Company: ISBA
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0000842517-25-000135
Chunk: 59

Company: ISABELLA BANK CORP
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 1
Chunk 59
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 share includes additional common shares that would have been outstanding if dilutive potential common shares had been issued. Potential common shares that may be issued relate solely to outstanding shares in the Directors Plan and grant awards under the RSP.Earnings per common share have been computed based on the following for the: Three Months Ended  June 30Six Months Ended  June 302025202420252024Average number of common shares outstanding for basic calculation7,383,338 7,477,310 7,400,370 7,485,743 Average potential effect of common shares in the RSP14,771 17,518 13,604 15,694 Average number of common shares outstanding used to calculate diluted earnings per common share7,398,109 7,494,828 7,413,974 7,501,437 Net income$5,031 $3,481 $8,980 $6,612 Earnings per common shareBasic$0.68 $0.47 $1.21 $0.88 Diluted0.68 0.46 1.21 0.88 

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Note 6 – Capital Ratios and Shareholders' Equity

As of June 30, 2025 and December 31, 2024, the most recent notifications from the FRB and the FDIC categorized us as “well capitalized” under the FDIC's regulatory framework for prompt corrective action and the Basel III capital guidelines.  To be categorized as “well capitalized,” an institution must maintain minimum total risk-based, Tier 1 risk-based, common equity Tier 1, and Tier 1 leverage ratios as set forth in the following tables.  The minimum requirements presented below include the minimum required capital levels based on the Basel III capital guidelines.  Capital requirements to be considered “well capitalized” are based upon the FDIC's prompt corrective action regulations, as amended to reflect the changes under the Basel III capital guidelines.  There were no conditions or events since the notifications that we believe have changed our categories.  The following tables set forth these requirements and our ratios, both on a bank-only and on a consolidated basis, as of:June 30, 2025ActualMinimum CapitalRequired Plus Capital Conservation BufferMinimum CapitalRequired To Be ConsideredWell Capitalized (1)AmountRatioAmountRatioAmountRatioCommon equity Tier 1 capital to risk weighted assetsIsabella Bank$181,950 12.