Logansport Financial Corp
Logansport Financial Corp. operates as the holding company for Logansport Savings Bank that provides various banking products and services to individuals and businesses in Cass County, Indiana. The company's personal banking products and services include checking accounts, rite accounts, NOW accounts, savings accounts, health savings accounts, certificates of deposit, and individual retirement ac… Read more
Logansport Financial Corp (LOGN) - Net Assets
Latest net assets as of December 2019: $24.25 Million USD
Based on the latest financial reports, Logansport Financial Corp (LOGN) has net assets worth $24.25 Million USD as of December 2019.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($188.25 Million) and total liabilities ($164.01 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $24.25 Million |
| % of Total Assets | 12.88% |
| Annual Growth Rate | 0.77% |
| 5-Year Change | -28.19% |
| 10-Year Change | -6.55% |
| Growth Volatility | 12.15 |
Logansport Financial Corp - Net Assets Trend (2000–2024)
This chart illustrates how Logansport Financial Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Logansport Financial Corp (2000–2024)
The table below shows the annual net assets of Logansport Financial Corp from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $20.43 Million | -1.38% |
| 2023-12-31 | $20.72 Million | +1.35% |
| 2022-12-31 | $20.44 Million | -28.18% |
| 2021-12-31 | $28.46 Million | +0.03% |
| 2020-12-31 | $28.45 Million | +17.35% |
| 2019-12-31 | $24.25 Million | +2.26% |
| 2018-12-31 | $23.71 Million | +3.98% |
| 2017-12-31 | $22.80 Million | +1.89% |
| 2016-12-31 | $22.38 Million | +2.36% |
| 2015-12-31 | $21.86 Million | +4.22% |
| 2014-12-31 | $20.98 Million | +28.25% |
| 2003-12-31 | $16.36 Million | +6.39% |
| 2002-12-31 | $15.37 Million | -11.66% |
| 2001-12-31 | $17.40 Million | +2.29% |
| 2000-12-31 | $17.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Logansport Financial Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 103.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $23.39 Million | 114.48% |
| Total Equity | $20.43 Million | 100.00% |
Logansport Financial Corp Competitors by Market Cap
The table below lists competitors of Logansport Financial Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Orecap Invest Corp.
V:OCI
|
$16.96 Million |
|
Akari Therapeutics PLC
NASDAQ:AKTX
|
$16.96 Million |
|
GREEN360 Technologies Ltd
AU:GT3
|
$16.96 Million |
|
Ibraco Bhd
KLSE:5084
|
$16.96 Million |
|
ANSWEAR.COM SA ZY-05
F:90Z
|
$16.96 Million |
|
Uttam Sugar Mills Limited
NSE:UTTAMSUGAR
|
$16.96 Million |
|
Namib Minerals Ordinary Shares
NASDAQ:NAMM
|
$16.96 Million |
|
Adore Beauty Group Ltd
AU:ABY
|
$16.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Logansport Financial Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 20,717,000 to 20,431,000, a change of -286,000 (-1.4%).
- Net income of 1,254,000 contributed positively to equity growth.
- Dividend payments of 1,101,000 reduced retained earnings.
- Share repurchases of 30,000 reduced equity.
- New share issuances of 49,000 increased equity.
- Other factors decreased equity by 458,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.25 Million | +6.14% |
| Dividends Paid | $1.10 Million | -5.39% |
| Share Repurchases | $30.00K | -0.15% |
| Share Issuances | $49.00K | +0.24% |
| Other Changes | $-458.00K | -2.24% |
| Total Change | $- | -1.38% |
Book Value vs Market Value Analysis
This analysis compares Logansport Financial Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.90x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.00 | $30.00 | x |
| 2016-12-31 | $0.00 | $30.00 | x |
| 2017-12-31 | $0.00 | $30.00 | x |
| 2018-12-31 | $0.00 | $30.00 | x |
| 2021-12-31 | $46.85 | $30.00 | x |
| 2022-12-31 | $33.52 | $30.00 | x |
| 2023-12-31 | $33.89 | $30.00 | x |
| 2024-12-31 | $33.41 | $30.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Logansport Financial Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.14%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.36%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 12.91x
- Recent ROE (6.14%) is below the historical average (9.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 7.46% | 13.16% | 0.07x | 7.79x | $-432.30K |
| 2001 | 8.03% | 13.91% | 0.07x | 7.93x | $-342.20K |
| 2002 | 9.85% | 15.64% | 0.06x | 9.76x | $-23.30K |
| 2003 | 9.09% | 16.04% | 0.06x | 9.59x | $-149.60K |
| 2014 | 8.67% | 27.42% | 0.04x | 7.61x | $-279.60K |
| 2015 | 8.59% | 27.87% | 0.04x | 7.90x | $-308.20K |
| 2016 | 9.17% | 28.91% | 0.04x | 7.61x | $-186.80K |
| 2017 | 8.73% | 27.79% | 0.04x | 7.39x | $-290.10K |
| 2018 | 9.41% | 31.08% | 0.04x | 7.31x | $-139.90K |
| 2019 | 9.28% | 29.43% | 0.04x | 7.76x | $-175.50K |
| 2020 | 13.76% | 34.89% | 0.05x | 7.75x | $1.07 Million |
| 2021 | 11.27% | 31.32% | 0.04x | 8.70x | $361.00K |
| 2022 | 15.47% | 32.46% | 0.04x | 12.48x | $1.12 Million |
| 2023 | 8.65% | 21.69% | 0.03x | 11.96x | $-280.70K |
| 2024 | 6.14% | 15.36% | 0.03x | 12.91x | $-789.10K |
Industry Comparison
This section compares Logansport Financial Corp's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $25,670,820,700
- Average return on equity (ROE) among peers: 9.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Logansport Financial Corp (LOGN) | $24.25 Million | 7.46% | 6.76x | $16.96 Million |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $4.91 Billion |
| ACNB Corporation (ACNB) | $2.75 Billion | 1.01% | 0.01x | $462.57 Million |
| Addiko Bank AG (ADBKF) | $839.50 Million | 5.41% | 6.63x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $120.97 Million | 6.26% | 5.51x | $79.94 Million |
| Absa Group Limited (AGRPF) | $19.52 Billion | 23.08% | 14.72x | $6.72 Billion |
| AIB Group plc (AIBGY) | $14.46 Billion | -16.17% | 8.45x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $211.22 Billion | 31.48% | 8.02x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $7.32 Billion | 8.44% | 8.89x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |