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Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:        
Net income (loss) $ 136,009,000 $ 20,596,000    
Adjustments to reconcile net income to net cash provided by operating activities:        
Depreciation and amortization of intangibles 26,312,000 12,346,000    
Provision (benefit) charge for credit losses on loans and securities (2,319,000) 66,239,000    
Provision charge for credit losses on off-balance sheet credit exposures 69,000 3,146,000    
Deferred tax expense (benefit) 7,153,000 (1,020,000)    
Amortization of operating lease right-of-use assets 7,015,000 6,398,000    
Income on Bank-owned life insurance (4,678,000) (5,140,000)    
Net amortization of premiums and discounts on securities 8,449,000 694,000    
Accretion of net deferred loan fees (3,012,000) (3,611,000)    
Amortization of premiums on purchased loans, net 129,000 100,000    
Originations of loans held for sale (36,107,000) (5,285,000)    
Proceeds from sales of loans held for sale 170,708,000 3,005,000    
ESOP expense 0 1,442,000    
Allocation of stock award expense 4,802,000 3,425,000    
Allocation of stock option expense 17,000 44,000    
Net gain on sale of loans (1,760,000) (385,000)    
Net (gain) loss on securities transactions (87,000) 2,974,000    
Net gain on sale of premises and equipment (624,000) 0    
Net loss (gain) on sale of foreclosed assets 11,000 (203,000)    
Increase in accrued interest receivable (1,554,000) (7,634,000)    
Decrease (increase) in other assets 25,106,000 (27,968,000)    
(Decrease) increase in other liabilities (60,357,000) 48,748,000    
Net cash provided by operating activities 275,282,000 117,911,000    
Cash flows from investing activities:        
Net (increase) decrease in loans (419,566,000) 5,236,000    
Purchases of loans (321,000) 0    
Proceeds from sales of foreclosed assets 0 426,000    
Proceeds from maturities, calls and paydowns of held to maturity debt securities 29,424,000 22,908,000    
Purchases of investment securities held to maturity (10,928,000) (15,122,000)    
Proceeds from sales of available for sale debt securities 1,670,000 568,360,000    
Proceeds from maturities, calls and paydowns of available for sale debt securities 242,868,000 122,363,000    
Purchases of available for sale debt securities (430,010,000) (60,338,000)    
Proceeds from redemption of Federal Home Loan Bank stock 185,663,000 121,738,000    
Purchases of Federal Home Loan Bank stock (199,917,000) (142,589,000)    
Cash received, net of cash consideration paid for acquisition 0 194,548,000    
BOLI claim benefits received 906,000 1,356,000    
Proceeds from sales of premises and equipment 2,348,000 0    
Purchases of premises and equipment (5,348,000) (1,513,000)    
Net cash (used in) provided by investing activities (603,211,000) 817,373,000    
Cash flows from financing activities:        
Net increase (decrease) in deposits 84,711,000 (562,194,000)    
Increase in mortgage escrow deposits 8,044,000 8,324,000    
Cash dividends paid to stockholders (63,223,000) (37,159,000)    
Purchase of employee restricted shares to fund statutory tax withholding (2,842,000) (1,290,000)    
Proceeds from subordinated debentures 0 221,243,000    
Proceeds from subordinated debentures and long-term borrowings 504,500,000 0    
Payments on long-term borrowings (327,702,000) 0    
Net increase (decrease) in short-term borrowings 177,427,000 (453,902,000)    
Net cash provided by (used in) financing activities 380,915,000 (824,978,000)    
Net increase in cash and cash equivalents 52,986,000 110,306,000    
Cash and cash equivalents at beginning of period 205,869,000 180,185,000    
Restricted cash at beginning of period 70,000 70,000    
Total cash and cash equivalents 258,925,000 290,561,000 $ 205,939,000 $ 180,255,000
Cash and cash equivalents at end of period 257,953,000 290,491,000    
Restricted cash at end of period 972,000 70,000    
Cash paid during the period for:        
Interest on deposits and borrowings 248,338,000 137,204,000    
Income taxes 56,551,000 18,419,000    
Non-cash investing activities:        
Initial recognition of operating lease right-of-use assets 0 14,742,000    
Initial recognition of operating lease liabilities 0 14,742,000    
Non-cash assets acquired at fair value:        
Investment securities 0 1,632,107,000    
Loans held for sale 0 1,494,000    
Loans held for investment 0 7,889,138,000    
Bank-owned life insurance 0 160,646,000    
Goodwill and other intangible assets 0 400,773,000    
Bank premises and equipment 0 60,578,000    
Other assets 0 269,251,000    
Total non-cash assets acquired at fair value 0 10,413,987,000    
Liabilities assumed        
Deposits 0 8,622,924,000    
Borrowings 0 785,927,000    
Subordinated debentures 0 180,198,000    
Other Liabilities 0 142,708,000    
Total liabilities assumed 0 9,731,757,000    
Common stock issued for acquisitions $ 0 $ 876,778,000