Call reports 2024
ISABELLA BANK — 2024
What ISABELLA BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 2,008,264,000 | 2,011,532,000 | 2,058,301,000 | 2,037,860,000 |
| Total loans | 1,365,876,000 | 1,382,274,000 | 1,424,787,000 | 1,423,814,000 |
| Allowance for loan losses | 13,390,000 | 13,095,000 | 12,635,000 | 12,896,000 |
| Securities available for sale | 517,585,000 | 505,646,000 | 506,807,000 | 489,029,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,796,752,000 | 1,754,172,000 | 1,815,520,000 | 1,782,102,000 |
| Interest-bearing deposits | 1,382,585,000 | 1,341,038,000 | 1,389,911,000 | 1,365,051,000 |
| Noninterest-bearing deposits | 414,167,000 | 413,134,000 | 425,609,000 | 417,051,000 |
| Equity capital | 152,577,000 | 151,230,000 | 160,442,000 | 155,936,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 21,411,000 | 43,531,000 | 66,898,000 | 90,102,000 |
| Interest expense | 7,969,000 | 16,354,000 | 25,066,000 | 33,554,000 |
| Net interest income | 13,442,000 | 27,177,000 | 41,832,000 | 56,548,000 |
| Noninterest income | 3,731,000 | 7,599,000 | 11,393,000 | 15,624,000 |
| Noninterest expense | 12,356,000 | 24,917,000 | 37,854,000 | 50,880,000 |
| Provision for loan losses | 327,000 | 426,000 | 1,325,000 | 1,687,000 |
| Pretax income | 4,426,000 | 9,297,000 | 13,863,000 | 19,408,000 |
| Income tax | 676,000 | 1,449,000 | 2,160,000 | 3,135,000 |
| Net income | 3,750,000 | 7,848,000 | 11,703,000 | 16,273,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 176,065,000 | 174,164,000 | 173,019,000 | 172,589,000 |
| Total capital | 189,834,000 | 187,710,000 | 186,151,000 | 185,997,000 |
| Risk-weighted assets | 1,455,224,000 | 1,463,609,000 | 1,501,947,000 | 1,496,907,000 |