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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Net income $ 86,509 $ 80,413 $ 80,389
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization/accretion 16,617 22,647 20,626
Provision for Credit Losses 0 4,300 0
Net amortization of deferred loan fees (5,576) (4,442) (260)
Stock option compensation expense 1,419 1,875 1,744
Life insurance gains 0 0 (433)
Securities gains (34) (71) (217)
Gains on sales of premises and equipment 0 (3,536) 0
Gain on disposal of premises and equipment 0 (71) 0
Net changes in:      
Interest income receivable (2,499) (4,225) (2,963)
Net deferred tax liability 3,899 (246) 3,662
Increase in other assets (3,534) (3,528) (14,806)
Income taxes payable (1,054) 353 (1,733)
Interest expense payable (72) (5) (9)
Other liabilities (6,940) 14,280 (5,298)
Net Cash Provided by Operating Activities 88,735 107,744 80,702
Investing Activities:      
Net repayments (disbursements) of loans 193,755 (126,682) 79,396
Proceeds from life insurance policies 0 0 1,273
Purchases of debt securities available for sale (1,909,370) (2,102,983) (970,542)
Proceeds from sale/maturity/calls of debt securities available for sale 1,204,455 1,260,846 631,016
Proceeds from maturity/calls of debt securities held to maturity 206,400 218,164 238,450
Proceeds from sale of equity securities 0 0 1,797
Purchases of premises and equipment (1,324) (2,200) (3,994)
Proceeds from sale of premises and equipment 0 3,819 0
Proceeds from sale of foreclosed assets 0 114 307
Net Cash Used in Investing Activities (306,084) (748,922) (22,297)
Financing Activities      
Net change in deposits 725,977 875,358 (54,218)
Net change in short-term borrowings 43,701 71,617 (20,319)
Exercise of stock options 3,017 2,838 13,699
Retirement of common stock (232) (16,496) (488)
Common stock dividends paid (44,304) (44,285) (43,942)
Net Cash Provided by (Used in) Financing Activities 728,159 889,032 (105,268)
Net Change In Cash and Due from Banks 510,810 247,854 (46,863)
Cash and Due from Banks at Beginning of Period 621,275 373,421 420,284
Cash and Due from Banks at End of Period 1,132,085 621,275 373,421
Supplemental disclosure of noncash activities:      
Right-of-use assets acquired in exchange for operating lease liabilities 5,105 7,697 23,587
Amount recognized upon initial adoption of ASU 2016-02 0 0 15,325
Securities purchases pending settlement 0 29,000 0
Supplemental disclosure of cash flow activities:      
Cash paid for amounts included in operating lease liabilities 6,309 6,516 5,123
Interest paid for the period 2,027 1,830 1,898
Income tax payments for the period $ 27,673 $ 26,462 $ 24,491