Company: ISBA
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0000842517-25-000135
Chunk: 114

Company: ISABELLA BANK CORP
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 2
Chunk 114
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 8,113 2.24 %1,452,036 8,108 2.26 %1,438,440 8,538 2.38 %NONINTEREST BEARING LIABILITIES AND SHAREHOLDERS' EQUITYDemand deposits409,262 403,024 411,282 Other liabilities14,158 16,265 16,755 Shareholders’ equity219,542 214,212 200,734 Total liabilities and shareholders’ equity$2,092,687 $2,085,537 $2,067,211 Net interest income (FTE)$15,307 $14,709 $13,787 Net yield on interest earning assets (FTE) (4)3.14 %3.06 %2.82 %

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Six Months EndedJune 30, 2025June 30, 2024Average BalanceTax Equivalent InterestAverage Yield/RateAverage BalanceTax Equivalent InterestAverage Yield/RateINTEREST EARNING ASSETSLoans (1)$1,379,774 $39,180 5.72 %$1,362,135 $36,920 5.45 %AFS securities (2)524,470 6,037 2.31 %551,429 6,171 2.24 %FHLB stock8,291 285 6.89 %12,762 304 4.77 %Fed funds sold5 — 4.03 %7 — 5.34 %Other (3)33,856 735 4.32 %19,632 556 5.60 %Total interest earning assets1,946,396 46,237 4.78 %1,945,965 43,951 4.54 %NONEARNING ASSETSAllowance for credit losses(13,127)(13,264)Cash and demand deposits due from banks22,956 23,974 Premises and equipment28,134 28,010 Other assets104,770 82,302 Total assets$2,089,129 $2,066,987 INTEREST BEARING LIABILITIESInterest bearing demand deposits$238,455 462 0.39 %$242,082 381 0.32 %Money market deposits454,855 5,