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UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net income $ 35,501 $ 32,866
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 1,500 1,250
Depreciation and amortization 1,270 1,318
Net amortization of securities premiums and discounts 275 797
Increase in cash surrender value of BOLI (1,102) (1,067)
Increase in deferred income taxes, net (1,127) (1,178)
Gains on sale of securities available-for-sale (2) (2,554)
Net changes in:    
Other assets (7,797) (18,274)
Other liabilities 22,823 14,280
Net cash provided by operating activities 51,341 27,438
Cash flows from investing activities:    
Net change in loans held for investment (12,568) 66,550
Purchase of available-for-sale securities (10,090) (257,225)
Purchase of held-to-maturity securities (168,149) (124,070)
Maturities/sales of available-for-sale securities 27,679 381,117
Maturities of held-to-maturity securities 36,641 13,140
Purchase of premises and equipment (526) (377)
Purchase of other investments (3,440) (1,656)
Proceeds from sale of assets 34 74
Net cash provided by investing activities (130,419) 77,553
Cash flows from financing activities:    
Net increase in deposits 129,361 351,797
Cash dividends paid (6,110) (5,915)
Net cash used in share repurchase of common stock (11,845) 0
Net provided by financing activities 111,406 345,882
Net change in cash and cash equivalents 32,328 450,873
Cash and cash equivalents, beginning of period 715,460 383,837
Cash and cash equivalents, end of period 747,788 834,710
Supplemental disclosures of cash flow information:    
Cash paid for interest 2,580 3,220
Income taxes paid 9,343 19,181
Supplemental disclosures of non-cash transactions:    
Investment securities available-for-sale transferred to held-to-maturity $ 0 $ 316,925