| Income Statement | 2025-09-30 | 2025-03-31 | 2024-09-30 | |
|---|---|---|---|---|
| Interest and fees on loans | 9,485 | 9,214 | 9,475 | |
| Taxable | 1,344 | 1,245 | 1,253 | |
| Tax-exempt | 13 | 20 | 23 | |
| Federal home loan bank dividends | 123 | 117 | 113 | |
| Deposits with other financial institutions | 127 | 49 | 49 | |
| Total interest and dividend income | 11,092 | 10,645 | 10,913 | |
| Deposits | 4,098 | 4,319 | 4,753 | |
| Federal home loan bank advances and repurchase agreements | 810 | 1,093 | 1,033 | |
| Line of credit and other borrowings | 1 | 9 | 306 | |
| Total interest expense | 4,909 | 5,421 | 6,092 | |
| Net interest income | 6,183 | 5,224 | 4,821 | |
| Provision (credit) for credit losses | -42 | -262 | 382 | |
| Net interest income after provision (credit) for credit losses | 6,225 | 5,486 | 4,439 | |
| Noninterest income-Deposit Account | 132 | - | - | |
| Noninterest income-Financial Service Other | 75 | - | - | |
| Insurance commissions | 187 | 297 | 184 | |
| Brokerage commissions | 198 | 176 | 178 | |
| Net realized losses on sale of available-for-sale securities | -114 | - | -71 | |
| Mortgage banking income (loss), net | 86 | 58 | -42 | |
| Gain on sale of loans | 116 | 55 | 97 | |
| Noninterest income | - | 173 | 125 | |
| Bank-owned life insurance income, net | 118 | 113 | 115 | |
| Other | 344 | 304 | 761 | |
| Total noninterest income | 1,142 | 1,176 | 1,408 | |
| Compensation and benefits | 3,380 | 3,447 | 3,068 | |
| Office occupancy | 286 | 275 | 279 | |
| Equipment | 603 | 560 | 579 | |
| Federal deposit insurance | 89 | 118 | 132 | |
| Stationary, printing and office | 25 | 28 | 22 | |
| Advertising | 112 | 99 | 101 | |
| Professional services | 146 | 111 | 136 | |
| Supervisory examination | 9 | 27 | 25 | |
| Audit and accounting services | 90 | 19 | 92 | |
| Organizational dues and subscriptions | 22 | 24 | 22 | |
| Insurance bond premiums | 66 | 59 | 64 | |
| Telephone and postage | 48 | 40 | 46 | |
| Loss on sale of foreclosed assets, net | -97 | - | - | |
| Other | 490 | 464 | 430 | |
| Total noninterest expense | 5,463 | 5,271 | 4,996 | |
| Income before income tax | 1,904 | 1,391 | 851 | |
| Provision for income tax | 512 | 380 | 218 | |
| Net income | 1,392 | 1,011 | 633 | |
| Earnings per share, basic | 0.43 | 0.31 | 0.2 | |
| Earnings per share, diluted | 0.43 | 0.31 | 0.2 | |
| Weighted average number of shares outstanding, basic | 3,238,462 | 3,228,839 | 3,220,717 | |
| Weighted average number of shares outstanding, diluted | 3,238,462 | 3,228,839 | 3,220,717 | |
IF Bancorp, Inc. (IROQ)
IF Bancorp, Inc. (IROQ)