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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash Flows from Operating Activities:      
Net income $ 57,518,000 $ 70,672,000 $ 63,401,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Net (accretion) amortization of premiums, discounts and deferred loan fees and costs (728,000) 3,660,000 4,153,000
Depreciation and amortization 3,858,000 1,645,000 5,555,000
Amortization of intangible assets 1,025,000 1,182,000 594,000
Amortization of operating lease right-of-use assets 2,668,000 2,592,000  
Provision for loan losses 27,222,000 2,130,000 4,413,000
Stock based compensation 2,659,000 2,545,000 2,425,000
Loans originated for sale (113,203,000) (57,605,000) (49,748,000)
Proceeds from sales of loans held for sale 116,933,000 59,748,000 50,420,000
Gains on sales of securities (1,213,000) 0 0
Gains on sales of loans held for sale (3,322,000) (1,660,000) (1,329,000)
Gains on proceeds from bank owned life insurance policies 0 0 (421,000)
Change in market value of equity securities 552,000 (496,000) 583,000
(Gains) losses on other real estate and other repossessed assets (88,000) 72,000 (338,000)
Loss on sale of premises and equipment 77,000 497,000 561,000
Long-term debt prepayment penalty 4,133,000 0 0
Deferred tax (benefit) expense (6,763,000) 2,854,000 (13,571,000)
Excess tax (deficiencies) benefits (132,000) 189,000 318,000
(Increase) decrease in other assets (56,639,000) (15,986,000) 2,679,000
Increase in other liabilities 50,434,000 15,092,000 9,743,000
Net Cash Provided by Operating Activities 84,991,000 87,131,000 79,438,000
Cash Flows from Investing Activities:      
Net cash acquired in acquisitions 0 13,454,000 0
Proceeds from repayments and maturities of available for sale securities 700,409,000 147,130,000 91,833,000
Proceeds from repayments and maturities of held to maturity securities 38,941,000 31,457,000 26,083,000
Proceeds from sales of equity securities 4,148,000 1,287,000 2,155,000
Proceeds from sales of available for sale securities 130,912,000 0 0
Purchase of available for sale securities (921,343,000) (211,503,000) (110,370,000)
Purchase of held to maturity securities (6,377,000) (21,453,000) (40,753,000)
Purchase of equity securities (2,772,000) (1,343,000) (570,000)
Proceeds from redemptions of Federal Home Loan Bank stock 106,808,000 95,643,000 6,799,000
Purchases of Federal Home Loan Bank stock (96,282,000) (103,080,000) (7,524,000)
Death benefit proceeds from bank owned life insurance policy 0 121,000 755,000
Net increase in loans (876,021,000) (252,441,000) (310,256,000)
Proceeds from dispositions and sales of bank premises and equipment 50,000 1,827,000 697,000
Purchases of premises and equipment (7,539,000) (5,936,000) (5,523,000)
Proceeds from sales of other real estate and other repossessed assets 1,044,000 860,000 4,116,000
Net Cash Used in Investing Activities: (928,022,000) (303,977,000) (342,558,000)
Cash Flows from Financing Activities:      
Net increase in deposits 1,162,206,000 264,279,000 252,329,000
(Decrease) increase in federal funds purchased and securities sold under agreements to repurchase (159,098,000) 94,753,000 108,969,000
Proceeds from other borrowings 25,000,000 46,260,000 60,003,000
Repayments of other borrowings (169,948,000) (89,353,000) (70,752,000)
Purchase of treasury stock (1,452,000) 0 0
Exercise of stock options 0 313,000 307,000
Retirement of restricted stock (501,000) (715,000) (763,000)
Dividends paid (25,457,000) (24,919,000) (21,307,000)
Net Cash Provided by Financing Activities: 830,750,000 290,618,000 328,786,000
Net (decrease) increase in cash and cash equivalents (12,281,000) 73,772,000 65,666,000
Cash and cash equivalents, beginning of year 282,371,000 208,599,000 142,933,000
Cash and Cash Equivalents, End of Year 270,090,000 282,371,000 208,599,000
Supplemental schedule of non-cash investing and financing activities:      
Cash paid during the period for income taxes 22,486,000 15,944,000 18,614,000
Cash paid during the period for interest 42,600,000 59,949,000 38,679,000
Transfer of loans into other real estate owned 393,000 665,000 3,765,000
Initial recognition of operating lease right-of-use assets   18,651,000  
Initial recognition of operating lease liabilities   20,203,000  
Right-of-use asset obtained in exchange for new operating lease liabilities 1,159,000 1,748,000  
Non-cash assets acquired:      
Federal Home Loan Bank stock 0 1,767,000 0
Investment securities 0 22,734,000 0
Loans, including loans held for sale 0 426,118,000 0
Goodwill and other intangible assets, net 0 23,125,000 0
Other assets 0 9,304,000 0
Total non-cash assets acquired 0 483,048,000 0
Liabilities assumed:      
Deposits 0 409,638,000 0
Other borrowings 0 40,957,000 0
Other liabilities 0 2,490,000 0
Total liabilities assumed 0 453,085,000 0
Common stock issued for acquisitions $ 0 $ 43,417,000 $ 0