Company: ISBA
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0000842517-25-000053
Chunk: 49

Company: ISABELLA BANK CORP
Filing Date: 2025-03-12
Form: 10-K
Item: Item 7
Chunk 49
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 Change% ChangeCommercial and industrial$35,156 16.76 %$31,310 17.55 %$(2,547)(1.41)%Commercial real estate(16,797)(2.98)%(1,768)(0.31)%8,107 1.45 %Advances to mortgage brokers44,539 N/M18,541 100.00 %(72,001)(100.00)%Agricultural(300)(0.30)%(4,991)(4.75)%10,351 10.94 %Residential real estate24,454 6.86 %19,724 5.86 %14,455 4.49 %Consumer(12,944)(12.88)%22,474 28.79 %4,771 6.51 %Total$74,108 5.49 %$85,290 6.75 %$(36,864)(2.83)%

The following table presents the composition of our commercial real estate portfolio by industry as of December 31:20242023BalancePercent of TotalBalancePercent of TotalReal estateNon-owner occupied$122,280 22.34 %$129,016 22.87 %1-4 family investor92,497 16.90 %89,208 15.81 %Multifamily68,456 12.50 %78,108 13.84 %Owner occupied25,286 4.62 %27,758 4.92 %Hotels83,318 15.22 %82,650 14.65 %Health care36,493 6.67 %40,249 7.13 %Retail trade33,508 6.12 %34,622 6.14 %Manufacturing12,238 2.24 %12,341 2.19 %Accommodation services11,436 2.09 %11,277 2.00 %Educational services11,160 2.04 %11,589 2.05 %Wholesale trade10,918 1.99 %10,308 1.83 %Construction8,422 1.54 %5,079 0.90 %Other31,435 5.73 %32,039 5.