SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D) OF

THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): March 912, 2026

IF BANCORP, INC.

(Exact name of registrant as specified in its charter)

Maryland		001-35226		45-1834449
(State or Other Jurisdiction of Incorporation)		(Commission File No.)		(I.R.S. Employer Identification No.)

201 East Cherry Street, Watseka, Illinois		60970
(Address of Principal Executive Offices)		(Zip Code)

Registrant's telephone number, including area code: (815) 432-2476

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, par value $0.01 per share		IROQ		The NASDAQ Stock Market, LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

~~Item~~Introductory ~~8.01 Other Events.~~Note

OnThis Current Report on Form 8-K is being filed in connection with the closing on March 912, 2026 of the transactions contemplated by the Agreement and Plan of Merger, indated ~~conjunction~~as ~~with~~of ~~their~~October ~~proposed~~29, ~~merger~~2025 (the “Merger Agreement”), by and between ServBanc Holdco, Inc., an Arizona corporation (“ServBanc”), and IF Bancorp, Inc., ~~(the “Company”) entered into~~ a ~~Contingent~~Maryland ~~Payment~~corporation ~~Agreement~~ (~~the~~ “~~Agreement~~IF Bancorp”) ~~in connection with the classification~~, and ~~requested~~joined ~~renewal~~in by ~~the~~SBHI Holdings, ~~Company~~Inc., ofa ~~certain~~newly ~~loan~~formed ~~participation~~Maryland ~~interests~~corporation ofand ~~Iroquois~~wholly ~~Federal~~owned ~~Savings~~subsidiary ~~and~~of ~~Loan~~ServBanc ~~Association~~ (~~the~~ “~~Bank~~Merger Sub”)~~, and to establish a specific reserve against such participation interest~~. ~~The~~Merger ~~parties~~Sub ~~entered~~merged ~~into~~with ~~an Agreement~~ and ~~Plan~~into ofIF ~~Merger~~Bancorp, onwith ~~October~~IF ~~29,~~Bancorp ~~2025~~as (the ~~“Merger~~surviving ~~Agreement”)~~entity, ~~and~~effective ~~expect~~as toof ~~close~~6:01 ~~the~~p.m., ~~Merger~~central time, on March 12, 2026, as(the ~~previously~~“Effective ~~disclosed~~Time”).

~~Pursuant~~Item to the Agreement, ServBanc and the Company have agreed that the Bank may renew a loan participation interest in the amount of $13,995,617 (the “Loan”) for 120 days, with an additional 60-day extension under certain circumstances (the “Renewal Period”), provided the Bank establishes a specific reserve of $7,000,000 against the Loan2.01 ~~Correspondingly,~~Completion ~~ServBanc has agreed to deposit $5,004,650 (the “Contingent Payment Fund”), reflecting the tax-effected impact~~ of ~~the~~Acquisition reserve on the Company’s tangible common equity, into an account with a contingent payment agent. The Contingent Payment Fund, net of certain expenses, would be disbursed after the closing of the Merger during the Renewal Period, on a pro rata, per share basis, to holders of the Company’s common stock as of the closing date of the Merger only if the Loan is repaid, in part or inDisposition ~~full, in excess~~ of ~~the unreserved amount of the Loan within the Renewal Period, as described in greater detail in the Agreement~~Assets. If the Contingent Payment Fund is not distributed to Company stockholders under the Agreement, such funds, net of certain expenses, will revert to ServBanc. Accordingly, there is no guarantee as to the amount of the Contingent Payment Fund, if any, that may be paid to Company stockholders.

~~The~~On ~~foregoing~~March ~~summary~~12, of2026, ~~the~~pursuant ~~Agreement~~to ~~does~~the ~~not~~Merger ~~purport~~Agreement, toMerger beSub ~~complete~~merged with and isinto ~~qualified~~IF inBancorp, ~~its~~with ~~entirety~~IF byBancorp ~~reference~~as to the ~~complete~~surviving ~~text~~entity of(the ~~such~~“Merger”). ~~document,~~ Following ~~which~~the isMerger, ~~attached~~IF ~~hereto~~Bancorp aswas ~~Exhibit~~merged ~~99.1~~with and isinto ~~incorporated~~ServBanc, ~~herein~~with byServBanc ~~reference~~as the surviving entity.

~~ServBanc~~Under ~~and~~ the ~~Company~~terms ~~have~~of ~~preliminarily agreed upon~~ the ~~tangible~~Merger ~~common~~Agreement, ~~equity~~each ~~calculation~~share of ~~the~~IF ~~Company~~Bancorp ascommon ~~per~~stock ~~the~~was ~~Merger~~converted ~~Agreement~~into ~~and, as a result,~~ the ~~cash~~right ~~merger consideration is expected~~ to bereceive $26.40 ~~per~~in ~~share,~~cash ~~excluding any payment of~~ (the ~~Contingent Payment Fund~~“Merger Consideration”), ifbased ~~any,~~on tothe ~~Company~~tangible ~~stockholders~~common ~~under~~equity ~~the~~calculation ~~Agreement. If~~of the ~~entire~~IF ~~Contingent~~Bancorp ~~Payment~~set ~~Fund~~forth isin ~~paid to Company stockholders,~~ the ~~per~~Merger ~~share~~Agreement. ~~payment~~At ~~would~~the beEffective ~~approximately $1.51 per share~~Time, ~~net~~each ofrestricted ~~estimated~~stock ~~expenses~~award ~~associated~~issued ~~with~~that ~~the~~was ~~engagement~~outstanding ofat the ~~contingent~~Effective ~~payment~~Time ~~agent,~~vested ~~maintenance~~in offull ~~the~~and ~~Contingent~~such ~~Payment~~shares were ~~Fund~~converted ~~account~~into ~~and~~the ~~fees~~right ~~payable~~ to receive the ~~Company’s~~ ~~financial~~Merger ~~advisor, Keefe Bruyette and Woods, Inc~~Consideration.

As described in the IF Bancorp Current Report on Form 8-K filed on March 10, 2026 (the “Contingent Payment 8-K”), ServBanc and IF Bancorp entered into a Contingent Payment Agreement, dated March 9, 2026 (the “Contingent Payment Agreement”), pursuant to which a contingent payment fund of $5,004,650 (the “Contingent Payment Fund”) was established with Computershare Trust Company, N.A., and funded by ServBanc. Pursuant to the Contingent Payment Agreement, the Contingent Payment Fund, net of certain expenses, may be disbursed, on a pro rata, per share basis, to holders of IF Bancorp’s common stock as of the closing date of the Merger if a loan participation interest of IF Bancorp is repaid, in part or in full, in excess of the unreserved amount of the loan participation, as described in greater detail in Contingent Payment 8-K and the Contingent Payment Agreement. If the entire Contingent Payment Fund is paid to IF Bancorp stockholders, the per share payment would be approximately $1.51 per share, net of estimated expenses associated with the engagement of the contingent payment agent, maintenance of the Contingent Payment Fund account and fees payable to IF Bancorp’s financial advisor, Keefe Bruyette and Woods, Inc.

The foregoing description of the Merger, the Merger Agreement and the Contingent Payment Agreement does not purport to be complete and is qualified in its entirety by reference to the Merger Agreement, which was filed as Exhibit 2.1 to IF Bancorp Bancorp’s Current Report on Form 8-K filed on October 30, 2025, and the Contingent Payment Agreement, which was filed as Exhibit 99.1 to the Contingent Payment 8-K, each of which is incorporated herein by reference.

Subsequent to the Merger, Iroquois Federal Savings and Loan Association, a federal savings and loan association that was wholly owned by IF Bancorp, merged with and into Servbank, National Association, a national banking association and wholly owned subsidiary of ServBanc (“Servbank”), with Servbank as the surviving entity (the “Bank Merger”).

Item 3.01

Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

As a result of the Merger and the subsequent merger of IF Bancorp with and into ServBanc, IF Bancorp no longer fulfills the listing requirements of the Nasdaq Stock Market (“Nasdaq”). On March 12, 2026, IF Bancorp notified Nasdaq that trading in IF Bancorp common stock should be suspended and the listing of IF Bancorp common stock should be removed, in each case prior to the opening of the market on March 13, 2026. Nasdaq has filed a notification of removal from listing of IF Bancorp common stock on Form 25 with the Securities and Exchange Commission to deregister IF Bancorp’s common stock under Section 12 of the Securities Exchange Act of 1934. ServBanc, as successor to IF Bancorp, intends to file a Form 15 with the Securities and Exchange Commission to suspend IF Bancorp’s reporting obligations under Sections 13 and 15(d) of the Securities Exchange Act of 1934.

Item 3.03

Material Modification to the Rights of Security Holders.

The information set forth under Items 2.01, 3.01 and 5.03 of this Current Report on Form 8-K is incorporated by reference into this Item 3.03.

Item 5.01

Changes in Control of Registrant.

The information set forth under Item 2.01 of this Current Report on Form 8-K is incorporated by reference into this Item 5.01.

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective upon the consummation of the Merger, IF Bancorp’s directors and executive officers ceased serving in such capacities. At the Effective Time, Walter H. Hasselbring III, Chief Executive Officer of IF Bancorp, was appointed as a director of Servbank.

Item 5.03

Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

Effective upon the consummation of the Merger, the Articles of Incorporation and the Bylaws of IF Bancorp ceased to be in effect.

Forward-Looking Statements

This Current Report on Form 8-K contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to risks and uncertainties and are made pursuant to the safe harbor provisions of Section 27A of the Securities Act. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often, but not always, include words like “believe,” “expect,” “anticipate,” “estimate,” and “intend” or future or conditional verbs such as “will,” “would,” “should,” “could,” or “may.” Certain factors that could cause actual results to ~~differ~~ differ materially from expected results include and the other factors detailed from time to time in ~~the~~IF ~~Company~~Bancorp’s reports filed with the Securities and Exchange Commission, including those described in its Forms 10-K and the following: ~~delays in completing or the inability to complete the Merger, including~~ difficulties in achieving cost savings from the Merger or in achieving such cost savings within the expected time frame, difficulties in integrating ServBanc and ~~the~~IF ~~Company~~Bancorp, whether the Loan is repaid during the ~~Renewal~~renewal ~~Period~~period and whether such repayment is partial or in full, the reaction of the companies’ customers, employees and counterparties to the transaction, increased competitive pressures, changes in the interest rate environment, changes in general economic conditions, legislative and regulatory changes that adversely affect the business in which ServBanc and ~~the~~IF ~~Company~~Bancorp are engaged, or changes in the securities markets and other risks and uncertainties. Undue reliance should not be placed on the forward-looking statements, which speak only as of the date hereof. Neither ServBanc nor ~~the~~IF ~~Company~~Bancorp undertakes, and each specifically disclaims any obligation, to publicly release the result of any revisions that may be made to update any forward-looking statement to reflect the events or circumstances after the date on which the forward-looking statement is made, or reflect the occurrence of unanticipated events, except to the extent required by law. All forward-looking statements, express or implied, included in this Current Report on Form 8-K are qualified in their entirety by this cautionary statement.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits
(d)	Exhibits
~~Exhibit No.~~	~~Description~~Exhibit No.	Description
99.1	Contingent Payment Agreement by and between ServBanc and the Company, dated as of March 9, 2026.*
	2.1	Agreement and Plan of Merger by and between ServBanc Holdco, Inc. and IF Bancorp, Inc., dated October 29, 2025 (incorporated by reference to Exhibit 2.1 to IF Bancorp’s Form 8-K filed on October 30, 2025)*
104	Cover Page Interactive Data File (embedded within the Inline XBRL document)
	99.1	Contingent Payment Agreement by and between ServBanc and the Company, dated as of March 8, 2026 (incorporated by reference to Exhibit 99.1 to IF Bancorp’s Form 8-K filed on March 10, 2026)*
	104	Cover Page Interactive Data File (embedded within the Inline XBRL document)

* ~~The~~IF ~~Company~~Bancorp has omitted schedules and similar attachments to the subject agreement pursuant to Item 601(a) of Regulation S-K. ~~the~~IF ~~Company~~Bancorp will furnish a copy of any omitted schedule or similar attachment to the SEC upon request.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

		IF BANCORP, INC.
	SERVBANC HOLDCO, INC. AS SUCCESSOR TO IF BANCORP, INC.
DATE: March 10, 2026	By:	/s/ Walter H. Hasselbring, III
Date: March 13, 2026	By: /s/ Stavros Papastavrou
		Walter H. Hasselbring, III
	Stavros Papastavrou
		Chief Executive Officer
	Chairman

Filing Compare · IF Bancorp, Inc.