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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities:    
Net income $ 49,961 $ 40,401
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation 1,327 1,253
Provision for credit losses 5,184 5,756
Deferred income taxes (4,497) 1,234
Net amortization of discount/premiums on debt securities 1,027 1,027
Net amortization on loans 438 822
Amortization of intangible assets 855 1,047
Amortization of servicing assets 206 316
Mortgage loans originated-for-sale (5,578) (7,035)
Proceeds from mortgage loans sold 5,716 6,818
Sale of investment securities (106) 0
Sale of SBA loans (1,895) (1,394)
Sale of other real estate (23) 2
Sale of state tax credits (110) (363)
Stock-based compensation 3,128 2,375
Net change in other assets and liabilities (15,611) (22,370)
Net cash provided by operating activities 40,022 29,889
Cash flows from investing activities:    
Net increase in loans (110,814) (177,362)
Sale of debt securities, available-for-sale 9,631 0
Paydown or maturity of debt securities, available-for-sale 103,620 70,141
Paydown or maturity of debt securities, held-to-maturity 1,794 1,483
Redemption of other investments 4,895 26,409
Sale of SBA loans 33,933 24,650
Sale of state tax credits held for sale 615 2,031
Sale of other real estate 700 207
Payments for the purchase of:    
Available-for-sale debt securities (224,098) (78,702)
Held-to-maturity debt securities (90,817) (10,265)
Other investments (15,691) (35,870)
Bank owned life insurance (75,000) 0
State tax credits held for sale (110) (270)
Fixed assets (4,401) (2,954)
Net cash used in investing activities (365,743) (180,502)
Cash flows from financing activities:    
Net decrease in noninterest-bearing deposit accounts (199,011) (153,409)
Net increase in interest-bearing deposit accounts 86,749 230,739
Net increase in short term FHLB advances, net 205,000 125,000
Repayments of notes payable 0 (11,429)
Net decrease in other borrowings (25,186) (91,154)
Repurchase of common stock (10,616) 0
Cash dividends paid on common stock (10,717) (9,378)
Cash dividends paid on preferred stock (938) (938)
Other (2,060) (2,427)
Net cash provided by financing activities 43,221 87,004
Net decrease in cash and cash equivalents (282,500) (63,609)
Cash and cash equivalents, beginning of period 764,170 433,029
Cash and cash equivalents, end of period 481,670 369,420
Cash paid during the period for:    
Interest 63,724 70,796
Income taxes 6,644 22
Noncash investing and financing transactions:    
Transfer to other bank owned assets 0 2,939
Right-of-use assets obtained in exchange for lease obligations $ 0 $ 985