Northeast Indiana Bancorp, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 15, 2021 at 06:55 pm
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Northeast Indiana Bancorp, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced net interest income was USD 3.433 million compared to USD 3.043 million a year ago. Net income was USD 1.927 million compared to USD 1.443 million a year ago. Basic earnings per share from continuing operations was USD 1.61 compared to USD 1.2 a year ago. For the half year, net interest income was USD 6.902 million compared to USD 5.872 million a year ago. Net income was USD 3.820 million compared to USD 2.476 million a year ago. Basic earnings per share from continuing operations was USD 3.19 compared to USD 2.06 a year ago.
Northeast Indiana Bancorp, Inc. is the holding company for First Federal Savings Bank (First Federal). First Federal offers a full array of banking and financial advisory services to its customers through three full-service locations in Huntington, Indiana, one full-service location in Warsaw, Indiana and two full-service locations in Fort Wayne, Indiana. The Bankâs personal banking includes checking, savings/certificate of deposits (CDs), health savings accounts, retirement accounts, direct deposit, credit cards, debit cards, checking, loans, safety deposit boxes and online banking. Its business banking includes business checking accounts, business debit cards, merchant services and cash management. Its financial services include investments, insurance, wealth management and corporate retirement accounts. Its subsidiaries include FFSB Portfolio Holdings, Inc. and FFSB Real Estate Holdings, Inc.