For the quarter ending 2025-12-31, IROQ had $764K increase in cash & cash equivalents over the period. $1,735K in free cash flow.
| Cash Flow | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|
| Net income | 1,328 | 1,392 | 4,304 |
| Depreciation | 147 | 159 | 621 |
| Provision (credit) for credit losses | 34 | -42 | -701 |
| Net amortization (accretion) of premiums and discounts on securities | 58 | 66 | 179 |
| Deferred income taxes | -3 | 36 | 114 |
| Net realized gains on loan sales | 152 | 116 | 295 |
| Net realized losses on sales of available-for-sale securities | 0 | -114 | -71 |
| Loss on foreclosed assets held for sale | -8 | -97 | 8 |
| Nontaxable bank-owned life insurance income, net | - | 118 | 456 |
| Bank-owned life insurance income, net | 236 | - | - |
| Originations of loans held for sale | 7,374 | 5,702 | 15,284 |
| Proceeds from sales of loans held for sale | 7,879 | 5,463 | 15,641 |
| Esop compensation expense | 125 | 121 | 421 |
| Stock equity plan expense | 47 | 46 | 187 |
| Accrued interest receivable | 40 | 148 | 88 |
| Other assets | -36 | 44 | -1,307 |
| Accrued interest payable | 261 | -49 | -1,148 |
| Post-retirement benefit obligation | 3 | 4 | 9 |
| Other liabilities | -321 | -1,686 | 2,245 |
| Net cash provided by operating activities | 1,802 | -539 | 6,761 |
| Net change in interest bearing time deposits | - | - | 0 |
| Purchases of available-for-sale securities | 0 | 5,312 | 18,342 |
| Proceeds from sales of available-for-sale securities | 0 | 2,016 | 4,665 |
| Proceeds from maturities and pay-downs of available-for-sale securities | 6,975 | 3,688 | 22,419 |
| Net change in loans | -26,613 | -14,717 | -6,189 |
| Purchase of premises and equipment | 67 | 43 | 242 |
| Proceeds from sale of foreclosed assets | 32 | 28 | 0 |
| Proceeds from the sale of foreclosed assets | - | - | 49 |
| Purchase of federal home loan bank stock | 0 | 0 | 1,466 |
| Redemption of federal home loan bank stock | 123 | 330 | 791 |
| Proceeds from settlement of bank-owned life insurance death claim | - | - | 0 |
| Net cash provided by (used in) investing activities | 33,676 | 15,424 | 14,063 |
| Net decrease in demand deposits, money market, now and savings accounts | -20,734 | -46,386 | 629 |
| Net (decrease) increase in certificates of deposit, including brokered certificates | -9,969 | 5,392 | -6,548 |
| Net decrease in advances from borrowers for taxes and insurance | 281 | -291 | 4 |
| Proceeds from other borrowings | 24,500 | 1,750 | 114,700 |
| Repayments of other borrowings | 24,500 | 1,750 | 139,950 |
| Proceeds from federal home loan bank advances | 74,000 | 68,500 | 563,125 |
| Repayments of federal home loan bank advances | 76,500 | 53,500 | 542,000 |
| Net increase (decrease) in repurchase agreements | -1,145 | -665 | 1,023 |
| Dividends paid | 647 | - | 1,286 |
| Net cash used in financing activities | -34,714 | -26,950 | -10,303 |
| Net decrease in cash and cash equivalents | 764 | -12,065 | 10,521 |
| Cash and cash equivalents at beginning of period | 8,027 | 20,092 | - |
| Cash and cash equivalents at end of period | 8,791 | 8,027 | - |
IF Bancorp, Inc. (IROQ)
IF Bancorp, Inc. (IROQ)