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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:      
Net income $ 107,748,000 $ 93,294,000 $ 74,645,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for credit losses 13,796,000 10,257,000 (753,000)
Depreciation, amortization and accretion, net 21,939,000 20,658,000 11,329,000
Deferred income tax expense (benefit) (435,000) 1,823,000 5,494,000
Gain on sale of mortgage loans held for sale (1,690,000) (521,000) (3,602,000)
Origination of mortgage loans held for sale (105,912,000) (135,045,000) (157,304,000)
Proceeds from sale of mortgage loans held for sale 104,152,000 145,133,000 177,910,000
Bank owned life insurance income [1] (2,253,000) (1,597,000) (914,000)
(Gain)/loss on the disposal of premises and equipment [1] 30,000 (4,341,000) 78,000
Loss on sale of available for sale debt securities 44,000 [1] 0 0
(Gain)/loss on the sale of other real estate owned 43,000 (46,000) (163,000)
Loss on disposition of LFA 0 870,000 0
Stock compensation expense 4,464,000 4,394,000 4,565,000
Excess tax benefit from share-based compensation arrangements (644,000) (1,713,000) (1,482,000)
Net change in accrued interest receivable and other assets (3,941,000) (14,165,000) 4,007,000
Net change in accrued interest payable and other liabilities (30,638,000) (10,259,000) (11,710,000)
Net cash provided by operating activities 106,703,000 108,742,000 102,100,000
Cash flows from investing activities:      
Purchases of available for sale debt securities (6,025,000) (196,488,000) (504,777,000)
Proceeeds from sales of available for sale debt securities 2,412,000 0 0
Proceeeds from sales of acquired available for sale debt securities 0 2,111,000 91,214,000
Proceeds from maturities and paydowns of available for sale debt securities 144,449,000 169,499,000 210,052,000
Purchases of held to maturity debt securities 0 (459,183,000) 0
Proceeds from maturities and paydowns of held to maturity debt securities 33,632,000 145,902,000 0
Purchase of bank owned life insurance 0 (30,000,000) 0
Purchases of FHLB stock (28,800,000) 0 0
Proceeds from redemption of FHLB stock 23,492,000 2,883,000 8,980,000
Proceeds from the disposition of LFA 0 4,993,000 0
Net change in non-PPP loans (587,873,000) (423,622,000) (342,468,000)
Purchase of loans from broker 0 (82,074,000) 0
Purchases of premises and equipment (7,731,000) (18,441,000) (4,581,000)
Proceeds from sale or disposal of premises and equipment 1,732,000 24,732,000 0
Other investment activities (14,235,000) (3,502,000) (5,181,000)
Proceeds from sales of other real estate owned 624,000 7,168,000 919,000
Cash for acquisition, net of cash acquired 0 349,456,000 24,981,000
Net cash used in investing activities (424,049,000) (384,425,000) (78,874,000)
Cash flows from financing activities:      
Net change in deposits 279,496,000 (515,669,000) 759,752,000
Net change in securities sold under agreements to repurchase and federal funds purchased 23,712,000 (9,929,000) 15,037,000
Proceeds from FHLB advances 950,000,000 50,000,000 30,000,000
Repayments of FHLB advances (800,000,000) 0 (152,744,000)
Repayment of acquired line of credit 0 (3,200,000) 0
Repurchase of common stock (2,695,000) (4,806,000) (3,826,000)
Cash disbursements to non-controlling interest 0 (322,000) 0
Disposition of LFA 0 (915,000) 0
Cash dividends paid (34,575,000) (33,301,000) (28,198,000)
Net cash provided by (used in) financing activities 415,938,000 (518,142,000) 620,021,000
Net change in cash and cash equivalents 98,592,000 (793,825,000) 643,247,000
Beginning cash and cash equivalents 167,367,000 961,192,000 317,945,000
Ending cash and cash equivalents 265,959,000 167,367,000 961,192,000
Supplemental cash flow information:      
Interest paid 97,930,000 17,909,000 6,093,000
Income tax paid, net of refunds 35,330,000 20,892,000 14,259,000
Cash paid for operating lease liabilities 4,063,000 3,833,000 2,568,000
Supplemental non-cash activity:      
Unfunded commitments in tax credit investments 165,435,000 6,517,000 5,217,000
Due to broker 0 22,245,000 20,998,000
Dividends payable to stockholders 239,000 230,000 220,000
Loans transferred to OREO 0 587,000 7,136,000
Premises and equipment transferred to premises held for sale 871,000 21,662,000 0
Fair value of assets acquired 0 1,403,509,000 1,389,327,000
Cash paid in acquisition 0 30,994,000 28,276,000
Common stock issued in acquisition 0 133,825,000 204,670,000
Non-controlling interest of acquired entity 0 3,094,000 0
Total consideration paid 0 167,913,000 232,946,000
Liabilities assumed 0 1,235,596,000 1,156,381,000
Small Business Administration (SBA), CARES Act, Paycheck Protection Program [Member]      
Cash flows from investing activities:      
Net change in PPP loans $ 14,274,000 $ 122,141,000 $ 441,987,000
[1] Outside of the scope of ASC 606.