If Bancorp, Inc. Reports Earnings Results for the Fourth Quarter Ended June 30, 2021
August 31, 2021 at 04:15 pm EDT
Share
IF Bancorp, Inc. announced earnings results for the fourth quarter ended June 30, 2021. For the fourth quarter, the company reported net interest income was USD 5.217 million compared to USD 4.771 million a year ago. Net income was USD 993,000 compared to USD 1.371 million a year ago. Basic earnings per share from continuing operations was USD 0.33 compared to USD 0.45 a year ago. Diluted earnings per share from continuing operations was USD 0.32 compared to USD 0.45 a year ago.
For the full year, net interest income was USD 20.179 million compared to USD 18.288 million a year ago. Net income was USD 5.347 million compared to USD 4.245 million a year ago. Basic earnings per share from continuing operations was USD 1.76 compared to USD 1.37 a year ago. Diluted earnings per share from continuing operations was USD 1.74 compared to USD 1.35 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. 
