Isabella Bank Q2 net income flat at $5.04 million; net interest income rises 19.54% to $18.08 million vs year-ago quarter

Reuters2026/08/10 15:02

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Isabella Bank posted Q2 net income of $5.04 million, or $0.69 a share, versus $5.03 million, or $0.68 a share, a year earlier.
Net interest income climbed to $18.08 million from $15.13 million; net interest margin (FTE, non-GAAP) widened to 3.54% from 3.14%.
Provision for credit losses swung to $895,000 from a $1.1 million credit, while nonaccrual loans rose to $7.79 million from $1.16 million.
Noninterest expense increased to $15.39 million from $13.75 million, including $505,000 of merger-related costs.
Entered an equity distribution agreement to sell up to $30 million of common stock; agreed to buy Grand River with closing expected in Q4 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Isabella Bank Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000842517-26-000180), on August 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Isabella Bank Q2 net income flat at $5.04 million; net interest income rises 19.54% to $18.08 million vs year-ago quarter

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