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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income $ 36,992 $ 22,293
Adjustments to reconcile net income to net cash provided by operating activities:    
Net amortization of premiums and discounts on investments 2,034 2,411
Provision for credit losses 3,900 4,766
Securities (gains)/losses 3  
Depreciation and amortization 6,466 3,308
Restricted stock compensation 466 482
Gain on sale of mortgage loans (655) (475)
(Gain) Loss on sale of other real estate 1 (62)
Other, net (15,430) (11,510)
NET CASH FROM OPERATING ACTIVITIES 33,777 21,213
CASH FLOWS FROM INVESTING ACTIVITIES:    
Calls, maturities and principal reductions on securities available-for-sale 62,367 50,182
Purchases of securities available-for-sale (19,862) (8,615)
Loans made to customers, net of repayment (58,925) (42,002)
Net change in federal funds sold (33) (23,718)
Redemption of restricted stock 55  
Purchase of restricted stock (28) (14)
Proceeds from sales of other real estate owned 15 268
Additions to premises and equipment (1,699) (1,302)
NET CASH FROM INVESTING ACTIVITIES (18,110) (25,201)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net change in deposits (55,985) 42,308
Net change in short-term borrowings (37,545) (29,010)
Dividends paid (12,076) (10,620)
Purchase of treasury stock (795) (376)
Proceeds from other borrowings 775,000 1,150,000
Maturities of other borrowings (680,527) (1,150,000)
NET CASH FROM FINANCING ACTIVITIES (11,928) 2,302
NET CHANGE IN CASH AND CASH EQUIVALENTS 3,739 (1,686)
CASH AND DUE FROM BANKS, BEGINNING OF PERIOD 93,526 76,759
CASH AND DUE FROM BANKS, END OF PERIOD $ 97,265 $ 75,073