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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Statement of Cash Flows [Abstract]    
Net Income $ 27,781 $ 30,968
Adjustments to Reconcile Net Income to Net Cash From Operating Activities    
Proceeds from sales of loans held for sale 156,178 334,838
Disbursements for loans held for sale (146,403) (309,085)
Provision for credit losses 5,477 806
Deferred income tax expense 1,255 2,680
Net deferred loan costs (457) (4,868)
Net depreciation, amortization of intangible assets and premiums and accretion of discounts on securities and loans 4,949 5,734
Net gains on mortgage loans (3,376) (2,088)
Net losses on securities available for sale 222 275
Share based compensation 1,046 1,054
(Increase) Decrease in accrued income and other assets (10,159) (10,110)
Decrease in accrued expenses and other liabilities (3,165) 10,921
Total Adjustments 5,567 30,157
Net Cash From Operating Activities 33,348 61,125
Cash Flow Used in Investing Activities    
Proceeds from the sale of securities available for sale 278 70,523
Proceeds from maturities, prepayments and calls of securities available for sale 59,513 105,288
Proceeds from maturities, prepayments and calls of securities held to maturity 12,752 10,906
Purchases of securities held to maturity (440) 0
Purchases of securities available for sale 0 (137,550)
-478000 (478) 0
Proceeds from the redemption of Federal Home Loan Bank stock 0 774
Net increase in portfolio loans (loans originated, net of principal payments) (198,913) (347,921)
Proceeds from the sale of portfolio loans 51,481 33,755
Proceeds from bank-owned life insurance 905 433
Proceeds from the sale of other real estate and repossessed assets 384 532
Capital expenditures (3,071) (2,966)
Net Cash Used in Investing Activities (77,589) (266,226)
Cash Flow From Financing Activities    
Net increase in total deposits 108,567 173,484
Net increase (decrease) in other borrowings (60,991) 498
Proceeds from Federal Home Loan Bank Advances 135,000 35,000
Payments of Federal Home Loan Bank Advances (70,000) (40,000)
Dividends paid (9,718) (9,298)
Proceeds from issuance of common stock 71 32
Repurchase of common stock (3,270) (4,010)
Share based compensation withholding obligation (597) (592)
Net Cash From Financing Activities 99,062 155,114
Net Increase (Decrease) in Cash and Cash Equivalents 54,821 (49,987)
Cash and Cash Equivalents at Beginning of Period 74,371 109,473
Cash and Cash Equivalents at End of Period 129,192 59,486
Cash paid during the period for    
Interest 32,812 3,950
Income taxes 7,600 3,940
Transfers to other real estate and repossessed assets 604 599
Right of use assets obtained in exchange for lease obligations $ 786 $ 264