Iroquois Federal Savings and Loan Association

Watseka, IL · Cert 29675

FDIC · 7 branches

Q4 2025

$830.4MAssets

$598.8MLoans

$654.9MDeposits

$81.7MEquity

Loan mix

Deposit mix

NIM

Market Position · Kankakee, IL · 2025 SOD (annual) · 2.6% share · #11 of 13 inst. · $0.1B of $2.6B

25.5% Vermilion

21.5% Iroquois

2.6% Kankakee

0.7% Champaign

Earnings: ROA of 0.63%, up 7 bps year over year; NIM at 2.73%.
Asset quality: problem loans at 0.33% of loans (+29 bps YoY), with net charge-offs at 0.04%.

Return on Assets (quarter, annualized)

0.63%+7 bps YoY

Net Interest Margin (quarter, annualized)

2.73%+59 bps YoY

Efficiency Ratio (quarter, annualized)

74.48%-518 bps YoY

Tier 1 Leverage Ratio

10.90%+133 bps YoY

Discrete quarter, annualized.

Metric	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	YoY Δ
Earnings
Return on Assets	0.56%	0.48%	0.65%	0.64%	0.63%	+7 bps
Return on Equity	7.10%	5.94%	7.79%	7.25%	6.64%	-45 bps
Net Interest Margin	2.15%	2.25%	2.50%	2.70%	2.73%	+59 bps
Efficiency Ratio	79.65%	81.44%	76.25%	72.88%	74.48%	-518 bps
Non-Interest Burden	1.64%	1.78%	1.83%	1.86%	1.91%	+27 bps
Growth
Asset Growth (YoY)	-2.82%	-2.86%	-0.02%	-3.48%	-6.19%	-337 bps
Loan Growth (YoY)	-0.98%	-0.89%	-1.02%	-4.39%	-8.58%	-760 bps
Deposit Growth (YoY)	0.36%	0.12%	-0.97%	0.30%	-4.88%	-523 bps
Asset Quality
Nonperforming Loans / Loans	0.04%	0.05%	0.01%	0.16%	0.33%	+29 bps
Net Charge-Offs / Loans	-0.17%	0.00%	0.05%	0.05%	0.04%	+21 bps
Allowance / Loans	1.12%	1.10%	1.04%	1.04%	1.09%	-3 bps
Allowance Coverage of NPLs	29.6x	21.1x	144.1x	6.4x	3.3x	-26.3x
Capital
Tier 1 Leverage Ratio	9.57%	9.79%	10.04%	10.25%	10.90%	+133 bps
Total Risk-Based Capital	9.57%	9.79%	10.04%	10.25%	10.90%	+133 bps
Equity / Assets	7.78%	8.25%	8.50%	9.14%	9.83%	+206 bps
Liquidity & Funding
Loans / Deposits	95.14%	93.42%	88.04%	91.23%	91.44%	-370 bps
Liquid Assets / Assets	0.24%	0.38%	0.95%	0.34%	0.42%	+18 bps
CRE / Total Capital	n/a	n/a	n/a	344%	317%	n/a