Logansport Financial Corp. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2016
January 31, 2017 at 07:14 pm IST
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Logansport Financial Corp. reported earnings results for the fourth quarter and full year ended December 31, 2016. Net earnings for the three months ended December 31, 2016 totaled $512,000, compared to the $507,000 in net earnings reported for the three months ended December 31, 2015.
Net earnings for the year ended December 31, 2016 totaled $2,051,000, compared to the $1,878,000 reported for the year ended December 31, 2015. Earnings per share were $3.27 for December 31, 2016, compared to $2.95 for December 31, 2015. ROA finished the year at 1.21% for 2016 compared to 1.11% for 2015.
Logansport Financial Corp. is the holding company for Loganport Savings Bank (Bank). The Bank is engaged in providing a full range of banking and financial services to individual and corporate customers in Cass County, Indiana, and surrounding counties. The Bankâs primary deposit products are checking, savings and term certificate accounts and its primary lending products are residential mortgage, commercial and installment loans. The Bank's personal banking includes Zelle, Internet and mobile banking, checking services, savings, and certificates of deposits (CD) services, savings and CD rates, savings calculator, health savings accounts, reorder checks, college savings plan, and Federal Deposit Insurance Corporation (FDIC) insurance. Its personal lending includes home loans, community reinvestment, vehicle/personal loan, mortgage center and free credit report. Its business banking includes business Internet banking, business checking, business lending and agricultural lending.
LOGANSPORT FINANCIAL CORP. 
