Filing Details
- Accession Number:
- 0000943374-23-000050
- Form Type:
- 13G Filing
- Publication Date:
- 2023-01-26 19:00:00
- Filed By:
- If Bancorp, Inc.
- Company:
- If Bancorp Inc. (NASDAQ:IROQ)
- Filing Date:
- 2023-01-27
- SEC Url:
- 13G Filing
Ownership Summary
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| Iroquois Federal Savings and Loan Association Employee Stock Ownership Plan Trust | 173,205 | 164,894 | 322,971 | 15,128 | 338,099 | 10.13% |
Filing
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment 12)*
IF Bancorp, Inc.
(Name of Issuer)
Common Stock, par value $0.01 per share
(Title of Class of Securities)
44951J 105
(CUSIP Number)
December 31, 2022
(Date of Event Which Requires Filing of This Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
| ☒ | Rule 13d-1(b) |
| ☐ | Rule 13d-1(c) |
| ☐ | Rule 13d-1(d) |
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the
liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
Page 1 of 5 Pages
| CUSIP NO. 44951J 105 | 13G | Page 2 of 5 Pages |
| 1 | Names of Reporting Persons Iroquois Federal Savings and Loan Association Employee Stock Ownership Plan Trust | ||
| 2 | Check the Appropriate Box if a Member of a Group (See Instructions) (a)☐ (b)☒ | ||
| 3 | SEC Use Only | ||
| 4 | Citizenship or Place of Organization Illinois | ||
| Number of Shares Beneficially Owned by Each Reporting Person With: | 5 | Sole Voting Power 173,205 | |
| 6 | Shared Voting Power 164,894 | ||
| 7 | Sole Dispositive Power 322,971 | ||
| 8 | Shared Dispositive Power 15,128 | ||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person 338,099 | ||
| 10 | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) ☐ | ||
| 11 | Percent of Class Represented by Amount in Row 9 10.13% of 3,337,626 shares of Common Stock outstanding as of December 31, 2022. | ||
| 12 | Type of Reporting Person (See Instructions) EP | ||
| CUSIP NO. 44951J 105 | 13G | Page 3 of 5 Pages |
Item 1
| (a) | Name of Issuer |
IF Bancorp, Inc.
| (b) | Address of Issuer's Principal Executive Offices |
201 E. Cherry Street
Watseka, Illinois 60970
Item 2
| (a) | Name of Person Filing |
Iroquois Federal Savings and Loan Association
Employee Stock Ownership Plan Trust
Trustee: First Trust of MidAmerica
Services provided by Community Bank of Pleasant Hill
| (b) | Address of Principal Business Office |
3500 N Village Dr. Suite 220
St. Joseph, Missouri 64506
| (c) | Citizenship or Place of Organization |
See Page 2, Item 4.
| (d) | Title of Class of Securities |
Common Stock, par value $0.01 per share
| (e) | CUSIP Number |
See Page 1.
| Item 3. | If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b, or (c), check whether the person filing is a: |
(f) ☒ An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F).
| CUSIP NO. 44951J 105 | 13G | Page 4 of 5 Pages |
| Item 4. | Ownership |
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
| (a) | Amount beneficially owned: See Page 2, Item 9. |
| (b) | Percent of class: See Page 2, Item 11. |
| (c) | Number of shares as to which the person has: |
| (i) | Sole power to vote or to direct the vote: See Page 2, Item 5. |
| (ii) | Shared power to vote or to direct the vote: See Page 2, Item 6. |
| (iii) | Sole power to dispose or to direct the disposition of: See Page 2, Item 7. |
| (iv) | Shared power to dispose or to direct the disposition of: See Page 2, Item 8. |
| Item 5. | Ownership of Five Percent or Less of a Class |
Not applicable
| Item 6. | Ownership of More Than Five Percent on Behalf of Another Person |
Not applicable
| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person |
Not applicable
| Item 8. | Identification and Classification of Members of the Group |
The reporting person is an employee benefit plan subject to the provisions of the Employee Retirement Income Security Act of 1974.
| Item 9. | Notice of Dissolution of Group |
Not applicable
| Item 10. | Certification |
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not
acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that
purpose or effect, other than activities solely in connection with a nomination under §240.14a-11.
| CUSIP NO. 44951J 105 | 13G | Page 5 of 5 Pages |
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
| IROQUOIS FEDERAL SAVINGS AND LOAN ASSOCIATION EMPLOYEE STOCK OWNERSHIP PLAN TRUST | |
| Date: January 25, 2023 | By: First Trust of MidAmerica, as Trustee |
| Services provided by Community Bank of Pleasant Hill | |
| /s/ Gerald Lau | |
| Name: Gerald Lau | |
| Title: Senior Vice President |