Northeast Indiana Bancorp Inc. reports Q3 net income of $1.79 million

Reuters
2025/10/29
<a href="https://laohu8.com/S/NIDB">Northeast Indiana</a> Bancorp Inc. reports Q3 net income of $1.79 million

Northeast Indiana Bancorp Inc. reported net income of $1.793 million for the third quarter of 2025, compared to $1.017 million for the same period in 2024. The annualized return on average assets was 1.29%, and the return on average equity was 13.95%, up from 0.79% and 8.46% respectively in the third quarter of 2024. Net interest income increased by $0.934 million year-over-year. Total non-interest income was $0.66 million, down from $1 million in the prior year period. Total non-interest expense rose to $3.282 million from $3.128 million. Total assets reached $559.1 million as of September 30, 2025, compared to $522.3 million at the end of 2024. Total net loans were $425.7 million, up from $390.6 million at December 31, 2024. Total deposits increased to $454.9 million from $428.9 million over the same period. Shareholders' equity was $53.2 million as of September 30, 2025, up from $48.3 million at year-end 2024. The book value per common share was $22.37, with 2,376,066 common shares outstanding at the end of the quarter.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Northeast Indiana Bancorp Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: DE09541) on October 28, 2025, and is solely responsible for the information contained therein.

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