# EDGAR Filing Document

**Accession Number:** 0000842517
**File Stem:** 0000842517-23-000034
**Filing Date:** 2023-2
**Character Count:** 8890
**Document Hash:** d031ea8841783d04cab72df6357410bc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000842517-23-000034.hdr.sgml**: 20230227

**ACCESSION NUMBER**: 0000842517-23-000034

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 13

**CONFORMED PERIOD OF REPORT**: 20230227

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230227

**DATE AS OF CHANGE**: 20230227

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ISABELLA BANK Corp
- **CENTRAL INDEX KEY:** 0000842517
- **STANDARD INDUSTRIAL CLASSIFICATION:** STATE COMMERCIAL BANKS [6022]
- **IRS NUMBER:** 382830092
- **STATE OF INCORPORATION:** MI
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-18415
- **FILM NUMBER:** 23675413

**BUSINESS ADDRESS:**
- **STREET 1:** 401 NORTH MAIN STREET
- **CITY:** MT PLEASANT
- **STATE:** MI
- **ZIP:** 48858
- **BUSINESS PHONE:** 9897729471

**MAIL ADDRESS:**
- **STREET 1:** 401 NORTH MAIN STREET
- **CITY:** MT PLEASANT
- **STATE:** MI
- **ZIP:** 48858

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ISABELLA BANK CORP
- **DATE OF NAME CHANGE:** 20080602

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** IBT BANCORP INC /MI/
- **DATE OF NAME CHANGE:** 19920703

?xml version="1.0" ? isba-20230227

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

**Date of Report (Date of earliest event reported): February 27, 2023**

**ISABELLA BANK CORPORATION**

**(Exact name of registrant as specified in its charter)**

---

| | | |
|:---|:---|:---|
| **Michigan** | **000-18415** | **38-2830092** |
| **(State or other jurisdiction<br>of incorporation)** | **(Commission<br>File Number)** | **(IRS Employer<br>Identification No.)** |

---

---

| | | | |
|:---|:---|:---|:---|
| **401 North Main Street** | **Mt. Pleasant** | **Michigan** | **48858-1649** |
| **(Address of principal executive offices)** | **(Address of principal executive offices)** | **(Address of principal executive offices)** | **(Zip Code)** |

---

**Registrant's telephone number, including area code: (989) 772-9471**

**Not Applicable**

**(Former name or former address, if changed since last report.)**

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule l4a-12 under the Exchange Act (17 CFR 240.l4a-l2)

☐ Pre-commencement communications pursuant to Rule l4d-2(b) under the Exchange Act (17 CFR 240.l4d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.l3e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class TradingSymbol(s) Name of each exchange on which registered <br> <u>None</u> <u>N/A</u> <u>N/A</u>

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

------

**Section 8 - Other Events**

**Item 8.01 Other Events**.

&nbsp;&nbsp;&nbsp;&nbsp;On February 27, 2023, the Corporation issued a press release announcing that its Board of Directors declared a twenty-eight cent ($0.28) per common share first quarter cash dividend, payable March 31, 2023 to shareholders of record as of March 29, 2023.

A copy of the press release is filed as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference.

The information in this Item 8.01 of Form 8-K and Exhibit 99.1 attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing made by the registrant under the Securities Act of 1933, whether made before or after the date hereof, except as shall be expressly set forth by specific reference in such filing.

**Section 9 - Financial Statements and Exhibits**

**Item 9.01 Financial Statements and Exhibits.**

(d)&nbsp;&nbsp;&nbsp;&nbsp;Exhibits:

---

| | |
|:---|:---|
| Exhibit<br>No. | Description |
| <u>[99.1](isba_2023q1xdivannxex991.htm)</u> | <u>[Dividend press release issued](isba_2023q1xdivannxex991.htm)[February 2](isba_2023q1xdivannxex991.htm)[7](isba_2023q1xdivannxex991.htm)[, 2023](isba_2023q1xdivannxex991.htm)</u> |
| 104 | Cover page interactive data file - the cover page XBRL tags are embedded within the inline XBRL document |

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | | |
|:---|:---|:---|:---|
| | | ISABELLA BANK CORPORATION | ISABELLA BANK CORPORATION |
| Dated: | &nbsp;&nbsp;&nbsp;February 27, 2023 | By: | /s/ Jae A. Evans |
|  |  |  | Jae A. Evans, President & CEO |

---

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**INDEX TO EXHIBITS**

---

| | |
|:---|:---|
| Exhibit<br>No. | Description |
| <u>[99.1](isba_2023q1xdivannxex991.htm)</u> | <u>[Dividend press release issued](isba_2023q1xdivannxex991.htm)[February 2](isba_2023q1xdivannxex991.htm)[7](isba_2023q1xdivannxex991.htm)[, 202](isba_2023q1xdivannxex991.htm)[3](isba_2023q1xdivannxex991.htm)</u> |
| 104 | Cover page interactive data file - the cover page XBRL tags are embedded within the inline XBRL document |

---

## Exhibit 99.1

**Exhibit 99.1**

**For Immediate Release**

Isabella Bank Corporation

401 N. Main Street

Mt. Pleasant, MI 48858

**FOR MORE INFORMATION, CONTACT:**

Trish Tomczak, Director of Marketing

Phone: 989-779-6333 Fax: 989-775-5501

**Isabella Bank Corporation Announces First Quarter 2023 Dividend**

Mt. Pleasant, Michigan, February 27, 2023 - Isabella Bank Corporation (OTCQX:ISBA) today announced its Board of Directors declared a first-quarter cash dividend of $0.28 per common share at its regular meeting on February 22, 2023. The dividend will be payable March 31, 2023 to shareholders of record as of March 29, 2023. Based on ISBA's closing stock price of $24.25 per share as of February 22, 2023, the annualized cash dividend yield is 4.62%.

"I am pleased to announce the first quarter cash dividend of $0.28 per share, which is an increase of 3.70% over the first quarter of 2022. Our dividend is a reflection of our commitment to increase shareholder value and provide an attractive dividend yield. Our recently issued financial results for 2022 is further evidence of this commitment, as we produced record results for net income and earnings per share," said Jae A. Evans, President and Chief Executive Officer.

**About the Corporation**

Isabella Bank Corporation (OTCQX: ISBA) is the parent holding company of Isabella Bank, a state chartered community bank headquartered in Mt. Pleasant, Michigan. Isabella Bank was established in 1903 and has been committed to serving the local banking needs of its customers and communities for 120 years. The Bank offers personal and commercial lending and deposit products, as well as investment, trust, and estate planning services through Isabella Wealth. The Bank has twenty-nine locations throughout seven Mid-Michigan counties: Clare, Gratiot, Isabella, Mecosta, Midland, Montcalm, and Saginaw.

For more information about Isabella Bank Corporation, visit the Invest in Us link at www.isabellabank.com. Isabella Bank Corporation common stock is quoted on the OTCQX tier of the OTC Markets Group, Inc.'s electronic quotation system (www.otcmarkets.com) under the symbol "ISBA." The Corporation's investor relations firm is Renmark Financial Communications, Inc. (www.renmarkfinancial.com).

**Forward-Looking Statements**

This press release includes forward-looking statements. To the extent that the foregoing information refers to matters that may occur in the future, please be aware that such forward-looking statements may differ materially from actual results. Additional information concerning some of the factors that could cause materially different results is included in the sections entitled "Risk Factors" and "Forward Looking Statements" set forth in Isabella Bank Corporation's filings with the Securities and Exchange Commission, which are available from the Securities and Exchange Commission's Public Reference facilities and from its website at www.sec.gov.

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