Company: ISBA
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0000842517-25-000053
Chunk: 59

Company: ISABELLA BANK CORP
Filing Date: 2025-03-12
Form: 10-K
Item: Item 7
Chunk 59
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 change those methods in the future to adapt to changes in circumstances or to implement new techniques.

Gap analysis is also utilized as a method to measure interest rate sensitivity. Interest rate sensitivity is determined by the amount of earning assets and interest bearing liabilities repricing within a specific time period, and their relative sensitivity to a change in interest rates. We strive to achieve reasonable stability in the net interest margin through periods of changing interest rates. 

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Table of Contents

The following table shows the maturity of loans outstanding at December 31, 2024 based on contractual terms. Also provided are the amounts classified according to the sensitivity to changes in interest rates.1 Yearor Less1 to 5Years5 to 15YearsOver 15YearsTotalCommercial and industrial$41,539 $98,182 $45,416 $59,757 $244,894 Commercial real estate23,420 69,062 137,341 317,624 547,447 Advances to mortgage brokers63,080 — — — 63,080 Agricultural16,047 20,257 28,043 35,347 99,694 Residential real estate3,627 15,410 130,927 230,908 380,872 Consumer2,115 43,616 41,401 452 87,584 Total$149,828 $246,527 $383,128 $644,088 $1,423,571 Fixed interest ratesCommercial and industrial$6,859 $70,685 $20,799 $76 $98,419 Commercial real estate19,224 58,934 12,298 5,259 95,715 Advances to mortgage brokers63,080 — — — 63,080 Agricultural2,653 8,520 2,577 352 14,102 Residential real estate2,244 5,570 91,829 20,907 120,550 Consumer1,840 43,143 41,312 452 86,747 Total$95,900 $186,852 $168,815 $27,046 $478,613 Variable interest ratesCommercial and industrial$34,680 $27,497 $24,617 $59,681 $146,475 Commercial real estate4,196