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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Statement of Cash Flows [Abstract]    
Net Cash Provided by Operating Activities $ 118,585 $ 140,874
INVESTING ACTIVITIES    
Purchases of securities (222,419) (65,148)
Proceeds from maturities, prepayments and calls of securities 113,942 95,967
Proceeds from sales of securities 92,873 0
Redemption (purchases) of Federal Home Loan Bank stock 13,598 (15,541)
Net increase in loans (52,544) (348,844)
Proceeds from sale of portfolio loans 8,923 8,333
Proceeds from sale of other real estate owned 173 30
Purchases of premises and equipment (2,134) (4,921)
Proceeds from the sale of premises and equipment 56 698
Proceeds from life insurance settlement 784 597
Net payments from cash flow hedge (6,369) (8,804)
Net Cash Used in Investing Activities (53,117) (337,633)
FINANCING ACTIVITIES    
Net decrease in demand, money market and savings deposits (55,608) (550,359)
Net increase in certificates of deposit 188,690 553,333
Net (decrease) increase in short-term borrowings (190,000) 260,000
Proceeds from long-term borrowings 25,000 25,000
Repayments on long-term borrowings (262) (5,346)
Repurchase of shares for taxes on restricted stock (849) (521)
Cash dividends paid to common shareholders (37,961) (37,096)
Repurchase of common stock 0 (19,808)
Net Cash (Used in) Provided by Financing Activities (70,990) 225,203
Net (decrease) increase in cash and due from banks (5,522) 28,444
Cash and due from banks at beginning of period 233,612 210,009
Cash and Due From Banks at End of Period 228,090 238,453
Supplemental Disclosures    
Right of use assets obtained in exchange for lease obligations 0 1,846
Cash paid for interest 125,434 74,939
Cash paid for income taxes, net of refunds 20,141 27,727
Transfers of loans to other real estate owned $ 114 $ 88