Company: ISBA
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0000842517-25-000210
Chunk: 111

Company: ISABELLA BANK CORP
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 2
Chunk 111
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 100.00 %

Commercial real estate loans are subject to a varying degree of risk from changes in interest rates and economic conditions. To control these risks, we maintain strict underwriting standards, lending limits to a single borrower, loan to collateral value limits, and a defined market area. We also monitor and limit loan concentrations to specific industries.  Our practices also include appropriate loan reviews, and monitoring of past due levels, concentrations, industry trends, and other qualitative factors.

Deposits

The following table displays deposit balances as of:September 302025June 302025March 312025December 312024September 302024Annualized Growth %Quarter to DateAnnualized Growth %Year to DateNoninterest bearing demand deposits$421,027 $493,477 $404,194 $416,373 $421,493 (58.73)%1.49 %Interest bearing demand deposits248,666 223,376 243,939 237,548 228,902 45.29 %6.24 %Money market deposits558,212 446,845 473,138 423,883 471,745 99.69 %42.25 %Savings292,899 289,746 286,399 281,665 276,095 4.35 %5.32 %Certificates of deposit404,798 395,932 390,239 387,591 383,597 8.96 %5.92 %Total$1,925,602 $1,849,376 $1,797,909 $1,747,060 $1,781,832 16.49 %13.63 %

49

Asset Quality Analysis

The following table outlines our asset quality analysis as of, and for the three-month periods ended:

September 302025June 302025March 312025December 312024September 302024NONPERFORMING ASSETSCommercial and industrial$16 $17 $— $— $120 Commercial real estate3,000 533 — — — Agricultural— — — — — Residential real estate427 614 173 282 427 Consumer— — — — — Total nonaccrual loans3,443 1,164 173 282 547 Accruing loans past due 90 days or more