Logansport Financial Corp. Reports Net Earnings for the听Quarter Ended June 30, 2025
Logansport Financial Corp. (OTCQB:LOGN) reported strong financial results for Q2 2025. Net earnings reached $413,000 ($0.67 per diluted share), up from $349,000 ($0.57 per share) in Q2 2024. Year-to-date earnings for 2025 increased to $790,000, compared to $617,000 in 2024.
The bank's total assets grew to $260.2 million, a 4.3% increase from $249.6 million in June 2024. Total deposits rose to $223.8 million, up from $211.7 million. The company maintained its dividend payment at $0.90 per share for the first half of 2025. However, nonperforming loans increased significantly to $3,395,000 from $392,000 year-over-year.
Logansport Financial Corp. (OTCQB:LOGN) ha riportato risultati finanziari solidi per il secondo trimestre del 2025. L'utile netto ha raggiunto 413.000 dollari (0,67 dollari per azione diluita), in aumento rispetto ai 349.000 dollari (0,57 dollari per azione) del secondo trimestre 2024. Gli utili da inizio anno al 2025 sono saliti a 790.000 dollari, rispetto ai 617.000 dollari del 2024.
Gli attivi totali della banca sono cresciuti a 260,2 milioni di dollari, con un incremento del 4,3% rispetto ai 249,6 milioni di dollari di giugno 2024. I depositi totali sono aumentati a 223,8 milioni di dollari, rispetto ai 211,7 milioni precedenti. La societ脿 ha mantenuto il dividendo a 0,90 dollari per azione per la prima met脿 del 2025. Tuttavia, i prestiti in sofferenza sono aumentati significativamente, passando da 392.000 a 3.395.000 dollari su base annua.
Logansport Financial Corp. (OTCQB:LOGN) report贸 resultados financieros s贸lidos para el segundo trimestre de 2025. Las ganancias netas alcanzaron 413,000 d贸lares (0,67 d贸lares por acci贸n diluida), frente a los 349,000 d贸lares (0,57 d贸lares por acci贸n) del segundo trimestre de 2024. Las ganancias acumuladas en 2025 aumentaron a 790,000 d贸lares, comparado con 617,000 d贸lares en 2024.
Los activos totales del banco crecieron a 260,2 millones de d贸lares, un aumento del 4,3% desde 249,6 millones en junio de 2024. Los dep贸sitos totales subieron a 223,8 millones de d贸lares, desde 211,7 millones. La compa帽铆a mantuvo el pago de dividendos en 0,90 d贸lares por acci贸n para la primera mitad de 2025. Sin embargo, los pr茅stamos morosos aumentaron significativamente, pasando de 392,000 a 3,395,000 d贸lares interanualmente.
Logansport Financial Corp. (OTCQB:LOGN)電� 2025雲� 2攵勱赴鞐� 臧曤牓頃� 鞛 鞁れ爜鞚� 氤搓碃頄堨姷雼堧嫟. 靾滌澊鞚奠潃 413,000雼煬(頋劃 欤茧嫻 0.67雼煬)搿� 2024雲� 2攵勱赴鞚� 349,000雼煬(欤茧嫻 0.57雼煬)鞐愳劀 歃濌皜頄堨姷雼堧嫟. 2025雲� 雸勳爜 靾橃澋鞚� 790,000雼煬搿� 2024雲勳潣 617,000雼煬鞐� 牍勴暣 靸侅姽頄堨姷雼堧嫟.
鞚�頄夓潣 齑� 鞛愳偘鞚� 2鞏� 6,020毵� 雼煬搿� 2024雲� 6鞗旍潣 2鞏� 4,960毵� 雼煬鞐愳劀 4.3% 歃濌皜頄堨姷雼堧嫟. 齑� 鞓堦笀鞚� 2鞏� 2,380毵� 雼煬搿� 2鞏� 1,170毵� 雼煬鞐愳劀 靸侅姽頄堨姷雼堧嫟. 須岇偓電� 2025雲� 靸侂皹旮� 氚半嫻旮堨潉 欤茧嫻 0.90雼煬搿� 鞙犾頄堨姷雼堧嫟. 攴鸽煬雮� 攵�鞁� 雽�於滌潃 鞝勲厔 雽�牍� 韥矊 歃濌皜頃橃棳 392,000雼煬鞐愳劀 3,395,000雼煬搿� 電橃柎雮姷雼堧嫟.
Logansport Financial Corp. (OTCQB:LOGN) a annonc茅 de solides r茅sultats financiers pour le deuxi猫me trimestre 2025. Le b茅n茅fice net a atteint 413 000 $ (0,67 $ par action dilu茅e), en hausse par rapport 脿 349 000 $ (0,57 $ par action) au deuxi猫me trimestre 2024. Les b茅n茅fices cumul茅s pour 2025 ont augment茅 pour atteindre 790 000 $, contre 617 000 $ en 2024.
Le total des actifs de la banque a augment茅 pour atteindre 260,2 millions de dollars, soit une hausse de 4,3 % par rapport 脿 249,6 millions en juin 2024. Les d茅p么ts totaux sont pass茅s 脿 223,8 millions de dollars, contre 211,7 millions pr茅c茅demment. La soci茅t茅 a maintenu son dividende 脿 0,90 $ par action pour le premier semestre 2025. Cependant, les pr锚ts non performants ont consid茅rablement augment茅, passant de 392 000 脿 3 395 000 dollars d'une ann茅e sur l'autre.
Logansport Financial Corp. (OTCQB:LOGN) meldete starke Finanzergebnisse f眉r das zweite Quartal 2025. Der Nettogewinn erreichte 413.000 US-Dollar (0,67 US-Dollar je verw盲sserter Aktie), gegen眉ber 349.000 US-Dollar (0,57 US-Dollar je Aktie) im zweiten Quartal 2024. Die Gewinne seit Jahresbeginn 2025 stiegen auf 790.000 US-Dollar im Vergleich zu 617.000 US-Dollar im Jahr 2024.
Die Gesamtaktiva der Bank wuchsen auf 260,2 Millionen US-Dollar, ein Anstieg von 4,3 % gegen眉ber 249,6 Millionen US-Dollar im Juni 2024. Die Gesamteinlagen stiegen auf 223,8 Millionen US-Dollar, von zuvor 211,7 Millionen. Das Unternehmen hielt die Dividendenzahlung f眉r die erste H盲lfte 2025 bei 0,90 US-Dollar je Aktie konstant. Die notleidenden Kredite stiegen jedoch deutlich von 392.000 auf 3.395.000 US-Dollar im Jahresvergleich.
- Net earnings increased 18.3% to $413,000 in Q2 2025
- Year-to-date earnings grew 28% to $790,000
- Total assets increased 4.3% to $260.2 million
- Total deposits rose 5.7% to $223.8 million
- Net interest income improved 14.8% to $1.74 million in Q2
- Nonperforming loans increased significantly to $3.4 million from $392,000 year-over-year
- Other income declined 27.1% to $341,000 from $468,000
- Gain on sale of loans decreased 30.9% to $76,000 from $110,000
LOGANSPORT, Ind., July 24, 2025 (GLOBE NEWSWIRE) -- Logansport Financial Corp., (OTCQB, LOGN), parent company of Logansport Savings Bank, reported net earnings for the quarter ended June 30, 2025 of
The statements contained in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which involves a number of risks and uncertainties. A number of factors could cause results to differ materially from the objectives and estimates expressed in such forward-looking statements. These factors include, but are not limited to, changes in the financial condition of issuers of the Company鈥檚听investments and borrowers, changes in economic conditions in the Company鈥檚 market area, changes in policies of regulatory agencies, fluctuations in interest rates, demand for loans in the Company鈥檚 market area, changes in the position of banking regulators on the adequacy of our allowance for loan losses, and competition, all, or some of which could cause actual results to differ materially from historical earnings and those presently anticipated or projected. These factors should be considered in evaluation of any forward-looking statements, and undue reliance should not be placed on such statements. The Company does not undertake and specifically disclaims any obligation to update any forward-looking statements to reflect occurrence of anticipated or unanticipated events or circumstances after the date of such statements.
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| 听 | 听 | 6/30/2025 | 6/30/2024 | 听 | 听 | 听 | 听 | |||||
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| Total Assets | 听 | $ | 260,221 | $ | 249,611 | 听 | 听 | 听 | 听 | |||
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| Loans receivable, net | 听 | 听 | 173,350 | 听 | 170,147 | 听 | 听 | 听 | 听 | |||
| Allowance for loan losses | 听 | 听 | 1,872 | 听 | 2,885 | 听 | 听 | 听 | 听 | |||
| Cash and cash equivalents | 听 | 听 | 1,445 | 听 | 1,289 | 听 | 听 | 听 | 听 | |||
| Interest Bearing Time Deposits in banks | 听 | 听 | 11,581 | 听 | 5,914 | 听 | 听 | 听 | 听 | |||
| Securities available for sale | 听 | 听 | 52,550 | 听 | 56,270 | 听 | 听 | 听 | 听 | |||
| Federal Home Loan Bank stock | 听 | 听 | 3,150 | 听 | 3,150 | 听 | 听 | 听 | 听 | |||
| Deposits | 听 | 听 | 223,764 | 听 | 211,739 | 听 | 听 | 听 | 听 | |||
| FHLB borrowings and note payable | 听 | 听 | 15,000 | 听 | 15,000 | 听 | 听 | 听 | 听 | |||
| Shareholders' equity | 听 | 听 | 20,479 | 听 | 20,870 | 听 | 听 | 听 | 听 | |||
| Shares Issued and Outstanding | 听 | 听 | 612,953 | 听 | 611,822 | 听 | 听 | 听 | 听 | |||
| Nonperforming loans | 听 | 听 | 3,395 | 听 | 392 | 听 | 听 | 听 | 听 | |||
| AG真人官方 Estate Owned | 听 | 听 | - | 听 | - | 听 | 听 | 听 | 听 | |||
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| 听 | 听 | Quarter ended 6/30 | 听 | 听 | Six months ended 6/30 | 听 | ||||||
| 听 | 听 | 听 | 2025 | 听 | 2024 | 听 | 听 | 听 | 2025 | 听 | 2024 | 听 |
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| Interest income | 听 | $ | 3,421 | $ | 3,130 | 听 | 听 | $ | 6,688 | $ | 6,042 | 听 |
| Interest expense | 听 | 听 | 1,680 | 听 | 1,613 | 听 | 听 | 听 | 3,200 | 听 | 3,087 | 听 |
| Net interest income | 听 | 听 | 1,741 | 听 | 1,517 | 听 | 听 | 听 | 3,488 | 听 | 2,955 | 听 |
| Provision for loan losses | 听 | 听 | - | 听 | (49 | ) | 听 | 听 | - | 听 | (49 | ) |
| Net interest income after provision | 听 | 听 | 1,741 | 听 | 1,566 | 听 | 听 | 听 | 3,488 | 听 | 3,004 | 听 |
| Gain on sale of loans | 听 | 听 | 76 | 听 | 110 | 听 | 听 | 听 | 129 | 听 | 161 | 听 |
| Other income | 听 | 听 | 341 | 听 | 468 | 听 | 听 | 听 | 706 | 听 | 885 | 听 |
| General, admin. & other expense | 听 | 听 | 1,710 | 听 | 1,786 | 听 | 听 | 听 | 3,466 | 听 | 3,440 | 听 |
| Earnings before income taxes | 听 | 听 | 448 | 听 | 358 | 听 | 听 | 听 | 857 | 听 | 610 | 听 |
| Income tax expense | 听 | 听 | 35 | 听 | 9 | 听 | 听 | 听 | 67 | 听 | (7 | ) |
| Net earnings | 听 | $ | 413 | $ | 349 | 听 | 听 | $ | 790 | $ | 617 | 听 |
| Earnings per share | 听 | $ | 0.67 | $ | 0.57 | 听 | 听 | $ | 1.45 | $ | 1.01 | 听 |
| Weighted avg. shares o/s-diluted | 听 | 听 | 612,953 | 听 | 611,822 | 听 | 听 | 听 | 612,953 | 听 | 611,822 | 听 |
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Contact: Kristie Richey
Chief Financial Officer
Phone-574-722-3855
Fax-574-722-3857
FAQ
What were LOGN's earnings per share for Q2 2025?
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