Strong Fourth Quarter Caps Record Year for Isabella Bank Corporation

February 10, 2023

Record Net Income and EPS in 2022; EPS up 19% over 2021

MT. PLEASANT, Mich., Feb. 10, 2023 /PRNewswire/ — Isabella Bank Corporation (the “Corporation”) (OTCQX: ISBA) reported record net income, net interest income and earnings per share for the year ended December 31, 2022.  Fourth quarter net income was $6.3 million, surpassing $4.8 million for the same period in 2021, resulting in net income of $22.2 million in 2022, up 14% from $19.5 million reported in 2021.  Earnings per common share were $0.84 in the fourth quarter and $2.95 for the year, above the $0.63 and $2.48 reported for the same periods a year ago, respectively.

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