LaPorte Bancorp (LaPorte Bancorp) Tax Rate % : 20.24% (As of Mar. 2016)

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What is LaPorte Bancorp Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. LaPorte Bancorp's Tax Expense for the three months ended in Mar. 2016 was $0.15 Mil. LaPorte Bancorp's Pre-Tax Income for the three months ended in Mar. 2016 was $0.75 Mil. Therefore, LaPorte Bancorp's Tax Rate % for the quarter that ended in Mar. 2016 was 20.24%.

LaPorte Bancorp Tax Rate % Historical Data

The historical data trend for LaPorte Bancorp's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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LaPorte Bancorp Tax Rate % Chart

LaPorte Bancorp Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Tax Rate %

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18.50

25.88

23.42

13.58

18.82

LaPorte Bancorp Quarterly Data
	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16
Tax Rate %	Get a 7-Day Free Trial															14.08	19.71	19.41	20.73	20.24

LaPorte Bancorp Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

LaPorte Bancorp's Tax Rate % for the fiscal year that ended in Dec. 2015 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2015 )	/	Pre-Tax Income (A: Dec. 2015 )
	=	1.061	/	5.639
	=	18.82 %

LaPorte Bancorp's Tax Rate % for the quarter that ended in Mar. 2016 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2016 )	/	Pre-Tax Income (Q: Mar. 2016 )
	=	0.151	/	0.746
	=	20.24 %

LaPorte Bancorp Tax Rate % Related Terms

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LaPorte Bancorp (LaPorte Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » LaPorte Bancorp Inc (NAS:LPSB) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.laportesavingsbank.com

LaPorte Bancorp Inc operates as the bank holding company for The LaPorte Savings Bank. The LaPorte Savings Bank is an Indiana-chartered savings bank that operates from seven full-service locations in LaPorte and Porter Counties, Indiana and a mortgage loan production office in St. Joseph, Michigan. The Company's business consists of accepting deposits from the general public and investing those deposits, together with funds generated from operations and borrowings, in residential loans, commercial real estate loans, mortgage warehouse loans, construction loans, home equity loans and lines of credit, commercial loans, automobile and other consumer loans, as well as agency securities, mortgage-backed securities, collateralized mortgage obligation securities and municipal bond securities. In addition, the Company offers trust services through a referral agreement with a third party. In Lending Activities One- to Four-Family Residential Loans: The majority of the one- to four-family residential mortgage loans the company originates are conventional. The Company also offers adjustable rate mortgage loans with fixed terms of three, five or seven years before converting to an annual adjustment schedule based on changes in a designated United States Treasury index. The Company also makes commercial land development and residential land loans. The Company also makes construction loans for commercial development projects, such as multi-family, apartment and small retail and office buildings. Its deposit accounts consist of savings accounts, health savings accounts, NOW accounts, checking accounts, money market accounts, certificates of deposit and IRAs. The Company also provides commercial checking accounts for businesses.

Executives

Michele M. Magnuson

director, officer: President and CFO

515 FRANKLIN STREET, MICHIGAN CITY IN 46360

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