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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 $ 33,152 $ 10,517
Adjustments to Reconcile Net Income to Net Cash from Operating Activities:    
Net (Accretion) Amortization on Securities (444) (426)
Depreciation and Amortization 4,884 3,748
Loans Originated for Sale (59,654) (29,096)
Proceeds from Sales of Loans Held-for-Sale 53,148 32,219
Provision for Credit Losses 2,000 15,300
Gain on Sale of Loans, Net (1,483) (933)
Gain on Sales of Other Real Estate and Repossessed Assets 22 0
Loss on Disposition of Premises and Equipment (20) (4)
Increase in Cash Surrender Value of Company Owned Life Insurance (625) (579)
Equity Based Compensation 499 481
Change in Assets and Liabilities:    
Interest Receivable and Other Assets 2,070 (474)
Interest Payable and Other Liabilities 3,495 7,175
Net Cash from Operating Activities 37,044 37,928
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from Maturities, Calls, and Redemptions of Securities Available-for-Sale 178,598 125,188
Proceeds from Sales of Securities Available-for-Sale 0 205,376
Purchase of Securities Available-for-Sale (200,124) (141,489)
Proceeds from Redemption of Federal Home Loan Bank Stock 179 3,310
Loans Made to Customers, Net of Payments Received 24,522 (2,971)
Proceeds from Sales of Other Real Estate 46 0
Property and Equipment Expenditures (1,066) (1,253)
Proceeds from Sales of Land and Buildings 345 0
Acquisition of Heartland Bancorp. 0 22,665
Net Cash from Investing Activities 2,500 210,826
CASH FLOWS FROM FINANCING ACTIVITIES    
Change in Deposits (8,855) 38,126
Change in Short-term Borrowings (13,491) (22,532)
Advances in Long-term Debt 0 0
Repayments of Long-term Debt (71) (36)
Dividends Paid (11,582) (10,813)
Net Cash from Financing Activities (33,999) 4,745
Net Change in Cash and Cash Equivalents 5,545 253,499
Cash and Cash Equivalents at Beginning of Year 118,382 188,792
Cash and Cash Equivalents at End of Period 123,927 442,291
Cash Paid During the Period for    
Interest 30,165 28,648
Income Taxes 0 0
Supplemental Non Cash Disclosures    
Interest Rate Swap Fair Value Adjustment $ (360) $ (731)