Northeast Indiana Bancorp Declares $0.19 Dividend, Schedules April 28 Meeting

INCINC

Northeast Indiana Bancorp declared a $0.19 quarterly cash dividend payable February 26, 2026 to shareholders of record February 12, 2026, representing a 3.60% annualized yield. It scheduled its 31st annual meeting for April 28, 2026 (record date March 9) and reported a December 31, 2025 book value of $23.19.

1. Annual Meeting Scheduled for April 28, 2026

Northeast Indiana Bancorp, Inc. will hold its thirty-first annual shareholders’ meeting on April 28, 2026 at 1:00 PM local time in the boardroom of First Federal Savings Bank at 100 Frontage Road, Huntington, Indiana. Shareholders of record as of March 9, 2026 are entitled to vote on the election of directors, ratification of auditors and other corporate matters. This marks the third decade of annual meetings for the parent company of First Federal Savings Bank.

2. Quarterly Cash Dividend Declared

The Corporation declared a quarterly cash dividend of $0.19 per common share, payable February 26, 2026 to shareholders of record on February 12, 2026. This represents the ninth consecutive quarter of dividend payments at this level, underscoring the company’s commitment to returning capital to shareholders through stable distributions.

3. Capital Position and Valuation Metrics

As of December 31, 2025, book value per share stood at $23.19, compared with the last reported trade at the close of January 27, 2026 of $21.10. With 2,367,741 common shares outstanding, the annualized dividend yield based on the current quarterly payout equates to 3.60%. These metrics highlight a tangible equity cushion above prevailing market levels and a dividend yield competitive within the community banking sector.

4. Branch Network and Corporate Profile

Headquartered at 648 N. Jefferson Street in Huntington, Indiana, Northeast Indiana Bancorp operates nine full-service offices across Huntington, Warsaw, Fort Wayne and Roanoke. As the parent of First Federal Savings Bank, the company offers traditional deposit products, mortgage lending, trust services and brokerage through its Indiana network. The corporation trades on the OTCQB platform under the symbol “NIDB” and maintains an investor portal at www.firstfedindiana.bank.

Sources

PPP