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Financial Analysis

Filing-based analysis. Market pricing is not included. Fundamentals from SEC filings; economic data from FRED and the BLS. About our data

Fundamentals

ISABELLA BANK CORP ISBA

· Financials · State Commercial Banks

FY2018 10-K, filed 2019-03-14
SEC EDGAR

Filing evidence summary

Mixed evidenceCoverage 2/5 core metrics

Flagged areas: Dilution.

Backward-looking filed evidence under visible rules - not a rating, forecast or investment advice. Missing data is never scored.

Evidence signals

  • 1 filing risk check flagged

    Flagged areas: Dilution.

    Why this surfaced

    The full financial analysis shows each value, threshold, and sector limitation.

  • Revenue expanded

    Latest reported annual revenue changed +5.0% from the prior reported annual observation.

    Why this surfaced

    Direction threshold: above +2% constructive; below -2% caution; otherwise monitor. This is not labeled one-year growth when filing periods have a gap. Period end 2018-12-31.

  • Free cash flow was positive

    Latest reported free cash flow was $23M.

    Why this surfaced

    Free cash flow = operating cash flow minus capital expenditures; positive is supporting evidence, not a valuation conclusion. Period end 2025-12-31.

Core trend metrics

Latest annual revenue growth
+5.0%
as of 2018-12-31
Free cash flow
$23M
as of 2025-12-31

Hover a tile for its exact definition; the Statements tab carries per-cell filing citations.

Where to look next

Risk checks

1of 2 rule-based checks flagged
  • Dilution

Financial movement

  • Cash→ flat
  • Long-term debt→ flat
  • Inventory→ flat
  • Receivables→ flat
  • Current assets→ flat

Source & freshness

Source
SEC EDGAR XBRL
Fetched
2026-10-21
Latest period end
2025-12-31
Filings
EDGAR ↗

Reported segment mix

figures as filed · share of the filed sum · change vs the prior period in the same filing
Fiscal year ending 2025-12-3110-K filed 2026-03-13prior period 2024-12-31 from the same filingView filing
By product or service
Revenue
  • Debit Card$4.22M
    31.8%
    +1.8% yoy
  • Fiduciary And Trust$3.52M
    26.5%
    +2.4% yoy
  • Customer Overdraft Fees$2.27M
    17.1%
    +3.1% yoy
  • ATM Income$1.07M
    8.0%
    -1.1% yoy
  • Service Charges And Deposit Account Fees$946K
    7.1%
    +49.4% yoy
  • Investment Advice$725K
    5.5%
    +20.2% yoy
  • Other Revenue$540K
    4.1%
    +37.8% yoy

No consolidated figure stored for this period; shares are of the filed sum.

Latest quarter
Quarter ending 2026-06-3010-Q filed 2026-08-10prior period 2025-06-30 from the same filingView filing
  • Debit Card$1.2M
    31.5%
    +20.4% yoy
  • Fiduciary And Trust$1.02M
    26.8%
    +11.6% yoy
  • Customer Overdraft Fees$600K
    15.8%
    +12.8% yoy
  • Service Charges And Deposit Account Fees$348K
    9.1%
    +97.7% yoy
  • ATM Income$294K
    7.7%
    +5.8% yoy
  • Investment Advice$197K
    5.2%
    +15.2% yoy
  • +1 more member in the filing

Change is against the same quarter a year earlier, as reported in the same 10-Q.

Source: SEC DERA Financial Statement and Notes data sets. Dimensional XBRL facts on the business-segment, product/service and geographic axes; the engine keeps the accession of every figure. Descriptive and educational, not advice.

Peer percentiles

latest fiscal year ending 2025-12-31 · among 4,060 US-listed filers · 883 in Financials
MetricValuevs all filersvs sector
Return on equity
net income ÷ stockholders' equity (positive equity only)
8.2%
60thof 3,520
middle third
46thof 752
middle third
Cash conversion
operating cash flow ÷ net income (net income > 0)
1.4×
47thof 2,243
middle third
64thof 687
middle third
Cash-flow accrual ratio
(net income − operating cash flow) ÷ average total assets · lower is ranked higher
-0.4%
23rdof 3,845
bottom third
48thof 837
middle third
Balance-sheet accrual ratio
change in net operating assets ÷ average net operating assets · lower is ranked higher
10.0%
39thof 3,301
middle third
45thof 770
middle third

Each filer's latest fiscal year as stored by the nightly crawl; fiscal year ends differ across the universe. A metric ranks only filers for which it is computable from filed facts. Ties split; a rank reads "better than N% of filers" in the metric's own direction. Descriptive and educational, not a rating.

Earnings quality

latest fiscal year ending 2025-12-31 · accruals and cash conversion as filed
Cash conversion
1.42×
operating cash flow ÷ net income, latest fiscal year
Cash-flow accrual ratio
-0.4%
(net income − operating cash flow) ÷ average total assets
Balance-sheet accrual ratio
10.0%
change in net operating assets ÷ average net operating assets
Cash-backed years
5 of 5
fiscal years where operating cash flow met or exceeded net income
Mean cash conversion
1.34×
across the stored fiscal years with positive net income

Per fiscal year from filed facts: cash conversion = operating cash flow / net income (net income > 0); cash-flow accrual ratio = (net income - operating cash flow) / average total assets; balance-sheet accrual ratio = change in net operating assets / average net operating assets, NOA = (assets - cash) - (liabilities - debt). Descriptive; a missing input yields a missing ratio. High accrual ratios and cash conversion well below one are the measures the accruals literature associates with less persistent earnings; they are screens to read the cash-flow statement with, not conclusions. The per-year series is part of Pro risk analysis.

Point-in-time ledger

first-reported vs latest filing · periods since 2020-01-01 · 3 changed periods
Line itemPeriodFirst reportedLatest filingChangeFilings
Operating cash flow
NetCashProvidedByUsedInOperatingActivities
quarter 2024-03-31$3.34M
10-Q 2024-05-02
$3.44M
10-Q 2025-05-08
+2.8%first · latest
Operating cash flow
NetCashProvidedByUsedInOperatingActivities
fiscal year 2023-12-31$23.7M
10-K 2024-03-07
$24.2M
10-K 2026-03-13
+2.0%first · latest · 3 filings carry it
Operating cash flow
NetCashProvidedByUsedInOperatingActivities
quarter 2025-03-31$4.7M
10-Q 2025-05-08
$4.65M
10-Q 2026-05-06
-1.2%first · latest

First filing reporting each period vs the latest filing carrying it (10-K and 10-Q only, periods since 2020, the extractor's winning tag per concept); a change under 0.5% is treated as rounding. A change can be a restatement, a reclassification or a re-tagging in a later comparative column; the two filings are linked so the reader can see which. Descriptive, not a verdict.

Notes by disclosure type

debt, leases, revenue, segments, contingencies, taxes and more · the filer's own words
Latest quarterly report10-Q FY2025 Q3 · filed 20251110View filing
Debt · 4,416 characters as filed

"Borrowed Funds Short-term borrowings Short-term borrowings include securities sold under repurchase agreements without stated maturity dates, federal funds purchased, and FRB Discount Window advances, which all generally mature within one to three days from the transaction date. A summary of short-term borrowed funds without stated maturity dates was as follows for the: Three Months Ended September 30 2025 2024 Maximum Month End Balance Average Balance Weighted Average Interest Rate During the Period Maximum Month End Balance Average Balance Weighted Average Interest Rate During the Period Securities sold under agreements to repurchase without stated maturity dates $ 62,022 $ 52,700 3.17 % $ 56,051 $ 48,151 3.18 % Federal funds purchased 0.00 % 0.00 % FRB Discount Window 0.00 % 5,300 153 5.18 % Nine Months Ended September 30 2025 2024 Maximum Month End Balance Average Balance Weighted Average Interest Rate During the Period Maximum Month End Balance Average Balance Weighted Average Interest Rate During the Period Securities sold under agreements to repurchase without stated maturity dates $ 62,022 $ 45,705 3.18 % $ 56,051 $ 43,140 3.17 % Federal funds purchased 7 5.43 % 1 6.52 % FRB Discount Window 296 4.50 % 5,300 56 5.21 % Securities sold under agreements to repurchase are classified as secured borrowings and are reflected at the amount of cash received in connection with the transaction. The securities underlying the agreements have a carrying value and a fair value of $8 …

DebtDisclosureTextBlock · excerpt; the full note is in the filing

Fair value · 10,694 characters as filed

Fair Value Under fair value measurement and disclosure authoritative guidance, we group assets and liabilities measured at fair value into three levels, based on the markets in which the assets and liabilities are traded, and the reliability of the assumptions used to determine fair value, based on the prioritization of inputs in the valuation techniques. These levels are: Level 1: Valuation is based upon quoted prices for identical instruments traded in active markets. Level 2: Valuation is based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active and model-based valuation techniques for which all significant assumptions are observable in the market. Level 3: Valuation is generated from model-based techniques that use at least one significant assumption not observable in the market. These unobservable assumptions reflect estimates of assumptions that market participants would use in pricing the asset or liability. The assets or liabilitys fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement. Valuation techniques maximize the use of observable inputs and minimize the use of unobservable inputs. Transfers between measurement levels are recognized at the end of reporting periods. Fair value measurement requires the use of an exit price notion which may differ from entrance pricing. General …

FairValueDisclosuresTextBlock · excerpt; the full note is in the filing

Stockholders' equity · 5,882 characters as filed

"Capital Ratios and Shareholders' Equity As of September 30, 2025 and December 31, 2024, the most recent notifications from the FRB and the FDIC categorized us as well capitalized under the FDIC's regulatory framework for prompt corrective action and the Basel III capital guidelines. To be categorized as well capitalized, an institution must maintain minimum total risk-based, Tier 1 risk-based, common equity Tier 1, and Tier 1 leverage ratios as set forth in the following tables. The minimum requirements presented below include the minimum required capital levels based on the Basel III capital guidelines. Capital requirements to be considered well capitalized are based upon the FDIC's prompt corrective action regulations, as amended to reflect the changes under the Basel III capital guidelines. There were no conditions or events since the notifications that we believe have changed our categories. The following tables set forth these requirements and our ratios, both on a bank-only and on a consolidated basis, as of: September 30, 2025 Actual Minimum Capital Required Plus Capital Conservation Buffer Minimum Capital Required To Be Considered Well Capitalized (1) Amount Ratio Amount Ratio Amount Ratio Common equity Tier 1 capital to risk weighted assets Isabella Bank $ 187,258 12.26 % $ 106,874 7.00 % $ 99,240 6.50 % Consolidated 189,547 12.37 % 107,266 7.00 % N/A N/A Tier 1 capital to risk weighted assets Isabella Bank 187,258 12.26 % 129,776 8.50 % 122,142 8.00 % Consolidated …

StockholdersEquityNoteDisclosureTextBlock · excerpt; the full note is in the filing

Source: SEC DERA Financial Statement and Notes data sets (txt.tsv), excerpts of the filer's own note text; the full note is in the linked filing. Excerpts are the first part of each note exactly as tagged in the filing; open the filing for the full text and the tables. Descriptive and educational, not advice.

Fundamentals from SEC EDGAR. Scores, the DCF, and every model shown are educational analysis, not investment advice or price predictions.

Educational content only. Not financial advice. TrendNalysis provides educational and informational financial analysis built from public SEC filings and economic data (FRED, BLS). It is not financial, investment, tax, or legal advice and is not a recommendation to buy or sell any security. Market pricing is not currently included. Past performance does not guarantee future results. Always do your own research and consult a licensed financial professional before investing.