The Board of Directors of Northeast Indiana Bancorp, Inc., (OTCQB: NIDB), the parent company of First Federal Savings Bank, is proud to announce the Corporation has increased the cash dividend paid to shareholders for the 30th year in a row.
Northeast Indiana Bancorp, Inc., (OTCQB: NIDB), the parent company of First Federal Savings Bank, today announced net income of $1.0 million ($0.43 per diluted common share) for the third quarter ended September 30, 2024 compared to net income of $1.2 million ($0.51 per diluted common share) for the third quarter ended September 30, 2023. The current quarter earnings equate to an annualized return on average assets (ROA) of 0.79% and an annualized return on average equity (ROE) of 8.46% compared