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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net income $ 80,731 $ 99,420
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for (reversal of) credit losses 8,900 (31,542)
Reversal of loan repurchase reserves (819) (987)
Depreciation on premises and equipment 11,386 11,883
Amortization of other intangibles 1,384 1,150
Amortization of debt issuance costs 1,354 1,322
Net amortization of premium on securities 166 834
Net (accretion) amortization of deferred loan costs (fees) and purchased premiums (discounts) 548 520
Deferred income tax expense (2,075) (1,547)
Bank owned life insurance income (2,817) (2,479)
Share-based compensation expense 4,762 4,482
Change in fair value of derivative instruments (46,172) (224)
Loss on investments in alternative energy partnerships and affordable housing investments 5,998 5,432
Net gain on sale of securities available-for-sale 0 (16)
Gain on sale-leaseback of branch 0 (771)
Repurchase of mortgage loans (609) (1,592)
Change in accrued interest receivable and other assets 6,223 29,662
Change in accrued interest payable and other liabilities 25,067 (5,040)
Net cash provided by operating activities 94,027 110,507
Cash flows from investing activities:    
Proceeds from sales of securities available-for-sale 0 17,645
Proceeds from maturities and calls of securities available-for-sale 20,000 38,500
Purchases of securities available-for-sale (101,740) (27,500)
Proceeds from principal repayments of securities held-to-maturity and available-for-sale 24,244 32,119
Net cash used in acquisitions 0 (10,332)
Loan originations and principal collections, net 193,104 808,144
Purchases of loans (61,430) (814,302)
Redemption of FHLB stock 30,543 0
Purchases of FHLB and other bank stock (33,787) (9,796)
Purchase of derivative instruments (15,739) 0
Purchase of mortgage servicing rights 0 (20,441)
Purchases of premises and equipment (7,881) (2,556)
Proceeds from sale-leaseback of branch 0 2,400
Funding of equity investments (4,712) (4,878)
Decrease in investments in alternative energy partnerships 1,059 1,782
Net cash provided by investing activities 43,661 10,785
Cash flows from financing activities:    
Net decrease in deposits (480,193) (159,050)
Net increase in short-term FHLB advances and FRB borrowings 179,964 50,000
Proceeds from FHLB long-term advances and FRB borrowings 100,000 200,000
Net increase (decrease) in other borrowings 185,802 (15,000)
Redemption of preferred stock 0 (98,703)
Redemption of long term debt (920) 0
Purchase of treasury stock (21,362) (56,151)
Proceeds from exercise of stock options 20 0
Purchase of stock surrendered to pay tax liability (1,692) (1,743)
Dividends paid on preferred stock 0 (1,727)
Dividends paid on common stock (17,218) (10,983)
Net cash used in financing activities (55,599) (93,357)
Net change in cash and cash equivalents 82,089 27,935
Cash and cash equivalents at beginning of period 228,896 228,123
Cash and cash equivalents at end of period 310,985 256,058
Supplemental cash flow information    
Interest paid on deposits and borrowed funds 111,852 28,904
Income taxes paid 323 14,792
Supplemental disclosure of non-cash activities    
Transfer from loans to other real estate owned, net 882 0
Reclassification of securities available-for-sale to held-to-maturity 0 329,416
Operating lease right-of-use assets received in exchange for lease liabilities 1,633 1,253
Commitments to fund low income housing tax credit investments 0 12,000
Goodwill adjustments for purchase accounting $ 0 $ 1,821