2013 Q2 Form 10-K Financial Statement

#000119312514348077 Filed on September 22, 2014

View on sec.gov

Income Statement

Concept 2013 Q2 2013 2012 Q2
Revenue $17.61M
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 $110.0K $447.0K $120.0K
YoY Change -8.33% 3.95% 20.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $3.099M
YoY Change -18.1%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $1.480M $5.767M $1.320M
YoY Change 12.12% 194.38% 97.01%
Income Tax $530.0K $2.057M $420.0K
% Of Pretax Income 35.81% 35.67% 31.82%
Net Earnings $940.0K $3.710M $900.0K
YoY Change 4.44% 165.0% 57.89%
Net Earnings / Revenue 21.07%
Basic Earnings Per Share $0.86
Diluted Earnings Per Share $222.2K $0.86 $187.1K
COMMON SHARES
Basic Shares Outstanding 4.571M shares 4.321M shares
Diluted Shares Outstanding 4.321M shares

Balance Sheet

Concept 2013 Q2 2013 2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $6.580M $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 $4.293M $4.300M $4.355M
YoY Change -1.42% -2.27% 6.22%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $3.200M $3.200M $0.00
YoY Change -100.0%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $547.5M $547.5M $511.3M
YoY Change 7.08% 7.08% 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 $1.700M $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 $4.400M $4.100M
YoY Change 7.32% 7.32% 7.89%
Total Long-Term Liabilities $4.400M $4.400M $4.100M
YoY Change 7.32% 7.32% 7.89%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.000M $1.000M $1.000M
Total Long-Term Liabilities $4.400M $4.400M $4.100M
Total Liabilities $465.8M $465.8M $424.7M
YoY Change 9.68% 9.68% -9.91%
SHAREHOLDERS EQUITY
Retained Earnings $39.10M $38.73M
YoY Change 0.96%
Common Stock $46.00K $48.00K
YoY Change -4.17%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $81.75M $81.70M $86.65M
YoY Change
Total Liabilities & Shareholders Equity $547.5M $547.5M $511.3M
YoY Change 7.08% 7.08% 0.1%

Cashflow Statement

Concept 2013 Q2 2013 2012 Q2
OPERATING ACTIVITIES
Net Income $940.0K $3.710M $900.0K
YoY Change 4.44% 165.0% 57.89%
Depreciation, Depletion And Amortization $110.0K $447.0K $120.0K
YoY Change -8.33% 3.95% 20.0%
Cash From Operating Activities $2.360M $6.066M $2.080M
YoY Change 13.46% -1.22% -2.8%
INVESTING ACTIVITIES
Capital Expenditures -$100.0K $383.0K -$60.00K
YoY Change 66.67% -44.41% -25.0%
Acquisitions
YoY Change
Other Investing Activities -$9.930M -$44.86M -$22.80M
YoY Change -56.45% -10.62% -52.01%
Cash From Investing Activities -$10.03M -$45.24M -$22.86M
YoY Change -56.12% -11.08% -51.96%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $3.339M
YoY Change -92.28%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 840.0K 37.56M 19.21M
YoY Change -95.63% -595.88% -80.32%
NET CHANGE
Cash From Operating Activities 2.360M 6.066M 2.080M
Cash From Investing Activities -10.03M -45.24M -22.86M
Cash From Financing Activities 840.0K 37.56M 19.21M
Net Change In Cash -6.830M -1.613M -1.570M
YoY Change 335.03% -96.92% -103.01%
FREE CASH FLOW
Cash From Operating Activities $2.360M $6.066M $2.080M
Capital Expenditures -$100.0K $383.0K -$60.00K
Free Cash Flow $2.460M $5.683M $2.140M
YoY Change 14.95% 4.24% -3.6%

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16705000
CY2014Q2 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
104000
CY2014Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
1081000
CY2014Q2 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
56750000
CY2014Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
3958000
CY2014Q2 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
215000
CY2014Q2 us-gaap Advance Payments By Borrowers For Taxes And Insurance
AdvancePaymentsByBorrowersForTaxesAndInsurance
997000
CY2014Q2 us-gaap Stockholders Equity
StockholdersEquity
82086000
CY2014Q2 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Two
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo
114000
CY2014Q2 us-gaap Other Postretirement Defined Benefit Plan Liabilities Current And Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesCurrentAndNoncurrent
2387000
CY2014Q2 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
2387000
CY2014Q2 us-gaap Time Deposits100000 Or More
TimeDeposits100000OrMore
155529000
CY2014Q2 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
395000
CY2014Q2 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
215000
CY2014Q2 us-gaap Related Party Deposit Liabilities
RelatedPartyDepositLiabilities
1077000
CY2014Q2 us-gaap Deposits
Deposits
404593000
CY2014Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
37544000
CY2014Q2 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From Three To Four Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromThreeToFourYearsOfBalanceSheetDate
1000000
CY2014Q2 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
1732000
CY2014Q2 us-gaap Time Deposit Maturities Year Five
TimeDepositMaturitiesYearFive
1978000
CY2014Q2 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
132638000
CY2014Q2 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
2387000
CY2014Q2 us-gaap Common Stock Value
CommonStockValue
44000
CY2014Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
551343000
CY2014Q2 us-gaap Line Of Credit Facility Amount Outstanding
LineOfCreditFacilityAmountOutstanding
CY2014Q2 us-gaap Other Liabilities
OtherLiabilities
2110000
CY2014Q2 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
3743000
CY2014Q2 us-gaap Liabilities
Liabilities
469257000
CY2014Q2 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Transition Assets Obligations Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetTransitionAssetsObligationsBeforeTax
-25000
CY2014Q2 us-gaap Accumulated Other Comprehensive Income Loss Before Tax1
AccumulatedOtherComprehensiveIncomeLossBeforeTax1
1809000
CY2014Q2 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
96000
CY2014Q2 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From One To Two Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromOneToTwoYearsOfBalanceSheetDate
CY2014Q2 us-gaap Due To Related Parties Noncurrent
DueToRelatedPartiesNoncurrent
4519000
CY2014Q2 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax
-337000
CY2014Q2 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From Two To Three Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromTwoToThreeYearsOfBalanceSheetDate
15000000
CY2014Q2 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Five
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive
147000
CY2014Q2 us-gaap Deferred Compensation Arrangement With Individual Recorded Liability
DeferredCompensationArrangementWithIndividualRecordedLiability
840000
CY2014Q2 us-gaap Federal Home Loan Bank Advances Maturities Summary Due Within One Year Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueWithinOneYearOfBalanceSheetDate
40750000
CY2014Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2014Q2 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Four
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour
138000
CY2014Q2 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
2584000
CY2014Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
13614000
CY2014Q2 us-gaap Cash And Due From Banks
CashAndDueFromBanks
12615000
CY2014Q2 us-gaap Loans And Leases Receivable Commercial
LoansAndLeasesReceivableCommercial
23120000
CY2014Q2 us-gaap Loans Receivable Commercial Construction
LoansReceivableCommercialConstruction
1572000
CY2014Q2 us-gaap Available For Sale Securities Debt Maturities Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost
115533000
CY2014Q2 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
182566000
CY2014Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
13228000
CY2014Q2 us-gaap Time Deposits At Carrying Value
TimeDepositsAtCarryingValue
250000
CY2014Q2 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
329924000
CY2014Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
338000
CY2014Q2 us-gaap Pledged Assets Separately Reported Securities Pledged As Collateral At Fair Value
PledgedAssetsSeparatelyReportedSecuritiesPledgedAsCollateralAtFairValue
50144000
CY2014Q2 us-gaap Land
Land
895000
CY2014Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
3791000
CY2014Q2 us-gaap Unearned Esop Shares
UnearnedESOPShares
3272000
CY2014Q2 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
-2387000
CY2014Q2 us-gaap Assets
Assets
551343000
CY2014Q2 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
63000000
CY2014Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
12731000
CY2014Q2 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
3317000
CY2014Q2 us-gaap Loans And Leases Receivable Consumer Home Equity
LoansAndLeasesReceivableConsumerHomeEquity
7824000
CY2014Q2 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
6165000
CY2014Q2 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
2059000
CY2014Q2 us-gaap Escrow Deposit
EscrowDeposit
825000
CY2014Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
904000
CY2014Q2 us-gaap Financing Receivable Recorded Investment30 To59 Days Past Due
FinancingReceivableRecordedInvestment30To59DaysPastDue
3131000
CY2014Q2 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
5925000
CY2014Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
1300000
CY2014Q2 us-gaap Financing Receivable Recorded Investment60 To89 Days Past Due
FinancingReceivableRecordedInvestment60To89DaysPastDue
1294000
CY2014Q2 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
182000
CY2014Q2 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
376000
CY2014Q2 us-gaap Loans And Leases Receivable Consumer
LoansAndLeasesReceivableConsumer
8509000
CY2014Q2 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
34401000
CY2014Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
2059000
CY2014Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
10377000
CY2014Q2 us-gaap Interest Receivable
InterestReceivable
1788000
CY2014Q2 us-gaap Foreclosed Assets
ForeclosedAssets
436000
CY2014Q2 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
6616000
CY2014Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
CY2014Q2 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
4545000
CY2014Q2 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
329386000
CY2014Q2 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
32732000
CY2014Q2 us-gaap Available For Sale Securities
AvailableForSaleSecurities
184586000
CY2014Q2 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
338000
CY2014Q2 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
5425000
CY2014Q2 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
69463000
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
CY2014Q2 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
4545000
CY2014Q2 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
116000
CY2014Q2 us-gaap Other Assets
OtherAssets
489000
CY2014Q2 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
330766000
CY2014Q2 us-gaap Loans Receivable Commercial Real Estate
LoansReceivableCommercialRealEstate
83134000
CY2014Q2 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
335311000
CY2014Q2 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax
184000
CY2014Q2 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
CY2014Q2 us-gaap Bank Owned Life Insurance
BankOwnedLifeInsurance
8025000
CY2014Q2 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
117854000
CY2014Q2 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Prior Service Cost Credit Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax
-178000
CY2014Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
389000
CY2014Q2 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
506000
CY2014Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision For Loan Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses
1592000
CY2014Q2 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
69616000
CY2014Q2 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
4545000
CY2014Q2 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
23000
CY2014Q2 us-gaap Financing Receivable Recorded Investment Equal To Greater Than90 Days Past Due
FinancingReceivableRecordedInvestmentEqualToGreaterThan90DaysPastDue
1500000
CY2014Q2 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
2856000
CY2014Q2 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
69235000
CY2014Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5124000
CY2014Q2 iroq Maximum Amount Of Other Secured Loans Residential Mortgage Loans Can Be Approved By Loan Officer
MaximumAmountOfOtherSecuredLoansResidentialMortgageLoansCanBeApprovedByLoanOfficer
50000
CY2014Q2 iroq Commitments To Originate Loans
CommitmentsToOriginateLoans
CY2014Q2 iroq Brokered Certificates Of Deposit
BrokeredCertificatesOfDeposit
35575000
CY2014Q2 iroq Loans Receivable Gross One To Four Family Including Home Equity Loans
LoansReceivableGrossOneToFourFamilyIncludingHomeEquityLoans
149549000
CY2014Q2 iroq Maximum Amount Of Unsecured Loans Residential Mortgage Loans Can Be Approved By Managing Officer
MaximumAmountOfUnsecuredLoansResidentialMortgageLoansCanBeApprovedByManagingOfficer
100000
CY2014Q2 iroq Maximum Amount Other Secured Loans Residential Mortgage Loans Can Be Approved By Managing Officer
MaximumAmountOtherSecuredLoansResidentialMortgageLoansCanBeApprovedByManagingOfficer
300000
CY2014Q2 iroq Loans Receivable Gross Multi Family
LoansReceivableGrossMultiFamily
61603000
CY2014Q2 iroq Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserve For Uncollected Interest
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserveForUncollectedInterest
46000
CY2014Q2 iroq Maximum Amount Of One To Four Family Residential Mortgage Loans Can Be Approved By Loan Officer
MaximumAmountOfOneToFourFamilyResidentialMortgageLoansCanBeApprovedByLoanOfficer
100000
CY2014Q2 iroq Impaired Loans Receivable Fair Value Disclosure
ImpairedLoansReceivableFairValueDisclosure
401000
CY2014Q2 iroq Loans Listed That Were Not Nonaccrual
LoansListedThatWereNotNonaccrual
635000
CY2014Q2 iroq Maximum Amount Of Unsecured Loans Residential Mortgage Loans Can Be Approved By Loan Officer
MaximumAmountOfUnsecuredLoansResidentialMortgageLoansCanBeApprovedByLoanOfficer
10000
CY2014Q2 iroq Deferred Loan Fees
DeferredLoanFees
145000
CY2014Q2 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
CY2014Q2 iroq Accumulated Other Comprehensive Income Loss Tax Effect
AccumulatedOtherComprehensiveIncomeLossTaxEffect
728000
CY2014Q2 iroq Commitments Outstanding Amount
CommitmentsOutstandingAmount
8949000
CY2014Q2 iroq Debt Securities Greater Than Stated Percentage Of Equity Securities
DebtSecuritiesGreaterThanStatedPercentageOfEquitySecurities
0.10 pure
CY2014Q2 iroq Fair Value Foreclosed Assets
FairValueForeclosedAssets
38000
CY2014Q2 iroq Fair Value Of Unearned Esop Shares
FairValueOfUnearnedEsopShares
5395000
CY2014Q2 iroq Maximum Amount Of One To Four Family Residential Mortgage Loans Can Be Approved By Managing Officer
MaximumAmountOfOneToFourFamilyResidentialMortgageLoansCanBeApprovedByManagingOfficer
300000
CY2014Q2 iroq Temporarily Impaired Debt Securities Percentage Of Investment Securities Portfolio
TemporarilyImpairedDebtSecuritiesPercentageOfInvestmentSecuritiesPortfolio
0.377 pure
CY2014Q2 iroq Maximum Amount Of Unsecured Loans Residential Mortgage Loans Can Be Approved By Loan Committee
MaximumAmountOfUnsecuredLoansResidentialMortgageLoansCanBeApprovedByLoanCommittee
300000
CY2014Q2 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
CY2014Q2 iroq Weighted Average Interest Rates For Fixed Rate Loan Commitments
WeightedAverageInterestRatesForFixedRateLoanCommitments
0.0474 pure
CY2014Q2 iroq Deferred Tax Liabilities Federal Home Loan Bank Stock Dividends
DeferredTaxLiabilitiesFederalHomeLoanBankStockDividends
313000
CY2014Q2 iroq Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses Accumulated In Investments
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments
1511000
CY2014Q2 iroq Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses Accumulated In Investments
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments
148000
CY2014Q2 iroq Available For Sale Securities Gross Unrealized Loss Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments
1659000
CY2014Q2 iroq Available For Sale Securities Gross Unrealized Gain Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments
3679000
CY2014Q2 iroq Deferred Tax Liabilities Mortgage Servicing Right
DeferredTaxLiabilitiesMortgageServicingRight
204000
CY2014Q2 iroq Deferred Tax Assets Tax Postretirement Health Plan
DeferredTaxAssetsTaxPostretirementHealthPlan
57000
CY2014Q2 iroq Federal Home Loan Bank Advances Interest Rate Range To
FederalHomeLoanBankAdvancesInterestRateRangeTo
0.0455 pure
CY2014Q2 iroq Amount Deferred Income Tax Liabilities Expected To Reverse Into Taxable Income
AmountDeferredIncomeTaxLiabilitiesExpectedToReverseIntoTaxableIncome
754000
CY2014Q2 iroq Deferred Tax Assets Unrealized Gains On Available For Sale Securities Gross
DeferredTaxAssetsUnrealizedGainsOnAvailableForSaleSecuritiesGross
814000
CY2014Q2 iroq Deferred Tax Assets Tax Charitable Foundation Contribution
DeferredTaxAssetsTaxCharitableFoundationContribution
686000
CY2014Q2 iroq Mortgage Loans Secured For Federal Home Loan Banks Advances
MortgageLoansSecuredForFederalHomeLoanBanksAdvances
220267000
CY2014Q2 iroq Retained Earnings Excluding Deferred Federal Income Tax Liability
RetainedEarningsExcludingDeferredFederalIncomeTaxLiability
2217000
CY2014Q2 iroq Federal Home Loan Bank Advances Interest Rate Range From
FederalHomeLoanBankAdvancesInterestRateRangeFrom
0.0015 pure
CY2014Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
4377657 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
16.63
CY2013Q4 dei Entity Public Float
EntityPublicFloat
58541683
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0217 pure
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.0987 pure
CY2013Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P7Y
CY2013 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.86
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4321036 shares
CY2013 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.34 pure
CY2013 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.86
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0060 pure
CY2013 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
6066000
CY2013 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
shares
CY2013 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.86
CY2013 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.357 pure
CY2013 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
4677069 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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
356033 shares
CY2013 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
4 Modification
CY2013 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
240563 shares
CY2013 us-gaap Interest Paid Net
InterestPaidNet
3098000
CY2013 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
14511000
CY2013 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
13916000
CY2013 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-1833000
CY2013 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
829000
CY2013 us-gaap Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
547000
CY2013 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2165000
CY2013 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
159881000
CY2013 us-gaap Gain Loss On Sale Of Loans And Leases
GainLossOnSaleOfLoansAndLeases
319000
CY2013 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
16000
CY2013 us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
575500000
CY2013 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
5023000
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 Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-5477000
CY2013 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
11000
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 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 Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-1293000
CY2013 us-gaap Fees And Commissions Mortgage Banking And Servicing
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354000
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692000
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865000
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1392000
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88000
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CY2013 iroq Unpaid Principal Balances Of Mortgage Loans Serviced For Others
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74730000
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IF Bancorp, Inc.
CY2014 dei Entity Current Reporting Status
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Yes
CY2014 dei Amendment Flag
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false
CY2014 dei Entity Filer Category
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Smaller Reporting Company
CY2014 dei Document Fiscal Year Focus
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2014
CY2014 dei Document Type
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10-K
CY2014 dei Document Period End Date
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2014-06-30
CY2014 dei Entity Central Index Key
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0001514743
CY2014 dei Entity Well Known Seasoned Issuer
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No
CY2014 dei Current Fiscal Year End Date
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CY2014 dei Document Fiscal Period Focus
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FY
CY2014 dei Entity Voluntary Filers
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No
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16.63
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4137359 shares
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<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 2%; MARGIN-TOP: 0pt"> <b><i>Use of Estimates</i></b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 4%; MARGIN-TOP: 6pt"> 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.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 4%; MARGIN-TOP: 6pt"> 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.</p> </div>
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100000
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287000
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52000
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450000
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1927000
CY2014 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
81718000
CY2014 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
1367000
CY2014 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
34000
CY2014 us-gaap Increase Decrease In Postretirement Obligations
IncreaseDecreaseInPostretirementObligations
-16000
CY2014 us-gaap Interest Expense
InterestExpense
3148000
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
211000
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
1815000
CY2014 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
538000
CY2014 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
86000
CY2014 us-gaap Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance
IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance
31000
CY2014 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
4694000
CY2014 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Service And Interest Cost Components
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnServiceAndInterestCostComponents
5000
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-73000
CY2014 us-gaap Proceeds From Payments For In Securities Sold Under Agreements To Repurchase
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
650000
CY2014 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
55000
CY2014 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
1297000
CY2014 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
279000
CY2014 us-gaap Interest Expense Deposits
InterestExpenseDeposits
2322000
CY2014 us-gaap Servicing Asset At Fair Value Other Changes In Fair Value
ServicingAssetAtFairValueOtherChangesInFairValue
-53000
CY2014 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1695000
CY2014 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
9279000
CY2014 us-gaap Occupancy Net
OccupancyNet
528000
CY2014 us-gaap Professional Fees
ProfessionalFees
348000
CY2014 us-gaap Depreciation
Depreciation
418000
CY2014 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
48000
CY2014 us-gaap Labor And Related Expense
LaborAndRelatedExpense
8350000
CY2014 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
53000
CY2014 us-gaap Servicing Asset At Fair Value Changes In Fair Value Resulting From Changes In Valuation Inputs Or Changes In Assumptions
ServicingAssetAtFairValueChangesInFairValueResultingFromChangesInValuationInputsOrChangesInAssumptions
-3000
CY2014 us-gaap Advertising Expense
AdvertisingExpense
426000
CY2014 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
78000
CY2014 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
52000
CY2014 us-gaap Defined Benefit Plan Effect Of One Percentage Point Decrease On Accumulated Postretirement Benefit Obligation1
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnAccumulatedPostretirementBenefitObligation1
61000
CY2014 us-gaap Defined Benefit Plan Amortization Of Net Transition Asset Obligation
DefinedBenefitPlanAmortizationOfNetTransitionAssetObligation
-25000
CY2014 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-63000
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1862000
CY2014 iroq Supervisory Examinations
SupervisoryExaminations
152000
CY2014 iroq Repurchased Shares Average Price
RepurchasedSharesAveragePrice
16.50
CY2014 iroq Organizational Dues And Subscriptions
OrganizationalDuesAndSubscriptions
50000
CY2014 iroq Net Increase Decrease In Demand Deposits Money Market Now And Savings Accounts
NetIncreaseDecreaseInDemandDepositsMoneyMarketNowAndSavingsAccounts
4744000
CY2014 iroq Insurance Bond Premiums
InsuranceBondPremiums
121000
CY2014 iroq Term Period On Residential Mortgage Loan
TermPeriodOnResidentialMortgageLoan
P15Y
CY2014 iroq Closing Price Of Share To Calculate Unearned Esop Shares
ClosingPriceOfShareToCalculateUnearnedEsopShares
16.49
CY2014 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
CY2014 iroq Benefits Paid
BenefitsPaid
78000
CY2014 iroq Financing Receivable Modifications Recorded Investments
FinancingReceivableModificationsRecordedInvestments
28000
CY2014 iroq Percentage Of Shares Purchased Under Employee Stock Ownership Plan
PercentageOfSharesPurchasedUnderEmployeeStockOwnershipPlan
0.08 pure
CY2014 iroq Interest Bearing Deposits Maturity Period
InterestBearingDepositsMaturityPeriod
P5Y
CY2014 iroq Securities Sold Under Repurchase Agreements Average Balance
SecuritiesSoldUnderRepurchaseAgreementsAverageBalance
2165000
CY2014 iroq Charitable Contribution Carryforward Period
CharitableContributionCarryforwardPeriod
P5Y
CY2014 iroq Esop Shares Earned
EsopSharesEarned
312000
CY2014 iroq Minimum Period Of Service To Perform By Employee To Avail Benefits Under Esop
MinimumPeriodOfServiceToPerformByEmployeeToAvailBenefitsUnderEsop
P12M
CY2014 iroq Accrual Of Interest On Loans Due Discontinued Period
AccrualOfInterestOnLoansDueDiscontinuedPeriod
P90D
CY2014 iroq Percentage Of Accrued Benefits To Be Vested By Participants
PercentageOfAccruedBenefitsToBeVestedByParticipants
1.00 pure
CY2014 iroq Stock Repurchased During Period Average Cost Per Share
StockRepurchasedDuringPeriodAverageCostPerShare
16.59
CY2014 iroq Cash And Cash Equivalents Maximum Original Maturity Period
CashAndCashEquivalentsMaximumOriginalMaturityPeriod
P3M
CY2014 iroq Telephone And Postage
TelephoneAndPostage
262000
CY2014 iroq Interest Rate Adjustment Period
InterestRateAdjustmentPeriod
P1Y
CY2014 iroq Income Tax Examination Minimum Likelihood Of Tax Benefits Being Realized Upon Settlement
IncomeTaxExaminationMinimumLikelihoodOfTaxBenefitsBeingRealizedUponSettlement
0.50 pure
CY2014 iroq Minimum Age To Be Attained By Employee To Avail Benefits Under Esop
MinimumAgeToBeAttainedByEmployeeToAvailBenefitsUnderEsop
P21Y
CY2014 iroq Federal Home Loan Bank Dividends
FederalHomeLoanBankDividends
29000
CY2014 iroq Period Of Treasury Rate Used To Determine Risk Free Interest Rate
PeriodOfTreasuryRateUsedToDetermineRiskFreeInterestRate
P7Y
CY2014 iroq Expected Loan Repayment Period
ExpectedLoanRepaymentPeriod
P20Y
CY2014 iroq Minimum Period To Consider As Defaults
MinimumPeriodToConsiderAsDefaults
P90D
CY2014 iroq Audit And Accounting Services
AuditAndAccountingServices
144000
CY2014 iroq Number Of Stock Repurchase Programs
NumberOfStockRepurchasePrograms
2 Number_of_stock_repurchase
CY2014 iroq Securities Sold Under Repurchase Agreements Maximum Balance
SecuritiesSoldUnderRepurchaseAgreementsMaximumBalance
2324000
CY2014 iroq Repayment Of Loans From Related Parties
RepaymentOfLoansFromRelatedParties
622000
CY2014 iroq Esop Shares Earned Shares
ESOPSharesEarnedShares
19245 shares
CY2014 iroq Income Tax Reconciliation Cash Surrender Value Of Life Insurance
IncomeTaxReconciliationCashSurrenderValueOfLifeInsurance
-91000
CY2014 iroq Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvances
826000
CY2014 iroq Increase In Loans To Related Parties
IncreaseInLoansToRelatedParties
107000
CY2014 iroq Interest Expense Deposit Type Brokered Certificates Of Deposit
InterestExpenseDepositTypeBrokeredCertificatesOfDeposit
148000
CY2014 iroq Benefit Costs
BenefitCosts
136000
CY2014 iroq Unpaid Principal Balances Of Mortgage Loans Serviced For Others
UnpaidPrincipalBalancesOfMortgageLoansServicedForOthers
74017000
CY2014 iroq Shares Closing Price
SharesClosingPrice
16.49
CY2014 iroq Defined Benefit Plan Retirement Age
DefinedBenefitPlanRetirementAge
72 Age
CY2014 iroq Minimum Hours Of Service To Perform By Employees To Avail Benefits Under Esop
MinimumHoursOfServiceToPerformByEmployeesToAvailBenefitsUnderEsop
PT1000H
CY2011Q3 iroq Cash Donation
CashDonation
450000
CY2011Q3 iroq Donated Shares Of Common Stock
DonatedSharesOfCommonStock
10.00
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 Percentage Of Donated Share Of Common Stock
PercentageOfDonatedShareOfCommonStock
0.07 pure

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