secwatch.observer — SEC 8-K summary
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Issuer:     ISABELLA BANK CORP (ISBA)
CIK:        0000842517
Form:       8-K
Filed at:   2025-04-17T23:59:59+00:00
Accession:  0000842517-25-000085
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Isabella Bank Q1 net income $3.9M ($0.53 EPS); NIM expands to 3.06%
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- Net income $3.9M vs $3.1M in Q1 2024; diluted EPS $0.53 vs $0.42.
- Core earnings $4.3M ($0.57 diluted EPS); net interest margin 3.06% vs 2.79%.
- Commercial & industrial loans up 7% annualized; non-maturity deposits up 14% annualized.
- Net loan recoveries of 0.02% annualized; nonaccrual loans down to $173K.
- BOLI restructuring: $10.6M into separate account yielding 5.4% vs 2.9%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/842517/000084251725000085/0000842517-25-000085-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/842517/000084251725000085/isba-20250417.htm
  HTML page:      https://secwatch.observer/filing/0000842517-25-000085

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