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Northeast Indiana Bancorp (Northeast Indiana Bancorp) Retained Earnings : $45.59 Mil (As of Dec. 2023)


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What is Northeast Indiana Bancorp Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Northeast Indiana Bancorp's retained earnings for the quarter that ended in Dec. 2023 was $45.59 Mil.

Northeast Indiana Bancorp's quarterly retained earnings increased from Dec. 2021 ($40.34 Mil) to Dec. 2022 ($43.91 Mil) and increased from Dec. 2022 ($43.91 Mil) to Dec. 2023 ($45.59 Mil).

Northeast Indiana Bancorp's annual retained earnings increased from Dec. 2021 ($40.34 Mil) to Dec. 2022 ($43.91 Mil) and increased from Dec. 2022 ($43.91 Mil) to Dec. 2023 ($45.59 Mil).


Northeast Indiana Bancorp Retained Earnings Historical Data

The historical data trend for Northeast Indiana Bancorp's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Northeast Indiana Bancorp Retained Earnings Chart

Northeast Indiana Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.88 35.93 40.34 43.91 45.59

Northeast Indiana Bancorp Semi-Annual Data
Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.88 35.93 40.34 43.91 45.59

Northeast Indiana Bancorp Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Northeast Indiana Bancorp  (OTCPK:NIDB) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Northeast Indiana Bancorp (Northeast Indiana Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
648 North Jefferson Street, P.O. Box 70, Huntington, IN, USA, 46750
Northeast Indiana Bancorp Inc is a part of the financial services domain. It acts as the holding company for First Federal Savings Bank, which provides commercial and residential real estate loans in the United States. The bank functions through the Residential Mortgage, Commercial Mortgage, Construction and land development, Commercial and Industrial, and Consumer Mortgage segments. The Commercial Mortgage segment accounts for a share of the company revenues. It provides services such as checking, commercial loans, credit cards, merchant services and cash management.
Executives
Dan L Stephan director
Randy J Sizemore officer: Senior Vice President P O BOX 70, HUNTINGTON IN 46750
Michael S Zahn director, officer: Senior Vice President 708 APPLEBY COURT, HUNTINGTON IN 46750
Thomas P Frantz officer: Senior Vice President 648 N JEFFERSON STREET, HUNTINGTON IN 46750
Randall C Rider director
J David Carnes director
Dee Ann Hammel officer: Senior Vice President 3102 ALSTON CT, HUNTINGTON IN 46750
Stephen E Zahn director, 10 percent owner, officer: Chairman, President & CEO 648 NORTH JEFFERSON STREET, HUNTINGTON IN 46750
William A Zimmer director