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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities:    
Net income $ 12,600 $ 12,179
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 4,000 1,200
Net gain on sale of bank-owned property 0 (6,994)
Depreciation of premises and equipment 807 894
Net amortization of premiums and discounts on securities and loans 37 94
Amortization of intangibles 155 204
Amortization of terminated cash flow hedge loss 2,116 2,116
Pension plan settlement charge 0 6,436
Share-based compensation 651 780
Tax benefit (expense) from stock option exercises and other equity awards (10) (21)
Income from bank-owned life insurance [1] (885) (769)
Net gains on loan sales, including changes in fair value (2,534) (1,709)
Proceeds from sales of loans, net 117,481 74,377
Loans originated for sale (111,945) (72,919)
(Increase) decrease in operating lease right-of-use assets 862 898
Increase (decrease) in operating lease liabilities (815) (866)
(Increase) decrease in other assets 4,147 6,066
Increase (decrease) in other liabilities (10,532) (13,516)
Net cash provided by (used in) operating activities 16,135 8,450
Cash flows from investing activities:    
Maturities, calls and principal payments of mortgage-backed securities available for sale 24,377 15,400
Maturities, calls and principal payments of other debt securities available for sale 2,000 0
Net redemption (purchases) of Federal Home Loan Bank stock 1,200 10,918
Net (increase) decrease in loans 120,889 38,469
Net proceeds from sale of portfolio loans 0 283,182
Purchases of loans (501) (453)
Purchases of premises and equipment (1,306) (88)
Net proceeds from the sale of bank-owned property 0 11,780
Equity investments in real estate limited partnership (67) 0
Purchases of other equity investments, net (125) (250)
Net cash provided by (used in) investing activities 146,467 358,958
Cash flows from financing activities:    
Net increase (decrease) in deposits (105,357) (75,219)
Proceeds from Federal Home Loan Bank advances 635,000 270,000
Repayments of Federal Home Loan Bank advances (685,000) (545,000)
Net proceeds from stock option exercises and issuance of other equity awards, net of awards surrendered (103) (39)
Cash dividends paid (10,692) (10,800)
Net cash provided by (used in) financing activities (166,152) (361,058)
Net increase (decrease) in cash and cash equivalents (3,550) 6,350
Cash and cash equivalents at beginning of period 103,734 113,889
Cash and cash equivalents at end of period 100,184 120,239
Noncash Activities:    
Loans charged off 84 2,522
Commitment for equity investment in real estate limited partnerships 14,525 0
Supplemental Disclosures:    
Interest payments 35,329 49,732
Income taxes paid $ 3,395 $ 23
[1] As reported in the Unaudited Consolidated Statements of Income.