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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Operating Activities:    
Net Income $ 32,866 $ 28,431
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Provision for Credit Losses 1,250 300
Depreciation and Amortization 1,318 1,414
Net Amortization of Investment Security Premiums & Discounts 797 397
Amortization of Core Deposit Intangible 306 313
Accretion of Discount on Acquired Loans (37) (117)
Net Gain on Sale of Investment Securities (2,554) (13)
Net Gain on Sale of Property & Equipment (36) (62)
Net Change in Operating Assets & Liabilities:    
Net (Increase) Decrease in Interest Receivable and Other Assets (20,752) 1,953
Net Increase (Decrease) in Interest Payable and Other Liabilities 14,280 (3,217)
Net Cash Provided by Operating Activities 27,438 29,399
Investing Activities:    
Purchase of Investment Securities Available-for-Sale (257,225) (150,342)
Proceeds from Sold, Matured or Called Securities Available-for-Sale 381,117 106,840
Purchase of Investment Securities Held-to-Maturity (124,070) (15,068)
Proceeds from Matured or Called Securities Held-to-Maturity 13,140 6,243
Net Loans & Leases Paid, Originated or Acquired 66,550 (391,622)
Additions to Premises and Equipment, Net (377) (3,877)
Purchase of Other Investments (1,656) (3,230)
Proceeds from Sale of Property & Equipment 74 77
Net Cash Provided by (Used in) Investing Activities 77,553 (450,979)
Financing Activities:    
Net Increase in Deposits 351,797 504,014
Cash Dividends (5,922) (5,753)
Cash Dividends Returned 7 0
Net Cash Provided by Financing Activities 345,882 498,261
Net Change in Cash and Cash Equivalents 450,873 76,681
Cash and Cash Equivalents at Beginning of Period 383,837 294,758
Cash and Cash Equivalents at End of Period 834,710 371,439
Supplementary Data    
Cash Payments Made for Income Taxes 19,181 17
Issuance of Common Stock to the Bank's Non-Qualified Retirement Plans 0 403
Interest Paid 3,220 6,427
Supplementary Noncash Disclosure    
Investment Securities Available-for-Sale Transferred to Held-to-Maturity 316,925 0
Security Purchase Settled in Subsequent Period $ 0 $ (2,507)