UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1 )*
Northeast Indiana Bancorp, Inc.
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(Name of Issuer)
Common Stock $0.01 Par Value
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(Title of Class of Securities)
664196102
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(Cusip Number)
December 31, 1999
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[x] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
* The remainder of this cover page shall be filled out for a reporting person's
initial filing of this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes.)
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CUSIP NO. 664196102 Page 2 of 8 Pages
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1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Northeast Indiana Bancorp, Inc. Employee Stock
Ownership Plan
IRS ID. No 37-1344113
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [x]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
The Plan Trust was formed under the laws of the State of Indiana
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5. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH SOLE
VOTING POWER
123,217
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6. NUMBER OF SHARE BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH SHARED
VOTING POWER
87,708
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7. NUMBER OF SHARE BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH SOLE
DISPOSITIVE POWER
123,217
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8. NUMBER OF SHARE BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH SHARED
DISPOSITIVE POWER
87,708
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
210,925
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[ ]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
12.20%
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12. TYPE OF REPORTING PERSON*
EP
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CUSIP NO. 664196102 Page 3 of 8 Pages
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1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
First Federal Savings Bank (Trustee for the Northeast Bancorp, Inc. Employee
Stock Ownership Plan)
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [x]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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5. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH SOLE
VOTING POWER
123,217
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6. NUMBER OF SHARE BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH SHARED
VOTING POWER
87,708
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7. NUMBER OF SHARE BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH SOLE
DISPOSITIVE POWER
123,217
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8. NUMBER OF SHARE BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH SHARED
DISPOSITIVE POWER
87,708
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
210,925
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[ ]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
12.20%
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12. TYPE OF REPORTING PERSON*
BK
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CUSIP NO. 664196102 Page 4 of 8 Pages
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SCHEDULE 13G
Item 1 (a): Name of Issuer:
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Northeast Indiana Bancorp, Inc. (the "Corporation")
Item 1 (b): Address of Issuer's Principal Executive Offices:
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648 North Jefferson Street
Huntington, Indiana 46750
Item 2 (a): Name of Person Filing:
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Northeast Indiana Bancorp, Inc. Employee Stock
Ownership Plan (the "ESOP")
First Federal Savings Bank, (the "Trustee"), the trustee of the
ESOP. The Trustee may also be deemed to beneficially own the
shares held by the ESOP.
Item 2 (b): Address of Principal Business Office:
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The business address of the ESOP is:
648 North Jefferson Street
Huntington, IN 46750
The business address of the Trustee is:
648 North Jefferson Street
Huntington, IN 46750
Item 2 (c): Citizenship:
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The ESOP trust was formed under the laws of the state of Indiana.
The Trustee is a federally chartered savings and loan bank
organized under the laws of the United States.
Item 2 (d): Title of Class of Securities:
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Common Stock, $.01 par value (the "Common Stock")
Item 2 (e): Cusip Number:
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664196102
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CUSIP NO. 664196102 Page 5 of 8 Pages
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Item 3: Type of Reporting Person:
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If this statement is filed pursuant to Sections 240.13d-1(b) or
240.13d-2(b) or (c), check whether the person filing is a:
(a)[ ] Broker or dealer registered under Section 15 of the Act (15
U.S.C. 78o).
(b)[ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c)[ ] Insurance company as defined in section 3(a)(19) of the Act
(15 U.S.C. 78c).
(d)[ ] Investment company registered under section 8 of the Investment
Company Act of 1940 (15 U.S.C 80a-8).
(e)[ ] An investment adviser in accordance with Section 240.13d-
1(b)(1)(ii)(E);
(f)[x] An employee benefit plan or endowment fund in accordance with
Section 240.13d-1(b)(1)(ii)(F);
(g)[ ] A parent holding company or control person in accordance with
Section 240.13d-1(b)(1)(ii)(G);
(h)[ ] A savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)[ ] A church plan that is excluded from the definition of an investment
company under section 3(c)(14) of the Investment Company Act of 1940
(15 U.S.C. 80a-3);
(j)[ ] Group, in accordance with Section 240.13d-1(b)(1)(ii)(J).
If this statement is filed pursuant to Section 240.13d-1(c),
check this box [ ].
Item 4: Ownership:
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The ESOP holds an aggregate of 210,925 shares of Common Stock
(12.20% of the outstanding shares). The ESOP has sole voting and
dispositive power with respect to 123,217 shares held by it which
have not been allocated to participant accounts. The number of
shares allocated to participant accounts as of December 31, 1999
was 87,708.
The Trustee may be deemed to beneficially own the 210,925 shares
held by the ESOP. However, the Trustee expressly disclaims
beneficial ownership of all of such shares. Other than the shares
held by the ESOP, the Trustee does not beneficially own any
shares of Common Stock.
Pursuant to the ESOP, participants in the ESOP are entitled to
instruct the Trustee as to the voting of the shares allocated to
their ESOP accounts. On each issue with respect to which
shareholders are entitled to vote, the Trustee must vote the
shares held by the
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CUSIP NO. 664196102 Page 6 of 8 Pages
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ESOP which have not been allocated to participant accounts in the
same proportion as the participants who directed the Trustee as
to the voting of the shares allocated to their accounts.
(a) Amount beneficially owned:
210,925
(b) Percent of class:
12.20%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote
123,217
(ii) Shared power to vote or to direct the vote
87,708
(iii) Sole power to dispose or to direct the disposition of
123,217
(iv) Shared power to dispose or to direct the disposition of
87,708
Item 5. Ownership of Five Percent or Less of a Class:
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If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following [ ].
Item 6. Ownership of More Than Five Percent on Behalf of Another Person:
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Not Applicable
Item 7. Identification and Classification of the Subsidiary which Acquired
the Security being Reported on by the Parent Holding Company:
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Not Applicable
Item 8. Identification and Classification of Members of the Group:
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Not Applicable
Item 9. Notice of Dissolution of Group:
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Not Applicable
Item 10. Certification:
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CUSIP NO. 664196102 Page 7 of 8 Pages
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By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were not acquired and held in the ordinary course
of business and are not held for the purpose of or with the effect of changing
or influencing the control of the issuer of the securities and were not acquired
and are not held in connection with or as a participant in any transaction
having that purpose or effect.
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete, and
correct.
NORTHEAST INDIANA BANCORP, INC.
EMPLOYEE STOCK OWNERSHIP PLAN
Date: May 4, 2000 By: /s/ Joseph A. Byers
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Name/Title: Joseph A. Byers
Trustee
Date: May 4, 2000 FIRST FEDERAL SAVINGS BANK
By: /s/ Darrell Blocker
-------------------
Name/Title: Darrell Blocker
Chief Financial Officer
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CUSIP NO. 664196102 Page 8 of 8 Pages
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May 4, 2000
Northeast Indiana Bancorp, Inc.
Employee Stock Ownership Plan
648 North Jefferson Street
Huntington, IN 46750
Dear Sir/Madam:
This letter hereby confirms the agreement and understanding between you and
the undersigned that the Schedule 13G being filed with the Securities and
Exchange Commission on or about this date is being filed on behalf of each of
us.
Sincerely,
FIRST FEDERAL SAVINGS BANK
By: /s/ Darrell Blocker
---------------------------------
Name: Darrell Blocker
Title: Chief Financial Officer
NORTHEAST INDIANA BANCORP, INC.
EMPLOYEE STOCK OWNERSHIP PLAN
By: /s/ Joseph A. Byers
--------------------------------
Name: Joseph A. Byers
Title: Trust Officer
Page 8 of 8 Pages
