IROQ · As filed with the SEC
IF Bancorp income statement, by quarter
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.
Condensed Consolidated Statements of Income · USD, except per-share amounts
| USD, except per-share amounts | Q2 FY26 3 months ended Dec 31, 2025 | Q1 FY26 3 months ended Sep 30, 2025 | Q4 FY25 3 months ended Jun 30, 2025 | Q3 FY25 3 months ended Mar 31, 2025 | Q2 FY25 3 months ended Dec 31, 2024 | Q1 FY25 3 months ended Sep 30, 2024 | Q4 FY24 3 months ended Jun 30, 2024 | Q3 FY24 3 months ended Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|
| Interest and Dividend Income | ||||||||
| Interest and fees on loans | 9,026,000 | 9,485,000 | — | 9,214,000 | 9,564,000 | 9,475,000 | — | 9,273,000 |
| Securities | ||||||||
| Taxable | 1,316,000 | 1,344,000 | — | 1,245,000 | 1,266,000 | 1,253,000 | — | 1,364,000 |
| Tax-exempt | 13,000 | 13,000 | — | 20,000 | 23,000 | 23,000 | — | 23,000 |
| Federal Home Loan Bank dividends | 110,000 | 123,000 | — | 117,000 | 101,000 | 113,000 | — | 112,000 |
| Deposits with other financial institutions | 70,000 | 127,000 | — | 49,000 | 56,000 | 49,000 | — | 31,000 |
| Total interest and dividend income | 10,535,000 | 11,092,000 | — | 10,645,000 | 11,010,000 | 10,913,000 | — | 10,803,000 |
| Interest Expense | ||||||||
| Deposits | 3,918,000 | 4,098,000 | — | 4,319,000 | 4,694,000 | 4,753,000 | — | 4,756,000 |
| Federal Home Loan Bank advances and repurchase agreements | 644,000 | 810,000 | — | 1,093,000 | 1,089,000 | 1,033,000 | — | 1,392,000 |
| Line of credit and other borrowings | — | — | — | — | — | — | — | 396,000 |
| Total interest expense | — | — | — | — | — | — | — | 6,544,000 |
| Line of credit and other borrowings | 2,000 | 1,000 | — | 9,000 | 210,000 | 306,000 | — | — |
| Total interest expense | 4,564,000 | 4,909,000 | — | 5,421,000 | 5,993,000 | 6,092,000 | — | — |
| Net Interest Income | 5,971,000 | 6,183,000 | — | 5,224,000 | 5,017,000 | 4,821,000 | — | 4,259,000 |
| Provision (Credit) for Credit Losses | 34,000 | (42,000) | — | (262,000) | (450,000) | 382,000 | — | (390,000) |
| Net Interest Income After Provision (Credit) for Credit Losses | 5,937,000 | 6,225,000 | — | 5,486,000 | 5,467,000 | 4,439,000 | — | 4,649,000 |
| Noninterest Income | ||||||||
| Customer Service Fees | 148,000 | 132,000 | — | 117,000 | 121,000 | 125,000 | — | 100,000 |
| Other Service Charges and Fees | 76,000 | 75,000 | — | 56,000 | 68,000 | 61,000 | — | 62,000 |
| Insurance commissions | 208,000 | 187,000 | — | 297,000 | 214,000 | 184,000 | — | 182,000 |
| Brokerage commissions | 203,000 | 198,000 | — | 176,000 | 183,000 | 178,000 | — | 166,000 |
| Net realized gains (losses) on sales of available-for-sale securities | 0 | (114,000) | — | 0 | 0 | (71,000) | — | 0 |
| Mortgage banking income, net | 89,000 | 86,000 | — | 58,000 | 198,000 | (42,000) | — | 126,000 |
| Gain on sale of loans | 152,000 | 116,000 | — | 55,000 | 72,000 | 97,000 | — | 76,000 |
| Bank-owned life insurance income, net | 118,000 | 118,000 | — | 113,000 | 114,000 | 115,000 | — | 112,000 |
| Other | 366,000 | 344,000 | — | 304,000 | 287,000 | 761,000 | — | 316,000 |
| Total noninterest income | 1,360,000 | 1,142,000 | — | 1,176,000 | 1,257,000 | 1,408,000 | — | 1,140,000 |
| Noninterest Expense | ||||||||
| Compensation and benefits | 3,135,000 | 3,380,000 | — | 3,447,000 | 3,184,000 | 3,068,000 | — | 3,081,000 |
| Office occupancy | 263,000 | 286,000 | — | 275,000 | 256,000 | 279,000 | — | 277,000 |
| Equipment | 560,000 | 603,000 | — | 560,000 | 568,000 | 579,000 | — | 549,000 |
| Federal deposit insurance | 88,000 | 89,000 | — | 118,000 | 124,000 | 132,000 | — | 135,000 |
| Stationary, printing and office | 30,000 | 25,000 | — | 28,000 | 29,000 | 22,000 | — | 18,000 |
| Advertising | 96,000 | 112,000 | — | 99,000 | 86,000 | 101,000 | — | 104,000 |
| Professional services | 673,000 | 146,000 | — | 111,000 | 163,000 | 136,000 | — | 75,000 |
| Supervisory examination | 29,000 | 9,000 | — | 27,000 | 32,000 | 25,000 | — | 19,000 |
| Audit and accounting services | 20,000 | 90,000 | — | 19,000 | 22,000 | 92,000 | — | 21,000 |
| Organizational dues and subscriptions | 6,000 | 22,000 | — | 24,000 | 5,000 | 22,000 | — | 22,000 |
| Insurance bond premiums | 69,000 | 66,000 | — | 59,000 | 68,000 | 64,000 | — | 64,000 |
| Telephone and postage | 38,000 | 48,000 | — | 40,000 | 49,000 | 46,000 | — | 49,000 |
| Loss on foreclosed assets, net | 8,000 | 97,000 | — | 0 | 0 | — | — | 0 |
| Other | 460,000 | 490,000 | — | 464,000 | 456,000 | 430,000 | — | 424,000 |
| Total noninterest expense | 5,475,000 | 5,463,000 | — | 5,271,000 | 5,042,000 | 4,996,000 | — | 4,838,000 |
| Income Before Income Tax | 1,822,000 | 1,904,000 | — | 1,391,000 | 1,682,000 | 851,000 | — | 951,000 |
| Provision for Income Tax | 494,000 | 512,000 | — | 380,000 | 463,000 | 218,000 | — | 243,000 |
| Net Income | 1,328,000 | 1,392,000 | — | 1,011,000 | 1,219,000 | 633,000 | — | 708,000 |
| Earnings Per Share: | ||||||||
| Basic | 0.41 | 0.43 | — | 0.31 | 0.38 | 0.20 | — | 0.22 |
| Diluted | 0.41 | 0.43 | — | 0.31 | 0.38 | 0.20 | — | 0.22 |
| Dividends declared per common share | 0.00 | 0.20 | — | 0.20 | 0.00 | 0.20 | — | 0.20 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.