Company: ISBA
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0000842517-25-000099
Chunk: 75

Company: ISABELLA BANK CORP
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1
Chunk 75
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 practices also include appropriate loan reviews, and monitoring of past due levels, concentrations, industry trends, and other qualitative factors.

Deposits

The following table displays deposit balances as of:March 312025December 312024September 302024June 302024March 312024Annualized Growth %Quarter to DateNoninterest bearing demand deposits$404,194 $416,373 $421,493 $412,193 $413,272 (11.70)%Interest bearing demand deposits243,939 237,548 228,902 232,660 250,314 10.76 %Money market deposits473,138 423,883 471,745 429,150 453,014 46.48 %Savings286,399 281,665 276,095 279,847 285,564 6.72 %Certificates of deposit390,239 387,591 383,597 368,449 366,143 2.73 %Total$1,797,909 $1,747,060 $1,781,832 $1,722,299 $1,768,307 11.64 %

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Asset Quality Analysis

The following table outlines our quarter-to-date asset quality analysis as of, and for the three-month periods ended:

March 312025December 312024September 302024June 302024March 312024NONPERFORMING ASSETSCommercial and industrial$— $— $120 $271 $567 Commercial real estate— — — — 234 Agricultural— — — 167 189 Residential real estate173 282 427 556 293 Consumer— — — — — Total nonaccrual loans173 282 547 994 1,283 Accruing loans past due 90 days or more26 19 64 15 — Total nonperforming loans199 301 611 1,009 1,283 Foreclosed assets649 544 546 629 579 Debt securities— — 12 12 12 Total nonperforming assets$848 $845 $1,169 $1,650 $1,874 Nonperforming loans to gross loans0.01 %0.02 %0.04 %0.07 %0