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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net income $ 101,345 $ 85,847
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation 3,091 2,591
Provision for credit losses 8,654 10,575
Deferred income taxes (2,789) 939
Net amortization of discount/premiums on debt securities 2,085 2,056
Net amortization on loans 975 1,004
Amortization of intangible assets 1,608 1,991
Amortization of servicing assets 476 606
Mortgage loans originated-for-sale (12,150) (14,177)
Proceeds from mortgage loans sold 11,744 14,017
Sale of investment securities (106) 0
Sale of SBA loans (3,048) (1,415)
Sale of other real estate (79) 2
Sale of state tax credits (110) (769)
Stock-based compensation 6,192 5,014
Net change in other assets and liabilities (16,579) (1,884)
Net cash provided by operating activities 101,309 106,397
Cash flows from investing activities:    
Net increase in loans (255,212) (150,911)
Sale of debt securities, available-for-sale 9,631 0
Paydown or maturity of debt securities, available-for-sale 198,032 107,671
Paydown or maturity of debt securities, held-to-maturity 9,400 3,471
Redemption of other investments 63,144 50,387
Sale of SBA loans 60,028 25,090
Sale of state tax credits held for sale 725 4,319
Sale of other real estate 3,619 207
Settlement of bank-owned life insurance policies 2,079 0
Payments for the purchase of:    
Available-for-sale debt securities (488,484) (127,647)
Held-to-maturity debt securities (175,052) (28,480)
Other investments (78,102) (57,134)
Bank owned life insurance (75,000) 0
State tax credits held for sale (360) (2,803)
Fixed assets (6,721) (4,741)
Net cash used in investing activities (732,273) (180,571)
Cash flows from financing activities:    
Net decrease in noninterest-bearing deposit accounts (161,740) (30,435)
Net increase in interest-bearing deposit accounts 332,607 136,447
Net increase in short term FHLB advances, net 294,000 78,000
Repayments of notes payable 0 (11,429)
Net decrease in other borrowings (70,180) (108,131)
Repurchase of common stock (10,630) (8,596)
Cash dividends paid on common stock (21,798) (19,106)
Cash dividends paid on preferred stock (1,875) (1,875)
Other (2,070) (955)
Net cash provided by financing activities 358,314 33,920
Net decrease in cash and cash equivalents (272,650) (40,254)
Cash and cash equivalents, beginning of period 764,170 433,029
Cash and cash equivalents, end of period 491,520 392,775
Cash paid during the period for:    
Interest 130,213 142,563
Income taxes 24,626 14,401
Noncash investing and financing transactions:    
Transfer to other bank owned assets 7,821 3,219
Right-of-use assets obtained in exchange for lease obligations $ 0 $ 985