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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
OPERATING ACTIVITIES      
Net Income (Loss) Attributable to Parent $ 10,885 $ 13,024 $ 14,021
Reconciliation of net income to net cash provided by operating activities:      
Undistributed Earnings Of Equity Method And Other Investments (394) 3,320 (144)
Provision for loan losses 1,665 30 978
Depreciation 2,620 2,908 2,940
Amortization of OMSR 504 307 218
Amortization of acquisition intangibles 48 72 96
Net amortization of AFS securities 2,044 1,784 1,873
Unrealized Gain (Loss) on Securities 0 0 41
Debt Securities, Available-for-sale, Realized Gain (Loss) (71) (6) 0
Equity Securities, FV-NI, Realized Gain (Loss) 0 0 (1)
Net gain on sale of mortgage loans (2,716) (650) (525)
OMSR Impairment 316 214 0
Impairments 51 (162) (49)
Increase in cash value of corporate owned life insurance policies (708) (722) (707)
Bank Owned Life Insurance Income, From Policy Redemption (891) 0 0
Loss on sale of joint venture investment 394 0 0
Loss on extinguishment of debt 7,643 0 0
Deferred income tax expense (benefit) (276) 408 275
Origination of loans held for sale (114,323) (39,937) (29,242)
Proceeds from loan sales 115,202 40,041 30,969
Net changes in operating assets and liabilities which provided (used) cash:      
Accrued interest receivable (381) 427 135
Other assets (440) 1,085 115
Accrued interest payable and other liabilities 398 637 358
Net cash provided by (used in) operating activities 21,997 23,303 21,963
Activity in AFS securities      
Sales 26,855 33,840 0
Maturities, calls, and principal payments 97,844 81,543 80,005
Purchases (28,658) (39,896) (35,211)
Proceeds from Sale of Available-for-sale Securities, Equity 0 0 3,537
Proceeds from Divestiture of Interest in Joint Venture 1,000 0 0
Loan principal (originations) collections, net (52,132) (58,974) (37,958)
Proceeds from sales of foreclosed assets 409 706 450
Purchases of premises and equipment (1,518) (1,335) (2,305)
Payment to Acquire Life Insurance Policy, Investing Activities (625) 0 0
Proceeds from the redemption of corporate owned life insurance policies 2,387 0 0
Payments to Acquire Federal Home Loan Bank Stock 0 0 (1,350)
Payments to Acquire Other Investments (429) (404) (651)
Net cash provided by (used in) investing activities 45,133 15,480 6,517
FINANCING ACTIVITIES      
Net increase (decrease) in deposits 252,466 21,158 27,435
Net increase (decrease) in borrowed funds (124,895) (64,300) (4,579)
Cash dividends paid on common stock (8,524) (8,282) (8,169)
Proceeds from issuance of common stock 4,185 4,876 6,864
Common stock repurchased (2,702) (4,003) (7,007)
Common stock purchased for deferred compensation obligations (1,592) (1,131) (401)
Net cash provided by (used in) financing activities 118,938 (51,682) 14,143
Increase (decrease) in cash and cash equivalents 186,068 (12,899) 42,623
Cash and cash equivalents at beginning of period 60,572 73,471 30,848
Cash and cash equivalents at end of period 246,640 60,572 73,471
SUPPLEMENTAL CASH FLOWS INFORMATION:      
Interest paid 14,204 17,827 15,485
Federal income taxes paid 846 745 50
SUPPLEMENTAL NONCASH INFORMATION:      
Transfers of loans to foreclosed assets 531 645 467
Loan Receivable, Sale of Joint Venture Investment [Line Items] 3,227 0 0
Isabella Bank Corporation and Related Companies Deferred Compensation Plan for Directors      
Reconciliation of net income to net cash provided by operating activities:      
Share-based payment awards under equity compensation plan 413 523 612
Share-based payment awards 413 523 612
Isabella Bank Corporation Restricted Stock Plan      
Reconciliation of net income to net cash provided by operating activities:      
Share-based payment awards under equity compensation plan 14 0 0
Share-based payment awards $ 14 $ 0 $ 0