Company: ISBA
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0000842517-25-000053
Chunk: 103

Company: ISABELLA BANK CORP
Filing Date: 2025-03-12
Form: 10-K
Item: Item 8
Chunk 103
---
— Total$6,882 $19,835 $16,097 $9,415 $4,705 $10,694 $1,416 $— $69,044 Current year-to-date gross charge-offs$— $— $— $— $— $4 $— $— $4 Agricultural otherRisk ratings 1-3$801 $81 $121 $38 $183 $141 $2,659 $— $4,024 Risk rating 41,830 2,481 2,280 619 146 75 14,405 — 21,836 Risk rating 5753 8 163 507 — 480 2,731 — 4,642 Risk rating 6— — 32 — — — 249 — 281 Risk rating 7— — — — — — 167 — 167 Risk rating 8— — — — — — — — — Risk rating 9— — — — — — — — — Total$3,384 $2,570 $2,596 $1,164 $329 $696 $20,211 $— $30,950 Current year-to-date gross charge-offs$— $— $— $— $— $— $— $— $— 

59

Table of Contents

We have certain lending policies and procedures in place designed to maximize loan income within an acceptable level of risk. The Board reviews and approves these policies and procedures on a regular basis.  A reporting system supplements the review process by providing management and the Board with frequent reports related to loan production, loan quality, and concentration of credit, loan delinquencies, nonperforming loans and potential problem loans.  We seek to diversify the loan portfolio as a means of managing risk associated with fluctuations in economic conditions.Internally assigned credit risk ratings are reviewed, at a minimum, when loans are renewed or when management has knowledge of improvements or deterioration of the credit quality of individual credits.  Descriptions of the internally assigned credit risk ratings for commercial and agricultural loans are as follows:1. EXCELLENT – Substantially Risk