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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Statement of Cash Flows [Abstract]    
Net income $ 48,329 $ 45,324
Adjustments to Reconcile Net Income to Net Cash From Operating Activities    
Proceeds from sales of equity securities at fair value 2,685 0
Proceeds from sales of loans held for sale 279,046 273,766
Disbursements for loans held for sale (276,535) (255,601)
Provision for credit losses 2,251 6,827
Deferred income tax expense (benefit) (150) 821
Net deferred loan costs 149 285
Net depreciation, amortization of intangible assets and premiums and accretion of discounts on securities and loans 7,522 7,478
Net gains on mortgage loans (4,874) (5,475)
Net gains on equity securities at fair value (2,685) 0
Net losses on securities available for sale 414 222
Share based compensation 1,744 1,670
Increase in accrued income and other assets (2,437) (14,642)
Decrease in accrued expenses and other liabilities (8,677) (1,887)
Total Adjustments (1,547) 13,464
Net Cash From Operating Activities 46,782 58,788
Cash Flow Used in Investing Activities    
Proceeds from the sale of securities available for sale 39,431 278
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 66,039 89,315
Proceeds from maturities, prepayments and calls of securities held to maturity 14,236 16,745
Purchases of securities held to maturity (3,628) (1,740)
Purchases of Federal Home Loan Bank stock 0 (478)
Proceeds from the redemption of Federal Home Loan Bank stock 722 1,310
Net increase in portfolio loans (loans originated, net of principal payments) (163,731) (311,733)
Proceeds from the sale of portfolio loans 14,807 51,481
Proceeds from bank-owned life insurance 889 905
Proceeds from the sale of other real estate and repossessed assets 822 598
Proceeds from the sale of property and equipment 299 1,632
Capital expenditures (3,941) (4,511)
Net Cash Used in Investing Activities (32,930) (156,198)
Cash Flow From (Used in) Financing Activities    
Net increase in total deposits 3,996 206,543
Net decrease in other borrowings (26) (60,992)
Proceeds from Federal Home Loan Bank Advances 0 135,000
Payments of Federal Home Loan Bank Advances (50,000) (110,000)
Dividends paid (15,032) (14,535)
Proceeds from issuance of common stock 0 71
Repurchase of common stock 0 (4,963)
Share based compensation withholding obligation (1,011) (624)
Net Cash From (Used in) Financing Activities (62,073) 150,500
Net Increase (Decrease) in Cash and Cash Equivalents (48,221) 53,090
Cash and Cash Equivalents at Beginning of Period 169,781 74,371
Cash and Cash Equivalents at End of Period 121,560 127,461
Cash paid during the period for    
Interest 78,720 53,936
Income taxes 11,400 11,300
Transfers to other real estate and repossessed assets 864 604
Right of use assets obtained in exchange for lease obligations $ 2,354 $ 1,146