On February 26, 2016, NorthWest Indiana Bancorp (the Bancorp) announced that David A. Bochnowski intends to retire as Chief Executive Officer of both the Bancorp and Peoples Bank SB (the Bank), effective April 28, 2016. The Board of Directors of the Bancorp announced that Benjamin J. Bochnowski, the current President and Chief Operating Officer of the Bancorp and the Bank, will assume the position of Chief Executive Officer of the Bancorp and the Bank upon David Bochnowski's retirement as Chief Executive Officer on April 28, 2016.