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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Operating Activities      
Net Income $ 152,302 $ 142,572 $ 157,063
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for credit losses 36,725 29,170 14,813
Deferred Income Taxes and Tax Credits 3,036 3,414 6,843
Depreciation and amortization 6,626 5,688 4,104
Net gains on securities and other assets (13,793) (14,331) (10,048)
Net amortization of premiums and discounts on securities 20 737 1,328
Redemption Premium 0 369 0
Income from increase in cash surrender value of bank owned life insurance (6,730) (5,352) (4,557)
Mortgage loans originated for sale (282,562) (245,304) (186,856)
Proceeds from Sale of Mortgage Loans Held-for-sale 282,651 212,807 174,850
Decrease (increase) in interest receivable 129 3,284 (8,838)
(Decrease) increase in interest payable (1,033) 1,215 5,001
Decrease in income taxes payable (4) (818) (4,609)
Other—net 10,173 (3,988) 1,665
Net cash provided by operating activities 187,540 129,463 150,759
Transactions with securities held to maturity:      
Proceeds from maturities and redemptions 78,251 67,993 41,824
Purchases (192,541) (55,276) (200)
Transactions with securities available for sale:      
Proceeds from sale 69,862 69,598 33,756
Proceeds from maturities and redemptions 281,247 232,897 98,309
Purchases (162,060) (437,346) (338,390)
Proceeds from Sale of Equity Securities, FV-NI 5,146 5,664 0
Purchases of FHLB stock (61,538) (45,365) (103,233)
Proceeds from the redemption of FHLB stock 57,340 64,832 91,435
Proceeds from Sale of Other Investments 0 450 0
Proceeds from bank owned life insurance 3,512 4,062 3,232
Proceeds from the sale of loans 101,719 115,807 154,585
Proceeds from sales of other assets 6,213 7,384 4,327
Acquisition, net of cash acquired 4,672 0 14,492
Net increase in loans (563,960) (136,877) (552,376)
Purchases of premises and equipment (16,089) (15,546) (22,034)
Net cash used in investing activities (388,226) (121,723) (574,273)
Financing Activities      
Net increase (decrease) in other short-term borrowings 65,327 (517,696) 52,407
Net increase in deposits 295,037 485,736 430,661
Repayments of other long-term debt (21,083) (769) (740)
Proceeds from Issuance of Long-term Debt 0 127,000 0
Repayments of Subordinated Debt 0 (50,000) 0
Repayments of Long-term Capital Lease Obligations 606 567 531
Dividends paid (55,489) (52,602) (50,814)
Proceeds from reissuance of treasury stock 245 204 245
Purchase of treasury stock (35,792) (12,630) (14,965)
Net cash provided by (used in) financing activities 247,639 (21,324) 416,263
Net increase (decrease) in cash and cash equivalents 46,953 (13,584) (7,251)
Cash and cash equivalents at January 1 133,409 146,993 154,244
Cash and cash equivalents at December 31 $ 180,362 $ 133,409 $ 146,993