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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Operating activities    
Net income $ 39,846 $ 10,368
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for loan losses (2,796) 29,640
Depreciation and amortization of premises and equipment 2,441 2,478
Net amortization on securities 1,477 722
Amortization of intangible assets 812 834
Amortization of operating lease right-of-use assets 1,821 1,829
Excess tax benefit on stock-based compensation (107) (189)
Stock-based compensation expense 2,668 2,675
Bank owned life insurance income (1,381) (1,374)
Amortization of subordinated debt issuance costs 110 0
Proceeds from sale of loans held for sale 13,877 50,946
Originations of loans held for sale (13,943) (46,956)
Net gain on sale of loans held for sale (110) (242)
Net security (gains) losses (467) 812
Net losses on sale of other real estate owned 0 11
Net change in other assets and other liabilities (1,946) (10,627)
Net cash provided by operating activities 42,302 40,927
Securities available for sale:    
Proceeds from maturities, calls and principal paydowns 95,274 83,394
Purchases (158,196) (88,209)
Securities held to maturity:    
Proceeds from maturities, calls and principal paydowns 66,282 39,843
Purchases (42,760) (31,163)
Other:    
Net increase in loans (136,778) (116,434)
Proceeds from Federal Home Loan Bank stock redemption 2,252 35,664
Purchases of Federal Reserve Bank and Federal Home Loan Bank stock (26) (32,062)
Proceeds from settlement of bank owned life insurance 357 0
Purchases of premises and equipment, net (901) (3,348)
Proceeds from sales of other real estate owned 140 80
Net cash used in investing activities (174,356) (112,235)
Financing activities    
Net increase in deposits 734,238 276,818
Net decrease in short-term borrowings (73,048) (106,371)
Repayments of long-term debt (25,027) (28)
Proceeds from the issuance of shares to employee and other stock plans 112 184
Cash paid by employer for tax-withholding on stock issuance (1,125) (1,166)
Purchase of treasury stock (9,020) (7,980)
Cash dividends (11,732) (23,632)
Net cash provided by financing activities 614,398 137,825
Net increase in cash and cash equivalents 482,344 66,517
Cash and cash equivalents at beginning of period 672,681 216,843
Cash and cash equivalents at end of period 1,155,025 283,360
Cash paid during the period for:    
Interest expense 7,105 12,530
Income taxes paid, net of refund 2,540 1,960
Noncash investing activities:    
Loans transferred to other real estate owned $ 0 $ 1,017