SECURITIES AND EXCHANGE COMMISSION
                          WASHINGTON, D.C.  20549

                          _______________________


                                 FORM 8-K

                              CURRENT REPORT
                  PURSUANT TO SECTION 13 OR 15(d) OF THE
                      SECURITIES EXCHANGE ACT OF 1934


Date of report:  April 18, 2000



                         NORTHWEST INDIANA BANCORP
            (Exact Name of Registrant as Specified in Charter)


          Indiana                 0-26128               35-1927981
      (State or Other
       Jurisdiction             (Commission            (IRS Employer
     of Incorporation)         File Number)         Identification No.)



         9204 Columbia Avenue
           Munster, Indiana                  46321
         (Address of Principal
          Executive Offices)              (Zip Code)


Registrant's telephone number, including area code:  (219) 836-9690


Item 5.   Other Events.

     On  April  18,  2000, the Registrant's Board of Directors authorized a
stock repurchase program  relating  to the Registrant's Common Stock, which
is described in the following press release  which  was issued on April 19,
2000:

        "NORTHWEST INDIANA BANCORP COMPLETES SHARE REPURCHASE AND
                 INITIATES REPURCHASE OF ADDITIONAL SHARES


     Munster, Indiana - The NorthWest Indiana Bancorp,  the holding company
for  Peoples  Bank SB, announced today that the Bancorp had  completed  the
repurchase of 50,000  shares  or 1.8% of the outstanding common stock at an
average price of $21.40 per share.   The  repurchase  program  was begun in
August, 1999.

     The Bancorp also announced that the Board of Directors had  authorized
the  repurchase  of an additional 50,000 shares of common stock or 1.8%  of
the outstanding shares.

     "The Board continues  to  review  the Bancorp's stock as an attractive
investment at the current prices," said  David  A. Bochnowski, Chairman and
Chief Executive Officer.

     Under the stock repurchase plan the NorthWest  Indiana Bancorp will be
able  to  repurchase  shares of its outstanding common stock  in  the  open
market or in privately  negotiated  transactions  at  appropriate  times to
allow it to enhance earnings per share and manage its capital."


                                SIGNATURES

     Pursuant  to the requirements of the Securities Exchange Act of  1934,
the Registrant has  duly  caused  this report to be signed on its behalf by
the undersigned thereunto duly authorized.


                              NORTHWEST INDIANA BANCORP



                              By   /S/ EDWARD J. FURTICELLA
                                  Edward J. Furticella
                                  Vice President,
                                  Chief Financial Officer
                                  and Treasurer


Date:  April 19, 2000