NORTHEAST INDIANA BANCORP INC
8-K, 1997-07-25
SAVINGS INSTITUTION, FEDERALLY CHARTERED
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                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549


                                    FORM 8-K


                                 CURRENT REPORT



                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934



                Date of Report (Date of earliest event reported)
                                  July 25, 1997



                         NORTHEAST INDIANA BANCORP, INC.
             (Exact name of Registrant as specified in its Charter)



     Delaware                       0-26012                        35-1948594
- --------------------------------------------------------------------------------
  (State or other            (Commission File Number)            (IRS Employer
  jurisdiction of                                                Identification
  incorporation)                                                    Number)



             648 North Jefferson Street, Huntington, Indiana 46750
- --------------------------------------------------------------------------------
              (Address of principal executive offices) (Zip Code)


                                 (219) 356-3311
- --------------------------------------------------------------------------------
               Registrant's telephone number, including area code


                                       N/A
- --------------------------------------------------------------------------------
         (Former name or former address, if changed since last report)

<PAGE>
Item 5.  Other Events

Northeast Indiana Bancorp,  Inc. (the "Registrant") issued a press release dated
July 25,  1997,  attached  hereto as  Exhibit  28.1  announcing  QUARTERLY  CASH
DIVIDEND.

Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits

         (c)      Exhibits

                       Exhibit  28.1 Press  Release  dated July 25, 1997.

<PAGE>


                                   SIGNATURES


Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
Registrant  has duly  caused  this  Report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.



                                            NORTHEAST INDIANA BANCORP, INC.



Date: July 25, 1997                 By:    /s/Stephen E. Zahn
                                           ------------------
                                           Stephen E. Zahn
                                           President and Chief Executive Officer



 


















                                  Exhibit 28.1

<PAGE>
                                                 FOR IMMEDIATE RELEASE
                                                 JULY 25, 1997
                                                 FOR ADDITIONAL INFORMATION
                                                 CONTACT: DARRELL E. BLOCKER
                                                          SR VICE PRESIDENT, CFO
                                                          (219) 356-3311



                         NORTHEAST INDIANA BANCORP, INC.
                        ANNOUNCES QUARTERLY CASH DIVIDEND

HUNTINGTON,  INDIANA,  -- Northeast  Indiana Bancorp,  Inc.  (NEIB),  the parent
company of First Federal Savings Bank, has announced that the  Corporation  will
pay a cash dividend of $0.08 per share for the quarter ended June 30, 1997. This
is the  eighth  consecutive  quarterly  dividend  the  board has  approved.  The
dividend will be payable August 18, 1997 to  shareholders of record on August 4,
1997.

First Federal Savings Bank primarily serves Huntington  County,  Indiana through
its three full service offices located in Huntington, Indiana.

The  Company's  stock is traded on the Nasdaq  National  Market under the symbol
"NEIB".


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