Isabella Bank Corp (ISBA) financial statements (2020 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)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments61733123221942
Cash and cash equivalents61733123221942
Short-term investments      1
Disposal group, including discontinued operation     1 
Total current assets:61733123222042
Noncurrent Assets
Property, plant and equipment26282829282626
Long-term investments and receivables     1 
Long-term investments     1 
Intangible assets, net (including goodwill)48484949494646
Goodwill48484848484646
Intangible assets, net (excluding goodwill)0000111
Total noncurrent assets:75767778777372
Other undisclosed assets1,6791,6881,7051,6311,5691,4571,379
TOTAL ASSETS:1,8141,8371,8131,7321,6681,5501,493
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities1,6041,6421,6181,5441,4841,3751,333
Total liabilities:1,6041,6421,6181,5441,4841,3751,333
Stockholders' equity
Stockholders' equity attributable to parent, including:210196195188184175161
Common stock141140140140139139 
Accumulated other comprehensive income (loss)2(8)(3)(3)0(1)(6)
Retained earnings62575246403225
Other undisclosed stockholders' equity attributable to parent556554142
Total stockholders' equity:210196195188184175161
TOTAL LIABILITIES AND EQUITY:1,8141,8371,8131,7321,6681,5501,493

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues5550504442457
Net investment income544944393639 
Financial services revenue76667
Cost of revenue(0)(1)(0)    
Provision for loan, lease, and other losses(0)(1)
Financial services costs(0)    
Gross profit:5549504442457
Operating expenses(6)(6)(26)(24)(23)(27)(23)
Other operating income, net
(Noninterest Income, Other Operating Income)
0434331
Operating income (loss):494627252221(15)
Nonoperating income (expense)111(0)1(1)0
Investment income, nonoperating   (1) (2)(0)
Bank owned life insurance income1111111
Interest and debt expense(18)(16)(12)(11)(10)(10)(11)
Other undisclosed income from continuing operations before equity method investments, income taxes      40
Income from continuing operations before equity method investments, income taxes:32311514131015
Other undisclosed income (loss) from continuing operations before income taxes(18)(16)1266 
Income from continuing operations before income taxes:14151616181615
Income tax expense(1)(1)(3)(2)(3)(2)(2)
Net income available to common stockholders, diluted:13141314151413

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:13141314151413
Other comprehensive income (loss)10(5)1(3)16(11)
Comprehensive income, net of tax, attributable to parent:239141116201

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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