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Northeast Indiana Bancorp Inc. - NIDB STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Northeast Indiana Bancorp's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Northeast Indiana Bancorp's position in the market.

Rhea-AI Summary
Northeast Indiana Bancorp, Inc. announces a cash dividend of $0.17 per common share payable on May 23, 2024, and holds its twenty-ninth annual shareholder meeting. The book value of NIDB's stock is $19.05 per common share as of March 31, 2024. The last reported trade price was $16.55 per common share on April 24, 2024, with an annualized dividend yield of 4.11%. Northeast Indiana Bancorp, Inc. provides banking and financial brokerage services through its offices in Indiana.
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-3.56%
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Rhea-AI Summary
Northeast Indiana Bancorp, Inc. reported first-quarter 2024 net income of $722,000 ($0.30 per diluted common share), with a decrease from the previous year. Total assets, loans, and deposits showed growth, while shareholders' equity decreased slightly. Net interest income and non-interest income experienced changes, with an increase in non-interest expenses. The company's stock split was effective in July 2023.
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Rhea-AI Summary
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 Inc.

OTC:NIDB

NIDB Rankings

NIDB Stock Data

40.96M
Savings Institutions
Finance and Insurance
Link
United States
Huntington

About NIDB

northeast indiana bancorp, inc. operates as the bank holding company for first federal savings bank that provides various banking and financial advisory services. the company provides various personal products, including checking accounts, savings accounts, certificates of deposit, retirement accounts, health savings accounts, and direct deposits. its loan portfolio comprises mortgage loans, such as home purchases, refinances, new construction loans, and home equity/home improvement loans; installment loans consisting of auto loans, personal loans, short term notes, and savings account loans, as well as rv, atv, and boat loans; and commercial loans, including lines of credit, letters of credit, equipment financing, and construction loans, as well as commercial loans comprising revolving line of credit, term loans, real estate loans, letter of credit, and small business administration loans. the company also offers debit and credit cards, safe deposit boxes, online banking services, mer