Company: ISBA
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0000842517-25-000135
Chunk: 117

Company: ISABELLA BANK CORP
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 2
Chunk 117
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 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:June 302025March 312025December 312024September 302024June 302024Annualized Growth %Quarter to DateAnnualized Growth %Year to DateNoninterest bearing demand deposits$493,477 $404,194 $416,373 $421,493 $412,193 88.36 %37.04 %Interest bearing demand deposits223,376 243,939 237,548 228,902 232,660 (33.72)%(11.93)%Money market deposits446,845 473,138 423,883 471,745 429,150 (22.23)%10.83 %Savings289,746 286,399 281,665 276,095 279,847 4.67 %5.74 %Certificates of deposit395,932 390,239 387,591 383,597 368,449 5.84 %4.30 %Total$1,849,376 $1,797,909 $1,747,060 $1,781,832 $1,722,299 11.45 %11.71 %

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Asset Quality Analysis

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

June 302025March 312025December 312024September 302024June 302024NONPERFORMING ASSETSCommercial and industrial$17 $— $— $120 $271 Commercial real estate533 — — — — Agricultural— — — — 167 Residential real estate614 173 282 427 556 Consumer— — — — — Total nonaccrual loans1,164 173 282 547 994 Accruing loans past due 90 days or more31 26 19 64 15 Total nonperforming loans1,