Northwest Indiana Bancorp Announces Unaudited Consolidated Earnings Results for Fourth Quarter and Full Year Ended Dec. 31, 2013
For the year, the company reported total interest income of $26,157,000, net interest income of $24,427,000, income before income taxes of $9,515,000, net income of $7,118,000 or $2.5 per basic and diluted share compared to the total interest income of $26,075,000, net interest income of $23,727,000, income before income taxes of $8,794,000, net income of $6,853,000 or $2.41 per basic and diluted share for the previous year. Return on equity was 10.17% compared to the 10.27% for the previous year. Return on assets was 1.03% compared to the 1.02% for the previous year. Book value per share as on December 31, 2013 was $23.50 compared to the $23.83 as on December 31, 2012.