Corporate Announcement - Northeast Indiana Bancorp, Inc. will hold its thirty-first annual shareholders' meeting on April 28, 2026, at 1:00 PM local time in the boardroom of First Federal Savings Bank [1] - The record date for the annual meeting is set for March 9, 2026 [1] Dividend Declaration - The company announced a quarterly cash dividend of $0.19 per common share, payable on February 26, 2026, to shareholders of record on February 12, 2026 [2] Financial Performance - As of December 31, 2025, the book value of NIDB's stock was $23.19 per common share [3] - The last reported trade of the company's stock on January 27, 2026, was $21.10 per common share, with 2,367,741 outstanding common shares [3] - The annualized dividend yield is currently 3.60%, calculated based on the current quarter cash dividend against the January 27, 2026 closing price [3] Company Overview - Northeast Indiana Bancorp, Inc. is headquartered in Huntington, Indiana, and offers a full array of banking and financial brokerage services through nine full-service offices in Indiana [4] - The company trades on the OTC Markets Group under the symbol "NIDB" [4]

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]

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]