Company: ISBA
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0000842517-25-000053
Chunk: 48

Company: ISABELLA BANK CORP
Filing Date: 2025-03-12
Form: 10-K
Item: Item 7
Chunk 48
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 285 285 (5)186 181 Fed funds sold— (1)(1)— 1 1 Other(630)131 (499)(1,183)1,462 279 Total changes in interest income2,410 7,844 10,254 1,396 12,404 13,800 Changes in interest expenseInterest bearing demand deposits4 308 312 (22)834 812 Savings(194)5,267 5,073 (8)7,163 7,155 Certificates of deposit2,078 3,875 5,953 420 5,944 6,364 Short-term borrowings48 430 478 (12)894 882 FHLB advances647 (7)640 602 555 1,157 Subordinated debt, net of unamortized issuance costs3 (3)— 3 (3)— Total changes in interest expense2,586 9,870 12,456 983 15,387 16,370 Net change in interest margin (FTE)$(176)$(2,026)$(2,202)$413 $(2,983)$(2,570)

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Table of Contents

Loans

The following table displays loan balances for the years ended December 31:20242023202220212020Commercial and industrial$244,894 $209,738 $178,428 $180,975 $215,101 Commercial real estate547,447 564,244 566,012 557,905 495,232 Advances to mortgage brokers63,080 18,541 — 72,001 50,258 Agricultural99,694 99,994 104,985 94,634 100,600 Residential real estate380,872 356,418 336,694 322,239 303,500 Consumer87,584 100,528 78,054 73,283 73,620 Total$1,423,571 $1,349,463 $1,264,173 $1,301,037 $1,238,311 

The following table presents the change in the loan portfolio categories for the years ended December 31:202420232022 $ Change% Change$ Change% Change$