Exhibit 5
LUSE GORMAN POMERENK & SCHICK
A PROFESSIONAL CORPORATION
ATTORNEYS AT LAW
5335 WISCONSIN AVENUE, N.W., SUITE 400
WASHINGTON, D.C. 20015
TELEPHONE (202) 274-2000
FACSIMILE (202) 362-2902
www.luselaw.com
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| WRITER’S DIRECT DIAL NUMBER | | WRITER’S EMAIL |
| (202) 274-2009 | | mlevy@luselaw.com |
June 5, 2007
The Board of Directors
LaPorte Bancorp, Inc.
710 Indiana Avenue
LaPorte, Indiana 45350
Common Stock, Par Value $0.01 Per Share
Ladies and Gentlemen:
You have requested the opinion of this firm as to certain matters in connection with the offer and sale (the “Offering”) of LaPorte Bancorp, Inc. (the “Company”) Common Stock, par value $0.01 per share (“Common Stock”). We have reviewed the Company’s Charter, Registration Statement on Form S-1 (the “Form S-1”), as well as applicable statutes and regulations governing the Company and the offer and sale of the Common Stock.
We are of the opinion that upon the declaration of effectiveness of the Form S-1, the Common Stock, when sold pursuant to the Company’s prospectus and LaPorte Bancorp, Inc. Plan of Reorganization from a Mutual Savings Bank to a Mutual Holding Company and Stock Issuance Plan, will be legally issued, fully paid and non-assessable.
This Opinion has been prepared in connection with the Form S-1. We hereby consent to our firm being referenced under the caption “Legal and Tax Opinions,” and for inclusion of this opinion as an exhibit to the Registration Statement on Form S-1.
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| Very truly yours, |
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| /s/ Luse Gorman Pomerenk & Schick |
| LUSE GORMAN POMERENK & SCHICK |
| A PROFESSIONAL CORPORATION |
