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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 12 Months Ended
Jan. 01, 2019
Mar. 31, 2020
Mar. 31, 2019
Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:        
Net Income   $ 26,751,000 $ 35,225,000  
Adjustments to reconcile net income to net cash provided by (used in) operating activities        
Depreciation and amortization   6,992,000 4,101,000  
Change In Unamortized Net Loan Costs And Premiums   (735,000) (453,000)  
Provision for credit losses   25,000,000 1,000,000  
Deferred income tax expense   3,108,000 539,000  
Net unrealized (gain) loss on equity securities   1,801,000 (907,000)  
Net loss on bank premises and equipment   420,000 25,000  
Realized gain on sale leaseback transaction   (145,000) (145,000)  
Stock based compensation   850,000 915,000  
Increase in cash surrender value of life insurance policies   (1,276,000) (972,000)  
Gain Realized on Life Insurance Policies   (357,000) 0  
Operating Lease, Payments   (2,926,000) (2,165,000)  
Change in Fair Value on Loans Held for Sale   914,000 (1,000) $ (1,000)
Net change in:        
Trading assets   (68,000) (333,000)  
Loans held for sale   (11,363,000) 846,000  
Other assets   (151,830,000) 1,721,000  
Increase (Decrease) in Other Operating Liabilities   92,461,000 (5,228,000)  
Total adjustments   (37,154,000) (1,057,000)  
Net cash provided by (used in) operating activities   (10,403,000) 34,168,000  
Cash flows provided by (used in) investing activities        
Increase (Decrease) in Equity Securities, FV-NI   (108,000) (105,000)  
Proceeds from maturities and principal repayments of securities available for sale   31,280,000 11,318,000  
Payments to Acquire Debt Securities, Available-for-sale   (30,095,000)    
Proceeds from maturities and principal repayments of securities held to maturity   48,183,000 19,003,000  
Purchases of securities held to maturity   (84,824,000) (30,502,000)  
Net redemption (purchases) of Federal Home Loan Bank stock   (8,850,000) 8,016,000  
Investments in low income housing projects   (5,934,000) (292,000)  
Purchases of life insurance policies   (93,000) (93,000)  
Proceeds from Life Insurance Policy   1,326,000 0  
Net increase in loans   (41,283,000) (70,378,000)  
Purchases of bank premises and equipment   (1,749,000) (3,713,000)  
Proceeds from the sale of bank premises and equipment   9,000 13,000  
Net cash used in investing activities   (92,138,000) (66,733,000)  
Cash flows provided by (used in) financing activities        
Net increase (decrease) in time deposits   (125,396,000) 12,464,000  
Net increase in other deposits   394,438,000 24,034,000  
Increase (Decrease) in Federal Funds Purchased and Securities Sold under Agreements to Repurchase, Net   257,826,000 (122,046,000)  
Increase Decrease in Federal Home Loan Bank Advances Long Term   (15,000,000) 0  
Proceeds from Lines of Credit   0 49,993,000  
Proceeds from long-term debt, net of issuance costs   0 74,914,000  
RepaymentsOfJuniorSubordinatedDebt   0 (3,093,000)  
Proceeds from Issuance of Subordinated Long-term Debt   0 49,556,000  
Net proceeds from exercise of stock options   0 (165,000)  
Restricted stock awards issued, net of awards surrendered   (1,132,000) (1,419,000)  
Proceeds from shares issued under direct stock purchase plan   560,000 487,000  
Payments for shares repurchased under share repurchase program   (73,226,000) 0  
Common dividends paid   (15,126,000) (10,671,000)  
Net cash provided by financing activities   422,944,000 74,384,000  
Net increase in cash and cash equivalents   320,403,000 41,819,000  
Cash and cash equivalents at beginning of year $ 250,455,000 150,974,000 250,455,000  
Cash and cash equivalents at end of period   471,377,000 292,274,000 250,455,000
Supplemental schedule of noncash activities        
Net increase in capital commitments relating to low income housing project investments   14,394,000 0  
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability 32,800,000 [1] $ 2,223,000 $ 2,926,000  
Operating Lease, Liability $ 34,100,000      
Deferred Rent Credit       $ 1,300,000
[1]
Represents adjustment needed to reflect the opening balance of the Company's Right of Use ("ROU") assets and lease liabilities pursuant to the adoption of Accounting Standards Update 2016-02 effective January 1, 2019. Upon adoption, the Company recognized on its balance sheet ROU assets of approximately $32.8 million, with a corresponding operating lease liability of approximately $34.1 million, with an adjustment to remove the Company's existing deferred rent liability of approximately $1.3 million.