Company: ISBA
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0000842517-25-000099
Chunk: 97

Company: ISABELLA BANK CORP
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 2
Chunk 97
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Real estate1-4 family investor$87,760 15.89 %$86,736 15.84 %Multifamily60,846 11.02 %61,033 11.15 %All other153,050 27.71 %147,566 26.96 %Hotels83,511 15.12 %83,426 15.24 %Health care42,482 7.69 %43,197 7.89 %Retail trade33,266 6.02 %33,586 6.14 %Manufacturing13,686 2.48 %12,381 2.26 %Accommodation services11,597 2.10 %11,786 2.15 %Construction11,252 2.04 %10,901 1.99 %Educational services11,018 2.00 %11,160 2.04 %Wholesale trade10,720 1.94 %10,918 1.99 %Other33,046 5.99 %34,757 6.35 %Total commercial real estate$552,234 100.00 %$547,447 100.00 %

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:March 312025December 312024September 302024June 302024March 312024Annualized Growth %Quarter to DateNoninterest bearing demand deposits$404,194 $416,373 $421,493 $412,193 $413,272 (11.70)%Interest bearing demand deposits243,939 237,548 228,902 232,660 250,314 10.76 %Money market deposits473,138 423,883 471,745 429,150 453,014 46.48 %Savings286,399 281,665 276,095 279,847