Illawarra-headquartered financial services outfit IMB Ltd has re-announced its next voluntary off-market share buyback, seeking to buy back up to $13 million of shares. Shareholders will soon begin to receive their Buyback Booklet with the Tender Period opening on 8 NovemberNoel Cornish, chairman of IMB Ltd, in addressing the mutual bank's AGM, reminded his audience that: "this non-major non-bank lender has continued to operate 14 branches from Thirroul to Kiama where many other banks and mutual ADIs have chosen to close their doors."And, of course, we have grown outside the Illawarra. Overall, IMB Bank now serves over 193,000 members with 44 branches between Melbourne and Sydney including seven branches in the Australian Capital Territory." Cornish then went on that to explain that IMB was "strategically and prudently focused on taking IMB's mutual banking offer beyond our current areas of operation". The plan is do this through geographic expansion, leading digital banking options and, as opportunities arise, by mergers with other mutuals - such as the 1 July 2016 merger with Sutherland Credit Union took place, along with the addition of around 9,000 members to the IMB group.Thus, although net profit after tax was A$27.5 million, and was down seven per cent on the prior year, it was spun as a good result.