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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net income $ 9,704 $ 24,805
Adjustments to reconcile consolidated net income to net cash provided by operating activities:    
Provision for credit losses 14,919 1,954
Depreciation expense 1,520 1,635
Amortization of intangibles 451 457
Amortization of premiums on securities 835 534
Amortization of lease right-to-use assets 743 659
Accretion of lease liabilities 249 262
Earnings on bank-owned life insurance (828) (4,151)
Stock-based compensation expense 1,109 1,112
Deferred income tax provision (4,321) (436)
Net gain on sales of assets (262) (157)
Earnings on securities (40) (16)
Change in operating assets and liabilities:    
Loans held for sale 1,665 (1,325)
Other assets (11,390) (1,382)
Other liabilities 10,664 646
Total adjustments 15,314 (208)
Net cash provided by operating activities 25,018 24,597
Cash flows from investing activities:    
Purchases of securities (329,452) (312,001)
Proceeds from sales, calls and maturities of securities 303,005 303,056
Principal repayments of securities 26,832 11,540
Net increase in loans (294,088) (226,513)
Sales of loan participations 566 30,330
Purchases of loan participations (2,500) (1,256)
Proceeds from sales of Small Business Administration loans 508 1,706
Net contributions to equity investments (1,659) (5,896)
Redemption (purchases) of bank-owned life insurance   4,655
Net purchases sales of premises and equipment (1,374) (1,391)
Proceeds from sales of repossessed real estate and other assets   45
Proceeds from insurance claims   108
Net cash used in investing activities (298,162) (195,617)
Cash flows from financing activities:    
Net increase in noninterest-bearing deposits 328,887 18,229
Net decrease in interest-bearing deposits 72,928 (45,604)
Net increase in Federal Home Loan Bank advances   90,000
Net increase (decrease) in securities sold under agreements to repurchase 2,015 (1,693)
Redemption of trust preferred securities   (1,571)
Dividends paid on common stock (4,979) (3,738)
Payments to tax authorities for stock-based compensation (44) (19)
Proceeds from exercise of stock options 33 122
Repurchase of common stock (5,360)  
Net cash provided by financing activities 393,480 55,726
Net decrease in cash, cash equivalents and restricted cash 120,336 (115,294)
Cash, cash equivalents and restricted cash, beginning 372,064 382,070
Cash, cash equivalents and restricted cash, ending $ 492,400 $ 266,776