Northeast Indiana Bancorp Declares $0.19 Dividend; Prosperity Bancshares Q1 EPS $1.16
Northeast Indiana Bancorp will pay a cash dividend of $0.19 per share following its 31st annual shareholder meeting on April 29, 2026. Prosperity Bancshares reported Q1 net income of $116.3 million with diluted EPS of $1.16 ($1.50 excluding $42.5M of merger costs), while deposits rose 14.6% and loans climbed 16.4%.
1. Dividend Declaration and Annual Meeting
Northeast Indiana Bancorp announced a cash dividend of $0.19 per common share and convened its thirty-first annual shareholder meeting on April 29, 2026. The board cited strong capital ratios and consistent profitability as the basis for this distribution to shareholders.
2. Prosperity Bancshares Q1 Earnings and Growth
Prosperity Bancshares reported net income of $116.3 million for the quarter ended March 31, 2026, with diluted earnings per share of $1.16; excluding $42.5 million of merger‐related expenses, EPS rose to $1.50. The bank’s net interest margin expanded to 3.51%, loans grew by $3.354 billion (16.4%) and deposits by $4.150 billion (14.6%), nonperforming assets remained low at 0.33%, the core system conversion was completed, and regulatory approval was secured for the pending Stellar Bancorp merger.