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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
CONSOLIDATED STATEMENTS OF CASH FLOWS [Abstract]      
Net Income $ 62,895 $ 56,152 $ 46,435
ADJUSTMENTS TO RECONCILE NET INCOME TO NET CASH FROM OPERATING ACTIVITIES      
Proceeds from the sale of equity securities at fair value 0 0 560
Proceeds from sales of loans held for sale 1,283,741 1,478,908 642,537
Disbursements for loans held for sale (1,210,897) (1,438,982) (647,606)
Provision for credit losses [1] (1,928)    
Provision for credit losses [1]   12,463 824
Deferred income tax (benefit) expense 1,912 (2,130) 1,088
Net deferred loan fees (costs) (7,857) 1,686 (2,936)
Net depreciation, amortization of intangible assets and premiums and accretion of discounts on securities, loans and interest bearing deposits - time 12,130 9,161 6,059
Net gains on mortgage loans (35,880) (62,560) (19,978)
Net gains on securities available for sale (1,411) (267) (307)
Share based compensation 1,947 1,980 1,854
Increase in accrued income and other assets (11,669) (7,966) (6,061)
Increase in accrued expenses and other liabilities 17,171 10,239 12,023
Total Adjustments 47,259 2,532 (11,943)
Net Cash From Operating Activities 110,154 58,684 34,492
CASH FLOW USED IN INVESTING ACTIVITIES      
Proceeds from the sale of securities available for sale 85,371 38,095 68,716
Proceeds from maturities, prepayments and calls of securities available for sale 375,723 306,691 153,938
Purchases of securities available for sale (824,348) (859,068) (237,672)
Proceeds from the maturity of interest bearing deposits - time 0 350 250
Purchase of Federal Home Loan Bank stock 0 (68) 0
Net increase in portfolio loans (loans originated, net of principal payments) (205,539) (41,861) (215,276)
Proceeds from the sale of portfolio loans 10,032 2,395 50,516
Proceeds from the sale of other real estate and repossessed assets 1,004 1,367 1,766
Proceeds from bank-owned life insurance 467 1,441 470
Proceeds from the sale of property and equipment 63 1,133 74
Capital expenditures (5,837) (4,383) (4,936)
Net Cash Used in Investing Activities (563,064) (553,908) (182,154)
CASH FLOW FROM FINANCING ACTIVITIES      
Net increase in total deposits 479,735 600,628 123,299
Net increase (decrease) in other borrowings (3) (24,994) 25,002
Proceeds from Federal Home Loan Bank advances 100,000 239,254 111,000
Payments of Federal Home Loan Bank advances (100,000) (272,910) (73,143)
Proceeds from issuance of subordinated debt, net of issuance costs 0 39,236 0
Dividends paid (18,155) (17,618) (16,554)
Proceeds from issuance of common stock 61 15 284
Repurchase of common stock (17,269) (14,231) (26,284)
Share based compensation withholding obligation (691) (755) (882)
Net Cash From Financing Activities 443,678 548,625 142,722
Net Increase (Decrease) in Cash and Cash Equivalents (9,232) 53,401 (4,940)
Cash and Cash Equivalents at Beginning of Year 118,705 65,304 70,244
Cash and Cash Equivalents at End of Year 109,473 118,705 65,304
Cash paid during the year for      
Interest 8,419 16,912 26,697
Income taxes 14,059 15,500 9,534
Transfers to other real estate and repossessed assets 253 332 2,242
Transfer of mortgage loans to held for sale 34,811 0 36,622
Securitization of portfolio loans 0 26,324 65,070
Right of use assets obtained in exchange for lease obligations 283 1,587 9,906
Purchase of securities available for sale not yet settled $ 0 $ 1,000 $ 0
[1] Beginning January 1, 2021, calculation is based on CECL methodology. Prior to January 1, 2021, calculation was based on the probable incurred loss methodology.