-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, EsxzQiMfwjeJcB6ltv6SZaqKoVIG1Zad4A/zoHxXPFpxNv3c981ANV6C9p6IGBRE +XMpP+49zAoGtnDU4icBEA== 0000908834-03-000153.txt : 20030422 0000908834-03-000153.hdr.sgml : 20030422 20030422133600 ACCESSION NUMBER: 0000908834-03-000153 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030422 ITEM INFORMATION: Financial statements and exhibits ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20030422 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LOGANSPORT FINANCIAL CORP CENTRAL INDEX KEY: 0000939928 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 351945736 STATE OF INCORPORATION: IN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-25910 FILM NUMBER: 03658046 BUSINESS ADDRESS: STREET 1: 723 E BROADWAY STREET 2: PO BOX 569 CITY: LOGANSPORT STATE: IN ZIP: 46947 BUSINESS PHONE: 2197223855 MAIL ADDRESS: STREET 1: 723 EAST BROADWAY STREET 2: P O BOX 569 CITY: LOGANSPORT STATE: IN ZIP: 46947 8-K 1 log_8k.txt 8-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ------------------------ FORM 8-K ----------------------- CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 22, 2003 LOGANSPORT FINANCIAL CORP. (Exact name of registrant as specified in its charter) INDIANA (State or other jurisdiction of incorporation) 0-25910 35-1945736 (Commission File Number) (IRS Employer Identification No.) 723 East Broadway P.O. Box 569 Logansport, Indiana 46947 (Address of principal executive offices)(Zip Code) Registrant's telephone number, including area code: (574) 722-3855 Item 7. Financial Statements and Exhibits. (c) Exhibits 99.1 Press Release dated April 22, 2003. Item 9. Regulation FD Disclosure. Information Provided Under Item 12 of Form 8-K. Logansport Financial Corp., an Indiana corporation ("Registrant"), issued a press release which was publicly disseminated on April 22, 2003 announcing its results of operations for the quarter ended March 31, 2003. A copy of the press release is furnished herewith as Exhibit 99.1. Pursuant to General Instruction B.6 of Form 8-K, this exhibit is not "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, but is instead furnished as required by that instruction. Further, pursuant to SEC Release No. 34-47583, Registrant is including the foregoing Item 12 information under Item 9 because Item 12 has not yet been added to the EDGAR system. 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: April 22, 2003 EX-99 3 log_8kex.txt PRESS RELEASE Exhibit 99.1 ------------ Press Release For Immediate Release Contact: Dottye Robeson Chief Financial Officer Phone-574-722-3855 Fax-574-722-3857 Logansport Financial Corp. Reports Earnings for the Three Months Ended March 31, 2003 Logansport, Indiana (April 22, 2003) Logansport Financial Corp., (NASDAQ Small Cap Market, LOGN), parent company of Logansport Savings Bank, reported net earnings for the three months ended March 31, 2003. Net earnings for the three months ended March 31, 2003 totaled $364,000, compared to $320,000 for the three months ended March 31, 2002, a $44,000, or 13.7% increase. Diluted earnings per share were $.41 for the quarter ending March 31, 2003 and $.31 for the quarter ending March 31, 2002. The increase in earnings per share resulted from increased earnings as well as the effects of the Company's share repurchases year to year. The increase in earnings reflects a $23,000, or 2.2% increase in net interest income and a $90,000 increase in other income, including an $81,000 gain on the sale of mortgage-backed securities, which was partially offset by a $45,000, or 7.8%, increase in general, administrative and other expense. Logansport Financial Corp reported total assets at March 31, 2003 of $146.0 million, total deposits of $93.7 million and stockholders' equity of $15.6 million. The Annual Meeting of Shareholders of Logansport Financial Corp. was held on April 8, 2003. James Bauer and William Tincher, Jr. were re-elected Directors. Also serving as Directors are Brian Morrill, Susanne Ridlen, Dr. Todd Weinstein, Thomas Williams, Charles Evans, and David Wihebrink. LOGANSPORT FINANCIAL CORP. SELECTED FINANCIAL DATA (Unaudited) (Dollars in thousands, except for share data) 3/31/03 12/31/02 Total assets $145,962 $150,099 Loans receivable, net 109,586 110,386 Allowance for loan losses 1,498 1,458 Cash and cash equivalents 9,646 13,517 Securities, available for sale 19,447 19,069 Federal Home Loan Bank Stock 2,003 2,003 Equity Investment 1,015 1,026 Deposits 93,690 98,325 Borrowings 33,836 33,836 Shareholders' equity 15,609 15,373 Shares Outstanding 851,672 848,958 Nonperforming loans 1,420 1,484 Real Estate Owned 153 - Quarter ended 3/31 Quarter ended 3/31 2003 2002 Interest income $2,195 $2,302 Interest expense 1,117 1,247 Net interest income 1,078 1,055 Provision for loan losses 90 90 Net interest income after provision 988 965 Gain on sale of investments 81 - Gain on sale of loans 5 - Total other income 79 87 Loss on equity investment (24) (36) Total general, admin. & other expense 620 575 Earnings before income taxes 509 441 Income tax expense 145 121 Net earnings 364 320 Basic earnings per share $.43 $.32 Diluted earnings per share $.41 $.31 Weighted average shares o/s 850,333 1,013,176 -----END PRIVACY-ENHANCED MESSAGE-----