Logansport Financial Corp.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Chad Higgins
- Full Time Employees
- 7,000
- Sector
- Financial Services
- Industry
- Banks
- Address
- 723 East Broadway Logansport IN United States of America 46947
- IPO Date
- Jun 14, 1995
- Website
- logansportsavings.com
- Similar Companies
- Business
- Logansport Financial Corp. operates as the holding company for Logansport Savings Bank, a state-chartered commercial bank headquartered in Logansport, Indiana. The company provides a comprehensive range of banking and financial services primarily to individual and corporate customers in Cass County, Indiana, and surrounding areas. Its main products and services include personal banking products such as checking accounts, savings accounts, certificates of deposit (CDs), health savings accounts, and online and mobile banking services including Zelle; personal lending products including residential mortgage loans, vehicle and personal loans, and home equity loans; as well as business banking services comprising business checking and savings accounts, commercial loans, and agricultural lending. The company also offers money market accounts, college savings plans, and Federal Deposit Insurance Corporation (FDIC) insured products. Founded in 1925, Logansport Financial Corp. has maintained steady growth in assets and earnings, reporting total assets of approximately $270.1 million and deposits of $232.0 million as of September 2025. The company has demonstrated consistent profitability with net earnings of $520,000 ($0.85 per diluted share) for the third quarter of 2025 and year-to-date net earnings of $1.309 million, reflecting significant improvement compared to prior years. It has maintained a quarterly cash dividend of $0.45 per share, signaling ongoing commitment to shareholder returns. Recent operational highlights include increased net interest income, loan growth to over $175 million, and improved liquidity positions marked by higher cash and cash equivalents and reduced borrowings. In the past 1-2 years, Logansport Financial Corp. has focused on strengthening its financial position and shareholder value without major acquisitions or structural reorganizations. The company sustained dividend payments at $1.35 per share year-to-date in 2025, consistent with 2024. Key strategic emphasis remains on organic growth within its local market through loan and deposit expansion and optimizing operational efficiency. No significant partnerships or name changes were reported recently; however, the bank's stability and incremental growth in financial metrics indicate its solid standing in the regional banking sector. Logansport Financial Corp.’s business segments include personal banking, personal lending, and business banking, targeting primarily customers in Indiana’s Cass County and nearby counties. Its subsidiary, Logansport Savings Bank, functions as the operational banking unit. The company plays a vital role in community banking with a focus on retail and commercial customers, leveraging digital banking capabilities alongside traditional banking products. Overall, Logansport Financial Corp. serves as a regional bank holding company with a diversified banking product offering encompassing deposit accounts, consumer and commercial loans, and digital banking services. It continues to prioritize financial stability, steady asset growth, and consistent dividend payouts, reflecting a conservative but progressive approach to regional banking in the Midwest US financial market.
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