Northeast Indiana Bancorp Inc
OTC:NIDB
Northeast Indiana Bancorp Inc
Northeast Indiana Bancorp, Inc. is a holding company, which engages in the provision of commercial banking services. The company is headquartered in Huntington, Indiana. The primary source of income for the Company is the origination of commercial and residential real estate loans in northeastern Indiana. Loans secured by real estate mortgages and are primarily secured by residential mortgages. The Company’s loan portfolio includes commercial mortgage, construction and land development and commercial and industrial. Commercial mortgage lending typically involves higher loan principal amounts, and the repayment of these loans is generally dependent on the operation of the property securing the loan or the business conducted on the property securing the loan. Construction loans are generally based on estimates of costs and value associated with the complete project. Residential mortgage loans that are secured by 1-4 family residences and are generally owner-occupied.
Northeast Indiana Bancorp, Inc. is a holding company, which engages in the provision of commercial banking services. The company is headquartered in Huntington, Indiana. The primary source of income for the Company is the origination of commercial and residential real estate loans in northeastern Indiana. Loans secured by real estate mortgages and are primarily secured by residential mortgages. The Company’s loan portfolio includes commercial mortgage, construction and land development and commercial and industrial. Commercial mortgage lending typically involves higher loan principal amounts, and the repayment of these loans is generally dependent on the operation of the property securing the loan or the business conducted on the property securing the loan. Construction loans are generally based on estimates of costs and value associated with the complete project. Residential mortgage loans that are secured by 1-4 family residences and are generally owner-occupied.
