HUNTINGTON, Ind., Jan. 28, 2015 /PRNewswire/ -- Northeast
Indiana Bancorp, Inc., (OTCQB: NIDB), the parent company of
First Federal Savings Bank, has announced that the Corporation will
hold its twentieth annual shareholders' meeting on April 28, 2015 at 1:00
PM local time. The meeting will be held in the
boardroom of First Federal Savings Bank at 100 Frontage Road,
Huntington Indiana. The holders of record date for the annual
meeting will be March 13, 2015.
The Company also announced a quarterly cash dividend of
$0.20 per common share. This
cash dividend will be payable on February
24, 2015 to common shareholders of record on February 10, 2015.
The book value of NIDB's stock was $25.35 per common share as of December 31, 2014. The last reported trade
of the Company's stock at the close of business on January 27, 2015 was $25.70 per common share and the number of
outstanding common shares was 1,199,879 as of the same date.
The annualized dividend yield is currently 3.1% when annualizing
the current quarter cash dividend of $0.20 per common share against the January 27, 2015 closing price of $25.70 per common share.
Northeast Indiana Bancorp, Inc. is headquartered at 648 N.
Jefferson Street, Huntington,
Indiana. The company offers a full array of banking and
financial brokerage services to its customers through its main
office in Huntington and five
full-service Indiana offices in
Huntington (2), Warsaw and Fort
Wayne(2). The Company is traded on the OTC Markets
Group, Inc. (www.otcmarkets.com) utilizing the OTCQB platform under
the symbol "NIDB". Our web site address is
www.firstfedindiana.com.
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SOURCE Northeast Indiana Bancorp, Inc.