Company: ISBA
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0000842517-25-000210
Chunk: 61

Company: ISABELLA BANK CORP
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 1
Chunk 61
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 applicable minimum capital requirements.The following table summarizes the changes in AOCI by component for the:Three Months Ended September 3020252024UnrealizedGains(Losses) onAFSSecuritiesDefinedBenefitPension PlanTotalUnrealizedGains(Losses) onAFSSecuritiesDefinedBenefitPension PlanTotalBalance, July 1$(13,990)$(397)$(14,387)$(26,939)$(697)$(27,636)OCI before reclassifications5,030 — 5,030 13,081 — 13,081 Tax effect(1,052)— (1,052)(2,724)— (2,724)OCI, net of tax3,978 — 3,978 10,357 — 10,357 Balance, September 30$(10,012)$(397)$(10,409)$(16,582)$(697)$(17,279)Nine Months Ended September 3020252024UnrealizedGains(Losses) onAFSSecuritiesDefinedBenefitPension PlanTotalUnrealizedGains(Losses) onAFSSecuritiesDefinedBenefitPension PlanTotalBalance, December 31$(20,958)$(397)$(21,355)$(25,199)$(697)$(25,896)OCI before reclassifications13,923 — 13,923 10,858 — 10,858 Tax effect(2,977)— (2,977)(2,241)— (2,241)OCI, net of tax10,946 — 10,946 8,617 — 8,617 Balance, September 30$(10,012)$(397)$(10,409)$(16,582)$(697)$(17,279)Included in OCI for the three and nine-month periods ended September 30, 2025 and 2024 are changes in unrealized gains and losses related to certain auction rate money market preferred stocks.  These investments, for federal income tax purposes, have no deferred federal income taxes related to unrealized gains or losses given the nature of the investments.A summary of the components of unrealized gains on AFS securities included in OCI follows for the:Three Months Ended September 30 20252024Auction Rate Money Market PreferredAll Other AFS SecuritiesTotalAuction Rate Money Market PreferredAll