ISABELLA BANK Corp (ISBA) financial statements (2022 and earlier)

Company profile

Business Address 401 NORTH MAIN STREET
MT PLEASANT, MI 48858
State of Incorp. MI
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1052476173312322
Cash and cash equivalents1052476173312322
Total current assets:1052476173312322
Noncurrent Assets
Property, plant and equipment24252628282928
Intangible assets, net (including goodwill)48484848494949
Goodwill48484848484848
Intangible assets, net (excluding goodwill)0000001
Total noncurrent assets:73737576777877
Other undisclosed assets1,8541,6371,6791,6881,7051,6311,569
TOTAL ASSETS:2,0321,9571,8141,8371,8131,7321,668
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities1,8211,7391,6041,6421,6181,5441,484
Total liabilities:1,8211,7391,6041,6421,6181,5441,484
Stockholders' equity
Stockholders' equity attributable to parent, including:211219210196195188184
Common stock129142141140140140139
Accumulated other comprehensive income (loss)282(8)(3)(3)0
Retained earnings76646257524640
Other undisclosed stockholders' equity attributable to parent5455655
Total stockholders' equity:211219210196195188184
TOTAL LIABILITIES AND EQUITY:2,0321,9571,8141,8371,8131,7321,668

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues53575550504442
Net investment income51545449443936
Cost of revenue (2)(0)(1)(0)  
Provision for loan, lease, and other losses (2)(0)(1)
Financial services costs(0)  
Gross profit:53555549504442
Operating expenses(7)(6)(6)(6)(26)(24)(23)
Other operating income, net
(Noninterest Income, Other Operating Income)
0004343
Operating income:47494946272522
Nonoperating income (expense)11111(0)1
Investment income, nonoperating     (1) 
Bank owned life insurance income1111111
Interest and debt expense(7)(21)(18)(16)(12)(11)(10)
Income from continuing operations before equity method investments, income taxes:40293231151413
Other undisclosed income (loss) from continuing operations before income taxes(17)(17)(18)(16)126
Income from continuing operations before income taxes:23121415161618
Income tax expense(4)(1)(1)(1)(3)(2)(3)
Net income available to common stockholders, diluted:19111314131415

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:19111314131415
Other comprehensive income (loss)(6)610(5)1(3)1
Comprehensive income, net of tax, attributable to parent:1417239141116

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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