Northeast Indiana Bancorp Reports Impressive Financial Growth for Fourth Quarter 2025

In a significant announcement, Northeast Indiana Bancorp, Inc. (OTCQB: NIDB), the parent company of First Federal Savings Bank, has reported considerable financial progress for the fourth quarter of 2025. The parent company disclosed a net income of $1,774,000, equating to $0.75 per diluted common share, which represents a substantial increase from $972,000 or $0.41 per diluted common share recorded in the same quarter last year. This leap is indicative of a strong return on average assets (ROA) of 1.27% compared to 0.74% from the previous year, alongside a robust return on average equity (ROE) increasing to 13.14% from 8.01%.

The increase in quarterly earnings can be attributed to a rise in net interest income, which recorded an increase of $838,000 compared to the fourth quarter of 2024. Interestingly, the provision for credit loss expenses saw a decrease of $574,000 during this period, signaling an optimistic outlook for future financial stability. In comparison, the total non-interest income amounted to $611,000 for the quarter, a slight drop from $660,000 in 2024, while total non-interest expenses were reported at $3,333,000.

For the entire year ending December 31, 2025, Northeast Indiana Bancorp recorded a net income of $6.3 million, demonstrating growth from $4.3 million in 2024. The company's annual performance showed an ROA of 1.14% and an ROE of 12.32%, an increase from 0.84% and 9.13%, respectively, the previous year. This overall performance highlights the effective management and operational efficiency of the institution against the backdrop of a challenging economic environment.

The bank's total assets grew to $559.3 million, a 7% increase from $522.3 million a year before, highlighting strong financial health and asset management. Similarly, net loans rose by 8.9%, reaching $425.3 million from $390.6 million in 2024. Deposits also experienced growth, increasing by $26.9 million or 6.3%, bringing the total up to $455.8 million.

Another highlight from the report was the increase in shareholders' equity, which went up by $6.6 million to $54.9 million by year-end. The book value of NIDB stock also saw a substantial uptrend, growing by $3.05 to reach $23.19 per common share. As of December 31, 2025, the total number of common shares outstanding stood at 2,367,741.

Notably, Northeast Indiana Bancorp continues to maintain its stature on the esteemed Dividend Champions List. This prestigious recognition is accorded to companies that have raised their dividends to shareholders for 25 consecutive years. With the addition of the latest quarterly dividend increase, Northeast Indiana Bancorp proudly marks the 31st consecutive year of dividend growth.

Michael S. Zahn, the President and CEO of Northeast Indiana Bancorp, expressed optimism about the company's financial trajectory, stating, "I am very pleased with our financial performance in 2025. Our team does an amazing job serving our customers and our communities. I am optimistic that we will continue to meet the expectations of our customers and shareholders while helping to make the communities which we serve the best versions of themselves."

Northeast Indiana Bancorp, Inc. is based at 648 N. Jefferson Street, Huntington, Indiana, and offers a comprehensive range of banking and financial brokerage services across its nine full-service locations in Indiana, including Huntington (with three branches), Warsaw (two branches), Fort Wayne (three branches), and Roanoke (one branch).

Trading on the OTC Markets Group's OTCQB platform under the symbol NIDB, the bank also emphasizes its commitment to staying adaptable amid changing economic landscapes. This announcement not only reflects the organization's growth but also sets a strong precedent for future advancements and community contributions.

In conclusion, Northeast Indiana Bancorp's fourth-quarter performance showcases its resilience and capability to thrive amid economic headwinds, a testament to its strategic leadership and community focus.