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Home > Company Index > Banking > Banking - Midwest > Northeast Indiana Bancorp, Inc.

Northeast Indiana Bancorp, Inc.
Nasdaq: NEIB
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 PROFILE
Northeast Indiana Bancorp is the holding company for First Federal Savings Bank, which operates three branches in Huntington in rural northeastern Indiana. First Federal offers checking, savings, NOW, and money market accounts as well as certificates of deposit. Residential mortgages account for more than half of the bank's loan portfolio; other real estate loans (multifamily, commercial, and construction) account for almost 20%. The bank also offers automobile and commercial loans. The bank invests mostly in federal obligations and mortgage-backed securities. The bank also provides trust services and operates a brokerage services subsidiary, Northeast Indiana Financial.

 COMPETITION
Lakeland Financial Corporation (LKFN)
National City Corporation (NCC)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 20.60
1-Yr. Sales Growth: 10.8%
Employees: 52
Revenue per employee: $396,153.85

 KEY PEOPLE
• Stephen E. Zahn
    CEO
• Darrell E. Blocker
    CFO

 CONTACT INFO
648 N. Jefferson St.
Huntington, IN 46750
US
Phone: 219-356-3311
Fax: 219-358-0036
Online: Web Site

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