IROQ · As filed with the SEC
IF Bancorp balance sheet, 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 Balance Sheets · USD
| USD | FY2025 Jun 30, 2025 | FY2024 Jun 30, 2024 | FY2023 Jun 30, 2023 | FY2022 Jun 30, 2022 | FY2021 Jun 30, 2021 | FY2020 Jun 30, 2020 | FY2019 Jun 30, 2019 | FY2018 Jun 30, 2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash and due from banks | 18,703,000 | 9,276,000 | 10,717,000 | 74,494,000 | 60,785,000 | 31,529,000 | 57,994,000 | 4,240,000 |
| Interest-bearing demand deposits | 1,389,000 | 295,000 | 271,000 | 1,317,000 | 1,950,000 | 1,938,000 | 1,606,000 | 514,000 |
| Cash and cash equivalents | 20,092,000 | 9,571,000 | 10,988,000 | 75,811,000 | 62,735,000 | 33,467,000 | 59,600,000 | 4,754,000 |
| Interest-bearing time deposits in banks | 250,000 | 250,000 | 1,250,000 | 1,500,000 | 2,250,000 | 3,000,000 | 3,000,000 | 1,750,000 |
| Available-for-sale securities | — | — | — | — | 189,891,000 | 162,394,000 | 146,291,000 | 125,996,000 |
| Available-for-sale securities | 187,753,000 | 190,475,000 | 201,299,000 | 220,906,000 | — | — | — | — |
| Loans, net of allowance for credit losses of $7,139 and $7,052 at June 30, 2023 and 2022, respectively | — | — | 587,457,000 | 518,931,000 | 513,371,000 | 509,817,000 | 487,774,000 | 476,480,000 |
| Loans, net of allowance for credit losses of $6,627 and $7,499 at June 30, 2025 and 2024, respectively | 633,603,000 | 639,297,000 | — | — | — | — | — | — |
| Premises and equipment, net of accumulated depreciation of $9,503 and $9,196 at June 30, 2025 and 2024, respectively | 10,201,000 | 10,580,000 | 11,092,000 | 9,505,000 | 9,793,000 | 10,193,000 | 10,706,000 | 10,226,000 |
| Federal Home Loan Bank stock, at cost | 5,174,000 | 4,499,000 | 3,127,000 | 3,142,000 | 4,198,000 | 3,028,000 | 1,174,000 | 3,285,000 |
| Foreclosed assets held for sale | 165,000 | 0 | 31,000 | 120,000 | 259,000 | 386,000 | 778,000 | 219,000 |
| Accrued interest receivable | 3,545,000 | 3,457,000 | 2,781,000 | 2,023,000 | 1,897,000 | 1,908,000 | 2,142,000 | 1,821,000 |
| Bank-owned life insurance | 15,348,000 | 14,892,000 | 14,761,000 | 14,373,000 | 9,339,000 | 9,345,000 | 9,072,000 | 8,803,000 |
| Mortgage servicing rights | 1,429,000 | 1,491,000 | 1,482,000 | 1,463,000 | 1,013,000 | 715,000 | 853,000 | 866,000 |
| Deferred income taxes | — | — | — | — | — | — | 2,066,000 | 4,003,000 |
| Deferred income taxes | 8,656,000 | 10,483,000 | 11,037,000 | 9,166,000 | 1,697,000 | 630,000 | — | — |
| Other | 1,443,000 | 2,750,000 | 3,671,000 | 618,000 | 898,000 | 634,000 | 414,000 | 720,000 |
| Total assets | 887,659,000 | 887,745,000 | 848,976,000 | 857,558,000 | 797,341,000 | 735,517,000 | 723,870,000 | 638,923,000 |
| Liabilities and Stockholders' Equity | ||||||||
| Liabilities | ||||||||
| Deposits | ||||||||
| Demand | 104,428,000 | 103,314,000 | 107,567,000 | 104,944,000 | 96,923,000 | 87,486,000 | 80,442,000 | 21,350,000 |
| Savings, NOW and money market | 303,745,000 | 304,230,000 | 344,151,000 | 396,600,000 | 308,741,000 | 232,723,000 | 196,296,000 | 195,491,000 |
| Certificates of deposit | 283,368,000 | 290,633,000 | 264,058,000 | 246,909,000 | 251,198,000 | 269,152,000 | 290,761,000 | 229,236,000 |
| Brokered certificates of deposit | 29,717,000 | 29,000,000 | 19,538,000 | 3,567,000 | 10,770,000 | 12,339,000 | 39,524,000 | 34,344,000 |
| Total deposits | 721,258,000 | 727,177,000 | 735,314,000 | 752,020,000 | 667,632,000 | 601,700,000 | 607,023,000 | 480,421,000 |
| Repurchase agreements | 18,795,000 | 17,772,000 | 10,787,000 | 9,244,000 | 6,245,000 | 3,738,000 | 2,015,000 | 2,281,000 |
| Federal Home Loan Bank advances | 54,124,000 | 32,999,000 | 19,500,000 | 15,000,000 | 25,000,000 | 34,500,000 | 24,000,000 | 67,500,000 |
| Line of credit and other borrowings | — | — | — | 0 | 3,000,000 | 3,000,000 | — | — |
| Other borrowings | 0 | 25,250,000 | — | — | — | — | — | — |
| Advances from borrowers for taxes and insurance | 972,000 | 968,000 | 1,233,000 | 503,000 | 928,000 | 519,000 | 747,000 | 309,000 |
| Accrued post-retirement benefit obligation | 2,169,000 | 2,256,000 | 2,431,000 | 2,620,000 | 3,065,000 | 3,306,000 | 2,919,000 | 2,770,000 |
| Accrued interest payable | 1,861,000 | 3,009,000 | 1,666,000 | 176,000 | 199,000 | 537,000 | 801,000 | 188,000 |
| Allowance for credit losses on off-balance sheet credit exposure | 75,000 | 98,000 | 216,000 | — | — | — | — | — |
| Other | 6,568,000 | 4,300,000 | 6,076,000 | 6,337,000 | 5,968,000 | 5,653,000 | 3,904,000 | 3,779,000 |
| Total liabilities | 805,822,000 | 813,829,000 | 777,223,000 | 785,900,000 | 712,037,000 | 652,953,000 | 641,409,000 | 557,248,000 |
| Stockholders' Equity | ||||||||
| Common stock, $.01 par value, 100,000,000 shares authorized, 3,351,526 and 3,353,026 shares issued and outstanding at June 30, 2025 and 2024, respectively | 33,000 | 33,000 | 33,000 | 32,000 | 32,000 | 32,000 | 36,000 | 39,000 |
| Additional paid-in capital | 52,329,000 | 51,913,000 | 51,543,000 | 50,342,000 | 49,619,000 | 49,239,000 | 48,813,000 | 48,361,000 |
| Unearned ESOP shares, at cost, 115,470 and 134,715 shares at June 30, 2025 and 2024, respectively | (1,155,000) | (1,347,000) | (1,540,000) | (1,732,000) | (1,925,000) | (2,117,000) | (2,309,000) | (2,502,000) |
| Retained earnings | 46,894,000 | 43,876,000 | 43,365,000 | 40,362,000 | 35,645,000 | 31,207,000 | 35,356,000 | 38,885,000 |
| Accumulated other comprehensive loss, net of tax | (16,264,000) | (20,559,000) | (21,648,000) | (17,346,000) | 1,933,000 | 4,203,000 | 565,000 | (3,108,000) |
| Total stockholders' equity | 81,837,000 | 73,916,000 | 71,753,000 | 71,658,000 | 85,304,000 | 82,564,000 | 82,461,000 | 81,675,000 |
| Total liabilities and stockholders' equity | 887,659,000 | 887,745,000 | 848,976,000 | 857,558,000 | 797,341,000 | 735,517,000 | 723,870,000 | 638,923,000 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.