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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities:    
Net income $ 20,725 $ 17,760
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 2,353 4,172
Depreciation and amortization of premises and equipment 1,728 1,741
Non-cash lease expense 0 28
Cash flows from operating leases (1,232) (1,280)
Amortization of mortgage servicing rights 265 192
Net accretion of discount on investment securities (330) (324)
Common shares withheld to satisfy tax obligations related to share‑based compensation (1,386) (771)
Share-based compensation 579 566
Net gain on sales of residential mortgage loans (205) (187)
Proceeds from sales of loans held for sale 8,448 14,454
Originations of loans held for sale (9,808) (11,393)
Equity in the earnings of unconsolidated entities (13) (2)
Distributions from unconsolidated entities 30 0
Net increase in cash surrender value of bank-owned life insurance (399) (497)
Deferred income tax (benefit) expense (2,974) 5,330
Net tax expense from share-based compensation 0 69
Net change in other assets and liabilities 548 (9,418)
Net cash provided by operating activities 18,329 20,440
Cash flows from investing activities:    
Purchases of investment securities available-for-sale (48,862) (40,823)
Proceeds from maturities, prepayments and calls of investment securities available-for-sale 15,800 13,902
Proceeds from maturities, prepayments and calls of investment securities held-to-maturity 9,188 8,606
Loan (originations) payments, net (17,872) 26,860
Purchases of loan portfolios (15,795) (31,440)
Purchases of bank-owned life insurance (182) (133)
Purchases of premises, equipment and land (1,066) (889)
Contributions to unconsolidated entities (4,202) (950)
Net redemption (purchases) of FRB and FHLB stock 1,154 (17,234)
Net cash used in investing activities (61,837) (42,101)
Cash flows from financing activities:    
Net increase (decrease) in deposits 89,590 (47,963)
Repayments of long-term debt 0 (25,000)
Cash dividends paid on common stock (7,614) (7,327)
Repurchases of common stock and other related costs (10,525) (2,094)
Net cash provided by (used in) financing activities 71,451 (82,384)
Net increase (decrease) in cash and cash equivalents 27,943 (104,045)
Cash and cash equivalents at beginning of period 378,653 380,941
Cash and cash equivalents at end of period 406,596 276,896
Cash paid during the period for:    
Interest expense paid 15,103 20,801
Income taxes paid, net 1,817 0
Supplemental disclosure of non-cash information:    
Lease liabilities arising from obtaining right-of-use lease assets 499 0
Amortization of unrealized losses on investment securities transferred to held-to-maturity at fair value $ 1,530 $ 1,552