NORTHEAST INDIANA BANCORP, INC. ANNOUNCES THIRTY-FIRST ANNUAL SHAREHOLDER MEETING DATE AND QUARTERLY CASH DIVIDEND

Rhea-AI Summary

Northeast Indiana Bancorp (OTCQB:NIDB) set its 31st annual shareholders meeting for April 28, 2026 at 1:00 PM local time in Huntington, Indiana, with a holders of record date of March 9, 2026. The company declared a quarterly cash dividend of $0.19 per common share payable Feb 26, 2026 to holders of record on Feb 12, 2026.

As of Dec 31, 2025 the book value was $23.19 per share; the last reported close on Jan 27, 2026 was $21.10 and outstanding common shares numbered 2,367,741. The annualized dividend yield is reported at 3.60% based on the Jan 27, 2026 close.

Positive

• Quarterly cash dividend of $0.19 per common share
• Dividend payable on Feb 26, 2026 to holders of record Feb 12, 2026
• Annualized dividend yield of 3.60% at Jan 27, 2026 closing price
• Book value of $23.19 per share as of Dec 31, 2025

Negative

• Last reported share price $21.10 below book value of $23.19
• Relatively small outstanding share base of 2,367,741 may limit liquidity

HUNTINGTON, Ind., Jan. 28, 2026 /PRNewswire/ -- Northeast Indiana Bancorp, Inc., (OTCQB: NIDB), the parent company of First Federal Savings Bank, has announced that the Corporation will hold its thirty-first annual shareholders' meeting on April 28, 2026, at 1:00 PM local time. The meeting will be held in the boardroom of First Federal Savings Bank at 100 Frontage Road, Huntington, Indiana. The holders of record date for the annual meeting will be March 9, 2026.

The Company also announced a quarterly cash dividend of $0.19 per common share. This cash dividend will be payable on February 26, 2026, to common shareholders of record on February 12, 2026.

The book value of NIDB's stock was $23.19 per common share as of December 31, 2025. The last reported trade of the Company's stock at the close of business on January 27, 2026 was $21.10 per common share and the number of outstanding common shares was 2,367,741 as of the same date. The annualized dividend yield is currently 3.60% when annualizing the current quarter cash dividend of $0.19 per common share against the January 27, 2026 closing price of $21.10 per common share. 

Northeast Indiana Bancorp, Inc. is headquartered at 648 N. Jefferson Street, Huntington, Indiana. The company offers a full array of banking and financial brokerage services to its customers through its nine full-service Indiana offices in Huntington (3), Warsaw (2), Fort Wayne (3) and Roanoke (1). The Company trades on the OTC Markets Group, Inc. (www.otcmarkets.com) utilizing the OTCQB platform under the symbol "NIDB". Our web site address is www.firstfedindiana.bank.

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SOURCE Northeast Indiana Bancorp, Inc.

FAQ

When is Northeast Indiana Bancorp's (NIDB) 2026 annual shareholders meeting?

The meeting is scheduled for April 28, 2026 at 1:00 PM local time. According to the company, the meeting will be held in the First Federal Savings Bank boardroom in Huntington, Indiana, with a holders of record date of March 9, 2026.

What dividend did Northeast Indiana Bancorp (NIDB) declare for Q1 2026 and when is it payable?

Northeast Indiana Bancorp declared a $0.19 quarterly cash dividend payable Feb 26, 2026. According to the company, the dividend applies to shareholders of record as of Feb 12, 2026.

What is NIDB's reported annualized dividend yield based on the Jan 27, 2026 close?

The annualized dividend yield is reported at 3.60% based on the Jan 27, 2026 closing price. According to the company, this yield annualizes the current quarter payment of $0.19 against the $21.10 closing share price.

How many common shares of Northeast Indiana Bancorp (NIDB) were outstanding as of Jan 27, 2026?

The company reported 2,367,741 outstanding common shares as of Jan 27, 2026. According to the company, that outstanding share count accompanies the reported closing price and book value figures.

What were NIDB's book value and last reported share price at the end of 2025 and Jan 27, 2026?

Book value was $23.19 per share as of Dec 31, 2025; the last reported close was $21.10 on Jan 27, 2026. According to the company, the book value exceeded the recent market close on that date.

Where can NIDB shareholders find the shareholder meeting location and company contact details?

The annual meeting will be at First Federal Savings Bank boardroom, 100 Frontage Road, Huntington, Indiana. According to the company, headquarters are at 648 N. Jefferson Street, Huntington, and the website is www.firstfedindiana.bank.