Company: ISBA
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0000842517-25-000053
Chunk: 71

Company: ISABELLA BANK CORP
Filing Date: 2025-03-12
Form: 10-K
Item: Item 8
Chunk 71
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-based compensation expense recognized in earnings under the RSP— 147 — — — 147 Common stock purchased for deferred compensation obligations— (1,189)— — — (1,189)Common stock repurchased(47,665)(1,124)— — — (1,124)Cash dividends paid ($1.09 per common share)— — — (8,082)— (8,082)Balance, December 31, 20227,559,421 128,651 5,005 89,748 (37,194)186,210 Cumulative effect of accounting change - adoption of ASC 326— — — (2,417)— (2,417)Comprehensive income (loss)— — — 18,167 11,298 29,465 Issuance of common stock75,488 1,617 — — — 1,617 Common stock transferred from the Rabbi Trust to satisfy deferred compensation obligations— 1,841 (1,841)— — — Share-based payment awards under the Directors Plan— — 529 — — 529 Share-based compensation expense recognized in earnings under the RSP— 253 — — — 253 Common stock purchased for deferred compensation obligations— (1,624)— — — (1,624)Common stock repurchased(149,020)(3,415)— — — (3,415)Cash dividends paid ($1.12 per common share)— — — (8,216)— (8,216)Balance, December 31, 20237,485,889 127,323 3,693 97,282 (25,896)202,402 Comprehensive income (loss)— — — 13,889 4,541 18,430 Issuance of common stock75,341 1,523 — — — 1,523 Issuance of common stock for vested shares under the RSP16,240 — — — — — Common stock transferred from the Rabbi Trust to satisfy deferred compensation obligations— 1,691 (1,691)— — — Share-based payment awards under the Directors Plan— — 381 — — 381 Share-based compensation