secwatch.observer — SEC 8-K summary
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Issuer:     ISABELLA BANK CORP (ISBA)
CIK:        0000842517
Form:       8-K
Filed at:   2023-04-21T23:59:59+00:00
Accession:  0000842517-23-000072
Event type: earnings
Sentiment:  positive
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Isabella Bank Q1 net income $5.3M, EPS $0.70, up 12% YoY
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- Net income $5.3M, up 12.4% from Q1 2022; diluted EPS $0.70 vs $0.63.
- Net interest income rose 13.9% ($1.9M) on higher rates and loan growth.
- Deposits grew $69.3M (4%) from Dec 31, 2022, driven by money market and CD accounts.
- Cash dividend $0.28/share, annualized yield 4.52% based on $24.80 closing price.
- Bank remains well-capitalized: Tier 1 Leverage 9.25% vs 5.0% minimum.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/842517/000084251723000072/0000842517-23-000072-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/842517/000084251723000072/isba-20230420.htm
  HTML page:      https://secwatch.observer/filing/0000842517-23-000072

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer