2024. This announcement demonstrates the company's commitment to returning value to its shareholders and may indicate financial stability. Logansport Savings Bank is a State Commercial bank located in Logansport, Indiana.
Logansport Financial Corp. (OTCQB: LOGN) reported its financial results for Q2 2024. The company's net earnings for the quarter were $349,000 or $0.57 per diluted share, down from $529,000 or $0.86 per diluted share in Q2 2023. For the first half of 2024, net earnings were $617,000 ($1.01 per diluted share), compared to $1,127,000 ($1.84 per diluted share) in the same period of 2023.
Total assets decreased to $249.6 million as of June 30, 2024, from $253.2 million a year earlier. Total deposits also declined to $211.7 million from $216.2 million. The company paid $0.90 per share in dividends during H1 2024, compared to $3.40 in H1 2023, which included a special dividend of $2.50 per share.
Logansport Financial Corp. (OTCQB: LOGN) reported its Q2 2024 financial results. The company's net earnings for the quarter were $349,000 or $0.57 per diluted share, down from $529,000 or $0.86 per diluted share in Q2 2023. For the first half of 2024, net earnings were $617,000 ($1.01 per diluted share), compared to $1,127,000 ($1.84 per diluted share) in the same period of 2023.
Total assets decreased to $249.6 million as of June 30, 2024, from $253.2 million a year earlier. Total deposits also declined to $211.7 million from $216.2 million. The company paid $0.90 per share in dividends during H1 2024, compared to $3.40 in H1 2023, which included a special dividend of $2.50 per share.
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.
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