Logansport Financial Corp. Reports Net Earnings for the Quarter Ended June 30, 2022

Jul 13, 2022

LOGANSPORT, Ind., July 13, 2022 (GLOBE NEWSWIRE) -- Logansport Financial Corp., (OTCQB, LOGN), parent company of Logansport Savings Bank, reported net earnings for the quarter ended June 30, 2022 of $825,000 or $1.35 per diluted share, compared to earnings in 2021 of $665,000 or $1.09 per diluted share. Year to date the company reported net earnings of $1,608,000 for 2022 compared to $1,598,000 for 2021. Diluted earnings per share for the six months ended June 30, 2022 were $2.64 compared to $2.63 for the six months ended June 30, 2021. Total assets at June 30, 2022 were $242.3 million compared to total assets at June 30, 2021 of $243.4 million. Total Deposits at June 30, 2022 were $220.5 million compared to total deposits of $213.7 million at June 30, 2021. The company paid a total of $0.80 per share in dividends in the first half of 2022 compared to $2.80 in 2021. This included a special dividend of $2.00 per share in 2021.

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