Logansport Financial Q2 net earnings rise 22.03% to $504,000; EPS climbs 22.39% to $0.82 - LOGN News | RalliesLogansport Financial Q2 net earnings rise 22.03% to $504,000; EPS climbs 22.39% to $0.82
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LOGN• Quarterly results
- Logansport Financial posted Q2 net earnings of $504,000, up 22.03% from a year earlier; diluted EPS rose to $0.82.
- Net interest income climbed to $2.18 million, while general and administrative expense increased to $2.04 million.
Balance sheet and credit quality
- Total assets grew to $276.58 million, while deposits rose to $239.32 million.
- Nonperforming loans increased to $5.3 million.
- Six-month net earnings rose to $1.04 million, with diluted EPS of $1.69.
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