Company: ISBA
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0000842517-25-000053
Chunk: 50

Company: ISABELLA BANK CORP
Filing Date: 2025-03-12
Form: 10-K
Item: Item 7
Chunk 50
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67 %Total commercial real estate$547,447 100.00 %$564,244 100.00 %

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.

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Table of Contents

The following table illustrates the amounts of the ACL and ALLL allocated to each loan segments to gross loans as of December 31:20242023202220212020ACL Allocation% of Gross LoansACL Allocation% of Gross LoansALLL Allocation% of Gross LoansALLL Allocation% of Gross LoansALLL Allocation% of Gross LoansCommercial and industrial$1,316 17.20 $968 15.54 $860 14.11 $680 13.91 $704 17.37 Commercial real estate5,171 38.46 5,878 41.82 461 44.78 1,060 42.89 1,458 39.99 Advances to mortgage brokers— 4.43 — 1.37 — — — 5.53 — 4.06 Agricultural287 7.01 270 7.41 577 8.30 289 7.27 311 8.12 Residential real estate4,521 26.75 4,336 26.41 617 26.64 747 24.77 1,363 24.51 Consumer1,600 6.15 1,656 7.45 961 6.17 908 5.63 798 5.95 Total allocated12,895 100.00 13,108 100.00 3,476 100.00 3,684 100.00 4,634 100.00 Unallocated— — — — 6,374 — 5,419 — 5,110 — Total$12,895 100.00 $13,108 100.00 $9,850 100.00 $9,