<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.
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