Isabella Bank (ISBA) executive compensation, 2026 proxy

Jerome E. Schwind, President and CEO of Isabella Bank Corporation and CEO of Isabella Bank, was paid $765,306 in 2025, up 30% from $586,561 the year before.

Filed
March 23, 2026
Annual meeting
May 5, 2026
Pay year
2025
Named executives
3
CEO total pay
$765,306+30% vs prior year
CEO pay in equity
12%$92,000 in awards
CEO Salary
$522,349Excludes director fees
CEO Stock Awards
$92,000Restricted stock plan grant
Max Incentive Payout
35%Percentage of annual salary

How Schwind was paid

$765,306 in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary68%Bonus7%Stock awards12%Pension and deferred comp3%All other compensation10%

Named executive officers

ExecutiveTotal
Jerome E. SchwindPresident and CEO of Isabella Bank Corporation and CEO of Isabella Bank$765,306
William M. SchaeferCFO of Isabella Bank Corporation and Isabella Bank$262,111
Neil M. McDonnellPresident of Isabella Bank$574,284

What changed and why

  • $765KCEO total compensation increased to $765,306 in fiscal 2025 from $586,561 in fiscal 2024.
  • $522KCEO salary was $522,349, up from $443,571 in the prior year.
  • CEO stock awards were granted under the Isabella Bank Corporation Restricted Stock Plan.
  • 22.8%The executive cash incentive plan provides potential payouts ranging from 22.8% to 35% of salary.
  • $40,000William M. Schaefer served as CFO and received a severance payment of $40,000.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.