Northeast Indiana Bancorp, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2019
January 01, 2020 at 12:55 am IST
Share
Northeast Indiana Bancorp, Inc. announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced net interest income was USD 2.868 million compared to USD 2.839 million a year ago. Net income was USD 1.145 million compared to USD 1.005 million a year ago. For the full year, net interest income was USD 11.660 million compared to USD 10.936 million a year ago. Net income was USD 4.685 million compared to USD 4.166 million 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.