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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net income $ 26,899 $ 22,008
Adjustments to reconcile net income to net cash from operating activities:    
Provision for credit losses 2,920 2,605
Depreciation and amortization 2,939 3,257
Accretion and amortization 1,473 1,346
Other gains, net (266) (50)
Net gain on sales of loans (5,246) (5,442)
Proceeds from sales of loans held for sale 145,512 154,753
Loans originated for sale (137,489) (151,879)
Deferred income tax expense (728) (944)
Earnings on bank-owned life insurance (805) (750)
Stock-based compensation 1,323 1,138
Change in valuation of mortgage servicing rights 1,741 625
Net change in:    
Accrued interest receivable and other assets 5,935 3,916
Accrued expenses and other liabilities (3,367) 6,754
Net cash provided by operating activities 40,841 37,337
Activity in securities available for sale:    
Purchases (9,374) (299,849)
Maturities, prepayments, and calls 19,533 320,058
Loan originations and principal collections, net (45,880) (82,575)
Purchases of premises and equipment (2,862) (1,552)
Proceeds from sales of premises and equipment 2,240 69
Proceeds from sales of foreclosed assets 974 889
Net cash used in investing activities (35,369) (62,960)
Cash flows from financing activities:    
Net change in deposits 118,062 (1,640)
Net change in short-term borrowings 1,352 0
Proceeds from common stock issuance 235 0
Payments to tax authorities for stock-based compensation (277) (132)
Cash dividends paid on common stock (4,904) (4,417)
Payments to repurchase common stock (8,526) (340)
Net cash provided by (used in) financing activities 105,942 (6,529)
Net change in cash and cash equivalents 111,414 (32,152)
Beginning cash and cash equivalents 359,082 330,158
Ending cash and cash equivalents 470,496 298,006
Supplemental disclosures of cash flow information:    
Interest paid on deposits and borrowed funds 44,173 45,667
Income taxes paid 6,820 3,625
Supplemental schedule of noncash activities:    
Loans transferred to foreclosed assets 981 732
Additions to mortgage servicing rights $ 583 $ 482