For the quarter ending 2025-12-31, IROQ made $21,918K in revenue. $1,328K in net income. Net profit margin of 6.06%.
| Income Statement | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 |
|---|---|---|---|---|
| Interest and fees on loans | 9,026 | 9,485 | 9,470 | 9,214 |
| Taxable | 1,316 | 1,344 | 1,269 | 1,245 |
| Tax-exempt | 13 | 13 | 23 | 20 |
| Federal home loan bank dividends | 110 | 123 | 114 | 117 |
| Deposits with other financial institutions | 70 | 127 | 55 | 49 |
| Total interest and dividend income | 10,535 | 11,092 | 10,930 | 10,645 |
| Deposits | 3,918 | 4,098 | 4,397 | 4,319 |
| Federal home loan bank advances and repurchase agreements | 644 | 810 | 1,043 | 1,093 |
| Line of credit and other borrowings | 2 | 1 | 106 | 9 |
| Total interest expense | 4,564 | 4,909 | 5,545 | 5,421 |
| Net interest income | 5,971 | 6,183 | 5,385 | 5,224 |
| Provision (credit) for credit losses | 34 | -42 | -410 | -262 |
| Net interest income after provision (credit) for credit losses | 5,937 | 6,225 | 5,795 | 5,486 |
| Noninterest income-Deposit Account | 148 | 132 | 121 | - |
| Noninterest income-Financial Service Other | 76 | 75 | 64 | - |
| Insurance commissions | 208 | 187 | 193 | 297 |
| Brokerage commissions | 203 | 198 | 183 | 176 |
| Net realized gains (losses) on sales of available-for-sale securities | 0 | -114 | 0 | - |
| Mortgage banking income, net | 89 | 86 | 129 | 58 |
| Gain on sale of loans | 152 | 116 | 72 | 55 |
| Noninterest income | - | - | - | 173 |
| Bank-owned life insurance income, net | 118 | 118 | 115 | 113 |
| Other | 366 | 344 | 300 | 304 |
| Total noninterest income | 1,360 | 1,142 | 1,180 | 1,176 |
| Compensation and benefits | 3,135 | 3,380 | 3,345 | 3,447 |
| Office occupancy | 263 | 286 | 259 | 275 |
| Equipment | 560 | 603 | 574 | 560 |
| Federal deposit insurance | 88 | 89 | 113 | 118 |
| Stationary, printing and office | 30 | 25 | 24 | 28 |
| Advertising | 96 | 112 | 91 | 99 |
| Professional services | 673 | 146 | 137 | 111 |
| Supervisory examination | 29 | 9 | 32 | 27 |
| Audit and accounting services | 20 | 90 | 39 | 19 |
| Organizational dues and subscriptions | 6 | 22 | 5 | 24 |
| Insurance bond premiums | 69 | 66 | 65 | 59 |
| Telephone and postage | 38 | 48 | 42 | 40 |
| Loss on foreclosed assets, net | -8 | -97 | 2 | - |
| Other | 460 | 490 | 418 | 464 |
| Total noninterest expense | 5,475 | 5,463 | 5,138 | 5,271 |
| Income before income tax | 1,822 | 1,904 | 1,838 | 1,391 |
| Provision for income tax | 494 | 512 | 508 | 380 |
| Net income | 1,328 | 1,392 | 1,330 | 1,011 |
| Earnings per share, basic | 0.41 | 0.43 | 0.43 | 0.31 |
| Earnings per share, diluted | 0.41 | 0.43 | 0.43 | 0.31 |
| Weighted average number of shares outstanding, basic | 3,243,273 | 3,238,462 | -1,649,265.5 | 3,228,839 |
| Weighted average number of shares outstanding, diluted | 3,243,273 | 3,238,462 | -1,649,265.5 | 3,228,839 |
IF Bancorp, Inc. (IROQ)
IF Bancorp, Inc. (IROQ)