Logansport Financial Corp. Reports Net Earnings for the Quarter Ended June 30, 2024
LOGANSPORT, Ind., July 17, 2024 (GLOBE NEWSWIRE) — Logansport Financial Corp., (OTCQB, LOGN), parent company of Logansport Savings Bank, reported net earnings for the quarter ended June 30, 2024 of $349,000 or $0.57 per diluted share, compared to earnings in 2023 of $529,000 or $0.86 per diluted share. Year to date the company reported net earnings of $617,000 for 2024 compared to $1,127,000 for 2023. Diluted earnings per share for the six months ended June 30, 2024 were $1.01 compared to $1.84 for the six months ended June 30, 2023. Total assets at June 30, 2024 were $249.6 million compared to total assets at June 30, 2023 of $253.2 million. Total Deposits at June 30, 2024 were $211.7 million compared to total deposits of $216.2 million at June 30, 2023. The company paid a total of $0.90 per share in dividends in the first half of 2024 compared to $3.40 in 2023. This included a special dividend of $2.50 per share in 2023.