MUNSTER – NorthWest Indiana Bancorp, the parent company for Peoples Bank, has announced net income for the third quarter more than doubled from $1.1 million to $2.3 million. The increase was attributed to income from loans and foreclosed real estate sales.
Chairman and CEO David Bochnowski said the region’s economy is improving, leading more people and businesses to seek loans through the bank.
Peoples Bank has branch operations in Lake, Porter and LaPorte counties.
