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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Statement of Cash Flows [Abstract]    
Net Cash Provided by Operating Activities $ 46,378 $ 44,255
INVESTING ACTIVITIES    
Purchases of securities (34,243) (11,226)
Proceeds from maturities, prepayments and calls of securities 27,018 28,140
Proceeds from sales of securities 74 0
Redemption (purchases) of Federal Home Loan Bank stock 11,379 (7,227)
Net increase in loans (18,004) (63,646)
Proceeds from sale of portfolio loans 8,923 1,947
Purchases of premises and equipment (643) (1,439)
Proceeds from the sale of premises and equipment 110 57
Proceeds from life insurance settlement 584 0
Net payments from cash flow hedge (3,536) (2,351)
Net Cash Used in Investing Activities (8,338) (55,745)
FINANCING ACTIVITIES    
Net decrease in demand, money market and savings deposits (84,247) (307,521)
Net increase in certificates of deposit 162,831 240,664
Net (decrease) increase in short-term borrowings (130,000) 125,000
Repayments on long-term borrowings (121) (113)
Repurchase of shares for taxes on restricted stock (37) (19)
Cash dividends paid to common shareholders (12,616) (12,378)
Net Cash (Used in) Provided by Financing Activities (64,190) 45,633
Net (decrease) increase in cash and due from banks (26,150) 34,143
Cash and due from banks at beginning of period 233,612 210,009
Cash and Due From Banks at End of Period 207,462 244,152
Supplemental Disclosures    
Right of use assets obtained in exchange for lease obligations 0 1,270
Cash paid for interest 40,656 18,095
Cash paid for income taxes, net of refunds 140 (7)
Transfers of loans to other real estate owned $ 65 $ 11