Northeast Indiana Bancorp Reports Third Quarter 2026 Earnings Growth
Northeast Indiana Bancorp, Inc. (NIDB) has reported a rise in net income for the third quarter of 2026, reaching $1.99 million ($0.85 per diluted common share), up from $1.79 million in the same period last year. This growth was supported by an increase in net interest income and higher non-interest income, despite a provision for credit loss expense of $120,000. The company's efficiency metrics also showed improvement, with return on average assets (ROA) rising to 1.45% and return on average equity (ROE) climbing to 14.11%. While total net loans saw a decrease of 6.0% compared to the end of 2025, deposits grew by 1.2%, reaching $459.5 million.
Tickers: $NIDB
Topics: earnings per share net income net interest income return on assets return on equity