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Interim Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Statement of Cash Flows [Abstract]    
Interest Paid, Excluding Capitalized Interest, Operating Activities $ 2,530 $ 4,074
OPERATING ACTIVITIES    
NET INCOME 10,029 10,019
Reconciliation of net income to net cash provided by operating activities:    
Provision for loan losses 522 (492)
Depreciation 1,077 1,196
Amortization of OMSR 55 100
Amortization of acquisition intangibles 8 14
Amortization of Debt Issuance Costs 45 7
Net amortization of AFS securities 1,080 1,023
Net gain on sale of mortgage loans (394) (1,120)
Mortgage Servicing Rights (MSR) Impairment (Recovery) (532) 0
Bank Owned Life Insurance Income, Net of Expense 411 358
Other Real Estate, Foreclosed Assets, and Repossessed Assets, Valuation Adjustments 4 (4)
Bank Owned Life Insurance Income, From Policy Redemption (57) (150)
Payments for Origination of Mortgage Loans Held-for-sale (12,708) (28,162)
Proceeds from Sale of Mortgage Loans Held-for-sale 13,931 30,834
Net changes in operating assets and liabilities which provided (used) cash:    
Accrued interest receivable and other assets 1,848 2,923
Accrued interest payable and other liabilities (35) (258)
Net cash provided by (used in) operating activities 14,780 15,861
Activity in AFS securities    
Maturities and calls 37,833 54,615
Purchases (139,500) (167,421)
Net loan principal (originations) collections 29,099 31,614
Proceeds from sales of foreclosed assets 77 300
Purchases of premises and equipment (827) (519)
Proceeds from Life Insurance Policy 388 562
Proceeds from Sale of Federal Home Loan Bank Stock 2,288 0
Payments to Acquire Other Investments (39) (369)
Net cash provided by (used in) investing activities (70,681) (81,218)
FINANCING ACTIVITIES    
Net increase (decrease) in deposits 49,527 70,189
Increase in other borrowed funds (2,915) (6,473)
Increase (Decrease) in Loans from Federal Home Loan Banks (10,000) (20,000)
Proceeds from Issuance of Subordinated Long-term Debt 0 29,114
Cash dividends paid on common stock (4,007) (4,275)
Proceeds from issuance of common stock 907 806
Common stock repurchased (397) (1,860)
Common stock purchased for deferred compensation obligations (527) (595)
Increase (decrease) in cash and cash equivalents (23,313) 1,549
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 82,017 248,189
Cash and cash equivalents at beginning of period 105,330  
Cash and cash equivalents at end of period 82,017  
Net cash provided by (used in) financing activities 32,588 66,906
SUPPLEMENTAL CASH FLOWS INFORMATION:    
Federal income taxes paid 1,200 0
SUPPLEMENTAL NONCASH INFORMATION:    
Transfers of loans to foreclosed assets 103 142
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 Arrangement, Noncash Expense 249 256
Condensed Cash Flow Statements, Captions [Line Items]    
Share-based payment awards $ 249 $ 256