ISABELLA BANK CORP reported first quarter 2026 results: net income $5.0 million, EPS $0.68 per diluted share.
“Net income in first quarter 2026 was $5.0 million, or $0.68 per diluted share, compared with $3.9 million, or $0.53 per diluted share, in first quarter 2025.”
Governance Changes
ISABELLA BANK CORP: On September 24, 2025, the Board approved and adopted the Second Amended and Restated Bylaws, effective immediately, which include provisions on annual and special shareholder meetings, proxy registration, meeting conduct, shareholder proposals and director nominations, remote meeting participation, (effective 2025-09-24).
“On September 24, 2025, the Board of Directors (the "Board") of Isabella Bank Corporation, a Michigan corporation (the "Corporation"), approved and adopted the Second Amended and Restated Bylaws of the Corporation (the "Amended Bylaws"), effective immediately.”
David B. Behen was appointed as Director at ISABELLA BANK CORP.
“On January 29, 2025, the Board of Directors of Isabella Bank Corporation (the "Corporation") appointed David B. Behen (age 55) to the Board of Directors of the Corporation and to the Board of Directors of Isabella Bank effective March 3, 2025.”
Gregory V. Varner retired as Director at ISABELLA BANK CORP.
“Effective August 31, 2024, Thomas L. Kleinhardt and Gregory V. Varner retired as directors of Isabella Bank Corporation (the “Corporation”) and its subsidiary, Isabella Bank, after reaching the mandatory age for retirement according to the Corporation’s bylaws.”
Thomas L. Kleinhardt retired as Director at ISABELLA BANK CORP.
“Effective August 31, 2024, Thomas L. Kleinhardt and Gregory V. Varner retired as directors of Isabella Bank Corporation (the “Corporation”) and its subsidiary, Isabella Bank, after reaching the mandatory age for retirement according to the Corporation’s bylaws.”
Brian R. Sackett was appointed as Director at ISABELLA BANK CORP.
“On August 28, 2024, the Board of Directors of the Corporation appointed Brian R. Sackett (age 54) to the Board of Directors of Isabella Bank Corporation and to the Board of Directors of Isabella Bank effective September 15, 2024.”
Shareholder Votes
ISABELLA BANK CORP shareholders approved Ratify the Appointment of Rehmann Robson LLC at the 2024-05-07 meeting.
“Proposal 2 - Ratify the Appointment of Rehmann Robson LLC The Corporation’s shareholders ratified the appointment of Rehmann Robson LLC as the Corporation's independent registered public accounting firm for 2024, as set forth below. For Against Abstain 3,917,481 12,987 32,815”
Shareholder Votes
ISABELLA BANK CORP shareholders approved Election of Directors at the 2024-05-07 meeting.
“Proposal 1 - Election of Directors The following individuals were elected to serve as directors to hold office until the 2027 Annual Meeting of Shareholders. Nominee For Withhold Broker Non-Votes Jill Bourland 3,233,232 67,501 662,550 Jae A. Evans 3,197,221 103,512 662,550 Jerome E. Schwind 3,228,220 72,513 662,550”
Neil M. McDonnell changed role as President at ISABELLA BANK CORP.
“In connection with Mr. Schaefer's appointment, effective April 1, 2024, Neil M. McDonnell resumed his role as President of Isabella Bank.”
William M. Schaefer was appointed as Chief Financial Officer at ISABELLA BANK CORP.
“On April 1, 2024, William M. Schaefer was appointed as the Chief Financial Officer of Isabella Bank Corporation.”
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