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)
March 12, 1997
NORTHEAST INDIANA BANCORP, INC.
(Exact name of Registrant as specified in its Charter)
Delaware 0-26012 35-1948594
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(State or other (Commission File Number) (IRS Employer
jurisdiction of Identification
incorporation) Number)
648 North Jefferson Street, Huntington, Indiana 46750
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(Address of principal executive offices) (Zip Code)
(219) 356-3311
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Registrant's telephone number, including area code
N/A
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(Former name or former address, if changed since last report)
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Item 5. Other Events
Northeast Indiana Bancorp, Inc. (the "Registrant") issued a press release dated
March 12, 1997, attached hereto as Exhibit 28.1 announcing Completion of Stock
Repurchase Program.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(c) Exhibits
Exhibit 28.1 Press Release dated March 12, 1997.
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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: March 12, 1997 By: /s/Stephen E. Zahn
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Stephen E. Zahn
President and Chief Executive Officer
Exhibit 28.1
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FOR IMMEDIATE RELEASE
MARCH 12, 1997
FOR ADDITIONAL INFORMATION
CONTACT: DARRELL E. BLOCKER
SR VICE PRESIDENT, CFO
(219) 356-3311
NORTHEAST INDIANA BANCORP, INC.
ANNOUNCES COMPLETION OF STOCK REPURCHASE PROGRAM
HUNTINGTON, INDIANA, -- Stephen E. Zahn, President and Chief Executive Officer
of Northeast Indiana Bancorp, Inc. (the "Company"), has announced the completion
of its fourth stock repurchase program, including the repurchase of shares to
fund the Company's Recognition and Retention Plan (RRP). The Company on
September 16, 1996 announced its intention to repurchase in the open market up
to 10% or 196,859 shares of its common stock. Today, the Company announces the
completion of this repurchase program, repurchasing a total of 196,859 shares of
common stock at an average price of $13.47 per share. With the completion of
this repurchase program the Company has 1,762,727 share outstanding.
Northeast Indiana Bancorp, Inc. is the holding company for First Federal Savings
Bank with three offices located in Huntington, Indiana. The Company issued
2,182,125 shares in its initial offering completed June 27, 1995, in conjunction
with the conversion of the Bank from a federally chartered mutual to a stock
savings bank.
The Company's stock is trade on the Nasdaq National Market under the symbol
"NEIB".
