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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash Flows from Operating Activities:    
Net Income $ 36,712 $ 39,548
Provision for Credit Losses 3,389 (286)
Depreciation and Amortization 5,845 5,894
Net Gain on Securities Transactions (379) (250)
Loans Originated and Held-for-Sale (626) (45,930)
Proceeds from the Sale of Loans Held-for-Sale 1,377 57,097
Net Gain on the Sale of Loans (80) (2,251)
Net Loss on the Sale of Premises and Equipment, Other Real Estate Owned and Repossessed Assets 136 68
Contributions to Retirement Benefit Plans (478) (441)
Deferred Income Tax Benefit (670) (35)
Shares Issued Under the Directors’ Stock Plan 285 284
Stock-Based Compensation Expense 338 310
Tax Benefit from Exercise of Stock Options 22 69
Net Increase in Other Assets (1,076) (92)
Net Increase in Other Liabilities 3,415 1,727
Net Cash Provided By Operating Activities 48,210 55,712
Cash Flows from Investing Activities:    
Proceeds from the Maturities and Calls of Securities Available-for-Sale 61,620 93,332
Purchases of Securities Available-for-Sale (149,674) (222,089)
Proceeds from the Maturities and Calls of Securities Held-to-Maturity 24,231 24,266
Purchases of Securities Held-to-Maturity (10,293) (4,695)
Net Increase in Loans (260,179) (70,393)
Proceeds from the Sales of Premises and Equipment, Other Real Estate Owned and Repossessed Assets 1,055 1,054
Purchase of Premises and Equipment (10,913) (3,942)
Net Decrease (Increase) in FHLB and Federal Reserve Bank Stock 660 (31)
Net Cash Used By Investing Activities (343,493) (182,498)
Cash Flows from Financing Activities:    
Net Increase in Deposits 244,608 370,837
Net Decrease in Short-Term Borrowings 0 (15,060)
Finance Lease Payments (38) (36)
Repayments of Federal Home Loan Bank Term Advances (20,000) 0
Purchase of Treasury Stock (2,721) (2,633)
Stock Options Exercised, Net 366 1,453
Shares Issued Under the Employee Stock Purchase Plan 361 363
Shares Issued for Dividend Reinvestment Plans 1,420 1,366
Cash Dividends Paid (12,980) (12,129)
Net Cash Provided By Financing Activities 211,016 344,161
Net (Decrease) Increase in Cash and Cash Equivalents (84,267) 217,375
Cash and Cash Equivalents at Beginning of Period 457,696 380,991
Cash and Cash Equivalents at End of Period 373,429 598,366
Supplemental Disclosures to Statements of Cash Flow Information:    
Interest on Deposits and Borrowings 5,911 4,224
Income Taxes 8,918 11,060
Transfer of Loans to Other Real Estate Owned and Repossessed Assets $ 1,217 $ 1,066