Northwest Indiana Bancorp Announces Unaudited Consolidated Earnings Results for Fourth Quarter and Full Year Ended December 31, 2014
For the year, the company reported total interest income of $27,183,000, net interest income of $25,363,000, income before income taxes of $9,547,000, net income of $7,394,000 or $2.60 per basic and diluted share compared to the total interest income of $26,157,000, net interest income of $24,427,000, income before income taxes of $9,515,000, net income of $7,118,000 or $2.50 per basic and diluted share for the previous year. Return on equity was 10.14% compared to the 10.17% for the previous year. Return on assets was 0.97% compared to 1.03% for the previous year. Book value per share as on December 31, 2014 was $26.78 compared to the $23.50 as on December 31, 2013.