Logansport Financial Corp. Reports Net Earnings For The Quarter Ended September 30, 2026

(MENAFN- GlobeNewsWire - Nasdaq) LOGANSPORT, Ind., Oct. 21, 2026 (GLOBE NEWSWIRE) -- Logansport Financial Corp., (OTCQB, LOGN), parent company of Logansport Savings Bank, reported net earnings for the quarter ended September 30, 2026 of $542,000 or $0.88 per diluted share, compared to earnings in 2025 of $520,000 or $0.85 per diluted share. Year to date the company reported net earnings of $1,540,000 for 2026 compared to $1,309,000 for 2025. Diluted earnings per share for the nine months ended September 30, 2026 were $2.49 compared to $2.14 for the nine months ended September 30, 2025. Total assets at September 30, 2026 were $281.1 million compared to total assets at September 30, 2025 of $270.1 million. Total Deposits at September 30, 2026 were $247.9 million compared to total deposits of $232.0 million at September 30, 2025. The company paid a total of $1.80 per share in dividends in the first nine months of 2026 compared to $1.80 in 2025.

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's investments and borrowers, changes in economic conditions in the Company's market area, changes in policies of regulatory agencies, fluctuations in interest rates, demand for loans in the Company's 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.

Logansport Financial Corp.
Selected Financial Data
(Dollars in thousands except for share data)
		9/30/2026	9/30/2025
Total Assets		$	281,116		$	270,113
Loans receivable, net			196,890			175,217
Allowance for loan losses			2,254			2,205
Cash and cash equivalents			6,214			18,278
Securities available for sale			28,329			25,250
Investment in Logansport Investments, Inc.			24,534			28,655
Federal Home Loan Bank stock			3,150			3,150
Deposits			247,898			231,965
FHLB borrowings and note payable			10,511			15,000
Shareholders' equity			21,652			21,956
Unrealized gain (loss) on securities			(7,733	)		(6,429	)
Shares Issued and Outstanding			618,330			612,192
Nonperforming loans			5,232			3,390
Real Estate Owned			-			-

		Quarter ended 9/30		Six months ended 9/30
			2026			2025				2026			2025
Interest income		$	3,660		$	3,418			$	10,739		$	10,108
Interest expense			1,452			1,556				4,309			4,756
Net interest income			2,208			1,862				6,430			5,352
Provision for loan losses			-			-				(131	)		-
Net interest income after provision			2,208			1,862				6,561			5,352
Gain on sale of loans			100			70				204			199
Other income			364			371				1,088			1,076
General, admin. & other expense			2,106			1,759				6,091			5,227
Earnings before income taxes			566			544				1,762			1,400
Income tax expense			24			24				222			91
Net earnings		$	542		$	520			$	1,540		$	1,309
Earnings per share		$	0.88		$	0.85			$	2.49		$	2.14
Weighted avg. shares o/s-diluted			618,330			612,192				618,330			612,192

Contact: Kristie Richey
Chief Financial Officer
Phone-574-722-3855
Fax-574-722-3857

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