Company: ISBA
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0000842517-25-000135
Chunk: 87

Company: ISABELLA BANK CORP
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 1
Chunk 87
---
 assets to total assets0.09 %0.04 %0.04 %0.06 %0.08 %Nonaccrual loans to gross loans 0.08 %0.01 %0.02 %0.04 %0.07 %ACL as a % of nonaccrual loansN/MN/MN/MN/MN/MALLOWANCE FOR CREDIT LOSSESAllowance at beginning of period$12,735 $12,895 $12,635 $13,095 $13,390 Charge-offs390 172 299 1,767 527 Recoveries1,822 224 197 408 134 Net loan charge-offs (recoveries)(1,432)(52)102 1,359 393 (Reversal of) provision for credit losses - loans(1,190)(212)362 899 98 Allowance at end of period$12,977 $12,735 $12,895 $12,635 $13,095 ACL to gross loans0.93 %0.93 %0.91 %0.89 %0.95 %Reserve for unfunded commitments708 617 512 498 450 Provision for credit losses - unfunded commitments91 105 14 47 72 Reserve to unfunded commitments0.16 %0.14 %0.15 %0.15 %0.14 %NET LOAN CHARGE-OFFS (RECOVERIES)Commercial and industrial$68 $(80)$13 $(6)$334 Commercial real estate(50)(2)(2)(318)(29)Agricultural— — (4)— — Residential real estate(16)(13)(16)(20)(19)Consumer(1,434)43 111 1,703 107 Total$(1,432)$(52)$102 $1,359 $393 Net (recoveries) charge-offs (Quarter to Date annualized to average loans)(0.41)%(0.02)%0.03 %0.39 %0.11 %Net (recoveries) charge-offs (Year to Date annualized to average loans)(0.22)%(0.02)%0.14 %0.17 %0.06 %DEL