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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash Flows from Operating Activities:      
Net income $ 107,369,000 $ 95,041,000 $ 57,518,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Net amortization (accretion) of premiums, discounts and deferred loan fees and costs 5,918,000 (3,981,000) (728,000)
Depreciation and amortization 5,138,000 5,126,000 3,858,000
Amortization of intangible assets 2,351,000 868,000 1,025,000
Amortization of operating lease right-of-use assets 9,319,000 2,267,000 2,668,000
Provision (benefit) for credit losses 8,514,000 (10,896,000) 27,222,000
Stock-based compensation 5,777,000 4,073,000 2,659,000
Loans originated for sale (57,467,000) (56,956,000) (113,203,000)
Proceeds from sales of loans held for sale 66,259,000 58,612,000 116,933,000
Gains on investment securities transactions, net 0 (9,000) (1,213,000)
Gains on sales of loans held for sale (2,765,000) (2,264,000) (3,322,000)
Income on bank owned life insurance (3,124,000) (2,550,000) (2,657,000)
Gain on death benefits from bank owned life insurance (855,000) (126,000) 0
Change in fair value of equity securities 1,302,000 285,000 552,000
Gains on other real estate and other repossessed assets (23,000) (32,000) (88,000)
Loss on sale of premises and equipment 872,000 281,000 77,000
Impairment of property held for sale 345,000 0 0
Long-term debt prepayment penalty 0 0 4,133,000
Long-term debt extinguishment costs 0 831,000 0
Deferred tax expense (benefit) 2,747,000 5,422,000 (6,763,000)
Excess tax benefits (deficiencies) 69,000 (89,000) (132,000)
(Increase) decrease in other assets (68,863,000) 36,589,000 (53,982,000)
Increase (decrease) in other liabilities 41,813,000 (37,389,000) 50,434,000
Net Cash Provided by Operating Activities 124,696,000 95,103,000 84,991,000
Cash Flows from Investing Activities:      
Net cash acquired in acquisitions 326,236,000 0 0
Proceeds from repayments and maturities of available for sale securities 135,960,000 181,706,000 700,409,000
Proceeds from repayments and maturities of held to maturity securities 137,241,000 66,709,000 38,941,000
Proceeds from sales of equity securities 0 0 4,148,000
Proceeds from sales of available for sale securities 0 4,402,000 130,912,000
Purchase of available for sale securities (312,904,000) (611,589,000) (921,343,000)
Purchase of held to maturity securities (117,233,000) (310,128,000) (6,377,000)
Purchase of equity securities (1,217,000) (2,959,000) (2,772,000)
Proceeds from redemptions of Federal Home Loan Bank stock 78,451,000 13,817,000 106,808,000
Purchases of Federal Home Loan Bank stock (110,638,000) (10,887,000) (96,282,000)
Death benefit proceeds from bank owned life insurance 2,005,000 470,000 0
Net (increase) decrease in loans (783,353,000) 35,945,000 (876,021,000)
Proceeds from sales of loans previously held for investment 0 21,765,000 0
Proceeds from dispositions and sales of bank premises and equipment 0 278,000 50,000
Purchases of premises and equipment (6,432,000) (4,851,000) (7,539,000)
Proceeds from sales of other real estate and other repossessed assets 23,000 32,000 1,044,000
Net Cash Used in Investing Activities: (651,861,000) (615,290,000) (928,022,000)
Cash Flows from Financing Activities:      
Net (decrease) increase in deposits (48,469,000) 510,077,000 1,162,206,000
Increase (decrease) in federal funds purchased and securities sold under agreements to repurchase 622,344,000 (63,107,000) (159,098,000)
Proceeds from other borrowings 0 0 25,000,000
Repayments of other borrowings 0 0 (169,948,000)
Purchase of treasury stock 0 0 (1,452,000)
Proceeds from issuance of subordinated debt, net 0 147,738,000 0
Redemption of subordinated debentures, net 0 (88,330,000) 0
Exercise of stock options 0 19,000 0
Retirement of restricted stock (1,956,000) (651,000) (501,000)
Dividends paid (37,334,000) (27,119,000) (25,457,000)
Net Cash Provided by Financing Activities: 534,585,000 478,627,000 830,750,000
Net increase (decrease) in cash and cash equivalents 7,420,000 (41,560,000) (12,281,000)
Cash and cash equivalents, beginning of year 228,530,000 270,090,000 282,371,000
Cash and cash equivalents, end of year 235,950,000 228,530,000 270,090,000
Supplemental schedule of non-cash investing and financing activities:      
Cash paid during the period for income taxes 37,227,000 29,111,000 22,486,000
Cash paid during the period for interest 52,110,000 23,372,000 42,600,000
Transfer of debt securities to held to maturity at fair value 0 494,164,000 0
Transfer of loans to loans held for sale 0 21,689,000 0
Transfer of loans into other real estate owned 0 0 393,000
Right-of-use asset obtained in exchange for new operating lease liabilities 1,158,000 717,000 1,159,000
Non-cash assets acquired:      
Federal Home Loan Bank stock 1,247,000 0 0
Investment securities available for sale 217,774,000 0 0
Investment securities held to maturity 124,485,000 0 0
Loans held for sale 4,620,000 0 0
Loans 1,095,266,000 0 0
Fixed assets 13,748,000 0 0
Operating lease right-of-use assets, net 12,991,000 0 0
Goodwill and other intangible assets, net 124,570,000 0 0
Bank owned life insurance 37,580,000 0 0
Other assets 8,820,000 0 0
Total non-cash assets acquired 1,641,101,000 0 0
Liabilities assumed:      
Deposits 1,650,613,000 0 0
Subordinated debt 14,734,000 0 0
Operating lease liabilities 12,991,000 0 0
Other liabilities 3,257,000 0 0
Total liabilities assumed 1,681,595,000 0 0
Common stock issued for acquisitions $ 285,742,000 $ 0 $ 0