0000842517-15-000092.txt : 20150629 0000842517-15-000092.hdr.sgml : 20150629 20150629171048 ACCESSION NUMBER: 0000842517-15-000092 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20150625 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20150629 DATE AS OF CHANGE: 20150629 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ISABELLA BANK CORP CENTRAL INDEX KEY: 0000842517 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 382830092 STATE OF INCORPORATION: MI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-18415 FILM NUMBER: 15959136 BUSINESS ADDRESS: STREET 1: 200 EAST BROADWAY CITY: MT PLEASANT STATE: MI ZIP: 48858 BUSINESS PHONE: 5177729471 MAIL ADDRESS: STREET 1: 200 EAST BROADWAY CITY: MT PLEASANT STATE: MI ZIP: 48858 FORMER COMPANY: FORMER CONFORMED NAME: IBT BANCORP INC /MI/ DATE OF NAME CHANGE: 19920703 8-K 1 isba_8kx2015xindependentmi.htm 8-K ISBA_8K_2015_IndependentMidlandBranchRegulatoryApproval


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 
 FORM 8-K
 
 
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 25, 2015
  
 
ISABELLA BANK CORPORATION
(Exact name of registrant as specified in its charter)
 
 
MICHIGAN
(State or other jurisdiction of incorporation)

000-18415
 
38-2830092
(Commission
File Number)
 
(IRS Employer
Identification No.)
 
401 North Main Street, Mt. Pleasant, Michigan
 
48858-1649
(Address of principal executive offices)
 
(Zip Code)
Registrant’s telephone number, including area code: (989) 772-9471
Not Applicable
(Former name or former address if changed since last report)
 
 
 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule l4a-12 under the Exchange Act (17 CFR 240.l4a-l2)
¨
Pre-commencement communications pursuant to Rule l4d-2(b) under the Exchange Act (17 CFR 240.l4d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.l3e-4(c))




Section 8 - Other Events
Item 8.01 Other Events.
On June 29, 2015, Isabella Bank (the "Bank"), a wholly owned subsidiary of Isabella Bank Corporation (the "Corporation") announced that on June 25, 2015, the Federal Reserve Bank of Chicago, acting under authority delegated by the Board of Governors of the Federal Reserve System, approved the application filed by the Bank to purchase certain assets and assume certain liabilities of a branch of Independent Bank located at 210 South Saginaw Road, Midland, Michigan. The transaction remains subject to the satisfaction of customary closing conditions. The branch purchase is expected to close on or before September 1, 2015. 
A copy of the press release is attached as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference.
Section 9 - Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits.
(d) Exhibit:
Exhibit
No.
  
Description
 
 
 
99.1
  
Press release issued June 29, 2015
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
 
 
ISABELLA BANK CORPORATION
 
 
 
 
 
 
Dated:
June 29, 2015
 
By:
 
/s/ Dennis P. Angner
 
 
 
 
 
Dennis P. Angner, President & CFO


 EX-99.1 2 isba_2015xindependentmidla.htm EXHIBIT 99.1 ISBA_2015_IndependentMidlandBranchRegulatoryApproval_PressRelease_EX99.1


Exhibit 99.1

Isabella Bank Receives Regulatory Approval to Purchase Midland Branch from Independent Bank
Mt. Pleasant, Michigan, June 29, 2015: Steven D. Pung, President of Isabella Bank, announced today that on June 25, 2015, the Federal Reserve Bank of Chicago, acting under authority delegated by the Board of Governors of the Federal Reserve System, approved the application filed by Isabella Bank to purchase certain assets and assume certain liabilities of a branch of Independent Bank located at 210 South Saginaw Road, Midland, Michigan. Subject to satisfaction of customary closing conditions, the branch purchase is expected to close on or before September 1, 2015. 
“Our branch network will soon expand to 28 offices with the recent regulatory approval for the purchase of Independent Bank's Midland office. We are excited for the opportunity to serve the banking needs of current and future customers through two convenient Midland County locations,” commented Pung.
 
Headquartered in Mt. Pleasant, Isabella Bank operates 27 branch locations throughout mid-Michigan and is a wholly owned subsidiary of Isabella Bank Corporation, a community-focused, financial holding company with assets of approximately $1.57 billion. Total assets under management are $2.26 billion which includes loans sold and serviced, and assets managed by our Investment and Trust Services Department of $685.25 million.
For more information about Isabella Bank Corporation, visit the Investors link at www.isabellabank.com. Isabella Bank Corporation common stock is quoted on the OTCQX tier of the OTC Markets Group, Inc.’s electronic quotation system (www.otcmarkets.com) under the symbol “ISBA.” The Corporation's market maker is Boenning & Scattergood, Inc. (www.boenninginc.com).

Forward-Looking Statements
This press release includes forward-looking statements. To the extent that the foregoing information refers to matters that may occur in the future, please be aware that such forward-looking statements may differ materially from actual results. Additional information concerning some of the factors that could cause materially different results is included in the sections entitled "Risk Factors" and "Forward Looking Statements" set forth in Isabella Bank Corporation's filings with the Securities and Exchange Commission, which are available from the Securities and Exchange Commission's Public Reference facilities and from its website at www.sec.gov.