IROQ · As filed with the SEC
IF Bancorp income statement, by fiscal year
The statement as IF Bancorp presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
Consolidated Statements of Income · USD, except per-share amounts
| USD, except per-share amounts | FY2025 Year ended Jun 30, 2025 | FY2024 Year ended Jun 30, 2024 | FY2023 Year ended Jun 30, 2023 | FY2022 Year ended Jun 30, 2022 |
|---|---|---|---|---|
| Interest Income | ||||
| Interest and fees on loans | 37,628,000 | 34,826,000 | 26,106,000 | 20,195,000 |
| Securities | ||||
| Taxable | 5,035,000 | 5,445,000 | 5,359,000 | 4,296,000 |
| Tax-exempt | 89,000 | 97,000 | 106,000 | 51,000 |
| Federal Home Loan Bank dividends | 457,000 | 378,000 | 198,000 | 120,000 |
| Deposits with financial institutions | 208,000 | 238,000 | 303,000 | 130,000 |
| Total interest and dividend income | 43,417,000 | 40,984,000 | 32,072,000 | 24,792,000 |
| Interest Expense | ||||
| Deposits | 17,865,000 | 17,653,000 | 7,997,000 | 2,068,000 |
| Federal Home Loan Bank advances and repurchase agreements | 4,211,000 | 4,752,000 | 2,062,000 | 382,000 |
| Line of credit and other borrowings | — | 850,000 | 16,000 | 79,000 |
| Total interest expense | — | 23,255,000 | 10,075,000 | 2,529,000 |
| Line of credit and other borrowings | 527,000 | — | — | — |
| Total interest expense | 22,603,000 | — | — | — |
| Net Interest Income | 20,814,000 | 17,729,000 | 21,997,000 | 22,263,000 |
| Provision (Credit) for Credit Losses | — | — | (228,000) | 492,000 |
| Provision (Credit) for Credit Losses | (701,000) | 32,000 | — | — |
| Net Interest Income After Provision (Credit) for Credit Losses | 21,515,000 | 17,697,000 | 22,225,000 | 21,771,000 |
| Noninterest Income | ||||
| Customer Service Fees | 481,000 | 416,000 | 380,000 | 347,000 |
| Other Service Charges and Fees | 256,000 | 258,000 | 248,000 | 314,000 |
| Insurance commissions | 867,000 | 745,000 | 651,000 | 692,000 |
| Brokerage commissions | 720,000 | 650,000 | 773,000 | 1,131,000 |
| Net realized losses on sale of available-for-sale securities | — | — | (171,000) | (275,000) |
| Mortgage banking income, net | — | — | 360,000 | 797,000 |
| Net realized losses on sale of available-for-sale securities | (71,000) | 0 | — | — |
| Mortgage banking income, net | 274,000 | 338,000 | — | — |
| Gain on sale of loans | 295,000 | 266,000 | 172,000 | 515,000 |
| Bank-owned life insurance income, net | 458,000 | 506,000 | 388,000 | 488,000 |
| Other | 1,664,000 | 1,207,000 | 1,268,000 | 1,495,000 |
| Total noninterest income | 4,944,000 | 4,386,000 | 4,069,000 | 5,504,000 |
| Noninterest Expense | ||||
| Compensation and benefits | 13,204,000 | 12,012,000 | 12,712,000 | 13,051,000 |
| Office occupancy | 1,071,000 | 1,036,000 | 1,006,000 | 951,000 |
| Equipment | 2,287,000 | 2,185,000 | 2,499,000 | 1,994,000 |
| Federal deposit insurance | 476,000 | 574,000 | 333,000 | 197,000 |
| Stationary, printing and office | 98,000 | 58,000 | 99,000 | 71,000 |
| Advertising | 382,000 | 409,000 | 538,000 | 404,000 |
| Professional services | 520,000 | 426,000 | 459,000 | 398,000 |
| Supervisory examination | 115,000 | 101,000 | 173,000 | 162,000 |
| Audit and accounting services | 189,000 | 175,000 | 182,000 | 142,000 |
| Organizational dues and subscriptions | 56,000 | 55,000 | 56,000 | 52,000 |
| Insurance bond premiums | 253,000 | 235,000 | 206,000 | 187,000 |
| Telephone and postage | 169,000 | 157,000 | 163,000 | 160,000 |
| Loss (gain) on sale of foreclosed assets | (8,000) | 1,000 | (28,000) | 6,000 |
| Other | 1,730,000 | 2,304,000 | 1,636,000 | 1,673,000 |
| Total noninterest expense | 20,542,000 | 19,728,000 | 20,034,000 | 19,448,000 |
| Income Before Income Tax | 5,917,000 | 2,355,000 | 6,260,000 | 7,827,000 |
| Provision for Income Taxes | 1,613,000 | 565,000 | 1,600,000 | 2,043,000 |
| Net Income | 4,304,000 | 1,790,000 | 4,660,000 | 5,784,000 |
| Earnings Per Share: | ||||
| Basic | 1.37 | 0.57 | 1.50 | 1.88 |
| Diluted | 1.37 | 0.57 | 1.46 | 1.84 |
| Dividends Paid Per Share | 0.40 | 0.40 | 0.40 | 0.35 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.