NORTHEAST INDIANA BANCORP, INC. ANNOUNCES FIRST QUARTER 2024 EARNINGS [Yahoo! Finance]
Northeast Indiana Bancorp, Inc. (NIDB)
NASDAQ:AMEX Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=98046&p=irol-irhome
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Source: Yahoo! Finance
announced net income of per diluted common share) for the first quarter ended March 31, 2024 compared to earnings from the quarter ended March 31, 2023 of $1.17 million per diluted common share). The current three months earnings equate to an annualized return on average assets (ROA) of 0.57% and a return on average equity (ROE) of 6.26% compared to an ROA of 1.04% and an ROE of 10.75% for the prior year quarter ended March 31, 2023 Total assets increased $10.7 million , or 8.6% on an annualized basis, to $509.4 million at March 31, 2024 compared to total assets of $498.7 million at December 31 , 2023. Total loans increased $8.7 million , or 9.4% on an annualized basis, to $379.3 million at March 31, 2024 compared to total loans of $370.7 million at December 31 , 2023. Total deposits increased $2.3 million , or 2.3% on an annualized basis, to $403.4 million at March 31, 2024 compared to $401.1 million at December 31 Shareholders' equity decreased to $46.3 million at March 31, 2024
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- NORTHEAST INDIANA BANCORP, INC. ANNOUNCES CASH DIVIDEND AND HOLDS TWENTY NINTH ANNUAL SHAREHOLDER MEETING [Yahoo! Finance]Yahoo! Finance
- NORTHEAST INDIANA BANCORP, INC. ANNOUNCES CASH DIVIDEND AND HOLDS TWENTY NINTH ANNUAL SHAREHOLDER MEETINGPR Newswire
- NORTHEAST INDIANA BANCORP, INC. ANNOUNCES FIRST QUARTER 2024 EARNINGSPR Newswire