United States
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(b) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 26, 2000
LOGANSPORT FINANCIAL CORP.
(Exact name of registrant specified in its charter)
INDIANA
(State of other jurisdiction of incorporation)
0-25910 35-1945736
(Commission File Number) (I.R.S. Employer
Identification Number)
723 East Broadway
P.O. Box 569
Logansport, Indiana 46947
(Address of principal executive offices
including Zip Code)
(219) 722-3855
(Registrant's telephone number, including area code
<PAGE>
Item 5. Other Events
Pursuant to General Instruction F to Form 8-K, the press
release issued January 26, 2000, concerning the retirement
of the Corporation's President and the appointment of
successor is attached hereto as Exhibit 99 and incorporated
by reference herein.
Item 7. Financial Statements and Exhibits
(C)Exhibits
Exhibit 99-Press release dated January 26, 2000
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/ Thomas G. Williams
------------------------------------
Thomas G. Williams, President
and Chief Executive Officer
Dated: January 26, 2000
LOGANSPORT FINANCIAL CORPORATION ANNOUNCES THE
RETIREMENT OF ITS PRESIDENT AND APPOINTMENT OF SUCCESSOR
Logansport, Indiana (January 26, 2000). Logansport Financial Corp. (NASDAQ
Small Cap Market, "LOGN"), an Indiana corporation (the "Company"), which is the
holding company of Logansport Savings Bank, FSB, a federal savings bank (the
"Bank"), announced today that its President, Thomas G. Williams, will retire
effective as of the date of the Company's annual shareholder meeting on April
11, 2000. His successor will be David G. Wihebrink, a current member of the
Board of Directors of the Company, who will assume the duties of President of
the Company and the Bank on April 11, 2000.
Williams' tenure at Logansport Savings Bank, FSB began in 1959 when he
became the Bank's manager. He was later named Executive Vice President before
being named President in 1971. He became a member of the Bank's Board of
Directors in 1962. During the 41 years Williams has been with the Bank, total
assets have increased from approximately $750,000 to $117,000,000.
David Wihebrink is currently the Vice President and Chief Financial Officer
of T.M. Morris Manufacturing Company. He has been a member of the Board of
Directors of the Bank since 1991. Prior to his employment with T.M. Morris, he
was a partner in the accounting firm of Wihebrink & Zehner, and before that of
the accounting firm Smith, Thompson and Wihebrink.
William Tincher, a member of the Board of Directors of the Company,
expressed the Board's gratitude toward Williams for his many years of
outstanding leadership and making the local bank one of the strongest in the
industry. "Tom has shown strong and steady leadership during his long tenure
with the bank. He has helped the bank weather all kinds of economic conditions,
while being extremely loyal and devoted to the bank. As a Board we are grateful
for his leadership."
At December 31, 1999, the Company had consolidated total assets of $117
million and shareholders' equity of $16 million. The Bank is based in
Logansport, Indiana.
