Isabella Bank Corp (ISBA) financial statements (2021 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)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments247617331232219
Cash and cash equivalents247617331232219
Disposal group, including discontinued operation      1
Total current assets:247617331232220
Noncurrent Assets
Property, plant and equipment25262828292826
Long-term investments and receivables      1
Long-term investments      1
Intangible assets, net (including goodwill)48484849494946
Goodwill48484848484846
Intangible assets, net (excluding goodwill)0000011
Total noncurrent assets:73757677787773
Other undisclosed assets1,6371,6791,6881,7051,6311,5691,457
TOTAL ASSETS:1,9571,8141,8371,8131,7321,6681,550
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities1,7391,6041,6421,6181,5441,4841,375
Total liabilities:1,7391,6041,6421,6181,5441,4841,375
Stockholders' equity
Stockholders' equity attributable to parent, including:219210196195188184175
Common stock142141140140140139139
Accumulated other comprehensive income (loss)82(8)(3)(3)0(1)
Retained earnings64625752464032
Other undisclosed stockholders' equity attributable to parent4556554
Total stockholders' equity:219210196195188184175
TOTAL LIABILITIES AND EQUITY:1,9571,8141,8371,8131,7321,6681,550

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues57555050444245
Net investment income54544944393639
Cost of revenue(2)(0)(1)(0)   
Provision for loan, lease, and other losses(2)(0)(1)
Financial services costs(0)   
Gross profit:55554950444245
Operating expenses(6)(6)(6)(26)(24)(23)(27)
Other operating income, net
(Noninterest Income, Other Operating Income)
0043433
Operating income:49494627252221
Nonoperating income (expense)1111(0)1(1)
Investment income, nonoperating    (1) (2)
Bank owned life insurance income1111111
Interest and debt expense(21)(18)(16)(12)(11)(10)(10)
Income from continuing operations before equity method investments, income taxes:29323115141310
Other undisclosed income (loss) from continuing operations before income taxes(17)(18)(16)1266
Income from continuing operations before income taxes:12141516161816
Income tax expense(1)(1)(1)(3)(2)(3)(2)
Net income available to common stockholders, diluted:11131413141514

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:11131413141514
Other comprehensive income (loss)610(5)1(3)16
Comprehensive income, net of tax, attributable to parent:1723914111620

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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