10-Q - IF Bancorp, Inc. | StockGist

AI Analysis

AI-generated analysis. Always verify with the original filing.

IF Bancorp, Inc. reported net income of $1.3 million for Q2 2026 (period ending December 31, 2025), driven by net interest income of $6.0 million and total noninterest income of $1.4 million. The company's total assets stood at $830.4 million, with loans net of allowance for credit losses at $592.3 million and total deposits of $649.6 million. Operating activities generated $1.3 million in cash, while investing activities provided $49.1 million primarily from securities maturities and loan portfolio changes. Financing activities used $61.7 million due to deposit decreases and debt repayments, resulting in a net decrease in cash and cash equivalents of $11.3 million. The company maintained stockholders' equity of $87.4 million with an accumulated other comprehensive loss of $13.1 million.

Key Takeaways

1Net income of $1.3 million with net interest income of $6.0 million

2Total assets of $830.4 million with loan portfolio of $592.3 million

3Operating cash flow of $1.3 million despite net cash decrease of $11.3 million

4Total deposits of $649.6 million with demand deposits of $37.7 million

5Stockholders' equity of $87.4 million with accumulated comprehensive loss of $13.1 million

Key Financial Metrics

Net Income

$1.3M