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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:      
Net income $ 58,869 $ 66,067 $ 55,517
Purchases of available for sale debt securities (455,368) (702,441) (768,407)
Proceeeds from sales of acquired available for sale debt securities 0 12,427 0
Proceeds from maturities and paydowns of available for sale debt securities 348,736 678,039 901,512
Purchase of Federal Home Loan Bank stock 0 0 (2,724)
Proceeds from redemption of Federal Home Loan Bank stock 0 591 0
Proceeds from redemption of acquired Federal Reserve Bank stock 0 490 0
Proceeds from redemption of interest bearing due from banks 0 1,761 0
Proceeds from the sale of held for investment loans 2,794 0 0
Net change in traditional loans (144,353) (131,734) (137,835)
Purchases of premises and equipment (5,458) (5,098) (7,057)
Proceeds from sale or disposal of premises and equipment 1,240 2,907 230
Proceeds from surrender of acquired bank owned life insurance 0 3,431 0
Proceeds from bank owned life insurance mortality benefit 0 1,878 0
Other investment activities (2,381) (2,766) (1,184)
Proceeds from sales of other real estate owned 258 2,028 3,895
Cash for acquisition, net of cash acquired 0 (24,686) 0
Net cash used in investing activities (804,718) (163,173) (11,570)
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for credit losses on loans 16,918 1,000 2,705
Depreciation, amortization and accretion, net 9,743 4,880 5,782
Deferred income tax benefit (7,508) (5,852) (268)
Gain on other investment activities 0 0 (113)
Gain on sale of mortgage loans held for sale (4,713) (1,907) (1,443)
Origination of mortgage loans held for sale (258,525) (108,020) (71,807)
Proceeds from sale of mortgage loans held for sale 249,439 102,854 74,539
Bank owned life insurance income [1] (693) (1,031) (1,129)
Loss on the disposal of premises and equipment (150) 372 56
Loss (gain) on the sale of other real estate owned 73 7 (102)
Stock compensation expense 3,262 3,578 4,027
Excess tax benefit from share-based compensation arrangements (452) (812) (549)
Net change in accrued interest receivable and other assets (20,880) (2,786) (582)
Net change in accrued interest payable and other liabilities 31,742 85 (744)
Net cash provided by operating activities 77,125 58,436 65,889
Cash flows from financing activities:      
Net change in deposits 854,618 213,913 216,061
Net change in securities sold under agreements to repurchase and federal funds purchased 16,661 (5,125) (185,484)
Proceeds from Federal Home Loan Bank advances 100,000 120,000 120,000
Repayments of Federal Home Loan Bank advances (148,495) (131,726) (121,281)
Repayment of acquired bank holding company line of credit 0 (2,300) 0
Redemption of acquired bank subordinated debentures 0 (3,609) 0
Repurchase of common stock (2,265) (11,817) (2,004)
Share repurchases related to compensation plans (224) (272) (154)
Cash dividends paid (24,481) (23,542) (21,766)
Net cash provided by financing activities 795,814 155,522 5,372
Net change in cash and cash equivalents 68,221 50,785 59,691
Beginning cash and cash equivalents 249,724 198,939 139,248
Ending cash and cash equivalents 317,945 249,724 198,939
Supplemental cash flow information:      
Interest paid 12,199 22,666 14,827
Income tax paid, net of refunds 12,468 13,938 7,227
Cash paid for operating lease liabilities (1) [2] 2,218 2,170 2,099
Supplemental non-cash activity:      
Unfunded commitments in tax credit investments 8,958 4,012 4,105
Initial recognition of right-of-use lease assets 0 16,747 0
Initial recognition operating lease liabilities 0 18,067 0
Loans purchased and not settled 5,000 0 4,992
Loans transferred to OREO 119 1,160 2,170
Fair value of assets acquired 0 204,613 0
Cash paid in acquisition 0 28,000 0
Liabilities assumed 0 176,613 0
Small Business Administration (SBA), CARES Act, Paycheck Protection Program [Member]      
Cash flows from operating activities:      
Net change in PPP loans $ (550,186) $ 0 $ 0
[1] Outside of the scope of ASC 606
[2] Cash paid for operating lease liabilities in 2018 was determined pre-adoption of ASU 2016-02 in 2019.