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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Statement of Cash Flows [Abstract]    
Net income $ 34,519 $ 27,781
Adjustments to Reconcile Net Income to Net Cash From Operating Activities    
Proceeds from sales of equity securities at fair value 1,821 0
Proceeds from sales of loans held for sale 167,091 156,178
Disbursements for loans held for sale (168,399) (146,403)
Provision for credit losses 763 5,477
Deferred income tax expense 1,174 1,255
Net deferred loan costs (1,530) (457)
Net depreciation, amortization of intangible assets and premiums and accretion of discounts on securities and loans 5,013 4,949
Net gains on mortgage loans (2,697) (3,376)
Net gains on equity securities at fair value (2,693) 0
Net losses on securities available for sale 269 222
Share based compensation 1,170 1,046
Increase in accrued income and other assets (5,470) (10,431)
Decrease in accrued expenses and other liabilities (1,451) (3,165)
Total Adjustments (4,939) 5,295
Net Cash From Operating Activities 29,580 33,076
Cash Flow From (Used in) Investing Activities    
Proceeds from the sale of securities available for sale 37,273 278
Proceeds from the sale of securities held to maturity previously charged off 1,125 0
Proceeds from maturities, prepayments and calls of securities available for sale 49,241 59,513
Proceeds from maturities, prepayments and calls of securities held to maturity 9,391 12,752
Purchases of securities held to maturity 0 (440)
Purchases of Federal Home Loan Bank stock 0 (478)
Proceeds from the redemption of Federal Home Loan Bank stock 722 0
Net increase in portfolio loans (loans originated, net of principal payments) (70,623) (198,913)
Proceeds from the sale of portfolio loans 8,180 51,481
Proceeds from bank-owned life insurance 889 905
Proceeds from the sale of other real estate and repossessed assets 497 384
Proceeds from the sale of property and equipment 299 272
Capital expenditures (2,449) (3,071)
Net Cash From (Used in) Investing Activities 34,545 (77,317)
Cash Flow From (Used in) Financing Activities    
Net increase (decrease) in total deposits (8,551) 108,567
Net decrease in other borrowings (14) (60,991)
Proceeds from Federal Home Loan Bank Advances 0 135,000
Payments of Federal Home Loan Bank Advances 0 (70,000)
Dividends paid (10,016) (9,718)
Proceeds from issuance of common stock 0 71
Repurchase of common stock 0 (3,270)
Share based compensation withholding obligation (977) (597)
Net Cash From (Used in) Financing Activities (19,558) 99,062
Net Increase in Cash and Cash Equivalents 44,567 54,821
Cash and Cash Equivalents at Beginning of Period 169,781 74,371
Cash and Cash Equivalents at End of Period 214,348 129,192
Cash paid during the period for    
Interest 52,681 32,812
Income taxes 6,800 7,600
Transfers to other real estate and repossessed assets 689 604
Right of use assets obtained in exchange for lease obligations $ 2,354 $ 786