ISABELLA BANK CORP
Close on Oct 19, 2026
- Market cap
- $266.13M
- P/E (TTM)
- 13.3
- Dividend yield
- 3.09%
About Isabella Bank
State Commercial Banks, SIC 6022
Isabella Bank Corporation is a financial holding company that operates through its community banking subsidiary, Isabella Bank. The institution provides commercial and retail banking alongside wealth management services to individuals, families, businesses, and institutions. Its lending activities include commercial, agricultural, residential real estate, and consumer loans primarily within local markets. Deposit offerings include checking and savings accounts, certificates of deposit, cash management, automated teller machines, and digital banking services. The firm also delivers trust, estate, and investment management solutions.
The corporation is organized under Michigan law, though a specific headquarters city is not stated in the text. Its banking operations encompass 31 offices across Bay, Clare, Gratiot, Isabella, Mecosta, Midland, Montcalm, and Saginaw counties in Michigan. The company employs 341 full-time and 38 part-time personnel, totaling 362 full-time equivalent workers across communities supported by agriculture, manufacturing, retail, tourism, and higher education.
Summary of the business section of Isabella Bank's latest annual report, written by StockData.
Company profile
Company
- Legal name
- ISABELLA BANK CORP
- Founded
- 1988
- Headquarters
- Mt Pleasant, MI
- Address
- 401 North Main Street 48858
- Phone
- (989) 772-9471
- Website
- isabellabank.com
- Employees
- 362, Dec 31, 2025
- Industry
- State Commercial Banks
- Incorporated in
- Michigan
- Fiscal year ends
- December 31
- Auditor
- Plante & Moran, PLLC, Grand Rapids, Michigan
Stock & identifiers
- Ticker
- ISBA
- Exchange
- Nasdaq
- Shares outstanding
- 8M, Aug 6, 2026
- Public float
- $217.71M, Jun 30, 2025
- Filer category
- Accelerated filer<br>Smaller reporting company
- Stock splits
- 11-for-10, Mar 11, 2008; 11-for-10, Mar 2, 2006
- SEC CIK
- 842517
- CUSIP
- 464214105
- ISIN
- US4642141059
- LEI
- 549300XYX207IABFXL60
- EIN
- 38-2830092
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Neil Michael McDonnell | President, Director | 12,281 |
| Jerome E. Schwind | President & CEO, Director | 37,778 |
| Erika M. Ross | Chief Operations Officer | 1,042 |
| Michael Kyle Huenemann | Chief Lending Officer | 1,097 |
| Jon D. Catlin | Chief Credit Officer | 1,285 |
| Gerald J. Ritzert | Chief Financial Officer | 0 |
| Michael P. Prisby | Treasurer | 18,658 |
| William M. Schaefer | Chief Financial Officer | 7,249 |
| Peggy Wheeler | Chief Operations Officer | 8,871 |
| Jill Bourland | Director | 5,917 |
| Vicki L. Rupp | Director | 9,896 |
| Jeffrey J. Barnes | Director | 49,036 |
| Melinda Marie Coffin | Director | 5,644 |
| Sarah R. Opperman | Director | 24,587 |
| Brian B. Tessin | Director | 1,070 |
| Brian Roy Sackett | Director | 4,226 |
| Jae A. Evans | Director | 26,971 |
| David Brian Behen | Director | 611 |
| Chad R. Payton | Director | 7,474 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $765.31K | $962.93K | $418.20K | $245 | – |
| FY2024 | $870.10K | $911.43K | $351.30K | $119 | – |
| FY2023 | $734.89K | $706.87K | $457.79K | $127 | – |
| FY2022 | $755.51K | $729.26K | $464.20K | $131 | – |
| FY2021 | $777.06K | $821.45K | $530.00K | $136 | – |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 362 full-time equivalent employees, consisting of 341 full-time employees and 38 part-time employees.”
Corporate history
Events identified from SEC filings