ISABELLA BANK Corp Reports Change in Certifying Accountant
Ticker: ISBA · Form: 8-K · Filed: Mar 8, 2024 · CIK: 842517
| Field | Detail |
|---|---|
| Company | Isabella Bank Corp (ISBA) |
| Form Type | 8-K |
| Filed Date | Mar 8, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: auditor-change, regulatory-filing
TL;DR
ISABELLA BANK Corp swapped accountants, effective March 4th. Details TBD.
AI Summary
ISABELLA BANK Corp, headquartered in Mt. Pleasant, Michigan, filed an 8-K on March 8, 2024, to report changes in its certifying accountant. The filing indicates a change in the company's independent registered public accounting firm, effective March 4, 2024. No specific details regarding the reason for the change or the new accountant were provided in this initial report.
Why It Matters
A change in a company's auditor can sometimes signal underlying issues or a strategic shift, prompting investors to look for further disclosures.
Risk Assessment
Risk Level: low — This filing reports a routine administrative change in the company's auditor and does not contain information that inherently increases risk.
Key Players & Entities
- ISABELLA BANK Corp (company) — Registrant
- Mt. Pleasant, Michigan (location) — Company Headquarters
- March 8, 2024 (date) — Filing Date
- March 4, 2024 (date) — Effective Date of Change
FAQ
What is the name of the previous certifying accountant for ISABELLA BANK Corp?
The filing does not explicitly name the previous certifying accountant.
What is the name of the new certifying accountant for ISABELLA BANK Corp?
The filing does not explicitly name the new certifying accountant.
What was the effective date of the change in certifying accountant?
The change in certifying accountant was effective March 4, 2024.
What is the principal executive office address for ISABELLA BANK Corp?
The principal executive office is located at 401 North Main Street, Mt. Pleasant, Michigan 48858-1649.
What is the SIC code for ISABELLA BANK Corp?
The Standard Industrial Classification (SIC) code for ISABELLA BANK Corp is 6022, which corresponds to STATE COMMERCIAL BANKS.
Filing Stats: 787 words · 3 min read · ~3 pages · Grade level 14.1 · Accepted 2024-03-08 16:38:10
Filing Documents
- isba-20240304.htm (8-K) — 35KB
- isba_ex161xrehmannseclette.htm (EX-16.1) — 4KB
- image1a.jpg (GRAPHIC) — 79KB
- image2a.jpg (GRAPHIC) — 137KB
- imagea.jpg (GRAPHIC) — 16KB
- 0000842517-24-000051.txt ( ) — 469KB
- isba-20240304.xsd (EX-101.SCH) — 2KB
- isba-20240304_lab.xml (EX-101.LAB) — 19KB
- isba-20240304_pre.xml (EX-101.PRE) — 11KB
- isba-20240304_htm.xml (XML) — 2KB
01 Changes in Registrant's Certifying Accountant
Item 4.01 Changes in Registrant's Certifying Accountant. (a) On March 4, 2024, Rehmann Robson LLC ("Rehmann") informed Isabella Bank Corporation (the "Corporation") that Rehmann is declining to stand for re-appointment as the Corporation's independent registered public accounting firm after completion of the audit of the fiscal year ending December 31, 2024 as a result of Rehmann's decision to exit the integrated audit portion of its Securities and Exchange Commission assurance practice. There is no dispute between the Corporation and Rehmann, and Rehmann will continue to serve as the Corporation's independent registered public accounting firm with respect to the audit of the fiscal year ended December 31, 2024. The reports of Rehmann on the consolidated financial statements of the Corporation as of and for the fiscal years ended December 31, 2023 and 2022 contained no adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope, or accounting principles. During the fiscal years ended December 31, 2023 and 2022, and in the interim period from January 1, 2024 through March 4, 2024, (i) there were no disagreements between the Corporation and Rehmann on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreement(s), if not resolved to the satisfaction of Rehmann, would have caused Rehmann to make reference to such disagreements in its report on the consolidated financial statements for such years; and (ii) there were no "reportable events" as such term is defined in Item 304(a)(1)(v) of Regulation S-K). The Corporation has provided Rehmann with a copy of the disclosures made in this Current Report on Form 8-K prior to its filing with the Securities and Exchange Commission. A copy of Rehmann's letter dated March 8, 2024, stating that Rehmann agrees with the statements made herein, is attached as Exhibit 16.1 hereto. The Corporation will disclose its
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits: Exhibit No. Description 16.1 Letter from Rehmann Robson LLC to the Securities and Exchange Commission dated March 8, 2024 104 Cover page interactive data file - the cover page XBRL tags are embedded within the inline XBRL document
SIGNATURES
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: March 8, 2024 By: /s/ Jerome E. Schwind Jerome E. Schwind, President & CEO INDEX TO EXHIBITS Exhibit No. Description 16.1 Letter from Rehmann Robson LLC to the Securities and Exchange Commission dated March 8, 2024 104 Cover page interactive data file - the cover page XBRL tags are embedded within the inline XBRL document