Company: ISBA
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0000842517-25-000210
Chunk: 112

Company: ISABELLA BANK CORP
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 2
Chunk 112
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18 31 26 19 64 Total nonperforming loans3,461 1,195 199 301 611 Foreclosed assets1,018 667 649 544 546 Debt securities— — — — 12 Total nonperforming assets$4,479 $1,862 $848 $845 $1,169 Nonperforming loans to gross loans0.24 %0.09 %0.01 %0.02 %0.04 %Nonperforming assets to total assets0.20 %0.09 %0.04 %0.04 %0.06 %Nonaccrual loans to gross loans 0.24 %0.08 %0.01 %0.02 %0.04 %ACL as a % of nonaccrual loans381.91 %N/MN/MN/MN/MALLOWANCE FOR CREDIT LOSSESAllowance at beginning of period$12,977 $12,735 $12,895 $12,635 $13,095 Charge-offs175 390 172 299 1,767 Recoveries101 1,822 224 197 408 Net loan charge-offs (recoveries)74 (1,432)(52)102 1,359 (Reversal of) provision for credit losses - loans246 (1,190)(212)362 899 Allowance at end of period$13,149 $12,977 $12,735 $12,895 $12,635 ACL to gross loans0.92 %0.93 %0.93 %0.91 %0.89 %Reserve for unfunded commitments671 708 617 512 498 Provision for credit losses - unfunded commitments(37)91 105 14 47 Reserve to unfunded commitments0.16 %0.16 %0.14 %0.15 %0.15 %NET LOAN CHARGE-OFFS (RECOVERIES)Commercial and industrial$(6)$68 $(80)$13 $(6)Commercial real estate(4)(50)(2)(2)(318)Agricultural— — — (4)— Residential real estate(16)(16)(13