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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ (4,465) $ (7,497)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Provision for credit losses 1,000 0
Depreciation and amortization, premises and equipment 1,507 1,661
Amortization of premiums and discounts: investment securities, deposits, debt 581 499
Operating leases: excess of payments over amortization (720) (772)
Amortization of finance leases 24 50
Amortization of core deposit intangibles 479 625
Amortization of deferred loan fees and costs (731) (29)
Share-based compensation expense 592 1,059
Deferred income tax (benefit) expense (307) (1,189)
Origination of LHFS (150,046) (79,806)
Proceeds from sale of LHFS 137,125 79,033
Net fair value adjustment and gain on sale of LHFS (1,022) (419)
Origination of MSRs (1,158) (895)
Change in fair value of MSRs 1,311 810
Amortization of servicing rights 1,354 1,402
Net decrease (increase) in trading securities (11,562) (3,048)
Decrease (increase) in other assets 7,161 (8,813)
Increase (decrease) in accounts payable and other liabilities (3,625) 9,484
Net cash used in operating activities (22,502) (7,845)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Principal payments on investment securities 21,138 83,153
Net (increase) decrease in LHFI 168,855 (22,624)
Purchases of premises and equipment (53) (6,058)
Proceeds from sale of Federal Home Loan Bank stock 12,906 30,287
Purchases of Federal Home Loan Bank stock (12,150) (48,716)
Net cash provided by investing activities 190,696 36,042
CASH FLOWS FROM FINANCING ACTIVITIES:    
Decrease in deposits, net (322,610) (272,487)
Changes in short-term borrowings, net 0 184,000
Proceeds from other long-term borrowings 0 585,000
Repayment of other long-term borrowings 0 (420,000)
Repayment of finance lease principal (22) (47)
Net cash provided by (used in) financing activities (322,632) 76,466
Net increase (decrease) in cash and cash equivalents (154,438) 104,663
Cash and cash equivalents, beginning of year 406,600 215,664
Cash and cash equivalents, end of period 252,162 320,327
Cash paid (refunds received) during the period for:    
Interest 54,041 70,701
Federal and state income taxes (4,556) (414)
Non-cash activities:    
Increase in lease assets and lease liabilities 2,305 959
Loans transferred from LHFI to LHFS, net 479 273
Ginnie Mae loans recognized with the right to repurchase, net 1,675 323
Repurchase of common stock-award shares $ 359 $ 134