Logansport Financial Corp. Reports Net Earnings for the Quarter Ended September 30, 2023

LOGANSPORT, Ind., Oct. 12, 2023 (GLOBE NEWSWIRE) — Logansport Financial Corp., (OTCQB, LOGN), parent company of Logansport Savings Bank, reported net earnings for the quarter ended September 30, 2023 of $371,000 or $0.61 per diluted share, compared to earnings in 2022 of $820,000 or $1.34 per diluted share. Year to date the company reported net earnings of $1,501,000 for 2023 compared to $2,428,000 for 2022. Diluted earnings per share for the nine months ended September 30, 2023 were $2.46 compared to $3.98 for the nine months ended September 30, 2022. Total assets at September 30, 2023 were $244.3 million compared to total assets at September 30, 2022 of $241 million. Total Deposits at September 30, 2023 were $200.9 million compared to total deposits of $220.3 million at September 30, 2022. The company paid a total of $3.85 per share in dividends in the first nine months of 2023 compared to $1.20 in 2022. This included a special dividend of $2.50 per share in 2023.

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