LSB Financial Corp.

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LSB Financial Corp.

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(NASDAQ:LSBI)
Contact Information
LSB Financial Corp.
101 Main St.
Lafayette, IN 47901
IN Tel. 765-742-1064
Toll Free 800-704-3084
Fax 765-742-1507

Type: Public
On the web: http://www.lsbank.com
Employees: 95
Employee growth: (2.1%)

There's nothing psychedelic about LSB. Straight-laced LSB Financial is the holding company for Lafayette Savings Bank, which has been serving northern Indiana since 1869. Today the bank has a handful of branches in the communities of Lafayette and West Lafayette, offering checking, savings, and money market accounts, NOW accounts, and CDs. It primarily writes real estate loans, with residential mortgages making up about half of the company's loan portfolio. It also writes commercial and multifamily residential mortgages, real estate construction loans, and land development loans.

Key numbers for fiscal year ending December, 2011:
Sales: $20.5M
One year growth: (6.7%)
Net income: $0.5M
Income growth: (74.5%)

Officers:
President, CEO, and Director; President and CEO, Lafayette Savings Bank: Randolph F. (Randy) Williams
VP, CFO, Secretary, LSB Financial and Lafayette Savings and Director: Banks & Credit Unions

Competitors:
First Merchants
Huntington Bancshares
Lafayette Community Bancorp

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