Northeast Indiana Bancorp Reports Q2 Earnings for 2026
Northeast Indiana Bancorp (OTCQB: NIDB) reported second-quarter net income of $1.87 million, or $0.80 per diluted share, for the quarter ended June 30, 2026, up from $1.64 million in Q2 2025. The company's return on average assets (ROA) and return on equity (ROE) were slightly higher at 1.34% and 13.36%, respectively, compared to the prior year period. Net interest income increased by $507,000 in Q2 2026 over the same quarter of 2025. For the six months ended June 30, 2026, net income was $3.5 million ($1.48 per diluted share), compared to $2.7 million for the first half of 2025. Total assets declined by $5.4 million year-over-year, while total deposits rose slightly by $2 million on an annualized basis. Shareholders' equity increased by $1.8 million during this period. The company operates nine full-service banking locations in Indiana and provides a range of financial services through its subsidiary, First Federal Savings Bank.
Topics: financial performance net income return on assets (ROA) return on equity (ROE)