Northeast Indiana Bancorp, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
October 15, 2020 at 09:13 pm IST
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Northeast Indiana Bancorp, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced net interest income was USD 3.039 million compared to USD 2.993 million a year ago. Net income was USD 1.647 million compared to USD 1.361 million a year ago. Basic earnings per share from continuing operations was USD 1.37 compared to USD 1.14 a year ago. For the nine months, net interest income was USD 8.912 million compared to USD 8.792 million a year ago. Net income was USD 4.123 million compared to USD 3.540 million a year ago. Basic earnings per share from continuing operations was USD 3.43 compared to USD 2.96 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. 
