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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income $ 20,924 $ 12,877
Adjustments to reconcile net income to net cash provided by operating activities:    
Net amortization (accretion) of premiums and discounts on investments 1,903 2,015
Provision for loan losses (6,550) 452
Securities (gains) losses (5) 152
Gain on sales of mortgage loans (662) (1,393)
(Gain) loss on sale of other real estate 0 28
Restricted stock compensation 207 205
Depreciation and amortization 1,529 1,572
Other, net 3,199 (716)
NET CASH FROM OPERATING ACTIVITIES 20,545 15,192
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from sales of securities available-for-sale 0 4,913
Calls, maturities and principal reductions on securities available-for-sale 51,989 75,551
Purchases of securities available-for-sale (138,610) (172,833)
Loans made to customers, net of repayment 11,188 (35,178)
Payments to Acquire Restricted Investments (952) (13)
Proceeds from sales of other real estate owned 67 36
Increase (Decrease) in Federal Funds Sold (428) (284)
Additions to premises and equipment (1,641) (1,660)
NET CASH FROM INVESTING ACTIVITIES (76,782) (129,468)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net change in deposits (14,055) 149,486
Proceeds from (Payments for) in Securities Sold under Agreements to Repurchase 3,298 (17,286)
Maturities of other borrowings (22) 0
Purchase of treasury stock (9,664) (1,366)
Dividends paid (7,952) (7,182)
Net Cash Provided by (Used in) Financing Activities (28,395) 123,652
NET CHANGE IN CASH AND CASH EQUIVALENTS (84,632) 9,376
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 682,807 657,470
CASH AND CASH EQUIVALENTS, END OF PERIOD 598,175 666,846
Proceeds from Sale of Restricted Investments $ 1,605 $ 0