Company: ISBA
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0000842517-25-000210
Chunk: 55

Company: ISABELLA BANK CORP
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 1
Chunk 55
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1,767)Recoveries6 318 — 20 64 408 Provision for credit losses(46)(710)— (40)1,695 899 September 30, 2024$1,224 $5,177 $258 $4,331 $1,645 $12,635 Nine Months Ended September 30, 2024Commercial and IndustrialCommercial Real EstateAgriculturalResidential Real EstateConsumerTotalDecember 31, 2023$968 $5,878 $270 $4,336 $1,656 $13,108 Charge-offs(336)— — (10)(2,139)(2,485)Recoveries10 353 2 112 210 687 Provision for credit losses582 (1,054)(14)(107)1,918 1,325 September 30, 2024$1,224 $5,177 $258 $4,331 $1,645 $12,635 The following table illustrates the two main components of the ACL as of:September 302025June 302025March 312025December 312024September 302024ACLIndividually evaluated$— $— $— $— $— Collectively evaluated13,149 12,977 12,735 12,895 12,635 Total$13,149 $12,977 $12,735 $12,895 $12,635 ACL to gross loansIndividually evaluated0.00 %0.00 %0.00 %0.00 %0.00 %Collectively evaluated0.92 %0.93 %0.93 %0.91 %0.89 %Total0.92 %0.93 %0.93 %0.91 %0.89 %The following table presents loans that were evaluated for expected credit losses on an individual basis and the related specific allocations, by loan segment as of: September 30, 2025December 31, 2024Loan BalanceSpecific AllocationLoan BalanceSpecific AllocationCommercial and industrial$— $— $— $— Commercial real estate3,000 — — — Agricultural— — — — Residential real estate426