Company: ISBA
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0000842517-25-000210
Chunk: 83

Company: ISABELLA BANK CORP
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 1
Chunk 83
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,529 2.36 %NONINTEREST BEARING LIABILITIES AND SHAREHOLDERS' EQUITYDemand deposits413,568 414,179 Other liabilities15,131 16,183 Shareholders’ equity219,272 204,221 Total liabilities and shareholders’ equity$2,128,759 $2,076,454 Net interest income (FTE)$46,357 $41,996 Net yield on interest earning assets (FTE)3.12 %2.87 %

(1) Includes loans HFS and nonaccrual loans.

(2) Average balances for AFS securities are based on amortized cost.

(3) Includes average interest-bearing deposits with other banks, net of Federal Reserve daily cash letter.

48

Loans

The following table displays loan balances as of:September 302025June 302025March 312025December 312024September 302024Annualized Growth %Quarter to DateAnnualized Growth %Year to DateCommercial and industrial$218,132 $207,719 $205,172 $200,623 $197,372 20.05 %11.64 %Commercial real estate626,642 614,383 596,282 591,718 590,255 7.98 %7.87 %Advances to mortgage brokers5,056 3,005 3,015 63,080 76,187 N/M(122.65)%Agricultural97,794 96,842 94,359 99,694 96,794 3.93 %(2.54)%Total commercial loans947,624 921,949 898,828 955,115 960,608 11.14 %(1.05)%Residential real estate412,056 398,668 387,348 380,872 369,846 13.43 %10.92 %Consumer72,225 76,896 81,548 87,584 93,829 (24.30)%(23.38)%Total$1,431,905 $1,397,513 $1,367,724 $1,423,571 $1,424,283 9.84 %0.78 %

The following table presents the composition of our commercial real estate portfolio by industry as of:September 30, 202