Latest Lsb Financial (LSBI) Headlines
Nasdaq stocks posting largest volume decreases
AP - Fri Mar 07, 5:02PM CST
NEW YORK (AP) — A look at the 10 biggest volume decliners on Nasdaq at the close of trading:
LSB Financial Corp. Announces Year-end and Fourth Quarter Results
PR Newswire - Fri Mar 07, 2:06PM CST
LSB Financial Corp. (NASDAQ:LSBI), the parent company of Lafayette Savings Bank, FSB, today reported net income for 2013 of $2.5 million or $1.62 per share, compared to net income of $2.7 million or $1.70 per share for 2012. For the fourth quarter, net income was $518,000 or $0.33 per share in 2013 compared to $676,000 or $0.43 per share for the same period in 2012. The decrease in income in 2013 was primarily due to a $1.1 million or 8.7% decrease in net interest income and a $1.2 million or 46% decrease in gain on sale of loans. This was partially offset by a $1.5 million decrease in the provision for loan losses resulting from the continued improvement in asset quality.
LSB Financial Corp. Announces Cash Dividend
PR Newswire - Wed Feb 26, 9:25AM CST
LSB Financial Corp. (NASDAQ: LSBI), the parent company of Lafayette Savings Bank, FSB, announced today that it will pay a quarterly dividend of $0.09 per share to shareholders of record as of the close of business on March 10, 2014, with a payment date of March 19, 2014. This represents an increase of $0.02 or 28.6% over last quarter.
Nasdaq stocks posting largest percentage decreases
AP - Mon Dec 16, 12:40PM CST
NEW YORK (AP) — A look at the 10 biggest percentage decliners on Nasdaq at 1 p.m.:
LSB Financial Corp. Announces Termination of Formal Agreement with the Comptroller of the Currency
PR Newswire - Thu Nov 21, 1:55PM CST
LSB Financial Corp. (NASDAQ:LSBI), the parent company of Lafayette Savings Bank, FSB, today announced that on November 18, 2013, the Bank was informed by its primary regulator, the Office of the Comptroller of the Currency (the "OCC"), that the formal written agreement between the Bank and the OCC, dated August 31, 2010 (the "Agreement"), was terminated effective immediately. At September 30, 2013, the Bank was considered "well capitalized" for regulatory purposes with a Tier 1 leverage ratio of 11.2%, a Tier 1 risk-based capital ratio of 16.1% and a total risk-based capital ratio of 17.4%. The Bank exceeded the minimum regulatory requirements to be considered "well capitalized" of 5.00% for the Tier 1 leverage ratio, 6.00% for the Tier 1 risk-based capital ratio and 10.00% for the total risk-based capital ratio.
LSB Financial Corp. Announces Third Quarter and Year-to-Date Results
PR Newswire - Wed Nov 06, 2:18PM CST
LSB Financial Corp. (NASDAQ: LSBI), the parent company of Lafayette Savings Bank, FSB, today reported year-to-date earnings of $2.0 million or $1.29 diluted earnings per share compared to $2.0 million or $1.28 diluted earnings per share a year earlier. Earnings for the quarter were $703,000 or $0.45 diluted earnings per share compared to $879,000 or $0.56 diluted earnings per share a year earlier. The major contributors to the Bank's year-to-date performance were a $950,000 decrease in the provision for loan losses, a 59% improvement over last year; and a $296,000 or 37% increase in other income due primarily to increased fee income from the sale of other financial instruments and increases in mortgage loan servicing fees. These were offset by net interest income which decreased $841,000 or 8.8% compared to the same period in 2012 primarily because of lower loan rates and slower loan growth for the nine months and by a $394,000 decrease in the gain on the sale of mortgage loans over the first nine months of last year as higher long term interest rates slowed mortgage refinance activity.
LSB Financial Corp. Announces Second Quarter and Year-to-Date Results
PR Newswire - Fri Aug 09, 1:08PM CDT
LSB Financial Corp. (NASDAQ:LSBI), the parent company of Lafayette Savings Bank, FSB, today reported year-to-date earnings of $1.3 million or $0.85 diluted earnings per share compared to $1.1 million or $0.71 diluted earnings per share a year earlier. Earnings for the quarter were $664,000 or $0.42 diluted earnings per share compared to $509,000 or $0.33 diluted earnings per share a year earlier. The major contributors to the Bank's year-to-date performance were a $475,000 decrease in the provision for loan losses, a 43% improvement over last year; a $304,000 or 68% increase in other income due primarily to increased fee income from the sale of other financial instruments and increases in mortgage loan servicing fees; and a $125,000 increase in the gain on the sale of mortgage loans over the first six months of last year. Net interest income for the six months decreased $523,000 or 8.2% compared to the same period in 2012 primarily because of lower rates and slower loan growth.
LSB Financial Corp. Announces Payment of Cash Dividend
PR Newswire - Thu May 23, 4:02PM CDT
LSB Financial Corp., (NASDAQ:LSBI), (the "Company"), the parent company of Lafayette Savings Bank, FSB, announced today that it will pay a quarterly dividend of $0.05 per share to shareholders of record as of the close of business on June 4, 2013, with a payment date of June 12, 2013.
LSB Financial Corp. Announces First Quarter Results Up 9.8%
PR Newswire - Thu May 09, 4:42PM CDT
LSB Financial Corp. Announces First Quarter Results Up 9.8%
Nasdaq stocks posting largest volume decreases
AP - Fri Mar 07, 5:02PM CST
NEW YORK (AP) — A look at the 10 biggest volume decliners on Nasdaq at the close of trading:
LSB Financial Corp. Announces Year-end and Fourth Quarter Results
PR Newswire - Fri Mar 07, 2:06PM CST
LSB Financial Corp. (NASDAQ:LSBI), the parent company of Lafayette Savings Bank, FSB, today reported net income for 2013 of $2.5 million or $1.62 per share, compared to net income of $2.7 million or $1.70 per share for 2012. For the fourth quarter, net income was $518,000 or $0.33 per share in 2013 compared to $676,000 or $0.43 per share for the same period in 2012. The decrease in income in 2013 was primarily due to a $1.1 million or 8.7% decrease in net interest income and a $1.2 million or 46% decrease in gain on sale of loans. This was partially offset by a $1.5 million decrease in the provision for loan losses resulting from the continued improvement in asset quality.
LSB Financial Corp. Announces Cash Dividend
PR Newswire - Wed Feb 26, 9:25AM CST
LSB Financial Corp. (NASDAQ: LSBI), the parent company of Lafayette Savings Bank, FSB, announced today that it will pay a quarterly dividend of $0.09 per share to shareholders of record as of the close of business on March 10, 2014, with a payment date of March 19, 2014. This represents an increase of $0.02 or 28.6% over last quarter.
Nasdaq stocks posting largest percentage decreases
AP - Mon Dec 16, 12:40PM CST
NEW YORK (AP) — A look at the 10 biggest percentage decliners on Nasdaq at 1 p.m.:
LSB Financial Corp. Announces Termination of Formal Agreement with the Comptroller of the Currency
PR Newswire - Thu Nov 21, 1:55PM CST
LSB Financial Corp. (NASDAQ:LSBI), the parent company of Lafayette Savings Bank, FSB, today announced that on November 18, 2013, the Bank was informed by its primary regulator, the Office of the Comptroller of the Currency (the "OCC"), that the formal written agreement between the Bank and the OCC, dated August 31, 2010 (the "Agreement"), was terminated effective immediately. At September 30, 2013, the Bank was considered "well capitalized" for regulatory purposes with a Tier 1 leverage ratio of 11.2%, a Tier 1 risk-based capital ratio of 16.1% and a total risk-based capital ratio of 17.4%. The Bank exceeded the minimum regulatory requirements to be considered "well capitalized" of 5.00% for the Tier 1 leverage ratio, 6.00% for the Tier 1 risk-based capital ratio and 10.00% for the total risk-based capital ratio.
LSB Financial Corp. Announces Third Quarter and Year-to-Date Results
PR Newswire - Wed Nov 06, 2:18PM CST
LSB Financial Corp. (NASDAQ: LSBI), the parent company of Lafayette Savings Bank, FSB, today reported year-to-date earnings of $2.0 million or $1.29 diluted earnings per share compared to $2.0 million or $1.28 diluted earnings per share a year earlier. Earnings for the quarter were $703,000 or $0.45 diluted earnings per share compared to $879,000 or $0.56 diluted earnings per share a year earlier. The major contributors to the Bank's year-to-date performance were a $950,000 decrease in the provision for loan losses, a 59% improvement over last year; and a $296,000 or 37% increase in other income due primarily to increased fee income from the sale of other financial instruments and increases in mortgage loan servicing fees. These were offset by net interest income which decreased $841,000 or 8.8% compared to the same period in 2012 primarily because of lower loan rates and slower loan growth for the nine months and by a $394,000 decrease in the gain on the sale of mortgage loans over the first nine months of last year as higher long term interest rates slowed mortgage refinance activity.
LSB Financial Corp. Announces Second Quarter and Year-to-Date Results
PR Newswire - Fri Aug 09, 1:08PM CDT
LSB Financial Corp. (NASDAQ:LSBI), the parent company of Lafayette Savings Bank, FSB, today reported year-to-date earnings of $1.3 million or $0.85 diluted earnings per share compared to $1.1 million or $0.71 diluted earnings per share a year earlier. Earnings for the quarter were $664,000 or $0.42 diluted earnings per share compared to $509,000 or $0.33 diluted earnings per share a year earlier. The major contributors to the Bank's year-to-date performance were a $475,000 decrease in the provision for loan losses, a 43% improvement over last year; a $304,000 or 68% increase in other income due primarily to increased fee income from the sale of other financial instruments and increases in mortgage loan servicing fees; and a $125,000 increase in the gain on the sale of mortgage loans over the first six months of last year. Net interest income for the six months decreased $523,000 or 8.2% compared to the same period in 2012 primarily because of lower rates and slower loan growth.
LSB Financial Corp. Announces Payment of Cash Dividend
PR Newswire - Thu May 23, 4:02PM CDT
LSB Financial Corp., (NASDAQ:LSBI), (the "Company"), the parent company of Lafayette Savings Bank, FSB, announced today that it will pay a quarterly dividend of $0.05 per share to shareholders of record as of the close of business on June 4, 2013, with a payment date of June 12, 2013.
LSB Financial Corp. Announces First Quarter Results Up 9.8%
PR Newswire - Thu May 09, 4:42PM CDT
LSB Financial Corp. Announces First Quarter Results Up 9.8%
