{"schema_version":"secwatch.filing_event.v1","accession":"0000943374-24-000167","form_type":"8-K","ticker":null,"cik":"0001514743","company_name":"IF Bancorp, Inc.","filed_at":"2024-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.768093+00:00","generated_at":"2026-06-03T04:20:34.384712+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"IF Bancorp Q3 net income $708K flat; 9-month net income down 66% to $1.4M","bullets":["Q3 net income $708K ($0.22/sh) vs $690K ($0.22/sh) a year ago; nine-month net income $1.4M ($0.42/sh) down from $4.1M ($1.29/sh).","Net interest income fell to $4.3M in Q3 from $5.0M; nine-month $13.2M vs $17.3M, pressured by higher deposit costs.","Interest expense surged to $6.5M in Q3 from $3.2M; total borrowings rose to $139.5M from $30.3M at June 30, 2023.","Deposits decreased to $681.8M from $735.3M; $62.1M in public entity tax deposits were withdrawn.","Credit for credit losses of $(390K) in Q3 vs provision $240K prior year; net loan portfolio grew to $643.3M."],"urls":{"canonical":"https://secwatch.observer/filing/0000943374-24-000167","json":"https://secwatch.observer/filing/0000943374-24-000167.json","markdown":"https://secwatch.observer/filing/0000943374-24-000167.md","text":"https://secwatch.observer/filing/0000943374-24-000167.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1514743/000094337424000167/0000943374-24-000167-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1514743/000094337424000167/form8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T04:20:34.384712+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9d4be16ef69cb2175db13095b70edeee68ceab33","claim":"IF Bancorp, Inc. reported nine months ended March 31, 2024 results: net income $1.4 million, EPS $0.42 per basic and diluted share.","evidence_excerpt":"The Company announced unaudited net income of $1.4 million, or $0.42 per basic and diluted share for the nine months ended March 31, 2024","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1514743/000094337424000167/0000943374-24-000167-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"nine months ended March 31, 2024"},{"label":"Net income","value":"$1.4 million"},{"label":"EPS","value":"$0.42 per basic and diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"c791cb94e2de12939f5489bae346d88034b59fc8","claim":"IF Bancorp, Inc. reported three months ended March 31, 2024 results: net income $708,000, EPS $0.22 per basic and diluted share.","evidence_excerpt":"IF Bancorp, Inc. (NASDAQ: IROQ) (the “Company”) the holding company for Iroquois Federal Savings and Loan Association (the “Association”), announced unaudited net income of $708,000, or $0.22 per basic and diluted share, for the three months ended March 31, 2024","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1514743/000094337424000167/0000943374-24-000167-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended March 31, 2024"},{"label":"Net income","value":"$708,000"},{"label":"EPS","value":"$0.22 per basic and diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}