---
schema_version: "secwatch.filing_event.v1"
accession: "0000842517-24-000026"
form_type: "8-K"
ticker: "ISBA"
cik: "0000842517"
company_name: "ISABELLA BANK CORP"
filed_at: "2024-02-16T23:59:59+00:00"
generated_at: "2026-06-06T00:33:06.002761+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Isabella Bank Q4 net income $3.8M; FY 2023 net income $18.2M down from $22.2M

## Summary
- Net income Q4 $3.8M ($0.51 EPS), full year $18.2M ($2.42 EPS), down from $22.2M in 2022.
- Gross loans grew $85M (+7%) to $1.35B; wealth assets up 25% to $641M.
- Net interest income down $2.5M (-4.2%) for the year; net yield 3.05% vs 3.18%.
- Deposits declined $20.6M (-1.2%) to $1.72B; borrowings increased to fund loan growth.
- Dividend increased 2.75% to $1.12 per share annual; yield 5.21%.

## SEC filing metadata
- accession: 0000842517-24-000026
- form_type: 8-K
- ticker: ISBA
- cik: 0000842517
- company_name: ISABELLA BANK CORP
- filed_at: 2024-02-16T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/842517/000084251724000026/0000842517-24-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/842517/000084251724000026/isba-20240216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000842517-24-000026
- JSON: https://secwatch.observer/filing/0000842517-24-000026.json
- Plain text: https://secwatch.observer/filing/0000842517-24-000026.txt

## Key facts
- Earnings Releases
  ISABELLA BANK CORP reported financial results for the quarter and year ended December 31, 2023.
  - Period: the quarter and year ended December 31, 2023
  - Result: reported results
  source text: On February 16, 2024 , Isabella Bank Corporation issued a press release announcing its results of operations for the quarter and year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/842517/000084251724000026/0000842517-24-000026-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.