Call reports 2023
ISABELLA BANK — 2023
What ISABELLA BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 2,035,352,000 | 1,993,203,000 | 2,069,450,000 | 2,009,789,000 |
| Total loans | 1,270,822,000 | 1,334,765,000 | 1,334,779,000 | 1,349,463,000 |
| Allowance for loan losses | 12,641,000 | 12,833,000 | 12,767,000 | 13,108,000 |
| Securities available for sale | 568,651,000 | 530,495,000 | 516,897,000 | 528,146,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,824,202,000 | 1,729,595,000 | 1,789,960,000 | 1,749,223,000 |
| Interest-bearing deposits | 1,341,764,000 | 1,269,705,000 | 1,343,888,000 | 1,319,782,000 |
| Noninterest-bearing deposits | 482,438,000 | 459,890,000 | 446,072,000 | 429,441,000 |
| Equity capital | 162,991,000 | 153,857,000 | 145,228,000 | 157,122,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 18,621,000 | 38,147,000 | 58,657,000 | 79,743,000 |
| Interest expense | 2,987,000 | 7,547,000 | 13,506,000 | 20,750,000 |
| Net interest income | 15,634,000 | 30,600,000 | 45,151,000 | 58,993,000 |
| Noninterest income | 3,497,000 | 7,246,000 | 10,867,000 | 14,579,000 |
| Noninterest expense | 11,887,000 | 24,077,000 | 36,429,000 | 48,028,000 |
| Provision for loan losses | 37,000 | 227,000 | -93,000 | 628,000 |
| Pretax income | 7,204,000 | 13,599,000 | 19,711,000 | 24,983,000 |
| Income tax | 1,252,000 | 2,345,000 | 3,439,000 | 4,319,000 |
| Net income | 5,952,000 | 11,254,000 | 16,272,000 | 20,664,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 188,598,000 | 185,570,000 | 182,255,000 | 178,316,000 |
| Total capital | 201,558,000 | 198,728,000 | 195,375,000 | 191,739,000 |
| Risk-weighted assets | 1,373,805,000 | 1,419,021,000 | 1,429,722,000 | 1,429,192,000 |