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re NIDB: 12/09 book $18.66; 9/09 book $18.60

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Knowledge is King Member Level  Wednesday, 01/27/10 12:56:16 PM
Re: 10 bagger post# 317
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re NIDB: 12/09 book $18.66; 9/09 book $18.60


...they only made EPS of only about $.06 in Q4????



(COMTEX) B: Northeast Indiana Bancorp, Inc. Announces Fifteenth Annual Sha
reholder Meeting Date and Quarterly Cash Dividend ( PR
B: Northeast Indiana Bancorp, Inc. Announces Fifteenth Annual Shareholder Meetin
g Date and Quarterly Cash Dividend ( PR Newswire )

HUNTINGTON, Ind., Jan 27, 2010 /PRNewswire via COMTEX/ --
Northeast Indiana Bancorp, Inc., (OTC Bulletin Board: NIDB), the parent
company of First Federal Savings Bank, has announced that the Corporation
will hold its fifteenth annual shareholders' meeting on April 27, 2010 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 16, 2010.

The Company also announced a quarterly cash dividend of $0.17 per common
share. This cash dividend will be payable on February 23, 2010 to common
shareholders of record on February 9, 2010.

The book value of NIDB's stock was $18.66 per common share as of December
31, 2009. The last reported trade of the Company's stock at the close of
business on January 26, 2010 was $9.99 per common share and the number of
outstanding common shares was 1,230,670 as of the same date. The annualized
dividend yield is currently 6.8% when annualizing the current quarter cash
dividend of $0.17 per common share against the January 26, 2010 closing price
of $9.99 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 four full-service Indiana offices in Huntington (2), Warsaw
and Fort Wayne. The Company is traded on the Over the Counter Bulletin Board
under the symbol "NIDB". Our web site address is www.firstfedindiana.com.

SOURCE Northeast Indiana Bancorp, Inc.
Copyright (C) 2010 PR Newswire. All rights reserved
*** end of story ***


Not everything that can be counted counts, and not everything that counts can be counted.
----Albert Einstein
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