2014 Q2 Form 10-Q Financial Statement

#000119312514194458 Filed on May 12, 2014

View on sec.gov

Income Statement

Concept 2014 Q2 2014 Q1 2013 Q1
Revenue $4.814M $4.395M
YoY Change 9.53% -2.22%
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 $120.0K $100.0K $110.0K
YoY Change 9.09% -9.09% 0.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $789.0K $755.0K
YoY Change 4.5% -18.02%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $1.570M $1.274M $1.442M
YoY Change 6.08% -11.65% 8.75%
Income Tax $570.0K $440.0K $518.0K
% Of Pretax Income 36.31% 34.54% 35.92%
Net Earnings $1.000M $834.0K $924.0K
YoY Change 6.38% -9.74% 8.96%
Net Earnings / Revenue 17.32% 21.02%
Basic Earnings Per Share $0.21 $0.22
Diluted Earnings Per Share $241.5K $0.21 $0.22
COMMON SHARES
Basic Shares Outstanding 4.428M shares 4.013M shares 4.261M shares
Diluted Shares Outstanding 4.013M shares 4.261M shares

Balance Sheet

Concept 2014 Q2 2014 Q1 2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $12.73M $12.46M $13.40M
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 $5.124M $4.900M $4.301M
YoY Change 19.36% 13.93% -2.25%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.100M $2.800M $700.0K
YoY Change -34.38% 300.0% 133.33%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $551.3M $578.3M $549.3M
YoY Change 0.7% 5.28% 12.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.100M $1.400M $1.400M
YoY Change 10.0% 0.0% 0.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $2.300M $2.700M $1.700M
YoY Change 35.29% 58.82%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.100M $1.400M $1.400M
YoY Change 10.0% 0.0% 0.0%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $4.500M $4.500M $4.000M
YoY Change 2.27% 12.5% 5.26%
Total Long-Term Liabilities $4.500M $4.500M $4.000M
YoY Change 2.27% 12.5% 5.26%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.100M $1.400M $1.400M
Total Long-Term Liabilities $4.500M $4.500M $4.000M
Total Liabilities $469.3M $497.5M $464.2M
YoY Change 0.75% 7.18% 14.58%
SHAREHOLDERS EQUITY
Retained Earnings $37.54M $37.35M $38.56M
YoY Change -3.98% -3.15%
Common Stock $46.73M $44.00K $46.00K
YoY Change 101493.48% -4.35%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $82.09M $80.87M $85.16M
YoY Change
Total Liabilities & Shareholders Equity $551.3M $578.3M $549.3M
YoY Change 0.7% 5.28% 12.08%

Cashflow Statement

Concept 2014 Q2 2014 Q1 2013 Q1
OPERATING ACTIVITIES
Net Income $1.000M $834.0K $924.0K
YoY Change 6.38% -9.74% 8.96%
Depreciation, Depletion And Amortization $120.0K $100.0K $110.0K
YoY Change 9.09% -9.09% 0.0%
Cash From Operating Activities $2.030M $1.400M $1.340M
YoY Change -13.98% 4.48% 44.09%
INVESTING ACTIVITIES
Capital Expenditures -$340.0K -$260.0K -$30.00K
YoY Change 240.0% 766.67% -80.0%
Acquisitions
YoY Change
Other Investing Activities $27.82M -$2.980M -$27.62M
YoY Change -380.16% -89.21% 112.3%
Cash From Investing Activities $27.48M -$3.240M -$27.66M
YoY Change -373.98% -88.29% 110.18%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -29.24M 7.280M 28.38M
YoY Change -3580.95% -74.35% 284.03%
NET CHANGE
Cash From Operating Activities 2.030M 1.400M 1.340M
Cash From Investing Activities 27.48M -3.240M -27.66M
Cash From Financing Activities -29.24M 7.280M 28.38M
Net Change In Cash 270.0K 5.440M 2.060M
YoY Change -103.95% 164.08% -142.56%
FREE CASH FLOW
Cash From Operating Activities $2.030M $1.400M $1.340M
Capital Expenditures -$340.0K -$260.0K -$30.00K
Free Cash Flow $2.370M $1.660M $1.370M
YoY Change -3.66% 21.17% 26.85%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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dei Entity Registrant Name
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us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
16.63
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
2.54
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
4472000
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
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us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
167000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
16.63
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
4474147 shares
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P6Y9M
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4134954 shares
us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
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us-gaap Interest Income Securities Taxable
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us-gaap Payments To Purchase Loans Held For Sale
PaymentsToPurchaseLoansHeldForSale
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us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
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us-gaap Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released
WeightedAverageNumberOfSharesEmployeeStockOwnershipPlanSharesNotCommittedToBeReleased
339193 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
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us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
4
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
228535 shares
us-gaap Common Stock Dividends Per Share Cash Paid
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
shares
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
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us-gaap Interest Paid Net
InterestPaidNet
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us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
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us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
11412000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
3044000
us-gaap Available For Sale Securities Gross Realized Gains
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596000
us-gaap Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
406000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1391000
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
63299000
us-gaap Gain Loss On Sale Of Loans And Leases
GainLossOnSaleOfLoansAndLeases
77000
us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
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us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
586000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
571000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
597000
us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
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us-gaap Fees And Commissions Other
FeesAndCommissionsOther
89000
us-gaap Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
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us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
51000
us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
550000
us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
98000
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
336000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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3765000
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
14127000
us-gaap Impaired Financing Receivable Interest Income Accrual Method
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76000
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
10273000
us-gaap Net Income Loss
NetIncomeLoss
2473000
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
12390000
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us-gaap Accretion Amortization Of Discounts And Premiums Investments
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-759000
us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
159000
us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
446000
us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
76000
us-gaap Bank Owned Life Insurance Income
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202000
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
236000
us-gaap Brokerage Commissions Revenue
BrokerageCommissionsRevenue
508000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
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80000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
3798000
us-gaap Noninterest Income
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2238000
us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
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-19000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
911000
us-gaap Payments Of Dividends
PaymentsOfDividends
211000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
478000
us-gaap Noninterest Expense
NoninterestExpense
9885000
us-gaap Proceeds From Federal Home Loan Bank Borrowings
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309000000
us-gaap Noninterest Expense Printing And Fulfillment
NoninterestExpensePrintingAndFulfillment
120000
us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
28810000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
27521000
us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
6905000
us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
432000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
51000
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
366000
us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
322000
us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
234000
us-gaap Other Noninterest Expense
OtherNoninterestExpense
849000
us-gaap Equipment Expense
EquipmentExpense
658000
us-gaap Share Based Compensation
ShareBasedCompensation
69000
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
3798000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
5881000
us-gaap Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
414000
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
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us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
26000
us-gaap Increase Decrease In Postretirement Obligations
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106000
us-gaap Interest Expense
InterestExpense
2349000
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
224000
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
1280000
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
434000
us-gaap Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance
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356000
us-gaap Impaired Financing Receivable Average Recorded Investment
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5080000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
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407000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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-119000
us-gaap Increase Decrease In Other Operating Liabilities
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-246000
us-gaap Available For Sale Securities Gross Realized Losses
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795000
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
210000
us-gaap Interest Expense Deposits
InterestExpenseDeposits
1732000
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
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7398000
us-gaap Occupancy Net
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386000
us-gaap Professional Fees
ProfessionalFees
278000
us-gaap Depreciation
Depreciation
304000
us-gaap Labor And Related Expense
LaborAndRelatedExpense
6330000
us-gaap Advertising Expense
AdvertisingExpense
300000
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
37000
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-118000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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iroq Supervisory Examinations
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113000
iroq Percentage Of Shares To Be Purchased For Esop From Borrowed Fund
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0.08 pure
iroq Aggregate Amount Of Shares Authorized For Issuance Under Equity Incentive Plan
AggregateAmountOfSharesAuthorizedForIssuanceUnderEquityIncentivePlan
673575 shares
iroq Loans Amounts
LoansAmounts
2500000
iroq Organizational Dues And Subscriptions
OrganizationalDuesAndSubscriptions
45000
iroq Net Increase Decrease In Demand Deposits Money Market Now And Savings Accounts
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4301000
iroq Insurance Bond Premiums
InsuranceBondPremiums
92000
iroq Term Period On Residential Mortgage Loan
TermPeriodOnResidentialMortgageLoan
P15Y
iroq Closing Price Of Share To Calculate Unearned Esop Shares
ClosingPriceOfShareToCalculateUnearnedEsopShares
16.26
iroq Donated Shares Of Common Stock
DonatedSharesOfCommonStock
10.00
iroq Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grant In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantInPeriodWeightedAverageGrantDateFairValue
1400000
iroq Charitable Contribution Carryforward Period
CharitableContributionCarryforwardPeriod
P5Y
iroq Esop Shares Earned
EsopSharesEarned
234000
iroq Cash Dividends Declared Number
CashDividendsDeclaredNumber
2 Dividends
iroq Stock Issued During Period Shares Restricted Common Stock
StockIssuedDuringPeriodSharesRestrictedCommonStock
192450 shares
iroq Minimum Period Of Service To Perform By Employee To Avail Benefits Under Esop
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P12M
iroq Accrual Of Interest On Loans Due Discontinued Period
AccrualOfInterestOnLoansDueDiscontinuedPeriod
P90D
iroq Percentage Of Accrued Benefits To Be Vested By Participants
PercentageOfAccruedBenefitsToBeVestedByParticipants
1.00 pure
iroq Shares To Be Purchased For Esop From Borrowed Fund
SharesToBePurchasedForEsopFromBorrowedFund
384900 shares
iroq Weighted Average Assumption For Measurement Of Expected Size Of Losses
WeightedAverageAssumptionForMeasurementOfExpectedSizeOfLosses
0.0007 pure
iroq Stock Repurchased During Period Average Cost Per Share
StockRepurchasedDuringPeriodAverageCostPerShare
16.61
iroq Telephone And Postage
TelephoneAndPostage
194000
iroq Minimum Age To Be Attained By Employee To Avail Benefits Under Esop
MinimumAgeToBeAttainedByEmployeeToAvailBenefitsUnderEsop
P21Y
iroq Federal Home Loan Bank Dividends
FederalHomeLoanBankDividends
18000
iroq Percentage Of Repurchase Of Common Stock
PercentageOfRepurchaseOfCommonStock
0.05 pure
iroq Period Of Treasury Rate Used To Determine Risk Free Interest Rate
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P7Y
iroq Issuances From Exercises Of Stock Options Shares
IssuancesFromExercisesOfStockOptionsShares
481125 shares
iroq Expected Loan Repayment Period
ExpectedLoanRepaymentPeriod
P20Y
iroq Minimum Period To Consider As Defaults
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P90D
iroq Audit And Accounting Services
AuditAndAccountingServices
101000
iroq Maximum Percentage Of Likelihood To Assess Qualitative Factors
MaximumPercentageOfLikelihoodToAssessQualitativeFactors
0.0108 pure
iroq Percentage Of Donated Share Of Common Stock
PercentageOfDonatedShareOfCommonStock
0.07 pure
iroq Esop Shares Earned Shares
ESOPSharesEarnedShares
14434 shares
iroq Income Tax Reconciliation Cash Surrender Value Of Life Insurance
IncomeTaxReconciliationCashSurrenderValueOfLifeInsurance
-69000
iroq Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvances
617000
iroq Shares Closing Price
SharesClosingPrice
16.26
iroq Minimum Hours Of Service To Perform By Employees To Avail Benefits Under Esop
MinimumHoursOfServiceToPerformByEmployeesToAvailBenefitsUnderEsop
PT1000H
CY2013 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
62000
CY2013 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
58000
CY2013 us-gaap Impaired Financing Receivable Interest Income Accrual Method
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44000
CY2013 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
595000
CY2013 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
250000
CY2013 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
6494000
CY2013 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
460000
CY2013 iroq Closing Price Of Share To Calculate Unearned Esop Shares
ClosingPriceOfShareToCalculateUnearnedEsopShares
15.28
CY2013 iroq Maximum Percentage Of Likelihood To Assess Qualitative Factors
MaximumPercentageOfLikelihoodToAssessQualitativeFactors
0.0101 pure
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
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CY2013Q1 us-gaap Common Stock Dividends Per Share Declared
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CY2013Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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4260859 shares
CY2013Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.34 pure
CY2013Q1 us-gaap Earnings Per Share Basic
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0.22
CY2013Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2013Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
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CY2013Q1 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
4614486 shares
CY2013Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4260859 shares
CY2013Q1 us-gaap Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released
WeightedAverageNumberOfSharesEmployeeStockOwnershipPlanSharesNotCommittedToBeReleased
353627 shares
CY2013Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
3640000
CY2013Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
3595000
CY2013Q1 us-gaap Comprehensive Income Net Of Tax
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-221000
CY2013Q1 us-gaap Available For Sale Securities Gross Realized Gains
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61000
CY2013Q1 us-gaap Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
126000
CY2013Q1 us-gaap Gain Loss On Sale Of Loans And Leases
GainLossOnSaleOfLoansAndLeases
44000
CY2013Q1 us-gaap Income Tax Reconciliation Tax Exempt Income
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10000
CY2013Q1 us-gaap Interest Income Securities Taxable
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1221000
CY2013Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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-1145000
CY2013Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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-1127000
CY2013Q1 us-gaap Interest Income Deposits With Financial Institutions
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2000
CY2013Q1 us-gaap Fees And Commissions Other
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60000
CY2013Q1 us-gaap Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
61000
CY2013Q1 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
8000
CY2013Q1 us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
200000
CY2013Q1 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
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6000
CY2013Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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1442000
CY2013Q1 us-gaap Interest And Dividend Income Operating
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4395000
CY2013Q1 us-gaap Impaired Financing Receivable Interest Income Accrual Method
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2000
CY2013Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
3140000
CY2013Q1 us-gaap Net Income Loss
NetIncomeLoss
924000
CY2013Q1 us-gaap Gains Losses On Sales Of Other Real Estate
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1000
CY2013Q1 us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
74000
CY2013Q1 us-gaap Noninterest Income Other Operating Income
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144000
CY2013Q1 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
28000
CY2013Q1 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
64000
CY2013Q1 us-gaap Brokerage Commissions Revenue
BrokerageCommissionsRevenue
158000
CY2013Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
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-25000
CY2013Q1 us-gaap Noninterest Income
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931000
CY2013Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
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-16000
CY2013Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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-1091000
CY2013Q1 us-gaap Noninterest Expense
NoninterestExpense
3084000
CY2013Q1 us-gaap Noninterest Expense Printing And Fulfillment
NoninterestExpensePrintingAndFulfillment
39000
CY2013Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
45000
CY2013Q1 us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
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-438000
CY2013Q1 us-gaap Other Noninterest Expense
OtherNoninterestExpense
255000
CY2013Q1 us-gaap Equipment Expense
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253000
CY2013Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
18000
CY2013Q1 us-gaap Interest Expense
InterestExpense
755000
CY2013Q1 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
89000
CY2013Q1 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
490000
CY2013Q1 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
32000
CY2013Q1 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
6434000
CY2013Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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36000
CY2013Q1 us-gaap Available For Sale Securities Gross Realized Losses
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0
CY2013Q1 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
81000
CY2013Q1 us-gaap Interest Expense Deposits
InterestExpenseDeposits
546000
CY2013Q1 us-gaap Occupancy Net
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131000
CY2013Q1 us-gaap Professional Fees
ProfessionalFees
47000
CY2013Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
2032000
CY2013Q1 us-gaap Advertising Expense
AdvertisingExpense
84000
CY2013Q1 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-29000
CY2013Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
518000
CY2013Q1 iroq Supervisory Examinations
SupervisoryExaminations
35000
CY2013Q1 iroq Organizational Dues And Subscriptions
OrganizationalDuesAndSubscriptions
12000
CY2013Q1 iroq Insurance Bond Premiums
InsuranceBondPremiums
24000
CY2013Q1 iroq Telephone And Postage
TelephoneAndPostage
71000
CY2013Q1 iroq Federal Home Loan Bank Dividends
FederalHomeLoanBankDividends
4000
CY2013Q1 iroq Audit And Accounting Services
AuditAndAccountingServices
21000
CY2013Q1 iroq Income Tax Reconciliation Cash Surrender Value Of Life Insurance
IncomeTaxReconciliationCashSurrenderValueOfLifeInsurance
-22000
CY2013Q1 iroq Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvances
209000
CY2014Q1 us-gaap Earnings Per Share Diluted
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0.21
CY2014Q1 us-gaap Common Stock Dividends Per Share Declared
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0.05
CY2014Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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4013478 shares
CY2014Q1 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.34 pure
CY2014Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.21
CY2014Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
shares
CY2014Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.21
CY2014Q1 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
433000
CY2014Q1 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
127000
CY2014Q1 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
4947000
CY2014Q1 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
4347860 shares
CY2014Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4013478 shares
CY2014Q1 us-gaap Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released
WeightedAverageNumberOfSharesEmployeeStockOwnershipPlanSharesNotCommittedToBeReleased
334382 shares
CY2014Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
4025000
CY2014Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
3885000
CY2014Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2535000
CY2014Q1 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
406000
CY2014Q1 us-gaap Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
114000
CY2014Q1 us-gaap Gain Loss On Sale Of Loans And Leases
GainLossOnSaleOfLoansAndLeases
5000
CY2014Q1 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
7000
CY2014Q1 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
1346000
CY2014Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1701000
CY2014Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
1709000
CY2014Q1 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
2000
CY2014Q1 us-gaap Fees And Commissions Other
FeesAndCommissionsOther
17000
CY2014Q1 us-gaap Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
-95000
CY2014Q1 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
2000
CY2014Q1 us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
200000
CY2014Q1 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
30000
CY2014Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1274000
CY2014Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
4814000
CY2014Q1 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
27000
CY2014Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
3436000
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
834000
CY2014Q1 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-17000
CY2014Q1 us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
31000
CY2014Q1 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
159000
CY2014Q1 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
22000
CY2014Q1 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
68000
CY2014Q1 us-gaap Brokerage Commissions Revenue
BrokerageCommissionsRevenue
172000
CY2014Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
38000
CY2014Q1 us-gaap Noninterest Income
NoninterestIncome
671000
CY2014Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansTaxPortionAttributableToParent
-6000
CY2014Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
1652000
CY2014Q1 us-gaap Noninterest Expense
NoninterestExpense
3282000
CY2014Q1 us-gaap Noninterest Expense Printing And Fulfillment
NoninterestExpensePrintingAndFulfillment
41000
CY2014Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
140000
CY2014Q1 us-gaap Other Comprehensive Income Availableforsale Securities Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
1115000
CY2014Q1 us-gaap Other Noninterest Expense
OtherNoninterestExpense
306000
CY2014Q1 us-gaap Equipment Expense
EquipmentExpense
223000
CY2014Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
8000
CY2014Q1 us-gaap Interest Expense
InterestExpense
789000
CY2014Q1 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
67000
CY2014Q1 us-gaap Occupancy Net
OccupancyNet
136000
CY2014Q1 us-gaap Professional Fees
ProfessionalFees
80000
CY2014Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-57000
CY2014Q1 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
501000
CY2014Q1 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
69000
CY2014Q1 us-gaap Interest Expense Deposits
InterestExpenseDeposits
580000
CY2014Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
2141000
CY2014Q1 us-gaap Advertising Expense
AdvertisingExpense
102000
CY2014Q1 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-30000
CY2014Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
440000
CY2014Q1 iroq Supervisory Examinations
SupervisoryExaminations
39000
CY2014Q1 iroq Organizational Dues And Subscriptions
OrganizationalDuesAndSubscriptions
12000
CY2014Q1 iroq Insurance Bond Premiums
InsuranceBondPremiums
27000
CY2014Q1 iroq Telephone And Postage
TelephoneAndPostage
69000
CY2014Q1 iroq Federal Home Loan Bank Dividends
FederalHomeLoanBankDividends
8000
CY2014Q1 iroq Audit And Accounting Services
AuditAndAccountingServices
20000
CY2014Q1 iroq Income Tax Reconciliation Cash Surrender Value Of Life Insurance
IncomeTaxReconciliationCashSurrenderValueOfLifeInsurance
-23000
CY2014Q1 iroq Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvances
209000

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