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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 $ 24,549 $ 26,559
Provision for Credit Losses 1,674 (385)
Depreciation and Amortization 3,835 3,952
Net Gain on Securities Transactions (284) (356)
Loans Originated and Held-for-Sale (1,002) (40,854)
Proceeds from the Sale of Loans Held-for-Sale 1,359 51,987
Net Gain on the Sale of Loans (62) (2,040)
Net Loss on the Sale of Premises and Equipment, Other Real Estate Owned and Repossessed Assets 120 45
Contributions to Retirement Benefit Plans (319) (291)
Deferred Income Tax Benefit (328) (9)
Shares Issued Under the Directors’ Stock Plan 193 189
Stock-Based Compensation Expense 224 207
Tax Benefit from Exercise of Stock Options 22 41
Net Decrease (Increase) in Other Assets 173 (842)
Net Increase in Other Liabilities 530 1,890
Net Cash Provided By Operating Activities 30,684 40,093
Cash Flows from Investing Activities:    
Proceeds from the Maturities and Calls of Securities Available-for-Sale 42,660 53,087
Purchases of Securities Available-for-Sale (110,049) (130,481)
Proceeds from the Maturities and Calls of Securities Held-to-Maturity 19,656 17,281
Purchases of Securities Held-to-Maturity (5,491) (3,704)
Net Increase in Loans (178,740) (59,778)
Proceeds from the Sales of Premises and Equipment, Other Real Estate Owned and Repossessed Assets 860 877
Purchase of Premises and Equipment (6,079) (2,404)
Net Decrease (Increase) in FHLB and Federal Reserve Bank Stock 662 (31)
Net Cash Used By Investing Activities (236,521) (125,153)
Cash Flows from Financing Activities:    
Net (Decrease) Increase in Deposits (4,837) 203,307
Net Decrease in Short-Term Borrowings 0 (14,394)
Finance Lease Payments (25) (24)
Repayments of Federal Home Loan Bank Term Advances (20,000) 0
Purchase of Treasury Stock (2,613) (190)
Stock Options Exercised, Net 326 525
Shares Issued Under the Employee Stock Purchase Plan 242 246
Shares Issued for Dividend Reinvestment Plans 949 911
Cash Dividends Paid (8,647) (8,084)
Net Cash (Used) Provided By Financing Activities (34,605) 182,297
Net (Decrease) Increase in Cash and Cash Equivalents (240,442) 97,237
Cash and Cash Equivalents at Beginning of Period 457,696 380,991
Cash and Cash Equivalents at End of Period 217,254 478,228
Supplemental Disclosures to Statements of Cash Flow Information:    
Interest on Deposits and Borrowings 2,703 3,038
Income Taxes 5,918 6,960
Transfer of Loans to Other Real Estate Owned and Repossessed Assets $ 719 $ 713