Company: ISBA
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0000842517-25-000099
Chunk: 74

Company: ISABELLA BANK CORP
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1
Chunk 74
---
93,695 (21.41)%Total commercial loans898,828 955,115 960,608 919,546 910,787 (23.57)%Residential real estate387,348 380,872 369,846 365,188 356,658 6.80 %Consumer81,548 87,584 93,829 96,902 98,063 (27.57)%Total$1,367,724 $1,423,571 $1,424,283 $1,381,636 $1,365,508 (15.69)%

The following table presents the composition of our commercial real estate portfolio by industry as of:March 31, 2025December 31, 2024BalancePercent of TotalBalancePercent of TotalReal estate1-4 family investor$87,760 15.89 %$86,736 15.84 %Multifamily60,846 11.02 %61,033 11.15 %All other153,050 27.71 %147,566 26.96 %Hotels83,511 15.12 %83,426 15.24 %Health care42,482 7.69 %43,197 7.89 %Retail trade33,266 6.02 %33,586 6.14 %Manufacturing13,686 2.48 %12,381 2.26 %Accommodation services11,597 2.10 %11,786 2.15 %Construction11,252 2.04 %10,901 1.99 %Educational services11,018 2.00 %11,160 2.04 %Wholesale trade10,720 1.94 %10,918 1.99 %Other33,046 5.99 %34,757 6.35 %Total commercial real estate$552,234 100.00 %$547,447 100.00 %

Commercial real estate loans are subject to a varying degree of risk from changes in interest rates and economic conditions. To control these risks, we maintain strict underwriting standards, lending limits to a single borrower, loan to collateral value limits, and a defined market area. We also monitor and limit loan concentrations to specific industries.  Our