IF Bancorp, Inc. Reports Earnings Results for the First Quarter Ended September 30, 2021
October 29, 2021 at 02:09 am IST
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IF Bancorp, Inc. reported earnings results for the first quarter ended September 30, 2021. For the first quarter, the company reported net interest income was USD 5.57 million compared to USD 4.89 million a year ago. Net income was USD 1.89 million compared to USD 1.33 million a year ago. Basic earnings per share from continuing operations was USD 0.62 compared to USD 0.44 a year ago. Diluted earnings per share from continuing operations was USD 0.61 compared to USD 0.44 a year ago.
IF Bancorp, Inc. operates as a holding company for Iroquois Federal Savings and Loan Association (Iroquois Federal). The Company is primarily engaged in the business of directing, planning, and coordinating the business activities of Iroquois Federal. Iroquois Federal operates as a federally chartered savings association. Its business consists primarily of taking deposits from the general public and investing those deposits, together with funds generated from operations and borrowings, in a range of loans. The Company offers a range of deposit accounts, including savings accounts, certificates of deposit, money market accounts, and commercial and personal checking accounts, among others. It also offers alternative delivery channels, including automated teller machines (ATMs), online banking and bill pay, and mobile banking with mobile deposit and bill pay. It conducts its operations in seven full-service banking offices, and a loan production and wealth management office in Missouri.
IF BANCORP, INC. 
