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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income $ 36,537 $ 29,491
Adjustments to reconcile net income to net cash provided by operating activities:    
Net amortization (accretion) of premiums and discounts on investments 3,609 4,080
Provision for loan losses (5,800) (1,744)
Securities (gains) losses (5) (106)
Gain on sales of mortgage loans (1,265) (2,843)
(Gain) loss on sale of other real estate 19 16
Restricted stock compensation 413 421
Depreciation and amortization 3,100 3,142
Other, net (3,990) (4,937)
NET CASH FROM OPERATING ACTIVITIES 32,618 27,520
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from sales of securities available-for-sale 0 9,369
Calls, maturities and principal reductions on securities available-for-sale 98,774 141,410
Purchases of securities available-for-sale (238,453) (364,598)
Loans made to customers, net of repayment (75,090) 43,118
Payments to Acquire Restricted Investments (1,037) (13)
Payment to Acquire Life Insurance Policy, Investing Activities 0 (10,000)
Proceeds from sales of other real estate owned 190 69
Increase (Decrease) in Federal Funds Sold (10,825) (215)
Additions to premises and equipment (1,912) (4,114)
NET CASH FROM INVESTING ACTIVITIES (226,736) (184,974)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net change in deposits (25,624) 232,953
Proceeds from (Payments for) in Securities Sold under Agreements to Repurchase (9,142) (17,536)
Maturities of other borrowings (44) 0
Purchase of treasury stock (27,284) (23,390)
Dividends paid (14,459) (14,181)
Net Cash Provided by (Used in) Financing Activities (76,553) 177,846
NET CHANGE IN CASH AND CASH EQUIVALENTS (270,671) 20,392
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 682,807 657,470
CASH AND CASH EQUIVALENTS, END OF PERIOD 412,136 677,862
Proceeds from Sale of Restricted Investments $ 1,617 $ 0