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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Statement of Cash Flows [Abstract]    
Net Cash Provided by (Used in) Operating Activities $ 171,740 $ (3,002)
INVESTING ACTIVITIES    
Purchases of securities (226,971) (90,348)
Proceeds from maturities, prepayments and calls of securities 109,499 176,103
Proceeds from sales of securities 1,917 1,349
Net proceeds from sales of Federal Home Loan Bank stock 3,137 7,200
Net decrease (increase) in loans 220,854 (350,884)
Proceeds from sale of portfolio loans 3,438 0
Purchases of premises and equipment (2,110) (4,356)
Proceeds from the sale of premises and equipment 14 15
Proceeds from life insurance settlement 353 0
Net Cash Provided by (Used in) Investing Activities 110,131 (260,921)
FINANCING ACTIVITIES    
Net increase in core deposits 710,776 746,580
Net decrease in certificates of deposit (186,115) (148,573)
Net increase in securities sold under repurchase agreements 7,423 22,818
Net decrease in short-term borrowings (75,000) (198,319)
Repayments on long-term borrowings (988) (1,792)
Treasury shares issued-net (302) (594)
Cash dividends paid to common shareholders (32,954) (32,972)
Repurchase of common stock 0 (12,559)
Net Cash Provided by Financing Activities 422,840 374,589
Net increase in cash and cash equivalents 704,711 110,666
Cash and cash equivalents at beginning of period 229,666 197,823
Cash and Cash Equivalents at End of Period 934,377 308,489
Supplemental Disclosures    
Loans transferred to held for sale 4,467 0
Interest paid 12,200 37,437
Income taxes paid, net of refunds 19,183 6,210
Transfers of loans to other real estate owned $ 12,392 $ 631