Highest-materiality recent filing
Isabella Bank Corp enters $30M ATM equity distribution agreement with Piper Sandler
Up to $30M of common stock may be sold at-the-market through Piper Sandler & Co.
Isabella Bank Corp signs merger with Grand River Commerce; $18.3M cash plus 839K shares
65% stock / 35% cash mix; estimated ~$5.72 per share cash and ~0.1415 exchange ratio based on 9.12M Grand River shares.
Isabella Bank to acquire Grand River Commerce in ~$54.6M cash/stock deal; enters Grand Rapids market
Transaction valued at ~$54.6M; 65% stock / 35% cash mix.
Isabella Bank Q1 net income $5.0M ($0.68 EPS) vs $3.9M ($0.53) YoY; NIM expands to 3.33%
Net income rose 26% to $5.0M; diluted EPS $0.68 vs $0.53 in Q1 2025.
Isabella Bank reports Q4 2025 EPS of $0.64, full-year EPS $2.56; net income rises 36% YoY
Q4 net income $4.7M ($0.64 diluted EPS) vs $4.0M ($0.54) in Q4 2024; full-year net income $18.9M ($2.56) vs $13.9M ($1.86).
Isabella Bank Q3 2025 net income $5.2M, EPS $0.71; NIM reaches 3.15%
Net income $5.2M ($0.71 diluted EPS) vs $3.3M ($0.44) in Q3 2024.
Isabella Bank Corporation Reports Q2 2025 Net Income of $5.0M, or $0.68 per Share
Net income for Q2 2025 was $5.0 million ($0.68 per share), up from $3.5 million ($0.46 per share) in Q2 2024.
Isabella Bank Corp increases share repurchase authorization by 500,000 shares
Board approved 500,000 additional shares; authorization available now 538,448 shares.
Isabella Bank Q1 net income $3.9M ($0.53 EPS); NIM expands to 3.06%
Net income $3.9M vs $3.1M in Q1 2024; diluted EPS $0.53 vs $0.42.
Isabella Bank Q3 net income $3.3M ($0.44) down from $4.4M; core EPS $0.61
GAAP net income $3.3M vs $4.4M in Q3 2023; diluted EPS $0.44 vs $0.58.
Isabella Bank reports $1.6M loss from single customer deposit accounts; total exposure $4.0M
Negative deposit balances from one customer cause $1.6M loss; recovery efforts underway.
Isabella Bank Q2 net income falls to $3.5M ($0.46 EPS) from $4.6M a year ago
Net income $3.5M vs $4.6M; diluted EPS $0.46 vs $0.61 in Q2 2023.
Isabella Bank Q1 net income falls to $3.1M from $5.3M YoY; EPS $0.42 vs $0.70
Net income of $3.1M ($0.42 diluted EPS) vs $5.3M ($0.70) in Q1 2023; net interest margin compressed to 2.78% from 3.22%.
Isabella Bank Q4 net income $3.8M; FY 2023 net income $18.2M down from $22.2M
Net income Q4 $3.8M ($0.51 EPS), full year $18.2M ($2.42 EPS), down from $22.2M in 2022.
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.
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.
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.
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.
In connection with Mr. Schaefer's appointment, effective April 1, 2024, Neil M. McDonnell resumed his role as President of Isabella Bank.
On April 1, 2024, William M. Schaefer was appointed as the Chief Financial Officer of Isabella Bank Corporation.
On March 12, 2024, Richard L. McGuirk informed the Board of Directors of Isabella Bank Corporation (the "Corporation") that he will not seek re-election to the Corporation's Board of Directors nor the appointment to the Board of Directors of Isabella Bank, the Corporation's subsidiary.
On December 13, 2023, the Board of Directors of the Corporation appointed Neil M. McDonnell to the Board of Directors of Isabella Bank Corporation and to the Board of Directors of Isabella Bank effective January 31, 2024.
Subsequently, the election of Jerome E. Schwind to President and Chief Executive Officer of the Corporation and Chief Executive Officer of Isabella Bank was effective January 5, 2024.
On January 4, 2024, Jae A. Evans retired as President and Chief Executive Officer of Isabella Bank Corporation (the “Corporation”) and Chief Executive Officer of Isabella Bank.
Additionally, the appointment of Neil M. McDonnell as President of Isabella Bank was effective January 5, 2024.
On April 26, 2023, Jae A. Evans announced his retirement as President and Chief Executive Officer of Isabella Bank Corporation (the "Corporation"), to the Corporation's Board of Directors (the "Board").
Max materiality 0.80 · Median 0.40 · Most common event other_material