Company: ISBA
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0000842517-25-000210
Chunk: 25

Company: ISABELLA BANK CORP
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 1
Chunk 25
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 $— $4,421 $206,041 States and political subdivisions74,042 26 2,966 71,102 Auction rate money market preferred3,200 — 410 2,790 Mortgage-backed securities24,696 — 1,299 23,397 Collateralized mortgage obligations203,984 1,081 3,852 201,213 Corporate8,150 — 723 7,427 Total$524,534 $1,107 $13,671 $511,970  December 31, 2024AmortizedCostGrossUnrealizedGainsGrossUnrealizedLossesFairValueU.S. Treasury$230,807 $— $10,236 $220,571 States and political subdivisions81,135 9 4,576 76,568 Auction rate money market preferred3,200 — 156 3,044 Mortgage-backed securities29,068 — 2,182 26,886 Collateralized mortgage obligations163,156 — 8,482 154,674 Corporate8,150 — 864 7,286 Total$515,516 $9 $26,496 $489,029 The amortized cost and fair value of AFS securities by contractual maturity at September 30, 2025 are as follows:MaturingSecurities with Variable Monthly Payments or Noncontractual MaturitiesDue inOne Yearor LessAfter OneYear ButWithinFive YearsAfter FiveYears ButWithinTen YearsAfterTen YearsTotalU.S. Treasury$160,417 $50,045 $— $— $— $210,462 States and political subdivisions12,796 18,459 20,048 22,739 — 74,042 Auction rate money market preferred— — — — 3,200 3,200 Mortgage-backed securities— — — — 24,696 24,696 Collateralized mortgage obligations— — — — 203,984 203,984 Corporate— — 8,150 — — 8,150 Total amortized cost$173,213 $68,504 $28,198 $22,739 $231,880 $