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Northeast Indiana Bancorp - NIDB STOCK NEWS

Welcome to our dedicated page for Northeast Indiana Bancorp news (Ticker: NIDB), a resource for investors and traders seeking the latest updates and insights on Northeast Indiana Bancorp stock.

Northeast Indiana Bancorp, Inc. (NIDB) provides essential banking services through First Federal Savings Bank, serving Indiana communities with deposit solutions, residential/commercial lending, and financial advisory services. This news hub offers investors and stakeholders centralized access to official corporate developments.

Track key financial and operational updates through press releases covering earnings results, regulatory filings, leadership changes, and product innovations. Our curated collection ensures timely access to strategic announcements about mortgage services, community banking initiatives, and risk management practices.

Discover updates on NIDB's local market expansion, dividend declarations, and responses to economic trends affecting regional banking. Content spans quarterly performance reports, compliance updates, and service enhancements reflecting the company's commitment to personalized financial solutions.

Bookmark this page for streamlined monitoring of NIDB's evolving position in community banking. Verify information directly through original source materials and maintain informed perspectives on this Indiana-based financial institution's market activities.

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Northeast Indiana Bancorp, Inc. has announced its twenty ninth annual shareholders' meeting date and quarterly cash dividend. The book value of NIDB's stock was $19.15 per common share as of December 31, 2023. The last reported trade of the Company's stock was $18.00 per common share as of January 24, 2024, with an annualized dividend yield of 3.78%.
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Northeast Indiana Bancorp, Inc. (NIDB) announces $4.3 million net income for 2023, a decline from $6.6 million in 2022. The bank experienced margin pressure, increased provision expenses, and higher overhead expenses. Total assets increased to $498.7 million, with net loans rising to $370.7 million and total deposits to $401.1 million. Stockholder's equity increased to $46.4 million. First Federal Savings Bank was named to American Banker Magazine's Top 200 Community Banks for the 12th consecutive year and maintained its position on the Dividend Champions List. President and CEO Michael Zahn expressed satisfaction with the bank's performance despite challenges.
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Northeast Indiana Bancorp, Inc. (NIDB) declares a special cash dividend of $0.25 per share on its common stock, marking the 9th consecutive year of issuing special dividends, totaling over $8.4 million. The record date is December 14, 2023, and the payment date is December 28, 2023. NIDB's book value per common share is $18.08 as of September 30, 2023. The company offers a full range of banking and financial brokerage services through its main office in Huntington and six full-service Indiana offices. NIDB is traded on the OTCQB platform under the symbol 'NIDB'.
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Northeast Indiana Bancorp reports net income of $3.5 million for the nine months ended September 30, 2023, compared to $5 million for the same period in 2022. Net interest income decreased and overhead expenses increased, contributing to the decline in net income. Total assets increased to $484.4 million, and net loans increased to $359.3 million.
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Northeast Indiana Bancorp, Inc. increases quarterly cash dividend
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Travis Penrod joins Northeast Indiana Bancorp as Senior VP and CFO
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Northeast Indiana Bancorp, Inc. announces cash dividend and names Dr. Julie Utendorf to Board of Directors
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Northeast Indiana Bancorp, Inc. announces a 2-for-1 stock split
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Northeast Indiana Bancorp

OTC:NIDB

NIDB Rankings

NIDB Stock Data

42.12M
2.41M
Banks - Regional
Financial Services
Link
United States
Huntington