8-K

                                  United States
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549



                                    FORM 8-K


                                 CURRENT REPORT
     Pursuant to Section 13 or 15(b) of the Securities Exchange Act of 1934


       Date of Report (Date of earliest event reported): March 27,2002




                           LOGANSPORT FINANCIAL CORP.
               (Exact name of registrant specified in its charter)


                                     INDIANA
                 (State of other jurisdiction of incorporation)


          0-25910                                         35-1945736
 (Commission File Number)                             (I.R.S. Employer
                                                    Identification Number)


                                723 East Broadway
                                  P.O. Box 569
                            Logansport, Indiana 46947
                     (Address of principal executive offices
                               including Zip Code)

                                 (219) 722-3855
               (Registrant's telephone number, including area code









Item 5.           Other Events

                  Pursuant  to  General  Instruction  F to Form  8-K,  the press
                  release  issued  March 27, 2002, concerning  the Corporation's
                  stock repurchase  program is attached hereto as Exhibit 99 and
                  incorporated by reference herein.

Item 7.           Financial Statements and Exhibits

                  (C)Exhibits

                  Exhibit 99-Press release dated March 27, 2002


                                   SIGNATURES

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  registrant  has duly  caused  this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                            /s/ David G. Wihebrink
                                            ------------------------------------
                                            David G. Wihebrink, President
                                            and Chief Executive Officer



Dated: March 27, 2002

EX-99

                                                                      EXHIBIT 99
                                                                      ----------


PRESS RELEASE Contact: Dottye Robeson



FOR IMMEDIATE RELEASE
Chief Financial Officer
Phone: 574-722-3855
Fax: 574-722-3857
Email: dottyer@logansportsavings.com




                      LOGANSPORT FINANCIAL CORP. ANNOUNCES
                            STOCK REPURCHASE PROGRAM

Logansport,  Indiana (March 27, 2002) Logansport  Financial  Corp.,(NASDAQ Small
Cap Market,  LOGN),  an Indiana  corporation  which is the  holding  company for
Logansport  Savings Bank, FSB, a federal savings bank,  announced today that the
Board of Directors has approved the  repurchase,  from time to time, on the open
market of up to 10% of the Company's outstanding shares of common stock, without
par value ("Common Stock"),  or 99,000 such shares.  Such purchases will be made
subject to market conditions in the open market or block  transactions at prices
deemed  appropriate by management.  Repurchases  will begin after the release of
first quarter  earnings.  It is anticipated that earnings will be released on or
around  April 16,  2002.  In  February,  the Company  completed a 5%  repurchase
previously announced November 23,2001.

According  to  David  G.  Wihebrink,  President  of the  Company,  the  Board of
Directors  believes  the  repurchase  program  is in the best  interests  of the
Corporation and its shareholders. The open market purchases will have the effect
of enhancing  the  potential  growth in earnings per share of the  Corporation's
remaining outstanding shares.

Statements  contained in this press  release that are not  historical  facts may
constitute  forward-looking statements (within the meaning of Section 21E of the
Securities Exchange Act of 1934, as amended) which involve significant risks and
uncertainties. The Company intends such forward-looking statements to be covered
by the Private  Securities  Litigation Reform Act of 1995, and is including this
statement for purposes of invoking those safe harbor  provisions.  The Company's
ability to predict results or the actual effect of future plans or strategies is
inherently  uncertain and involves a number of risks and uncertainties,  some of
which have been set forth in the  Company's  most recent  annual  report on Form
10-K,  which  disclosures are  incorporated by reference  herein.  The fact that
there are various  risks and  uncertainties  should be  considered in evaluating
forward-looking  statements  and  undue  reliance  should  not be placed on such
statements.