LaPorte Bancorp 8-K Laporte Bancorp, Inc. Announces Earnings

Press Release             

FOR IMMEDIATE RELEASE

Contact:	Michele M. Thompson
	President and Chief Financial Officer
Telephone:	(219) 362-7511
Fax:	(219) 326-6048

LAPORTE BANCORP, INC.

ANNOUNCES QUARTERLY CASH DIVIDEND

April 27, 2016, LaPorte Bancorp, Inc. (NASDAQ Capital: LPSB) today announced that its Board of Directors declared on April 26, 2016 a quarterly cash dividend of $0.04 per common share. The dividend will be paid on or about June 3, 2016 to stockholders of record as of the close of business on May 16, 2016. This represents a dividend yield of 1.0% based on the price per share of $15.92 at the close of markets on April 25, 2016, the business date prior to which the Board approved the dividend.

LaPorte Bancorp, Inc. is a Maryland chartered stock holding company. The Company is headquartered at 710 Indiana Avenue, LaPorte, Indiana. Founded in 1871, The LaPorte Savings Bank is an Indiana-chartered savings bank that operates seven full service locations in the LaPorte and Porter County regions in Northwest Indiana and a mortgage loan production office in St. Joseph, Michigan. As a community-oriented savings bank, the Bank offers a variety of deposit and loan products to individuals and small businesses. Investors may obtain additional information about LaPorte Bancorp, Inc. and the Bank on the Internet at www.laportesavingsbank.com under Investor Relations.