Friday, February 10, 2012

Northeast Indiana Bancorp, Inc. Announces Record Quarterly Earnings and Full Year 2011 Earnings

HUNTINGTON, Ind., Feb. 10, 2012 /PRNewswire/ -- Northeast Indiana Bancorp, Inc., (OTCQB:  NIDB), the parent company of First Federal Savings Bank, today announced record quarterly earnings for the three months ended December 31, 2011 of $743,000 ($0.60 per diluted common share).  This is an increase of $213,000 or 40.2% compared to net income of $530,000 ($0.43 per diluted common share) for the three months ended December 31, 2010.  The current quarter's earnings equates to an annualize...continued
     

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