NORTHEAST INDIANA BANCORP, INC. ANNOUNCES FOURTH QUARTER AND ANNUAL EARNINGS

Core Insights - Northeast Indiana Bancorp, Inc. reported a significant increase in net income for the fourth quarter of 2025, reaching $1,774,000 ($0.75 per diluted common share), compared to $972,000 ($0.41 per diluted common share) in the same quarter of 2024, reflecting strong financial performance [1][3] Financial Performance - Net interest income rose by $838,000 in Q4 2025 compared to Q4 2024 [2] - Provision for credit loss expense decreased by $574,000 in Q4 2025 compared to the same period in 2024 [2] - Total non-interest income was $611,000 in Q4 2025, down from $660,000 in Q4 2024 [2] - Total non-interest expense increased to $3,333,000 in Q4 2025 from $3,126,000 in Q4 2024 [2] Yearly Overview - For the year ended December 31, 2025, net income was $6.3 million ($2.64 per diluted common share), up from $4.3 million ($1.80 per diluted common share) in 2024 [3] - Annualized return on average assets (ROA) for 2025 was 1.14%, compared to 0.84% in 2024 [3] - Annualized return on average equity (ROE) for 2025 was 12.32%, up from 9.13% in 2024 [3] Asset and Equity Growth - Total assets increased by $37 million, or 7%, to $559.3 million as of December 31, 2025, compared to $522.3 million in 2024 [4] - Total net loans rose by $34.7 million, or 8.9%, to $425.3 million at the end of 2025 [4] - Total deposits increased by $26.9 million, or 6.3%, to $455.8 million as of December 31, 2025 [4] - Shareholders' equity grew by $6.6 million to $54.9 million at the end of 2025 [5] Dividend Performance - Northeast Indiana Bancorp, Inc. maintained its status on the Dividend Champions List, having increased dividends for 31 consecutive years [6] Management Commentary - The President and CEO expressed satisfaction with the financial performance in 2025 and optimism for future growth, emphasizing the company's commitment to serving customers and communities [7]