Northeast Indiana Bancorp, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
February 05, 2021 at 08:28 pm IST
Share
Northeast Indiana Bancorp, Inc. announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced net interest income was USD 3.496 million compared to USD 2.868 million a year ago. Net income was USD 1.475 million compared to USD 1.145 million a year ago. Basic earnings per share from continuing operations was USD 1.23 compared to USD 0.96 a year ago. For the full year, net interest income was USD 12.408 million compared to USD 11.660 million a year ago. Net income was USD 5.599 million compared to USD 4.685 million a year ago. Basic earnings per share from continuing operations was USD 4.65 compared to USD 3.91 a year ago. Diluted earnings per share from continuing operations was USD 4.64 compared to USD 3.91 a year ago.
Northeast Indiana Bancorp, Inc. is the holding company for First Federal Savings Bank (First Federal). First Federal offers a full array of banking and financial advisory services to its customers through three full-service locations in Huntington, Indiana, one full-service location in Warsaw, Indiana and two full-service locations in Fort Wayne, Indiana. The Bankâs personal banking includes checking, savings/certificate of deposits (CDs), health savings accounts, retirement accounts, direct deposit, credit cards, debit cards, checking, loans, safety deposit boxes and online banking. Its business banking includes business checking accounts, business debit cards, merchant services and cash management. Its financial services include investments, insurance, wealth management and corporate retirement accounts. Its subsidiaries include FFSB Portfolio Holdings, Inc. and FFSB Real Estate Holdings, Inc.
NORTHEAST INDIANA BANCORP, INC. 
