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Stock impact report

IF Bancorp, Inc. Announces Results for First Quarter of Fiscal Year 2018 (Unaudited)

IF Bancorp, Inc. (IROQ) 
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/1032002
Company Research Source: Business Wire
WATSEKA, Ill.--(BUSINESS WIRE)-- IF Bancorp, Inc. (NASDAQ: IROQ) (the “Company”) the holding company for Iroquois Federal Savings and Loan Association (the “Association”), announced unaudited net income of $975,000, or $0.27 per basic share and $0.26 per diluted share, for the three months ended September 30, 2017, compared to $1.3 million, or $0.35 per basic and diluted share, for the three months ended September 30, 2016. For the three months ended September 30, 2017, net interest income was $4.4 million compared to $4.5 million for the three months ended September 30, 2016. The provision for loan losses increased to $408,000 for the three months ended September 30, 2017, from $79,000 for the three months ended September 30, 2016. Interest income increased to $5.5 million for the three months ended September 30, 2017, from $5.4 million for the three months ended September 30, 2016. Interest expense inc Show less Read more
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