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Interim Condensed Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Isabella Bank Corporation Restricted Stock Plan
Accounting Standards Update 2016-13
Common Stock
Common Stock
Isabella Bank Corporation Restricted Stock Plan
Additional Paid-in Capital
Isabella Bank Corporation Restricted Stock Plan
Shares to be Issued for Deferred Compensation Obligations
Retained Earnings
Retained Earnings
Accounting Standards Update 2016-13
Accumulated Other Comprehensive Income (Loss)
Beginning balances at Dec. 31, 2022 $ 186,210     $ 128,651     $ 5,005 $ 89,748   $ (37,194)
Beginning balances, shares at Dec. 31, 2022       7,559,421            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Stockholders' Equity, Other     $ (2,417)           $ (2,417)  
Comprehensive income (loss) 9,827             14,364   (4,537)
Issuance of common stock 1,208     $ 1,208            
Issuance of common stock, shares       55,456            
Common stock transferred from the Rabbi Trust to satisfy deferred compensation obligations 0     $ (1,841)     1,841      
Share based payment awards under equity compensation plan 477           477      
APIC, Share-based Payment Arrangement, Other, Increase for Cost Recognition   $ 219       $ 219        
Common stock purchased for deferred compensation obligations (1,333)     (1,333)            
Common stock repurchased pursuant to publicly announced repurchase plan (2,906)     $ (2,906)            
Common stock repurchased pursuant to publicly announced repurchase plan, shares       (124,320)            
Cash dividends (6,162)             (6,162)    
Ending balances at Sep. 30, 2023 185,123     $ 127,680     3,641 95,533   (41,731)
Ending balances, shares at Sep. 30, 2023       7,490,557            
Beginning balances at Jun. 30, 2023 188,431     $ 126,278     5,395 93,175   (36,417)
Beginning balances, shares at Jun. 30, 2023       7,496,826            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Comprehensive income (loss) (901)             4,413   (5,314)
Issuance of common stock 362     $ 362            
Issuance of common stock, shares       17,473            
Common stock transferred from the Rabbi Trust to satisfy deferred compensation obligations 0     $ (1,803)     1,803      
Share based payment awards under equity compensation plan 49           49      
APIC, Share-based Payment Arrangement, Other, Increase for Cost Recognition   91       91        
Common stock purchased for deferred compensation obligations (357)     (357)            
Common stock repurchased pursuant to publicly announced repurchase plan (497)     $ (497)            
Common stock repurchased pursuant to publicly announced repurchase plan, shares       (23,742)            
Cash dividends (2,055)             (2,055)    
Ending balances at Sep. 30, 2023 185,123     $ 127,680     3,641 95,533   (41,731)
Ending balances, shares at Sep. 30, 2023       7,490,557            
Beginning balances at Dec. 31, 2023 $ 202,402     $ 127,323     3,693 97,282   (25,896)
Beginning balances, shares at Dec. 31, 2023 7,485,889     7,485,889            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Comprehensive income (loss) $ 18,510             9,893   8,617
Issuance of common stock 1,190 0   $ 1,190            
Issuance of common stock, shares       61,560 16,240          
Common stock transferred from the Rabbi Trust to satisfy deferred compensation obligations 0     $ (44)     44      
Share based payment awards under equity compensation plan 332           332      
APIC, Share-based Payment Arrangement, Other, Increase for Cost Recognition   71       71        
Common stock purchased for deferred compensation obligations (991)     (991)            
Common stock repurchased pursuant to publicly announced repurchase plan (2,419)     $ (2,419)            
Common stock repurchased pursuant to publicly announced repurchase plan, shares       (124,969)            
Cash dividends (6,110)             (6,110)    
Ending balances at Sep. 30, 2024 $ 212,985     $ 125,218     3,981 101,065   (17,279)
Ending balances, shares at Sep. 30, 2024 7,438,720     7,438,720            
Beginning balances at Jun. 30, 2024 $ 202,249     $ 126,126     3,951 99,808   (27,636)
Beginning balances, shares at Jun. 30, 2024       7,474,016            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Comprehensive income (loss) 13,638             3,281   10,357
Issuance of common stock 350     $ 350            
Issuance of common stock, shares       17,580            
Common stock transferred from the Rabbi Trust to satisfy deferred compensation obligations 0     $ (23)     23      
Share based payment awards under equity compensation plan 53           53      
APIC, Share-based Payment Arrangement, Other, Increase for Cost Recognition   $ 26       $ 26        
Common stock purchased for deferred compensation obligations (290)     (290)            
Common stock repurchased pursuant to publicly announced repurchase plan (1,017)     $ (1,017)            
Common stock repurchased pursuant to publicly announced repurchase plan, shares       (52,876)            
Cash dividends (2,024)             (2,024)    
Ending balances at Sep. 30, 2024 $ 212,985     $ 125,218     $ 3,981 $ 101,065   $ (17,279)
Ending balances, shares at Sep. 30, 2024 7,438,720     7,438,720