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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:      
Net income $ 93,605,000 $ 88,457,000 $ 88,314,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for credit losses 3,500,000 0 9,407,000
Depreciation and amortization 3,063,000 2,937,000 2,491,000
Net accretion of securities premiums and discounts (1,903,000) (1,381,000) (109,000)
Stock based compensation expenses 11,550,000 0 0
Increase in cash surrender value of BOLI (2,529,000) (2,430,000) (2,027,000)
Gain on BOLI death benefit 0 (4,000) (4,346,000)
(Increase)/Decrease in deferred income taxes, net (10,028,000) 8,128,000 (5,603,000)
Net realized (gain)/loss on sale of securities available-for-sale (44,287) (743,000) 8,199,000
Other assets 29,151,000 (6,729,000) (16,792,000)
Other liabilities (22,171,000) 15,500,000 13,814,000
Net cash provided by operating activities 104,194,000 103,735,000 93,348,000
Cash flows from investing activities:      
Net decrease/(increase) in loans and leases held for investment 27,676,000 (24,344,000) (156,433,000)
Purchase of available-for-sale securities (564,846,000) (389,349,000) (84,114,000)
Purchase of held-to-maturity securities (9,581,000) (4,218,000) (6,850,000)
Proceeds from sales, maturities, calls and pay downs of available-for-sale securities 102,472,000 99,908,000 59,557,000
Proceeds from maturities, calls and pay downs of held-to-maturity securities 60,371,000 52,675,000 49,063,000
Purchase of bank-owned life insurance 0 0 (7,271,000)
Purchase of premises and equipment (7,578,000) (2,399,000) (4,972,000)
Purchase of other investments (10,660,000) (16,050,000) (7,306,000)
Redemption of other investments 0 5,917,000 0
Proceeds from bank-owned life insurance 0 3,280,000 11,751,000
Proceeds from sale of assets 133,000 0 27,000
Net cash used in investing activities (402,013,000) (274,580,000) (146,548,000)
Cash flows from financing activities:      
Net increase/(decrease) in deposits 278,687,000 31,044,000 (91,174,000)
Cash dividends paid (13,841,000) (13,017,000) (12,886,000)
Net cash used in share repurchase program (2,933,000) (45,261,000) (20,355,000)
Purchase of treasury stock (31,793,000) 0 0
Net cash provided by/(used in) financing activities 230,120,000 (27,234,000) (124,415,000)
Net change in cash and cash equivalents (67,699,000) (198,079,000) (177,615,000)
Cash and cash equivalents, beginning of year 212,563,000 410,642,000 588,257,000
Cash and cash equivalents, end of year 144,864,000 212,563,000 410,642,000
Supplemental disclosures of cash flow information:      
Cash paid for interest 62,757,000 65,085,000 29,280,000
Income taxes paid 14,939,000 12,949,000 12,662,000
Supplemental disclosures of non-cash transactions:      
Net change in unrealized (losses)/gains on securities available-for-sale $ (22,530,000) $ 9,716,000 $ (13,445,000)