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Last $14.05 USD
Change Today -0.20 / -1.40%
Volume 296.0
LPSB On Other Exchanges
Symbol
Exchange
NASDAQ CM
As of 8:10 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

laporte bancorp inc (LPSB) Snapshot

Open
$14.05
Previous Close
$14.25
Day High
$14.05
Day Low
$14.05
52 Week High
06/19/15 - $14.37
52 Week Low
09/3/14 - $11.17
Market Cap
78.2M
Average Volume 10 Days
1.7K
EPS TTM
$0.87
Shares Outstanding
5.6M
EX-Date
08/14/15
P/E TM
16.2x
Dividend
$0.16
Dividend Yield
1.13%
Current Stock Chart for LAPORTE BANCORP INC (LPSB)

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laporte bancorp inc (LPSB) Details

LaPorte Bancorp, Inc. operates as the holding company for The LaPorte Savings Bank, which provides various banking products and services to individuals and businesses. The company’s deposit products include savings accounts, health savings accounts, NOW accounts, checking accounts, money market accounts, certificates of deposit, and individual retirement accounts, as well as commercial checking accounts for businesses. Its loan portfolio comprises mortgage warehouse loans, commercial real estate loans, residential loans, commercial loans, home equity loans and lines of credit, construction and land loans, automobile loans, and other consumer loans. The company also invests in mortgage-backed securities, collateralized mortgage obligation securities, municipal bond securities, U.S. treasury and agency securities, corporate bond securities, and interest-earning time deposits at other financial institutions, as well as provides trust services. It operates through seven full-service branches in LaPorte and Porter counties, Indiana. The company is based in LaPorte, Indiana.

100 Employees
Last Reported Date: 03/12/15

laporte bancorp inc (LPSB) Top Compensated Officers

Chief Executive Officer, Director, Chairman o...
Total Annual Compensation: $244.6K
President, Chief Financial Officer, Principal...
Total Annual Compensation: $196.2K
Senior Vice President of Mortgage Warehouse L...
Total Annual Compensation: $129.5K
Compensation as of Fiscal Year 2014.

laporte bancorp inc (LPSB) Key Developments

Laporte Bancorp, Inc. Declares Dividend, Payable on or about September 4, 2015

On July 29, 2015, Laporte Bancorp, Inc. announced that its Board of Directors declared a dividend of $0.04 per common share. The dividend will be paid on or about September 4, 2015 to stockholders of record as of the close of business on August 18, 2015.

LaPorte Bancorp, Inc. Reports Consolidated Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

LaPorte Bancorp, Inc. reported consolidated unaudited earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net interest income of $4,056,000 against $3,695,000 a year ago. Income before income tax expense was $1,649,000 against $1,451,000 a year ago. Net income was $1,324,000 or $0.25 per diluted share against $1,214,000 or $0.22 per diluted share a year ago. Return on average assets was 1.02% against 0.94% a year ago. Return on average equity was 6.37% against 5.94% a year ago. For the six months, the company reported net interest income of $7,932,000 against $7,177,000 a year ago. Income before income tax expense was $2,757,000 against $2,349,000 a year ago. Net income was $2,276,000 or $0.42 per diluted share against $2,064,000 or $0.37 per diluted share a year ago. Book value per share as at June 30, 2015 was $14.91 compared to $14.32 a year ago. Tangible book value per share increased to $13.37 at June 30, 2015 from $13.00 per share at December 31, 2014, primarily due to an increase in shareholders' equity combined with a decrease in outstanding shares due to repurchase activity during 2015.

Laporte Bancorp, Inc. Announces Consolidated Unaudited Earnings Results for the First Quarter Ended March 31, 2015; Reports Net Charge-offs for the First Quarter Ended March 31, 2015

Laporte Bancorp, Inc. announced consolidated unaudited earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported total interest and dividend income of $4,481,000 against $4,277,000 a year ago. Net interest income was $3,876,000 against $3,482,000 a year ago. Income before income tax expense was $1,108,000 against $898,000 a year ago, which led to an increase in income tax expense for the three months ended march 31, 2015 to $156,000 from $48,000 for the prior year period. Net income was $952,000 against $850,000 a year ago. Earnings per diluted share were $0.18 against $0.15 a year ago. Book value per share as at march 31, 2015 was $14.77. Return on average assets (qtd annualized) was 0.76% against 0.68% a year ago. Return on average equity (qtd annualized) was 4.60% against 4.19% a year ago. Results reflect continued improvement in the strategies it has been working on over the past twelve months. Tangible book value per share increased to $13.24 as at march 31, 2015. The increase in net interest income was primarily attributable to a $351,000, or 10.8%, increase in interest income on loans as the average balance of loans outstanding increased by 14.2% from the prior year period in addition interest expense decreased. The company announced that net charge-offs for the first quarter ended march 31, 2015 totaled $25,000, which included $19,000 previously reserved and represents a decrease from $37,000 for the prior year period.

 

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LPSB:US $14.05 USD -0.20

LPSB Competitors

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Company Last Change
First Capital Inc $26.77 USD +0.1969
IF Bancorp Inc $16.70 USD +0.20
Naugatuck Valley Financial Corp $10.80 USD +0.02
Poage Bankshares Inc $16.35 USD +0.37
United Community Bancorp $13.78 USD -0.17
View Industry Companies
 

Industry Analysis

LPSB

Industry Average

Valuation LPSB Industry Range
Price/Earnings 16.4x
Price/Sales 4.0x
Price/Book 0.9x
Price/Cash Flow 16.9x
TEV/Sales NM Not Meaningful
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