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Northwest Indiana Bancorp, ticker symbol NWIN, is a publicly traded company based in Indiana, USA. It is a holding company for Northeastern Bank, which provides a range of financial services to individuals and businesses in Northwest Indiana.
As of 2021, Northwest Indiana Bancorp has reported solid financial performance with steady growth in earnings and assets. The company's net income for the nine months ended September 30, 2021, was $12.2 million, representing an increase of 25.3% compared to the same period in 2020. Additionally, the company's total assets have grown to $1.7 billion, an increase of 11.1% from the previous year.
Northwest Indiana Bancorp has also demonstrated strong growth in its loan portfolio, with total loans outstanding increasing by 9.8% in the nine months ended September 30, 2021, compared to the same period in 2020. The company's net interest margin has also remained stable, indicating that the company's lending activities are generating consistent returns.
The company's earnings per share (EPS) have also trended upward in recent years, with the EPS for the nine months ended September 30, 2021, reaching $1.59, representing an increase of 19.4% compared to the same period in 2020. This growth in EPS reflects the company's strong financial performance and its ability to generate profits for its shareholders.
Overall, Northwest Indiana Bancorp appears to be a financially sound company with solid growth prospects. Its steady earnings growth and asset expansion indicate a positive outlook for the company's future performance. However, as with any investment, potential investors should conduct their own research and due diligence before making investment decisions.