Company: ISBA
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0000842517-25-000210
Chunk: 89

Company: ISABELLA BANK CORP
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 1
Chunk 89
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 capital requirements.  Our liquidity stress testing is designed with consideration of these and other factors that could pose undue risk to liquidity.

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Our liquidity position remained strong at September 30, 2025, which is illustrated in the following table:September 302025June 302025March 312025December 312024September 302024Total cash and cash equivalents$161,301 $108,554 $69,179 $24,542 $27,378 Brokered CD capacity130,000 120,000 120,000 120,000 120,000 Available lines of creditFed funds lines with correspondent banks93,000 93,000 93,000 93,000 93,000 FHLB borrowings257,288 249,890 250,884 215,432 233,552 FRB Discount Window29,267 29,084 28,940 28,698 28,888 Other lines of credit5,000 5,000 5,000 5,000 5,000 Total available lines of credit384,555 376,974 377,824 342,130 360,440 Unencumbered lendable value of FRB collateral, estimated (1)300,000 320,000 340,000 290,000 290,000 Total cash and liquidity$975,856 $925,528 $907,003 $776,672 $797,818 Uninsured deposits$726,514 $726,240 $687,341 $645,764 $687,990 Coverage ratio of uninsured deposits with total cash and liquidity134 %127 %132 %120 %116 %(1) Includes estimated unencumbered lendable value of FHLB collateral of $230,000 as of September 30, 2025.

Fair Value

We utilize fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures.  AFS securities, cash flow hedge derivative instruments and certain liabilities are recorded at fair value on a recurring basis. Additionally, from time to time, we may be required to record at fair value other assets on a nonrecurring basis, such as mortgage loans AFS, collateral dependent loans, goodwill, foreclosed assets, OMSR, and certain other assets and liabilities. These nonrecurring fair value adjustments typically involve the