2020 Q2 Form 10-Q Financial Statement

#000119312520140027 Filed on May 12, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2020 Q1 2019 Q1
Revenue $6.799M $6.713M
YoY Change 1.28% 18.29%
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 $170.0K $170.0K $170.0K
YoY Change 30.77% 0.0% 30.77%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $2.209M $2.269M
YoY Change -2.64% 65.62%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $1.910M $1.126M $1.090M
YoY Change 34.51% 3.3% -14.44%
Income Tax $540.0K $316.0K $286.0K
% Of Pretax Income 28.27% 28.06% 26.24%
Net Earnings $1.370M $810.0K $804.0K
YoY Change 33.01% 0.75% -19.11%
Net Earnings / Revenue 11.91% 11.98%
Basic Earnings Per Share $0.27 $0.24
Diluted Earnings Per Share $450.7K $0.26 $0.24
COMMON SHARES
Basic Shares Outstanding 3.240M 3.038M 3.360M
Diluted Shares Outstanding 3.090M 3.405M

Balance Sheet

Concept 2020 Q2 2020 Q1 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $33.47M $6.875M $6.558M
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 $10.19M $10.32M $10.68M
YoY Change -4.79% -3.35% 13.8%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $600.0K $1.000M $2.700M
YoY Change -71.43% -62.96% -25.0%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $735.5M $684.2M $662.5M
YoY Change 1.61% 3.27% 6.98%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.100M $2.200M $1.800M
YoY Change -26.67% 22.22% 38.46%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $3.700M $3.400M $2.200M
YoY Change 85.0% 54.55% -18.52%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.100M $2.200M $1.800M
YoY Change -26.67% 22.22% 38.46%
LONG-TERM LIABILITIES
Long-Term Debt $3.000M $5.000M $0.00
YoY Change
Other Long-Term Liabilities $9.000M $7.500M $6.700M
YoY Change 32.35% 11.94% 13.56%
Total Long-Term Liabilities $12.00M $12.50M $6.700M
YoY Change 76.47% 86.57% 13.56%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.100M $2.200M $1.800M
Total Long-Term Liabilities $12.00M $12.50M $6.700M
Total Liabilities $653.0M $604.7M $582.4M
YoY Change 1.8% 3.83% 8.32%
SHAREHOLDERS EQUITY
Retained Earnings $31.21M $29.80M $34.35M
YoY Change -11.73% -13.24% -11.38%
Common Stock $49.27M $49.18M $48.74M
YoY Change 0.86% 0.9% 0.94%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $82.56M $79.43M $80.11M
YoY Change
Total Liabilities & Shareholders Equity $735.5M $684.2M $662.5M
YoY Change 1.61% 3.27% 6.98%

Cashflow Statement

Concept 2020 Q2 2020 Q1 2019 Q1
OPERATING ACTIVITIES
Net Income $1.370M $810.0K $804.0K
YoY Change 33.01% 0.75% -19.11%
Depreciation, Depletion And Amortization $170.0K $170.0K $170.0K
YoY Change 30.77% 0.0% 30.77%
Cash From Operating Activities $2.130M $1.200M $1.080M
YoY Change 6.5% 11.11% 272.41%
INVESTING ACTIVITIES
Capital Expenditures -$40.00K -$30.00K -$30.00K
YoY Change -75.0% 0.0% -70.0%
Acquisitions
YoY Change
Other Investing Activities -$22.19M -$8.750M $3.270M
YoY Change 218.82% -367.58% -164.88%
Cash From Investing Activities -$22.23M -$8.770M $3.240M
YoY Change 212.22% -370.68% -163.16%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 46.70M 3.600M -4.790M
YoY Change -19.7% -175.16% -158.99%
NET CHANGE
Cash From Operating Activities 2.130M 1.200M 1.080M
Cash From Investing Activities -22.23M -8.770M 3.240M
Cash From Financing Activities 46.70M 3.600M -4.790M
Net Change In Cash 26.60M -3.970M -470.0K
YoY Change -49.85% 744.68% -114.33%
FREE CASH FLOW
Cash From Operating Activities $2.130M $1.200M $1.080M
Capital Expenditures -$40.00K -$30.00K -$30.00K
Free Cash Flow $2.170M $1.230M $1.110M
YoY Change 0.46% 10.81% 184.62%

Facts In Submission

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AccretionAmortizationOfDiscountsAndPremiumsInvestments
-47000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
251000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-56000
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
432000
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
227000
us-gaap Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
139000
us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-4000
us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
16000
us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
205000
us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
202000
us-gaap Payments To Purchase Loans Held For Sale
PaymentsToPurchaseLoansHeldForSale
21635000
us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
22415000
us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
11659000
us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
315000
us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
322000
us-gaap Share Based Compensation
ShareBasedCompensation
167000
us-gaap Share Based Compensation
ShareBasedCompensation
169000
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
-117000
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
433000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
143000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-198000
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
134000
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
406000
us-gaap Increase Decrease In Postretirement Obligations
IncreaseDecreaseInPostretirementObligations
44000
us-gaap Increase Decrease In Postretirement Obligations
IncreaseDecreaseInPostretirementObligations
41000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
167000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-345000
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
29681000
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
10495000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
19741000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
9364000
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
7487000
iroq Net Increase Decrease In Demand Deposits Money Market Now And Savings Accounts
NetIncreaseDecreaseInDemandDepositsMoneyMarketNowAndSavingsAccounts
-34901000
iroq Net Increase Decrease In Demand Deposits Money Market Now And Savings Accounts
NetIncreaseDecreaseInDemandDepositsMoneyMarketNowAndSavingsAccounts
1030000
us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
-38992000
us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
36228000
us-gaap Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance
IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance
525000
us-gaap Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance
IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance
918000
us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
58500000
us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
111500000
us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
29000000
us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
125000000
us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
5000000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-45425000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
18022000
us-gaap Profit Loss
ProfitLoss
2874000
us-gaap Profit Loss
ProfitLoss
2525000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
4773000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
3799000
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
22998000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
116000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
950000
us-gaap Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
572000
us-gaap Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
4957000
us-gaap Proceeds From Sale Of Federal Home Loan Bank Stock
ProceedsFromSaleOfFederalHomeLoanBankStock
2295000
us-gaap Payments To Acquire Federal Home Loan Bank Stock
PaymentsToAcquireFederalHomeLoanBankStock
1234000
us-gaap Payments To Acquire Federal Home Loan Bank Stock
PaymentsToAcquireFederalHomeLoanBankStock
1440000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-12073000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-20017000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-52725000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
1804000
CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4754000
CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6558000
us-gaap Interest Paid Net
InterestPaidNet
6945000
us-gaap Interest Paid Net
InterestPaidNet
5987000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
786000
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
230000
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
6332000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
175000
iroq Net Change In Interest Bearing Time Deposits
NetChangeInInterestBearingTimeDeposits
-750000
CY2020Q1 us-gaap Employee Stock Ownership Plan Esop Number Of Allocated Shares
EmployeeStockOwnershipPlanESOPNumberOfAllocatedShares
127102
CY2019Q2 us-gaap Employee Stock Ownership Plan Esop Number Of Allocated Shares
EmployeeStockOwnershipPlanESOPNumberOfAllocatedShares
109018
CY2020Q1 us-gaap Employee Stock Ownership Plan Esop Number Of Committed To Be Released Shares
EmployeeStockOwnershipPlanESOPNumberOfCommittedToBeReleasedShares
14434
CY2019Q2 us-gaap Employee Stock Ownership Plan Esop Number Of Committed To Be Released Shares
EmployeeStockOwnershipPlanESOPNumberOfCommittedToBeReleasedShares
19245
CY2020Q1 us-gaap Employee Stock Ownership Plan Esop Number Of Suspense Shares
EmployeeStockOwnershipPlanESOPNumberOfSuspenseShares
216506
CY2019Q2 us-gaap Employee Stock Ownership Plan Esop Number Of Suspense Shares
EmployeeStockOwnershipPlanESOPNumberOfSuspenseShares
230940
CY2020Q1 us-gaap Employee Stock Ownership Plan Esop Shares In Esop
EmployeeStockOwnershipPlanESOPSharesInESOP
358042
CY2019Q2 us-gaap Employee Stock Ownership Plan Esop Shares In Esop
EmployeeStockOwnershipPlanESOPSharesInESOP
359203
CY2020Q1 us-gaap Employee Stock Ownership Plan Esop Deferred Shares Fair Value
EmployeeStockOwnershipPlanESOPDeferredSharesFairValue
3464000
CY2019Q2 us-gaap Employee Stock Ownership Plan Esop Deferred Shares Fair Value
EmployeeStockOwnershipPlanESOPDeferredSharesFairValue
4829000
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
153143
CY2019Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
16.63
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
153143
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
16.63
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y8M12D
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
0
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y8M12D
CY2020Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
0
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
810000
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
804000
CY2020Q1 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
3256972
CY2019Q1 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
3597762
CY2020Q1 us-gaap Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released
WeightedAverageNumberOfSharesEmployeeStockOwnershipPlanSharesNotCommittedToBeReleased
218912
CY2019Q1 us-gaap Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released
WeightedAverageNumberOfSharesEmployeeStockOwnershipPlanSharesNotCommittedToBeReleased
238157
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3038060
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3359605
CY2020Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
51662
CY2019Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
45749
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
3089722
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
3405354
us-gaap Net Income Loss
NetIncomeLoss
2874000
us-gaap Net Income Loss
NetIncomeLoss
2525000
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
3352546
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
3762126
us-gaap Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released
WeightedAverageNumberOfSharesEmployeeStockOwnershipPlanSharesNotCommittedToBeReleased
223723
us-gaap Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released
WeightedAverageNumberOfSharesEmployeeStockOwnershipPlanSharesNotCommittedToBeReleased
242968
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3128823
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3519158
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
53740
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
57472
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
3182563
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
3576630
CY2019Q2 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
89526
CY2019Q2 iroq Stock Repurchase Program Percentage Of Outstanding Shares Authorized To Be Repurchased
StockRepurchaseProgramPercentageOfOutstandingSharesAuthorizedToBeRepurchased
0.025
CY2019Q3 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
320476
CY2019Q3 iroq Stock Repurchase Program Percentage Of Outstanding Shares Authorized To Be Repurchased
StockRepurchaseProgramPercentageOfOutstandingSharesAuthorizedToBeRepurchased
0.090
CY2020Q1 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
148711000
CY2020Q1 us-gaap Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
4597000
CY2020Q1 us-gaap Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
360000
CY2020Q1 us-gaap Available For Sale Securities
AvailableForSaleSecurities
152948000
CY2020Q1 iroq Debt Securities Greater Than Stated Percentage Of Equity Securities
DebtSecuritiesGreaterThanStatedPercentageOfEquitySecurities
0.10
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
6102000
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
6615000
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
4458000
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
4682000
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
2040000
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
2011000
CY2020Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
12600000
CY2020Q1 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
13308000
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
0
CY2020Q1 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
0
CY2020Q1 iroq Temporarily Impaired Debt Securities Percentage Of Investment Securities Portfolio
TemporarilyImpairedDebtSecuritiesPercentageOfInvestmentSecuritiesPortfolio
0.06
CY2019Q2 iroq Temporarily Impaired Debt Securities Percentage Of Investment Securities Portfolio
TemporarilyImpairedDebtSecuritiesPercentageOfInvestmentSecuritiesPortfolio
0.32
CY2020Q1 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
7083000
CY2020Q1 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
218000
CY2020Q1 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
2325000
CY2020Q1 us-gaap Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
142000
CY2019Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
9408000
CY2019Q2 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
16097000
CY2019Q2 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
73000
CY2019Q2 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
31049000
CY2019Q2 us-gaap Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
264000
CY2019Q2 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
47146000
CY2020Q1 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
500682000
CY2019Q2 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
493753000
CY2020Q1 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
-309000
CY2019Q2 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
-349000
CY2020Q1 iroq Maximum Amount Of One To Four Family Residential Mortgage Loans Can Be Approved By Loan Officer
MaximumAmountOfOneToFourFamilyResidentialMortgageLoansCanBeApprovedByLoanOfficer
100000
CY2020Q1 iroq Maximum Amount Of Other Secured Loans Residential Mortgage Loans Can Be Approved By Loan Officer
MaximumAmountOfOtherSecuredLoansResidentialMortgageLoansCanBeApprovedByLoanOfficer
50000
CY2020Q1 iroq Maximum Amount Of Unsecured Loans Residential Mortgage Loans Can Be Approved By Loan Officer
MaximumAmountOfUnsecuredLoansResidentialMortgageLoansCanBeApprovedByLoanOfficer
10000
CY2020Q1 iroq Maximum Amount Of One To Four Family Residential Mortgage Loans Can Be Approved By Managing Officer
MaximumAmountOfOneToFourFamilyResidentialMortgageLoansCanBeApprovedByManagingOfficer
375000
CY2020Q1 iroq Maximum Amount Of Other Secured Loans Residential Mortgage Loans Can Be Approved By Managing Officer
MaximumAmountOfOtherSecuredLoansResidentialMortgageLoansCanBeApprovedByManagingOfficer
375000
CY2020Q1 iroq Maximum Amount Of Unsecured Loans Residential Mortgage Loans Can Be Approved By Managing Officer
MaximumAmountOfUnsecuredLoansResidentialMortgageLoansCanBeApprovedByManagingOfficer
100000
CY2020Q1 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
2000000
CY2020Q1 iroq Maximum Amount Of Unsecured Loans Residential Mortgage Loans Can Be Approved By Loan Committee
MaximumAmountOfUnsecuredLoansResidentialMortgageLoansCanBeApprovedByLoanCommittee
500000
CY2020Q1 us-gaap Notes Receivable Gross
NotesReceivableGross
7000
CY2020Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
2612000
CY2019Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
286000
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
835000
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
721000
us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
13000
CY2019Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
565000
CY2020Q1 us-gaap Aoci Tax Attributable To Parent
AociTaxAttributableToParent
1041000
CY2019Q2 us-gaap Aoci Tax Attributable To Parent
AociTaxAttributableToParent
225000
CY2020Q1 us-gaap Aoci Before Tax Attributable To Parent
AociBeforeTaxAttributableToParent
3653000
CY2019Q2 us-gaap Aoci Before Tax Attributable To Parent
AociBeforeTaxAttributableToParent
790000
CY2020Q1 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
236000
CY2019Q1 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
229000
us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
19000
iroq Income Tax Reconciliation Cash Surrender Value Life Insurance
IncomeTaxReconciliationCashSurrenderValueLifeInsurance
43000
iroq Income Tax Reconciliation Cash Surrender Value Life Insurance
IncomeTaxReconciliationCashSurrenderValueLifeInsurance
42000
CY2020Q1 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
2000
CY2019Q1 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
6000
CY2020Q1 iroq Income Tax Reconciliation Cash Surrender Value Life Insurance
IncomeTaxReconciliationCashSurrenderValueLifeInsurance
14000
CY2019Q1 iroq Income Tax Reconciliation Cash Surrender Value Life Insurance
IncomeTaxReconciliationCashSurrenderValueLifeInsurance
14000
CY2020Q1 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
86000
CY2019Q1 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
73000
CY2020Q1 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
10000
CY2019Q1 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
4000
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
316000
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
299000
us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
231000
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
25000
us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
19000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1103000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
910000
CY2019Q1 iroq Tier One Risk Based Capital To Risk Weighted Assets Conservation Buffer
TierOneRiskBasedCapitalToRiskWeightedAssetsConservationBuffer
0.025
CY2020Q1 iroq Maximum Asset Value Required To Be Maintained Leverage Ratio
MaximumAssetValueRequiredToBeMaintainedLeverageRatio
10000000000
CY2020Q1 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
821000
CY2019Q2 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
853000
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6875000
CY2020Q1 iroq Interest Bearing Time Deposits In Banks
InterestBearingTimeDepositsInBanks
3000000
CY2020Q1 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
494517000
CY2020Q1 us-gaap Interest Receivable
InterestReceivable
2025000
CY2020Q1 us-gaap Secured Debt Repurchase Agreements
SecuredDebtRepurchaseAgreements
3404000
CY2020Q1 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
53500000
CY2020Q1 us-gaap Advance Payments By Borrowers For Taxes And Insurance
AdvancePaymentsByBorrowersForTaxesAndInsurance
1272000
CY2020Q1 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
935000
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
59600000
CY2019Q2 iroq Interest Bearing Time Deposits In Banks
InterestBearingTimeDepositsInBanks
3000000
CY2019Q2 us-gaap Loans And Leases Receivable Net Reported Amount
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