NIDB fundamentals

Northeast Indiana Bancorp, Inc. is a holding company, which engages in the provision of commercial banking services. It offers an array of banking and financial advisory services to its customers through its subsidiaries. It operates through the following portfolio segments: Residential Mortgage, Commercial Mortgage, Construction and Land Development, Commercial and Industrial, and Consumer. The Residential Mortgage segment is involved in residential mortgage loans. The Commercial Mortgage segment is composed of cash flow loans and loans secured by real estate. The Construction and Land Development segment consists of loans based on estimates of costs and value associated with a complete project. The Commercial and Industrial segment covers identified cash flows and underlying collateral of the borrowers. The Consumer segment provides consumer personal loans which are secured by consumer personal assets, such as automobiles or recreational vehicles. The company was founded on March 1, 1995 and is headquartered in Huntington, IN.