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Logansport Financial Corp. (Symbol: LOGN) is the holding company for Logansport Savings Bank, providing various banking products and services to both individuals and businesses in Cass County, Indiana. The company's comprehensive suite of personal banking products includes checking accounts, NOW accounts, savings accounts, health savings accounts, certificates of deposit, individual retirement accounts, and a range of loans such as mortgage, home equity lines, home improvement, construction, commercial buildings, farm, consumer, education, and car loans. Additionally, they offer internet and mobile banking services, overdraft protection, and more.
For businesses, Logansport Financial Corp. offers commercial checking accounts, commercial savings accounts and certificates of deposit, money market accounts, commercial sweep accounts, ACH debit/credit capabilities, and electronic federal tax payment systems. They also provide remote banking and merchant card services, wires, coin services, night deposit bags, and more to streamline business banking operations for their clients.
In terms of financial performance, Logansport Financial Corp. reported net earnings for the quarter ended June 30, 2023, at $529,000 or $0.86 per diluted share, and $371,000 or $0.61 per diluted share for the third quarter ended September 30, 2023. Year-to-date net earnings for 2023 stand at $1,501,000, compared to $2,428,000 for the same period in 2022. The company's total assets as of September 30, 2023, were $244.3 million, with total deposits at $200.9 million.
The company has also been proactive in rewarding its shareholders, paying $3.85 per share in dividends in the first nine months of 2023, including a special dividend of $2.50 per share. This marks a significant increase from the $1.20 dividend paid in the same period in 2022.
Logansport Financial Corp. continues to be a key player in the local banking sector, offering robust financial services and maintaining a strong financial position, underpinned by their commitment to customer satisfaction and community service.
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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