Here are the 10-Q quarterly reports from IF Bancorp, Inc. (IROQ) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow IROQ and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full IROQ filings page.
IF Bancorp, Inc. reported modestly stronger results for the quarter and six months ended December 31, 2025. Quarterly net income rose to $1.3 million from $1.2 million a year earlier, and six‑month net income increased to $2.7 million from $1.9 million.
Net interest income improved to $6.0 million for the quarter and $12.2 million for six months, helped by lower funding costs, while total interest and dividend income was roughly flat. Earnings per share were $0.41 for the quarter and $0.84 for six months, up from $0.38 and $0.57.
Total assets decreased to $830.4 million from $887.7 million since June 30, 2025, as loans declined to $598.4 million and deposits fell to $649.6 million. The allowance for credit losses stayed stable at $6.5 million, and credit quality metrics remained strong with very limited nonaccrual and past‑due balances. Comprehensive income benefited from $3.0 million of unrealized gains on available‑for‑sale securities, reducing accumulated other comprehensive loss.
IF Bancorp, Inc. reported stronger results for the quarter ended September 30, 2025. Net income rose to $1.39 million from $0.63 million a year ago, and diluted EPS increased to $0.43 from $0.20. Net interest income improved to $6.18 million from $4.82 million as interest expense declined to $4.91 million from $6.09 million. The provision for credit losses was a $0.04 million credit versus a $0.38 million expense last year.
Noninterest income was $1.14 million versus $1.41 million, reflecting a $0.11 million loss on securities sales and lower other income, partially offset by better mortgage banking and gain on loan sales. Noninterest expense increased to $5.46 million from $5.00 million, driven mainly by compensation and equipment.
On the balance sheet, total assets were $862.33 million versus $887.66 million at June 30, 2025. Loans, net, were $619.28 million compared with $633.60 million. Deposits totaled $680.26 million versus $721.26 million, while Federal Home Loan Bank advances rose to $69.12 million from $54.12 million. Stockholders’ equity increased to $84.52 million, aided by an improvement in accumulated other comprehensive loss. A quarterly dividend of $0.20 per share was declared.