2013 Form 10-K Financial Statement

#000119312513374636 Filed on September 23, 2013

View on sec.gov

Income Statement

Concept 2013 2012 Q2 2012
Revenue $17.61M $18.00M
YoY Change -2.17%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $447.0K $120.0K $430.0K
YoY Change 3.95% 20.0% 10.26%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $3.099M $3.784M
YoY Change -18.1%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $5.767M $1.320M $1.959M
YoY Change 194.38% 97.01% -53.69%
Income Tax $2.057M $420.0K $559.0K
% Of Pretax Income 35.67% 31.82% 28.53%
Net Earnings $3.710M $900.0K $1.400M
YoY Change 165.0% 57.89% -50.53%
Net Earnings / Revenue 21.07% 7.78%
Basic Earnings Per Share $0.86
Diluted Earnings Per Share $0.86 $187.1K $315.3K
COMMON SHARES
Basic Shares Outstanding 4.321M shares 4.436M shares
Diluted Shares Outstanding 4.321M shares

Balance Sheet

Concept 2013 2012 Q2 2012
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $8.193M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $4.300M $4.355M $4.400M
YoY Change -2.27% 6.22% 7.32%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $3.200M $0.00 $0.00
YoY Change -100.0% -100.0%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $547.5M $511.3M $511.3M
YoY Change 7.08% 0.1% 0.1%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.000M $1.000M $1.000M
YoY Change 0.0% 0.0% 0.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $1.700M $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.000M $1.000M $1.000M
YoY Change 0.0% 0.0% 0.0%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $4.400M $4.100M $4.100M
YoY Change 7.32% 7.89% 7.89%
Total Long-Term Liabilities $4.400M $4.100M $4.100M
YoY Change 7.32% 7.89% 7.89%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.000M $1.000M $1.000M
Total Long-Term Liabilities $4.400M $4.100M $4.100M
Total Liabilities $465.8M $424.7M $424.7M
YoY Change 9.68% -9.91% -9.91%
SHAREHOLDERS EQUITY
Retained Earnings $38.73M
YoY Change
Common Stock $48.00K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $81.70M $86.65M $86.60M
YoY Change
Total Liabilities & Shareholders Equity $547.5M $511.3M $511.3M
YoY Change 7.08% 0.1% 0.1%

Cashflow Statement

Concept 2013 2012 Q2 2012
OPERATING ACTIVITIES
Net Income $3.710M $900.0K $1.400M
YoY Change 165.0% 57.89% -50.53%
Depreciation, Depletion And Amortization $447.0K $120.0K $430.0K
YoY Change 3.95% 20.0% 10.26%
Cash From Operating Activities $6.066M $2.080M $6.141M
YoY Change -1.22% -2.8% 19.71%
INVESTING ACTIVITIES
Capital Expenditures $383.0K -$60.00K $689.0K
YoY Change -44.41% -25.0% -322.26%
Acquisitions
YoY Change
Other Investing Activities -$44.86M -$22.80M -$50.19M
YoY Change -10.62% -52.01% -32.08%
Cash From Investing Activities -$45.24M -$22.86M -$50.88M
YoY Change -11.08% -51.96% -31.44%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $3.339M $43.24M
YoY Change -92.28%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 37.56M 19.21M -7.575M
YoY Change -595.88% -80.32% -106.17%
NET CHANGE
Cash From Operating Activities 6.066M 2.080M 6.141M
Cash From Investing Activities -45.24M -22.86M -50.88M
Cash From Financing Activities 37.56M 19.21M -7.575M
Net Change In Cash -1.613M -1.570M -52.31M
YoY Change -96.92% -103.01% -197.47%
FREE CASH FLOW
Cash From Operating Activities $6.066M $2.080M $6.141M
Capital Expenditures $383.0K -$60.00K $689.0K
Free Cash Flow $5.683M $2.140M $5.452M
YoY Change 4.24% -3.6% 0.22%

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CY2013Q2 us-gaap Advances From Federal Home Loan Banks
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CY2013Q2 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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CY2013Q2 us-gaap Time Deposits100000 Or More
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CY2013Q2 us-gaap Related Party Deposit Liabilities
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CY2013Q2 us-gaap Deposits
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CY2013Q2 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From Three To Four Years Of Balance Sheet Date
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CY2013Q2 us-gaap Common Stock Value
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CY2013Q2 us-gaap Liabilities And Stockholders Equity
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CY2013Q2 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
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CY2013Q2 us-gaap Liabilities
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CY2013Q2 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From One To Two Years Of Balance Sheet Date
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CY2013Q2 us-gaap Deferred Compensation Arrangement With Individual Recorded Liability
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CY2013Q2 us-gaap Federal Home Loan Bank Advances Maturities Summary Due Within One Year Of Balance Sheet Date
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CY2013Q2 us-gaap Commitments And Contingencies
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CY2013Q2 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
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CY2013Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
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CY2013Q2 us-gaap Cash And Due From Banks
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CY2013Q2 us-gaap Loans And Leases Receivable Commercial
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CY2013Q2 us-gaap Available For Sale Securities Amortized Cost
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CY2013Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
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CY2013Q2 us-gaap Time Deposits At Carrying Value
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CY2013Q2 us-gaap Pledged Assets Separately Reported Securities Pledged As Collateral At Fair Value
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CY2013Q2 us-gaap Defined Benefit Plan Funded Status Of Plan
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CY2013Q2 us-gaap Assets
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CY2013Q2 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
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3286000
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CY2013Q2 us-gaap Escrow Deposit
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CY2013Q2 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
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CY2013Q2 us-gaap Foreclosed Assets
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6306000
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CY2013Q2 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
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CY2013Q2 us-gaap Available For Sale Securities
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CY2013Q2 us-gaap Federal Home Loan Bank Stock
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CY2013Q2 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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CY2013Q2 us-gaap Financing Receivable Recorded Investment Equal To Greater Than90 Days Past Due
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60549000
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4293000
CY2013Q2 iroq Maximum Amount Of Other Secured Loans Residential Mortgage Loans Can Be Approved By Loan Officer
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50000
CY2013Q2 iroq Commitments To Originate Loans
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CY2013Q2 iroq Brokered Certificates Of Deposit
BrokeredCertificatesOfDeposit
37829000
CY2013Q2 iroq Loans Receivable Gross One To Four Family Including Home Equity Loans
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147221000
CY2013Q2 iroq Maximum Amount Of Unsecured Loans Residential Mortgage Loans Can Be Approved By Managing Officer
MaximumAmountOfUnsecuredLoansResidentialMortgageLoansCanBeApprovedByManagingOfficer
100000
CY2013Q2 iroq Maximum Amount Other Secured Loans Residential Mortgage Loans Can Be Approved By Managing Officer
MaximumAmountOtherSecuredLoansResidentialMortgageLoansCanBeApprovedByManagingOfficer
300000
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58442000
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49000
CY2013Q2 iroq Maximum Amount Of One To Four Family Residential Mortgage Loans Can Be Approved By Loan Officer
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100000
CY2013Q2 iroq Impaired Loans Receivable Fair Value Disclosure
ImpairedLoansReceivableFairValueDisclosure
581000
CY2013Q2 iroq Loans Listed That Were Not Nonaccrual
LoansListedThatWereNotNonaccrual
661000
CY2013Q2 iroq Maximum Amount Of Unsecured Loans Residential Mortgage Loans Can Be Approved By Loan Officer
MaximumAmountOfUnsecuredLoansResidentialMortgageLoansCanBeApprovedByLoanOfficer
10000
CY2013Q2 iroq Agreement Maturity Date
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2013-07-05
CY2013Q2 iroq Deferred Loan Fees
DeferredLoanFees
111000
CY2013Q2 iroq Maximum Individual Loan Amount Of One To Four Family Residential Mortgage Loans Commercial Real Estate Loans Multi Family Real Estate Loans And Land Loans Can Be Approved By Loan Committee
MaximumIndividualLoanAmountOfOneToFourFamilyResidentialMortgageLoansCommercialRealEstateLoansMultiFamilyRealEstateLoansAndLandLoansCanBeApprovedByLoanCommittee
750000
CY2013Q2 iroq Accumulated Other Comprehensive Income Loss Tax Effect
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259000
CY2013Q2 iroq Commitments Outstanding Amount
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12020000
CY2013Q2 iroq Debt Securities Greater Than Stated Percentage Of Equity Securities
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0.10 pure
CY2013Q2 iroq Fair Value Foreclosed Assets
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399000
CY2013Q2 iroq Fair Value Of Unearned Esop Shares
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5293000
CY2013Q2 iroq Maximum Amount Of One To Four Family Residential Mortgage Loans Can Be Approved By Managing Officer
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300000
CY2013Q2 iroq Temporarily Impaired Debt Securities Percentage Of Investment Securities Portfolio
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0.55 pure
CY2013Q2 iroq Accumulated Other Comprehensive Income Loss Before Tax One
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CY2013Q2 iroq Maximum Amount Of Unsecured Loans Residential Mortgage Loans Can Be Approved By Loan Committee
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300000
CY2013Q2 iroq Maximum Aggregate Loan Amount Of One To Four Family Residential Mortgage Loans Commercial Real Estate Loans Multi Family Real Estate Loans And Land Loans Can Be Approved By Loan Committee
MaximumAggregateLoanAmountOfOneToFourFamilyResidentialMortgageLoansCommercialRealEstateLoansMultiFamilyRealEstateLoansAndLandLoansCanBeApprovedByLoanCommittee
1000000
CY2013Q2 iroq Weighted Average Interest Rates For Fixed Rate Loan Commitments
WeightedAverageInterestRatesForFixedRateLoanCommitments
0.0380 pure
CY2013Q2 iroq Deferred Tax Liabilities Federal Home Loan Bank Stock Dividends
DeferredTaxLiabilitiesFederalHomeLoanBankStockDividends
313000
CY2013Q2 iroq Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses Accumulated In Investments
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments
CY2013Q2 iroq Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses Accumulated In Investments
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments
4675000
CY2013Q2 iroq Available For Sale Securities Gross Unrealized Loss Accumulated In Investments
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4675000
CY2013Q2 iroq Available For Sale Debt Securities Gross Unrealized Gain Accumulated In Investments
AvailableForSaleDebtSecuritiesGrossUnrealizedGainAccumulatedInInvestments
4675000
CY2013Q2 iroq Available For Sale Securities Gross Unrealized Gain Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments
4183000
CY2013Q2 iroq Deferred Tax Liabilities Mortgage Servicing Right
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202000
CY2013Q2 iroq Deferred Tax Assets Tax Postretirement Health Plan
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33000
CY2013Q2 iroq Federal Home Loan Bank Advances Interest Rate Range To
FederalHomeLoanBankAdvancesInterestRateRangeTo
0.0455 pure
CY2013Q2 iroq Amount Deferred Income Tax Liabilities Expected To Reverse Into Taxable Income
AmountDeferredIncomeTaxLiabilitiesExpectedToReverseIntoTaxableIncome
754000
CY2013Q2 iroq Deferred Tax Assets Unrealized Gains On Available For Sale Securities Gross
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CY2013Q2 iroq Deferred Tax Assets Tax Charitable Foundation Contribution
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943000
CY2013Q2 iroq Mortgage Loans Secured For Federal Home Loan Banks Advances
MortgageLoansSecuredForFederalHomeLoanBanksAdvances
170715000
CY2013Q2 iroq Retained Earnings Excluding Deferred Federal Income Tax Liability
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2217000
CY2013Q2 iroq Federal Home Loan Bank Advances Interest Rate Range From
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0.0015 pure
CY2012Q3 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
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240563 shares
CY2012Q3 iroq Percentage Of Outstanding Shares
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0.05 pure
CY2013Q3 dei Entity Common Stock Shares Outstanding
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4570692 shares
CY2012Q4 dei Entity Public Float
EntityPublicFloat
55398844
CY2011Q1 us-gaap Common Stock Par Or Stated Value Per Share
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0.01
CY2011Q1 iroq Percentage Of Subscribed Share Donated
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0.07 pure
CY2011Q1 iroq Number Of Share Donated
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314755 shares
CY2011Q3 iroq Donated Shares Of Common Stock Per Share Value
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10.00
CY2011Q3 iroq Conversion Of Common Stock Per Share
ConversionOfCommonStockPerShare
10
CY2011Q3 iroq Number Of Common Stock Shares Subscriptions
NumberOfCommonStockSharesSubscriptions
4496500 shares
iroq Proceeds From Subscribed Convertible Common Stock
ProceedsFromSubscribedConvertibleCommonStock
44965000
CY2013 dei Entity Registrant Name
EntityRegistrantName
IF Bancorp, Inc.
CY2013 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2013 dei Amendment Flag
AmendmentFlag
false
CY2013 dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
CY2013 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
CY2013 dei Document Type
DocumentType
10-K
CY2013 dei Document Period End Date
DocumentPeriodEndDate
2013-06-30
CY2013 dei Entity Central Index Key
EntityCentralIndexKey
0001514743
CY2013 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2013 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--06-30
CY2013 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2013 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
0 shares
CY2013 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.34 pure
CY2013 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.357 pure
CY2013 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
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CY2013 us-gaap Net Cash Provided By Used In Operating Activities
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6066000
CY2013 us-gaap Earnings Per Share Basic And Diluted
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CY2013 us-gaap Weighted Average Number Of Shares Issued Basic
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4677069 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
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4321036 shares
CY2013 us-gaap Defined Benefit Plan Ultimate Health Care Cost Trend Rate
DefinedBenefitPlanUltimateHealthCareCostTrendRate
0.10 pure
CY2013 us-gaap Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released
WeightedAverageNumberOfSharesEmployeeStockOwnershipPlanSharesNotCommittedToBeReleased
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CY2013 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
4 Modification
CY2013 us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="MARGIN-TOP: 18px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2"><b><i>Use of Estimates</i></b></font></p> <p style="MARGIN-TOP: 6px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 8%"> <font style="FONT-FAMILY: Times New Roman" size="2">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</font></p> <p style="MARGIN-TOP: 6px; MARGIN-BOTTOM: 0px; FONT-SIZE: 1px"> &#xA0;</p> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 8%"> <font style="FONT-FAMILY: Times New Roman" size="2">Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan losses and the valuation of real estate acquired in connection with foreclosures or in satisfaction of loans, fair value measurements and classifications of investment securities, loan servicing rights and income taxes.</font></p> </div>
CY2013 us-gaap Employee Stock Ownership Plan Esop Shares Contributed To Esop
EmployeeStockOwnershipPlanESOPSharesContributedToESOP
384900 shares
CY2013 us-gaap Interest Paid Net
InterestPaidNet
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CY2013 us-gaap Interest Income Expense Net
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14511000
CY2013 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
13916000
CY2013 us-gaap Comprehensive Income Net Of Tax
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-1833000
CY2013 us-gaap Available For Sale Securities Gross Realized Gains
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829000
CY2013 us-gaap Fees And Commissions Depositor Accounts
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547000
CY2013 us-gaap Income Taxes Paid Net
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2165000
CY2013 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
159881000
CY2013 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
16000
CY2013 us-gaap Repayments Of Federal Home Loan Bank Borrowings
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575500000
CY2013 us-gaap Interest Income Securities Taxable
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5023000
CY2013 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
-8852000
CY2013 us-gaap Payments To Purchase Loans Held For Sale
PaymentsToPurchaseLoansHeldForSale
22687000
CY2013 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-382000
CY2013 us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
58000
CY2013 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-5543000
CY2013 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-5477000
CY2013 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
11000
CY2013 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
-48000
CY2013 us-gaap Defined Benefit Plan Future Amortization Of Gain Loss
DefinedBenefitPlanFutureAmortizationOfGainLoss
-12000
CY2013 us-gaap Fees And Commissions Other
FeesAndCommissionsOther
271000
CY2013 us-gaap Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
724000
CY2013 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-8128000
CY2013 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
62000
CY2013 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
1000
CY2013 us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
704000
CY2013 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
58000
CY2013 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
146000
CY2013 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
-173000
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
5767000
CY2013 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
17610000
CY2013 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
44000
CY2013 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
12445000
CY2013 us-gaap Net Income Loss
NetIncomeLoss
3710000
CY2013 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
57518000
CY2013 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-55000
CY2013 us-gaap Defined Benefit Plan Effect Of One Percentage Point Decrease On Service And Interest Cost Components1
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnServiceAndInterestCostComponents1
-1000
CY2013 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-1293000
CY2013 us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
673000
CY2013 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
692000
CY2013 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
116000
CY2013 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-5543000
CY2013 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
262000
CY2013 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
673000
CY2013 us-gaap Loans And Leases Receivable Commitments Fixed Rates
LoansAndLeasesReceivableCommitmentsFixedRates
8520000
CY2013 us-gaap Brokerage Commissions Revenue
BrokerageCommissionsRevenue
616000
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
292000
CY2013 us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
1250000
CY2013 us-gaap Noninterest Income
NoninterestIncome
4489000
CY2013 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Accumulated Postretirement Benefit Obligation
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnAccumulatedPostretirementBenefitObligation
66000
CY2013 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
-44000
CY2013 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
383000
CY2013 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-8962000
CY2013 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-5045000
CY2013 us-gaap Noninterest Expense
NoninterestExpense
12638000
CY2013 us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
588000000
CY2013 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
48000
CY2013 us-gaap Noninterest Expense Printing And Fulfillment
NoninterestExpensePrintingAndFulfillment
165000
CY2013 us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
26411000
CY2013 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
37563000
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Transition Asset Obligation Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetTransitionAssetObligationBeforeTax
-32000
CY2013 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
23187000
CY2013 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
78000
CY2013 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
595000
CY2013 us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
-3083000
CY2013 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
272000
CY2013 us-gaap Interest Expense Now Accounts Money Market Accounts And Savings Deposits
InterestExpenseNOWAccountsMoneyMarketAccountsAndSavingsDeposits
303000
CY2013 us-gaap Other Noninterest Expense
OtherNoninterestExpense
1293000
CY2013 us-gaap Equipment Expense
EquipmentExpense
943000
CY2013 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
103000
CY2013 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
3339000
CY2013 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-1613000
CY2013 us-gaap Defined Benefit Plan Benefits Paid
DefinedBenefitPlanBenefitsPaid
68000
CY2013 us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
175000
CY2013 us-gaap Defined Benefit Plan Amortization Of Transition Obligations Assets
DefinedBenefitPlanAmortizationOfTransitionObligationsAssets
33000
CY2013 us-gaap Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
851000
CY2013 us-gaap Defined Benefit Plans Estimated Future Employer Contributions In Next Fiscal Year
DefinedBenefitPlansEstimatedFutureEmployerContributionsInNextFiscalYear
66000
CY2013 us-gaap Interest Expense Time Deposits
InterestExpenseTimeDeposits
1843000
CY2013 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
147917000
CY2013 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
66000
CY2013 us-gaap Increase Decrease In Postretirement Obligations
IncreaseDecreaseInPostretirementObligations
51000
CY2013 us-gaap Interest Expense
InterestExpense
3099000
CY2013 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
369000
CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
1961000
CY2013 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
250000
CY2013 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
79000
CY2013 us-gaap Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance
IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance
11000
CY2013 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
6494000
CY2013 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-45242000
CY2013 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Service And Interest Cost Components
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnServiceAndInterestCostComponents
1000
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
94000
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
432000
CY2013 us-gaap Proceeds From Payments For In Securities Sold Under Agreements To Repurchase
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
1674000
CY2013 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
168000
CY2013 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
105000
CY2013 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
291000
CY2013 us-gaap Interest Expense Deposits
InterestExpenseDeposits
2234000
CY2013 us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-112000
CY2013 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-3419000
CY2013 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1979000
CY2013 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
25022000
CY2013 us-gaap Occupancy Net
OccupancyNet
513000
CY2013 us-gaap Professional Fees
ProfessionalFees
381000
CY2013 us-gaap Depreciation
Depreciation
447000
CY2013 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
48000
CY2013 us-gaap Labor And Related Expense
LaborAndRelatedExpense
7892000
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
724000
CY2013 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
38000
CY2013 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
110000
CY2013 us-gaap Advertising Expense
AdvertisingExpense
343000
CY2013 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
68000
CY2013 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
1000
CY2013 us-gaap Defined Benefit Plan Effect Of One Percentage Point Decrease On Accumulated Postretirement Benefit Obligation1
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnAccumulatedPostretirementBenefitObligation1
-82000
CY2013 us-gaap Defined Benefit Plan Amortization Of Net Transition Asset Obligation
DefinedBenefitPlanAmortizationOfNetTransitionAssetObligation
-33000
CY2013 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-168000
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2057000
CY2013 iroq Supervisory Examinations
SupervisoryExaminations
141000
CY2013 iroq Repurchased Shares Average Price
RepurchasedSharesAveragePrice
13.88
CY2013 iroq Conversion Costs
ConversionCosts
1730000
CY2013 iroq Percentage Of Shares To Be Purchased For Esop From Borrowed Fund
PercentageOfSharesToBePurchasedForEsopFromBorrowedFund
0.08 pure
CY2013 iroq Payments On Loan Principal
PaymentsOnLoanPrincipal
143000
CY2013 iroq Organizational Dues And Subscriptions
OrganizationalDuesAndSubscriptions
48000
CY2013 iroq Charitable Contributions
CharitableContributions
16000
CY2013 iroq Net Increase Decrease In Demand Deposits Money Market Now And Savings Accounts
NetIncreaseDecreaseInDemandDepositsMoneyMarketNowAndSavingsAccounts
306000
CY2013 iroq Insurance Bond Premiums
InsuranceBondPremiums
115000
CY2013 iroq Term Period On Residential Mortgage Loan
TermPeriodOnResidentialMortgageLoan
P15Y
CY2013 iroq Minimum Hours Of Service To Perform By Employee To Avail Benefits Under Esop
MinimumHoursOfServiceToPerformByEmployeeToAvailBenefitsUnderEsop
1000 H
CY2013 iroq Closing Price Of Share To Calculate Unearned Esop Shares
ClosingPriceOfShareToCalculateUnearnedEsopShares
15.28
CY2013 iroq Donated Shares Of Common Stock
DonatedSharesOfCommonStock
10.00
CY2013 iroq Benefits Paid
BenefitsPaid
68000
CY2013 iroq Financing Receivable Modifications Recorded Investments
FinancingReceivableModificationsRecordedInvestments
239000
CY2013 iroq Percentage Of Shares Purchased Under Employee Stock Ownership Plan
PercentageOfSharesPurchasedUnderEmployeeStockOwnershipPlan
0.08 pure
CY2013 iroq Interest Bearing Deposits Maturity Period
InterestBearingDepositsMaturityPeriod
P5Y
CY2013 iroq Securities Sold Under Repurchase Agreements Average Balance
SecuritiesSoldUnderRepurchaseAgreementsAverageBalance
692000
CY2013 iroq Esop Shares Earned
EsopSharesEarned
272000
CY2013 iroq Value Of Shares Issued Under Employee Stock Ownership Plan
ValueOfSharesIssuedUnderEmployeeStockOwnershipPlan
3849000
CY2013 iroq Accrual Of Interest On Loans Due Discontinued Period
AccrualOfInterestOnLoansDueDiscontinuedPeriod
P90D
CY2013 iroq Percentage Of Accrued Benefits To Be Vested By Participants
PercentageOfAccruedBenefitsToBeVestedByParticipants
1.00 pure
CY2013 iroq Shares To Be Purchased For Esop From Borrowed Fund
SharesToBePurchasedForEsopFromBorrowedFund
384900 shares
CY2013 iroq Payments On Loan For Employee Stock Ownership Plan
PaymentsOnLoanForEmployeeStockOwnershipPlan
262000
CY2013 iroq Telephone And Postage
TelephoneAndPostage
282000
CY2013 iroq Interest Rate Adjustment Period
InterestRateAdjustmentPeriod
P1Y
CY2013 iroq Minimum Age To Be Attained By Employee To Avail Benefits Under Esop
MinimumAgeToBeAttainedByEmployeeToAvailBenefitsUnderEsop
21 Age
CY2013 iroq Federal Home Loan Bank Dividends
FederalHomeLoanBankDividends
15000
CY2013 iroq Postretirement Health Plan
PostretirementHealthPlan
110000
CY2013 iroq Expected Loan Repayment Period
ExpectedLoanRepaymentPeriod
P20Y
CY2013 iroq Payments On Loan Interest
PaymentsOnLoanInterest
119000
CY2013 iroq Minimum Number Of Due Days To Consider As Defaults
MinimumNumberOfDueDaysToConsiderAsDefaults
P90D
CY2013 iroq Audit And Accounting Services
AuditAndAccountingServices
160000
CY2013 iroq Percentage Of Donated Share Of Common Stock
PercentageOfDonatedShareOfCommonStock
0.07 pure
CY2013 iroq Securities Sold Under Repurchase Agreements Maximum Balance
SecuritiesSoldUnderRepurchaseAgreementsMaximumBalance
1691000
CY2013 iroq Repayment Of Loans From Related Parties
RepaymentOfLoansFromRelatedParties
1009000
CY2013 iroq Esop Shares Earned Shares
ESOPSharesEarnedShares
19245 shares
CY2013 iroq Income Tax Reconciliation Cash Surrender Value Of Life Insurance
IncomeTaxReconciliationCashSurrenderValueOfLifeInsurance
89000
CY2013 iroq Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvances
865000
CY2013 iroq Increase In Loans To Related Parties
IncreaseInLoansToRelatedParties
1392000
CY2013 iroq Interest Expense Deposit Type Brokered Certificates Of Deposit
InterestExpenseDepositTypeBrokeredCertificatesOfDeposit
88000
CY2013 iroq Benefit Costs
BenefitCosts
103000
CY2013 iroq Unpaid Principal Balances Of Mortgage Loans Serviced For Others
UnpaidPrincipalBalancesOfMortgageLoansServicedForOthers
74730000
CY2012 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.34 pure
CY2012 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.285 pure
CY2012 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
6141000
CY2012 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.32
CY2012 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
4811255 shares
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4435977 shares
CY2012 us-gaap Defined Benefit Plan Ultimate Health Care Cost Trend Rate
DefinedBenefitPlanUltimateHealthCareCostTrendRate
0.10 pure
CY2012 us-gaap Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released
WeightedAverageNumberOfSharesEmployeeStockOwnershipPlanSharesNotCommittedToBeReleased
-375278 shares
CY2012 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
15 Modification
CY2012 us-gaap Employee Stock Ownership Plan Esop Shares Contributed To Esop
EmployeeStockOwnershipPlanESOPSharesContributedToESOP
384900 shares
CY2012 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
4811255 shares
CY2012 us-gaap Interest Paid Net
InterestPaidNet
3899000
CY2012 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
14217000
CY2012 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
13092000
CY2012 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
4445000
CY2012 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
532000
CY2012 us-gaap Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
600000
CY2012 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2169000
CY2012 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
199033000
CY2012 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
16000
CY2012 us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
505000000
CY2012 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
5680000
CY2012 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
5083000
CY2012 us-gaap Payments To Purchase Loans Held For Sale
PaymentsToPurchaseLoansHeldForSale
16423000
CY2012 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-988000
CY2012 us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
1317000
CY2012 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
3045000
CY2012 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
3151000
CY2012 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
20000
CY2012 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
-48000
CY2012 us-gaap Fees And Commissions Other
FeesAndCommissionsOther
223000
CY2012 us-gaap Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
523000
CY2012 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
5606000
CY2012 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
108000
CY2012 us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
690000
CY2012 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
74000
CY2012 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
1725000
CY2012 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
164000
CY2012 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
177000
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1959000
CY2012 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
18001000
CY2012 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
56000
CY2012 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
12177000
CY2012 us-gaap Net Income Loss
NetIncomeLoss
1400000
CY2012 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
21332000
CY2012 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
36000
CY2012 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-1172000
CY2012 us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
317000
CY2012 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
572000
CY2012 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
120000
CY2012 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
3045000
CY2012 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
259000
CY2012 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
317000
CY2012 us-gaap Loans And Leases Receivable Commitments Fixed Rates
LoansAndLeasesReceivableCommitmentsFixedRates
6133000
CY2012 us-gaap Brokerage Commissions Revenue
BrokerageCommissionsRevenue
521000
CY2012 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
211000
CY2012 us-gaap Held To Maturity Securities Transferred To Available For Sale Securities Unrealized Gain Loss
HeldToMaturitySecuritiesTransferredToAvailableForSaleSecuritiesUnrealizedGainLoss
2069000
CY2012 us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
1054000
CY2012 us-gaap Noninterest Income
NoninterestIncome
3705000
CY2012 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
-65000
CY2012 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
46388000
CY2012 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
689000
CY2012 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
4912000
CY2012 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
3463000
CY2012 us-gaap Noninterest Expense
NoninterestExpense
14838000
CY2012 us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
557500000
CY2012 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
45000
CY2012 us-gaap Noninterest Expense Printing And Fulfillment
NoninterestExpensePrintingAndFulfillment
161000
CY2012 us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
-5190000
CY2012 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-7575000
CY2012 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Transition Asset Obligation Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetTransitionAssetObligationBeforeTax
-33000
CY2012 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
16819000
CY2012 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1402000
CY2012 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
1125000
CY2012 us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
2143000
CY2012 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
224000
CY2012 us-gaap Interest Expense Now Accounts Money Market Accounts And Savings Deposits
InterestExpenseNOWAccountsMoneyMarketAccountsAndSavingsDeposits
354000
CY2012 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-52313000
CY2012 us-gaap Defined Benefit Plan Benefits Paid
DefinedBenefitPlanBenefitsPaid
65000
CY2012 us-gaap Other Noninterest Expense
OtherNoninterestExpense
1069000
CY2012 us-gaap Equipment Expense
EquipmentExpense
720000
CY2012 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
124000
CY2012 us-gaap Servicing Asset At Fair Value Additions
ServicingAssetAtFairValueAdditions
101000
CY2012 us-gaap Defined Benefit Plan Amortization Of Transition Obligations Assets
DefinedBenefitPlanAmortizationOfTransitionObligationsAssets
33000
CY2012 us-gaap Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
795000
CY2012 us-gaap Interest Expense Time Deposits
InterestExpenseTimeDeposits
2502000
CY2012 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
67306000
CY2012 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
106000
CY2012 us-gaap Increase Decrease In Postretirement Obligations
IncreaseDecreaseInPostretirementObligations
80000
CY2012 us-gaap Interest Expense
InterestExpense
3784000
CY2012 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
90000
CY2012 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
43240000
CY2012 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
666000
CY2012 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
851000
CY2012 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
92000
CY2012 us-gaap Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance
IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance
114000
CY2012 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
5558000
CY2012 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-50879000
CY2012 us-gaap Employee Stock Ownership Plan Esop Cash Contributions To Esop
EmployeeStockOwnershipPlanESOPCashContributionsToESOP
3849000
CY2012 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
156000
CY2012 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
312000
CY2012 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
7000
CY2012 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
9000
CY2012 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
287000
CY2012 us-gaap Interest Expense Deposits
InterestExpenseDeposits
2876000
CY2012 us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-51000
CY2012 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
1867000
CY2012 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1961000
CY2012 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
103128000
CY2012 us-gaap Occupancy Net
OccupancyNet
449000
CY2012 us-gaap Professional Fees
ProfessionalFees
325000
CY2012 us-gaap Depreciation
Depreciation
430000
CY2012 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
48000
CY2012 us-gaap Labor And Related Expense
LaborAndRelatedExpense
7189000
CY2012 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
523000
CY2012 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
47000
CY2012 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-129000
CY2012 us-gaap Advertising Expense
AdvertisingExpense
317000
CY2012 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
56000
CY2012 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-115000
CY2012 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-93000
CY2012 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
559000
CY2012 iroq Acquisition Of Shares Of Companys Common Stock Under Initial Public Offering
AcquisitionOfSharesOfCompanysCommonStockUnderInitialPublicOffering
384900 shares
CY2012 iroq Supervisory Examinations
SupervisoryExaminations
162000
CY2012 iroq Organizational Dues And Subscriptions
OrganizationalDuesAndSubscriptions
48000
CY2012 iroq Charitable Contributions
CharitableContributions
3611000
CY2012 iroq Net Increase Decrease In Demand Deposits Money Market Now And Savings Accounts
NetIncreaseDecreaseInDemandDepositsMoneyMarketNowAndSavingsAccounts
-94390000
CY2012 iroq Insurance Bond Premiums
InsuranceBondPremiums
105000
CY2012 iroq Closing Price Of Share To Calculate Unearned Esop Shares
ClosingPriceOfShareToCalculateUnearnedEsopShares
13.24
CY2012 iroq Number Of Donated Shares Of Common Stock
NumberOfDonatedSharesOfCommonStock
314755 shares
CY2012 iroq Benefits Paid
BenefitsPaid
56000
CY2012 iroq Company Loan To Employee Stock Ownership Plan
CompanyLoanToEmployeeStockOwnershipPlan
3849000
CY2012 iroq Acquisition Of Esop Shares
AcquisitionOfESOPShares
3849000
CY2012 iroq Financing Receivable Modifications Recorded Investments
FinancingReceivableModificationsRecordedInvestments
2435000
CY2012 iroq Securities Sold Under Repurchase Agreements Average Balance
SecuritiesSoldUnderRepurchaseAgreementsAverageBalance
0
CY2012 iroq Donation Of Shares Value
DonationOfSharesValue
-3148000
CY2012 iroq Esop Shares Earned
EsopSharesEarned
224000
CY2012 iroq Telephone And Postage
TelephoneAndPostage
227000
CY2012 iroq Federal Home Loan Bank Dividends
FederalHomeLoanBankDividends
4000
CY2012 iroq Postretirement Health Plan
PostretirementHealthPlan
171000
CY2012 iroq Audit And Accounting Services
AuditAndAccountingServices
204000
CY2012 iroq Securities Sold Under Repurchase Agreements Maximum Balance
SecuritiesSoldUnderRepurchaseAgreementsMaximumBalance
0
CY2012 iroq Donation Of Shares
DonationOfShares
314755 shares
CY2012 iroq Repayment Of Loans From Related Parties
RepaymentOfLoansFromRelatedParties
1143000
CY2012 iroq Esop Shares Earned Shares
ESOPSharesEarnedShares
19245 shares
CY2012 iroq Income Tax Reconciliation Cash Surrender Value Of Life Insurance
IncomeTaxReconciliationCashSurrenderValueOfLifeInsurance
88000
CY2012 iroq Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvances
908000
CY2012 iroq Increase In Loans To Related Parties
IncreaseInLoansToRelatedParties
475000
CY2012 iroq Interest Expense Deposit Type Brokered Certificates Of Deposit
InterestExpenseDepositTypeBrokeredCertificatesOfDeposit
20000
CY2012 iroq Benefit Costs
BenefitCosts
124000
CY2012 iroq Unpaid Principal Balances Of Mortgage Loans Serviced For Others
UnpaidPrincipalBalancesOfMortgageLoansServicedForOthers
66721000
CY2011Q3 iroq Cash Donation
CashDonation
450000
CY2011Q3 iroq Number Of Donated Shares Of Common Stock
NumberOfDonatedSharesOfCommonStock
314755 shares
CY2011Q3 iroq Value Of Donated Shares Of Common Stock
ValueOfDonatedSharesOfCommonStock
3147550
CY2011Q3 iroq Value Of Donated Stock And Cash Expensed
ValueOfDonatedStockAndCashExpensed
3597550
CY2011Q3 iroq Approximated Amount Refunded To Subscribers
ApproximatedAmountRefundedToSubscribers
68900000

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