IF Bancorp, Inc. operates as the savings and loan holding company for Iroquois Federal Savings and Loan Association that provides a range of banking and financial services to individual and corporate clients. The company offers various deposit accounts, including savings accounts, certificates of deposit, money market accounts, commercial and personal checking accounts, individual retirement accounts, and health savings accounts. It also provides loans comprising one- to four-family residential mortgage loans; multi-family mortgage loans; commercial real estate loans, such as farm loans; home equity lines of credit; commercial business loans; and consumer loans primarily consisting of automobile loans, as well as construction loans and land development loans. In addition, the company sells property and casualty insurance, as well as offers annuities; mutual funds; individual and group retirement plans; life, disability, and health insurance; individual securities; managed accounts; and other financial services. Further, it invests in securities; and provides ATM, online banking and bill pay, mobile banking, ACH origination, remote deposit capture, and telephone banking services. As of August 31, 2021, it operated a network of seven full-service banking offices located in Watseka, Danville, Clifton, Hoopeston, Savoy, Bourbonnais, and Champaign, Illinois; and a loan production and wealth management office in Osage Beach, Missouri. IF Bancorp, Inc. was founded in 1883 and is headquartered in Watseka, Illinois.
IPO Year: 2011
Exchange: NASDAQ
Website: iroquoisfed.com
4 - IF Bancorp, Inc. (0001514743) (Issuer)
4 - IF Bancorp, Inc. (0001514743) (Issuer)
4 - IF Bancorp, Inc. (0001514743) (Issuer)
4 - IF Bancorp, Inc. (0001514743) (Issuer)
4 - IF Bancorp, Inc. (0001514743) (Issuer)
4 - IF Bancorp, Inc. (0001514743) (Issuer)
4 - IF Bancorp, Inc. (0001514743) (Issuer)
4 - IF Bancorp, Inc. (0001514743) (Issuer)
4 - IF Bancorp, Inc. (0001514743) (Issuer)
4 - IF Bancorp, Inc. (0001514743) (Issuer)
4 - IF Bancorp, Inc. (0001514743) (Issuer)
4 - IF Bancorp, Inc. (0001514743) (Issuer)
3 - IF Bancorp, Inc. (0001514743) (Issuer)
SC 13D/A - IF Bancorp, Inc. (0001514743) (Subject)
SC 13G/A - IF Bancorp, Inc. (0001514743) (Subject)
SC 13G/A - IF Bancorp, Inc. (0001514743) (Subject)
SC 13D/A - IF Bancorp, Inc. (0001514743) (Subject)
SC 13G/A - IF Bancorp, Inc. (0001514743) (Subject)
SC 13G/A - IF Bancorp, Inc. (0001514743) (Subject)
SC 13G/A - IF Bancorp, Inc. (0001514743) (Subject)
SC 13G/A - IF Bancorp, Inc. (0001514743) (Subject)
SC 13G/A - IF Bancorp, Inc. (0001514743) (Subject)
SC 13D - IF Bancorp, Inc. (0001514743) (Subject)
8-K - IF Bancorp, Inc. (0001514743) (Filer)
8-K - IF Bancorp, Inc. (0001514743) (Filer)
10-Q - IF Bancorp, Inc. (0001514743) (Filer)
8-K - IF Bancorp, Inc. (0001514743) (Filer)
11-K - IF Bancorp, Inc. (0001514743) (Filer)
8-K - IF Bancorp, Inc. (0001514743) (Filer)
10-Q - IF Bancorp, Inc. (0001514743) (Filer)
8-K - IF Bancorp, Inc. (0001514743) (Filer)
DEF 14A - IF Bancorp, Inc. (0001514743) (Filer)
10-K - IF Bancorp, Inc. (0001514743) (Filer)
IF Bancorp, Inc. (NASDAQ:IROQ) (the "Company") the holding company for Iroquois Federal Savings and Loan Association (the "Association"), announced unaudited net income of $1.0 million, or $0.31 per basic and diluted share, for the three months ended March 31, 2025, compared to net income of $708,000, or $0.22 per basic and diluted share, for the three months ended March 31, 2024. Walter H. "Chip" Hasselbring, III, Chairman and Chief Executive Officer, commented "The Federal Reserve's easing of short-term rates stalled this quarter and the competitive environment for deposits remains difficult. That being said, our net interest margin continued to improve, contributing to a modest improvem
IF Bancorp, Inc. (NASDAQ Capital: IROQ) (the "Company"), the holding company for Iroquois Federal Savings and Loan Association, today announced that its Board of Directors declared a cash dividend of $0.20 per common share. The dividend will be paid on April 15, 2025, to stockholders of record as of the close of business on March 21, 2025. "We are pleased to continue paying a cash dividend to our stockholders," said Walter H. Hasselbring, III, Chairman and Chief Executive Officer of the Company. "The payment of dividends represents our long-term commitment to enhancing stockholder value and we intend to continue paying a semiannual dividend in the future, assuming that our financial posit
IF Bancorp, Inc. (NASDAQ:IROQ) (the "Company") the holding company for Iroquois Federal Savings and Loan Association (the "Association"), announced unaudited net income of $1.2 million, or $0.38 per basic and diluted share, for the three months ended December 31, 2024, compared to net income of $185,000, or $0.06 per basic and diluted share, for the three months ended December 31, 2023. Walter H. "Chip" Hasselbring, III, Chairman and Chief Executive Officer, commented "While the Federal Reserve has begun easing short term rates, the competitive environment for deposits remains difficult. We held the balances in our loan portfolio steady as we were disciplined based on the funding environm
NEW YORK, Dec. 3, 2024 /PRNewswire/ -- Stilwell Activist Investments, L.P. (together with its affiliates, "Stilwell"), one of the largest stockholders of IF Bancorp, Inc. ("IROQ" or the "Company") (NASDAQ:IROQ), today issued the following statement in connection with the Company's 2024 Annual Meeting of Stockholders: At last week's Annual Meeting, stockholders approved our Proposal by a 3:2 margin calling for a prompt sale of IF Bancorp, Inc. Although the Proposal is non-binding, IROQ's stockholders agree that the Company should be sold promptly. We urge IROQ's Board of Directors to act now. If the stockholder-approved Proposal does not lead to the Company's prompt sale, we intend to seek b
IF Bancorp, Inc. (NASDAQ Capital: IROQ) (the "Company"), and its wholly owned subsidiary, Iroquois Federal Savings and Loan Association (the "Association"), today announced that the Boards of Directors (the "Boards") of the Company and the Association unanimously elected Walter H. Hasselbring, III, the current President and Chief Executive Officer of the Company and the Association, as Chair of the Boards. Mr. Hasselbring succeeds, Gary Martin, who, having reached the age limit established by the Board of Directors in the Company's bylaws, retired from the Boards on November 25, 2024, immediately prior to the Company's Annual Meeting of Stockholders. In conjunction with these changes, Mr. H
IF Bancorp, Inc. (NASDAQ:IROQ) (the "Company") the holding company for Iroquois Federal Savings and Loan Association (the "Association"), announced unaudited net income of $633,000, or $0.20 per basic and diluted share, for the three months ended September 30, 2024, compared to $466,000, or $0.15 per basic share and $0.14 per diluted share, for the three months ended September 30, 2023. Walter H. "Chip" Hasselbring, President and Chief Executive Officer, commented, "While the Federal Reserve has recently begun the process of easing the interest rate environment, it will be a while until the full effects of lower interest rates are felt in our financial results. That being said, we were ple
NEW YORK, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Stilwell Activist Investments, L.P. (together with its affiliates, "Stilwell"), one of the largest stockholders of IF Bancorp, Inc. ("IROQ" or the "Company") (NASDAQ:IROQ), today issued the following statement in connection with the Company's upcoming annual meeting of stockholders scheduled to be held on November 25, 2024 (the "Annual Meeting"), at which stockholders will vote on a number of matters, including Stilwell's non-binding proposal requesting a sale of the Company (the "Proposal"), submitted pursuant to Rule 14a-8 of the Securities Exchange Act of 1934, as amended: IF Bancorp – Chronically Disappointing. Based on chronic underperform
NEW YORK, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Stilwell Activist Investments, L.P. (together with its affiliates, "Stilwell"), one of the largest stockholders of IF Bancorp, Inc. ("IROQ" or the "Company") (NASDAQ:IROQ), today issued the following statement in connection with the Company's upcoming annual meeting of stockholders scheduled to be held on November 25, 2024 (the "Annual Meeting"), at which stockholders will vote on a number of matters, including Stilwell's non-binding proposal requesting a sale of the Company (the "Proposal"), submitted pursuant to Rule 14a-8 of the Securities Exchange Act of 1934, as amended: IF Bancorp – Chronically Disappointing. Based on chronic underperform
IF Bancorp, Inc. (NASDAQ:IROQ) (the "Company") the holding company for Iroquois Federal Savings and Loan Association (the "Association"), announced net income of $1.8 million, or $0.57 per basic share and diluted share for the fiscal year ended June 30, 2024, compared to $4.7 million, or $1.50 per basic share and $1.46 per diluted share for the fiscal year ended June 30, 2023. The Company also announced net income of $431,000, or $0.13 per basic share and diluted share for the three months ended June 30, 2024, compared to $597,000, or $0.19 per basic share and $0.18 per diluted share for the three months ended June 30, 2023. "As we mentioned in our last earnings release, the interest rate
IF Bancorp, Inc. (NASDAQ Capital: IROQ) (the "Company"), the holding company for Iroquois Federal Savings and Loan Association, today announced that its Board of Directors declared a cash dividend of $0.20 per common share. The dividend will be paid on October 18, 2024, to stockholders of record as of the close of business on September 27, 2024. "We are pleased to continue paying a cash dividend to our stockholders," said Walter H. Hasselbring, III, President and Chief Executive Officer of the Company. "The payment of dividends represents our long-term commitment to enhancing stockholder value and we intend to continue paying a semiannual dividend in the future, assuming that our financia
IF Bancorp, Inc. (NASDAQ:IROQ) (the "Company") the holding company for Iroquois Federal Savings and Loan Association (the "Association"), announced unaudited net income of $1.0 million, or $0.31 per basic and diluted share, for the three months ended March 31, 2025, compared to net income of $708,000, or $0.22 per basic and diluted share, for the three months ended March 31, 2024. Walter H. "Chip" Hasselbring, III, Chairman and Chief Executive Officer, commented "The Federal Reserve's easing of short-term rates stalled this quarter and the competitive environment for deposits remains difficult. That being said, our net interest margin continued to improve, contributing to a modest improvem
IF Bancorp, Inc. (NASDAQ Capital: IROQ) (the "Company"), the holding company for Iroquois Federal Savings and Loan Association, today announced that its Board of Directors declared a cash dividend of $0.20 per common share. The dividend will be paid on April 15, 2025, to stockholders of record as of the close of business on March 21, 2025. "We are pleased to continue paying a cash dividend to our stockholders," said Walter H. Hasselbring, III, Chairman and Chief Executive Officer of the Company. "The payment of dividends represents our long-term commitment to enhancing stockholder value and we intend to continue paying a semiannual dividend in the future, assuming that our financial posit
IF Bancorp, Inc. (NASDAQ:IROQ) (the "Company") the holding company for Iroquois Federal Savings and Loan Association (the "Association"), announced unaudited net income of $1.2 million, or $0.38 per basic and diluted share, for the three months ended December 31, 2024, compared to net income of $185,000, or $0.06 per basic and diluted share, for the three months ended December 31, 2023. Walter H. "Chip" Hasselbring, III, Chairman and Chief Executive Officer, commented "While the Federal Reserve has begun easing short term rates, the competitive environment for deposits remains difficult. We held the balances in our loan portfolio steady as we were disciplined based on the funding environm
IF Bancorp, Inc. (NASDAQ:IROQ) (the "Company") the holding company for Iroquois Federal Savings and Loan Association (the "Association"), announced unaudited net income of $633,000, or $0.20 per basic and diluted share, for the three months ended September 30, 2024, compared to $466,000, or $0.15 per basic share and $0.14 per diluted share, for the three months ended September 30, 2023. Walter H. "Chip" Hasselbring, President and Chief Executive Officer, commented, "While the Federal Reserve has recently begun the process of easing the interest rate environment, it will be a while until the full effects of lower interest rates are felt in our financial results. That being said, we were ple
IF Bancorp, Inc. (NASDAQ:IROQ) (the "Company") the holding company for Iroquois Federal Savings and Loan Association (the "Association"), announced net income of $1.8 million, or $0.57 per basic share and diluted share for the fiscal year ended June 30, 2024, compared to $4.7 million, or $1.50 per basic share and $1.46 per diluted share for the fiscal year ended June 30, 2023. The Company also announced net income of $431,000, or $0.13 per basic share and diluted share for the three months ended June 30, 2024, compared to $597,000, or $0.19 per basic share and $0.18 per diluted share for the three months ended June 30, 2023. "As we mentioned in our last earnings release, the interest rate
IF Bancorp, Inc. (NASDAQ Capital: IROQ) (the "Company"), the holding company for Iroquois Federal Savings and Loan Association, today announced that its Board of Directors declared a cash dividend of $0.20 per common share. The dividend will be paid on October 18, 2024, to stockholders of record as of the close of business on September 27, 2024. "We are pleased to continue paying a cash dividend to our stockholders," said Walter H. Hasselbring, III, President and Chief Executive Officer of the Company. "The payment of dividends represents our long-term commitment to enhancing stockholder value and we intend to continue paying a semiannual dividend in the future, assuming that our financia
IF Bancorp, Inc. (NASDAQ:IROQ) (the "Company") the holding company for Iroquois Federal Savings and Loan Association (the "Association"), announced unaudited net income of $708,000, or $0.22 per basic and diluted share, for the three months ended March 31, 2024, compared to net income of $690,000, or $0.22 per basic share and $0.21 per diluted share, for the three months ended March 31, 2023. "The uncertain interest rate environment continues to be a challenge for the banking industry. Our executive team and board remain focused on giving their full attention and effort to maximize the efficiencies and strategies necessary to navigate the current economic and interest rate environment suc
IF Bancorp, Inc. (NASDAQ Capital: IROQ) (the "Company"), the holding company for Iroquois Federal Savings and Loan Association, today announced that its Board of Directors declared a cash dividend of $0.20 per common share. The dividend will be paid on April 15, 2024, to stockholders of record as of the close of business on March 22, 2024. "We are pleased to continue paying a cash dividend to our stockholders," said Walter H. Hasselbring, III, President and Chief Executive Officer of the Company. "The payment of dividends represents our long-term commitment to enhancing stockholder value and we intend to continue paying a semiannual dividend in the future, assuming that our financial posi
IF Bancorp, Inc. (NASDAQ:IROQ) (the "Company") the holding company for Iroquois Federal Savings and Loan Association (the "Association"), announced unaudited net income of $185,000, or $0.06 per basic and diluted share, for the three months ended December 31, 2023, compared to net income of $1.4 million, or $0.44 per basic and $0.43 per diluted share, for the three months ended December 31, 2022. For the three months ended December 31, 2023, net interest income was $4.4 million compared to $6.0 million for the three months ended December 31, 2022. We recorded a provision for credit losses of $364,000 for the three months ended December 31, 2023, compared to a provision for credit losses o
IF Bancorp, Inc. (NASDAQ:IROQ) (the "Company") the holding company for Iroquois Federal Savings and Loan Association (the "Association"), announced unaudited net income of $466,000, or $0.15 per basic share and $0.14 per diluted share for the three months ended September 30, 2023, compared to $2.0 million, or $0.63 per basic share and $0.62 per diluted share, for the three months ended September 30, 2022. For the three months ended September 30, 2023, net interest income was $4.6 million compared to $6.3 million for the three months ended September 30, 2022. Interest income increased to $9.3 million for the three months ended September 30, 2023, from $7.1 million for the three months ende
IF Bancorp, Inc. (NASDAQ Capital: IROQ) (the "Company"), and its wholly owned subsidiary, Iroquois Federal Savings and Loan Association (the "Association"), today announced that the Boards of Directors (the "Boards") of the Company and the Association unanimously elected Walter H. Hasselbring, III, the current President and Chief Executive Officer of the Company and the Association, as Chair of the Boards. Mr. Hasselbring succeeds, Gary Martin, who, having reached the age limit established by the Board of Directors in the Company's bylaws, retired from the Boards on November 25, 2024, immediately prior to the Company's Annual Meeting of Stockholders. In conjunction with these changes, Mr. H