Company: ISBA
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0000842517-25-000210
Chunk: 82

Company: ISABELLA BANK CORP
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 1
Chunk 82
---
Average BalanceTax Equivalent InterestAverage Yield/RateAverage BalanceTax Equivalent InterestAverage Yield/RateINTEREST EARNING ASSETSLoans (1)$1,389,936 $59,763 5.75 %$1,376,122 $57,150 5.55 %AFS securities (2)522,049 9,210 2.34 %546,376 9,153 2.23 %FHLB stock7,384 355 6.41 %12,762 472 4.93 %Fed funds sold66 2 4.35 %6 — 5.35 %Other (3)63,959 1,968 3.92 %17,941 750 5.49 %Total interest earning assets1,983,394 71,298 4.80 %1,953,207 67,525 4.62 %NONEARNING ASSETSAllowance for credit losses(13,104)(13,216)Cash and demand deposits due from banks23,844 24,623 Premises and equipment28,195 27,962 Other assets106,430 83,878 Total assets$2,128,759 $2,076,454 INTEREST BEARING LIABILITIESInterest bearing demand deposits$236,989 606 0.34 %$238,703 542 0.30 %Money market deposits481,571 9,319 2.59 %445,604 9,437 2.83 %Savings287,425 1,642 0.76 %280,447 1,154 0.55 %Certificates of deposit394,395 11,299 3.83 %366,672 10,974 4.00 %Short-term borrowings46,008 1,106 3.21 %43,197 1,026 3.18 %FHLB advances4,945 170 4.53 %37,883 1,597 5.54 %Subordinated debt, net of unamortized issuance costs29,455 799 3.61 %29,365 799 3.63 %Total interest bearing liabilities1,480,788 24,941 2.25 %1,441,871 25