Company: ISBA
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0000842517-25-000210
Chunk: 104

Company: ISABELLA BANK CORP
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 2
Chunk 104
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 Trump, which includes a broad range of tax reform provisions affecting businesses, including extending and modifying certain key provisions from the Tax Cuts and Jobs Act of 2017 and expanding certain incentives from the Inflation Reduction Act of 2022 while accelerating the phase-out of others.  The Corporation continues to evaluate the OBBBA but does not anticipate that the OBBBA will have a material impact on the Corporation’s Consolidated Financial Statements.

Nasdaq Listing

Beginning with the opening of trading on Monday, May 12, 2025, our shares of common stock were listed for trading on The Nasdaq Capital Market under our current symbol, “ISBA.”  Prior to this listing on Nasdaq, our shares of common stock were listed on the OTCQX under the same symbol through May 9, 2025.

Reclassifications

Certain amounts reported in the interim 2024 consolidated financial statements have been reclassified to conform to the 2025 presentation.

Subsequent Events

We evaluated subsequent events after September 30, 2025 through the date our interim condensed consolidated financial statements were issued for potential recognition and disclosure.  We determined that no subsequent events require financial statement recognition or disclosure between September 30, 2025 and the date our interim condensed consolidated financial statements were issued.

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Selected Financial Data (Unaudited)

The following table outlines our results of operations and provides certain performance measures as of, and for the:Three Months EndedNine Months EndedSeptember 302025June 302025March 312025December 312024September 302024September 302025September 302024PER SHAREBasic earnings$0.71 $0.68 $0.53 $0.54 $0.44 $1.93 $1.32 Diluted earnings0.71 0.68 0.53 0.54 0.44 1.92 1.32 Dividends0.28 0.28 0.28 0.28 0.28 0.84 0.84 Book value (1)30.94 29.95 29.10 28.32 28.63 30.94 28.63 Tangible book value (1) (2)24.37 23.39 22.58 21.82 22.14 24.37 22.14 Market price (1)35.25 30.