Laporte Bancorp Inc (LPSB) financial statements (2022 and earlier)

Company profile

Business Address 710 INDIANA AVENUE
LAPORTE, IN 46350
State of Incorp. MD
Fiscal Year End December 31
SIC 6036 - Savings Institutions, Not Federally Chartered (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments32,05815,313  
Cash and cash equivalents32,05815,313  
Restricted cash and investments5,2002,600  
Disposal group, including discontinued operation 763  
Total current assets:37,25818,676  
Noncurrent Assets
Property, plant and equipment8,6088,6689,4649,575
Intangible assets, net (including goodwill)8,5848,6358,7058,794
Goodwill8,4318,4318,4318,431
Intangible assets, net (excluding goodwill)153204274363
Total noncurrent assets:17,19217,30318,16918,369
Other undisclosed assets488,741482,637508,712474,386
TOTAL ASSETS:543,191518,616526,881492,755
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt30,00050,6742,415 
Total current liabilities:30,00050,6742,415 
Noncurrent Liabilities
Other undisclosed liabilities427,643385,554444,217408,700
Total liabilities:457,643436,228446,632408,700
Stockholders' equity
Stockholders' equity attributable to parent, including:85,54882,38880,24984,055
Common stock56575962
Additional paid in capital40,12040,60944,49546,532
Accumulated other comprehensive income (loss)310522(1,838)2,364
Retained earnings47,94044,25840,77137,745
Unearned esop shares(2,878)(3,058)(3,238)(3,418)
Other undisclosed stockholders' equity attributable to parent   770
Total stockholders' equity:85,54882,38880,24984,055
TOTAL LIABILITIES AND EQUITY:543,191518,616526,881492,755

Income statement (P&L) ($ in thousands)

12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues20,02419,134  
Net investment income18,55217,752  
Cost of revenue(67) (6)(1,037)
Amortization of mortgage servicing rights (msrs)(67) 120139
Financial services costs  (6)(1,037)
Gross profit:19,95719,134(6)(1,037)
Operating expenses(10,776)(10,471)(7,719)(7,264)
Operating income (loss):9,1818,663(7,725)(8,301)
Nonoperating income (expense)426655(852)182
Investment income, nonoperating 203(1,135) 
Losses on sales of other real estate (12)(39)(31)
Bank owned life insurance income426431414387
Mortgage servicing rights (msr) impairment (recovery) 33(92)(174)
Interest and debt expense(2,669)(3,065)(3,421)(4,392)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes(1,299)(1,150)17,23818,292
Income from continuing operations before income taxes:5,6395,1035,2405,781
Income tax expense(1,061)(693)(1,227)(1,496)
Net income attributable to parent:4,5784,4104,0134,285
Preferred stock dividends and other adjustments(1)(1)(1)(1)
Other undisclosed net income available to common stockholders, basic  11
Net income available to common stockholders, diluted:4,5774,4094,0134,285

Comprehensive Income ($ in thousands)

12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income:4,5784,4104,0134,285
Other comprehensive income (loss)(212)2,360(4,202)333
Comprehensive income (loss), net of tax, attributable to parent:4,3666,770(189)4,618

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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