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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating Activities    
Net income $ 23,563 $ 20,422
Items not requiring (providing) cash    
Provision for (recovery of) credit losses (1,386) 367
Depreciation and amortization 2,641 2,322
Share based compensation 529 362
Amortization of mortgage servicing rights 750 962
Mortgage servicing rights net impairment (2,594) (236)
Premium amortization on securities, net 3,068 2,224
Gain on sale of investment securities 0 (914)
Gain on sale of mortgage loans (2,027) (5,296)
Proceeds from sales of loans 92,161 137,060
Loans originated for sale (81,336) (126,024)
Change in cash value life insurance (510) (511)
Gain on sale of other real estate owned (411) 0
Net change in:    
Interest receivable (1,339) 445
Interest payable (815) (940)
Other assets 4,730 8,284
Other liabilities (9,969) (5,156)
Net cash provided by operating activities 27,055 33,371
Investing Activities    
Purchases of securities available for sale (180,260) (230,708)
Proceeds from sales, maturities, calls and principal repayments of securities available for sale 23,089 76,869
Purchases of securities held to maturity (345,794) 0
Proceeds from maturities of securities held to maturity 13,136 6,623
Net change in interest earning time deposits 736 982
Change in FHLB stock 198 0
Net change in loans (67,592) 199,428
Proceeds on the sale of OREO and repossessed assets 1,606 507
Premises and equipment expenditures (1,078) (1,118)
Net cash used in investing activities (555,959) 52,583
Net Change In [Abstract]    
Net change in deposits 48,506 190,683
Proceeds from borrowings 228,597 2,909
Repayment of borrowings (225,000) (107)
Net change in repurchase agreements 12,429 6,641
Net settlement of share awards (1,671) (1,347)
Exercise of stock options 94 653
Dividends paid on common stock (6,605) (5,761)
Net cash provided by financing activities 56,350 193,671
Net Change in Cash and Cash Equivalents (472,554) 279,625
Cash and Cash Equivalents, Beginning of Period 593,508 249,711
Cash and Cash Equivalents, End of Period 120,954 529,336
Additional Supplemental Information    
Interest paid 4,726 5,991
Income taxes paid 0 0
Transfer of loans to other real estate and repossessed assets $ 100 $ 449