NORTHEAST INDIANA BANCORP INC
8-K, 1997-10-29
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)
                                October 28, 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
October 28, 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 October 28, 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: October 28, 1997              By:    /s/Stephen E.Zahn
                                           -----------------
                                           Stephen E. Zahn
                                           President and Chief Executive Officer



 



                                  Exhibit 28.1

<PAGE>
                                                FOR IMMEDIATE RELEASE
                                                OCTOBER 28, 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 $0.085 per share for the  quarter  ended  September  30,
1997. This is the ninth consecutive  quarterly  dividend the board has approved.
The $0.085 per share is a 5.88% increase over the quarterly dividends previously
paid.  The  dividend  will be payable on November  21, 1997 to  shareholders  of
record on November 10, 1997.


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