Northeast Indiana Bancorp, Inc. Announces Cash Dividend and Holds Ninth Annual Shareholder Meeting

Share Name	Share Symbol	Market	Type
Northeast Indiana Bancorp (MM)	NASDAQ:NEIB	NASDAQ	Common Stock

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Northeast Indiana Bancorp (MM)

NASDAQ:NEIB

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Northeast Indiana Bancorp, Inc. Announces Cash Dividend and Holds Ninth Annual Shareholder Meeting

22/04/2004 4:52pm

PR Newswire (US)

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Northeast Indiana Bancorp, Inc. Announces Cash Dividend and Holds Ninth Annual Shareholder Meeting HUNTINGTON, Ind., April 22 /PRNewswire-FirstCall/ -- Northeast Indiana Bancorp, Inc., (NEIB), the parent company of First Federal Savings Bank, has announced that the Corporation will pay a cash dividend of $0.14 per common share. The dividend will be payable on May 19, 2004 to shareholders of record on May 05, 2004. NEIB held its ninth annual shareholders' meeting April 21, 2004. The shareholders selected Stephen E. Zahn and Dan L. Stephan as directors of NEIB for terms to expire in 2007. The ratification of Crowe, Chizek and Company LLC as external auditors for the year ended December 31, 2004 was also approved by the shareholders. The book value of NEIB's stock was $18.35 per common share as of March 31, 2004. The last reported trade of stock at the close of business on April 21, 2004 was $21.50 per common share and the number of outstanding shares was 1,492,457 as of the same date. Northeast Indiana Bancorp, Inc. is headquartered at 648 North Jefferson Street, Huntington, Indiana. The Company offers a full array of banking, trust, and financial brokerage services to its customers through three full service branches in Huntington, Indiana. The Company is traded on The NASDAQ Stock Market under the symbol "NEIB". DATASOURCE: Northeast Indiana Bancorp, Inc. CONTACT: Randy J Sizemore, Senior Vice President, CFO of Northeast Indiana Bancorp, Inc., +1-260-358-4680 Web site: http://www.firstfedhuntington.com/

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NEIB Northeast Indiana Bancorp (MM)