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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating Activities      
Net income $ 52,681 $ 44,675 $ 29,540
Adjustments to reconcile net income to net cash provided (used) by operating activities      
Deferred income taxes 2,786 (4,434) 337
Provision for loan losses (3,500) 10,900 7,312
Depreciation and amortization 8,868 8,950 8,768
Amortization and accretion of premiums/discounts on investment securities 3,744 1,760 1,127
Amortization of operating lease right-of-use assets (58) (25)  
Stock-based compensation 3,095 1,927 1,750
Increase in value of bank-owned life insurance (793) (797) (803)
Realized loss (gain) on sale of branch     (1,544)
Realized loss (gain) on sale of fixed assets (62) 707 (541)
Realized loss (gain) on derivative instruments 8,459 1,927 (2,051)
Realized loss (gain) on loans sold (48,038) (57,070) (18,942)
Realized loss (gain) on sale of foreclosed assets (275) (28) (122)
Realized loss (gain) on sale of investment securities (125) (2,737) (357)
Realized loss (gain) on servicing rights (638) 936 (209)
Net change in:      
Securities held for trading     1,539
Loans held for sale 123,945 (18,621) (13,146)
Accrued interest receivable 1,125 (2,111) 12
Other assets (7,963) (2,694) 4,399
Accrued expenses and other liabilities 5,865 (5,527) 2,179
Net cash provided (used) by operating activities 149,116 (22,262) 19,248
Investing Activities      
Proceeds from sales or calls of investment securities available-for-sale 13,189 75,647 32,565
Proceeds from maturities of investment securities available-for-sale 125,581 69,680 37,109
Purchases of investment securities available-for-sale (571,595) (414,724) (123,226)
Proceeds from sales or calls of investment securities held-to-maturity 1,772    
Proceeds from maturities of investment securities held-to-maturity 12,545    
Purchases of investment securities held-to-maturity (218,363)    
Net (increase) decrease in equity securities   2,808 357
Net (increase) decrease in loans 221,006 (259,130) (21,898)
Net cash paid for business combinations   (9,279)  
Proceeds from sale of branch     10,379
Proceeds from sale of fixed assets     875
Purchases of premises and equipment (1,706) (3,811) (2,901)
Proceeds from sales of foreclosed assets 629 429 1,146
Net cash provided (used) by investing activities (416,942) (538,380) (65,594)
Financing Activities      
Net increase (decrease) in deposits 348,558 600,677 191,444
Net increase (decrease) in short-term borrowings     (93,460)
Repayments of long-term debt (49,920) (210) (230)
Proceeds from the issuance of subordinated debt 50,000    
Cash dividends paid on common stock (10,751) (10,387) (8,909)
Repurchase of common stock (712) (482) (1,948)
Proceeds from the issuance of common stock in initial public offering net of issuance costs     62,804
Net cash provided (used) by financing activities 337,175 589,598 149,701
Net change in cash and cash equivalents 69,349 28,956 103,355
Cash and cash equivalents at beginning of period 172,962 144,006 40,651
Cash and cash equivalents at end of period 242,311 172,962 144,006
Cash paid for:      
Interest 4,538 12,641 18,431
Income taxes 13,124 13,582 7,219
Cash and cash equivalents acquired   513  
Non-cash information      
Loan collateral transferred to foreclosed assets 1,176 456 828
Unrealized gain (loss) on investment securities available-for-sale (14,567) 8,702 5,537
Accretion of unrealized (gain) loss on investment securities held-to-maturity (326)    
Investment securities transferred to held-to-maturity 149,191    
Initial recognition of operating lease right-of-use assets     10,485
Initial recognition of operating lease liabilities     11,006
Right-of-use assets obtained in exchange for new operating leases $ 267 1,555  
ESOP repurchase obligation termination     $ 34,494
Noncash assets acquired   14,627  
Liabilities assumed   (5,348)  
Net noncash acquired   $ 9,279