Financial Performance - Northeast Indiana Bancorp, Inc. reported net income of $1,793,000 ($0.76 per diluted common share) for Q3 2025, a significant increase from $1,017,000 ($0.43 per diluted common share) in Q3 2024, reflecting an annualized return on average assets (ROA) of 1.29% and return on average equity (ROE) of 13.95% compared to 0.79% and 8.46% respectively in the prior year [1][3][7] - For the nine months ended September 30, 2025, net income was $4,492,000 ($1.89 per diluted common share), up from $3,333,000 ($1.39 per diluted common share) for the same period in 2024, with an annualized ROA of 1.10% and ROE of 12.02% compared to 0.87% and 9.49% in 2024 [3][7] Income and Expenses - Net interest income increased by $934,000 in Q3 2025 compared to Q3 2024, while total non-interest income was $660,000 in Q3 2025, down from $1,000,000 in the same period of 2024 [2][6] - Total non-interest expense for Q3 2025 was $3,282,000, compared to $3,128,000 in Q3 2024, indicating a rise in operational costs [2][6] Asset and Loan Growth - Total assets increased by $36.7 million, or 9.4% on an annualized basis, reaching $559.1 million as of September 30, 2025, compared to $522.3 million at the end of 2024 [3][5] - Total net loans rose by $35.1 million, or 12% on an annualized basis, to $425.7 million as of September 30, 2025, compared to $390.6 million at December 31, 2024 [3][5] Deposits and Equity - Total deposits increased by $25.8 million, or 8.1% on an annualized basis, to $454.9 million as of September 30, 2025, compared to $428.9 million at December 31, 2024 [3][5] - Shareholders' equity rose by $4.9 million to $53.2 million as of September 30, 2025, compared to $48.3 million at December 31, 2024 [3][5] Stock Performance - The book value of NIDB stock increased by $1.34 to $22.37 per common share as of September 30, 2025, compared to $21.03 at June 30, 2025 [3][5][8] - The number of outstanding common shares was 2,376,066 as of September 30, 2025 [3][5]

Group 1 - Northeast Indiana Bancorp, Inc. will pay a cash dividend of $0.18 per common share, payable on August 21, 2025, to shareholders of record on August 7, 2025 [1] - The Board approved a 5% share repurchase plan, approximately 120,000 shares, during the Annual Meeting on April 22, 2025, with 9,393 shares purchased under the plan as of July 22, 2025 [2] - The book value of NIDB's stock was $21.03 per common share as of June 30, 2025, with the last reported trade at $17.50 per common share on July 22, 2025, resulting in an annualized dividend yield of 4.11% [3] Group 2 - Northeast Indiana Bancorp, Inc. is headquartered in Huntington, Indiana, and offers a full array of banking and financial brokerage services through its main office and seven full-service offices in Indiana [4]

Financial Performance - Northeast Indiana Bancorp, Inc. reported net income of $1,641,000 ($0.69 per diluted common share) for Q2 2025, an increase from $1,594,000 ($0.66 per diluted common share) in Q2 2024, reflecting a growth in earnings [1][2] - For the first half of 2025, net income was $2.7 million ($1.13 per diluted common share), compared to $2.3 million ($0.96 per diluted common share) in the same period of 2024, indicating a positive trend in profitability [3] Income and Expenses - Net interest income increased by $699,000 in Q2 2025 compared to Q2 2024, while total non-interest income decreased to $708,000 from $1.2 million in the same period [2][10] - Provision for credit loss expense rose to $200,000 in Q2 2025 from $75,000 in Q2 2024, indicating a more cautious approach to credit risk [2][10] - Total non-interest expense decreased slightly to $3 million in Q2 2025 from $3.1 million in Q2 2024, showing effective cost management [2][10] Asset and Loan Growth - Total assets increased by $34.5 million, or 13.3% on an annualized basis, reaching $556.8 million as of June 30, 2025, compared to $522.3 million at the end of 2024 [4] - Total gross loans rose by $32 million, or 16.5% on an annualized basis, to $422.6 million as of June 30, 2025, compared to $390.6 million at the end of 2024 [4] - Total deposits increased by $25.8 million, or 12.1% on an annualized basis, to $454.7 million as of June 30, 2025, compared to $428.9 million at the end of 2024 [4] Shareholder Equity - Shareholders' equity increased by $2.1 million to $50.4 million as of June 30, 2025, compared to $48.3 million at the end of 2024 [5] - The book value of NIDB stock rose by $0.46 to $21.03 per common share as of June 30, 2025, compared to $20.57 at the end of Q1 2025 [5][11] Financial Ratios - The annualized return on average assets (ROA) for Q2 2025 was 1.19%, slightly down from 1.24% in Q2 2024, while the return on average equity (ROE) was 13.27%, down from 13.80% in the same period [1][10] - For the first half of 2025, the annualized ROA was 1.00% and ROE was 11.02%, compared to 0.91% and 10.01% respectively for the same period in 2024 [3][10]