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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows provided by (used in) operating activities    
Net income $ 96,816 $ 93,924
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Provision for credit losses 1,944 3,764
Amortization of intangible assets 7,953 8,833
Amortization of mortgage servicing rights 2,155 2,757
Amortization of NMTC 6,740 4,668
Depreciation and amortization of premises and equipment 7,052 8,035
Net amortization (accretion) on portfolio loans 5,399 2,524
Net amortization (accretion) of premium (discount) on investment securities 11,351 15,820
Net amortization (accretion) of premium (discount) on time deposits (223) (318)
Net amortization (accretion) of premium (discount) on FHLB advances and other borrowings 764 1,152
Impairment of OREO and other repossessed assets 113 611
Impairment of fixed assets held for sale 0 427
Impairment of mortgage servicing rights 1 (9)
Impairment of leases 0 84
Unrealized (gains) losses recognized on equity securities, net 2,753 2,376
(Gain) loss on sales of equity securities, net 0 (24)
(Gain) loss on sales of debt securities, net 207 (28)
(Gain) loss on sales of loans, net (603) (1,777)
(Gain) loss on sales of OREO 4 56
(Gain) loss on sales of premises and equipment (197) (666)
(Gain) loss on life insurance proceeds (759) 0
(Increase) decrease in cash surrender value of bank owned life insurance (2,923) (2,716)
Provision for deferred income taxes (2,000) (3)
Stock-based compensation 6,928 6,721
Mortgage loans originated for sale (28,663) (63,986)
Proceeds from sales of mortgage loans 27,418 84,732
(Increase) decrease in other assets (15,072) (45,575)
Increase (decrease) in other liabilities 171 (3,364)
Net cash provided by (used in) operating activities 127,329 118,018
Cash flows provided by (used in) investing activities    
Purchases of equity securities (6,169) (14,820)
Purchases of debt securities available for sale (7,796) (279,831)
Proceeds from sales of equity securities 6,169 15,418
Proceeds from paydowns and maturities of debt securities held to maturity 38,172 51,552
Proceeds from paydowns and maturities of debt securities available for sale 253,648 370,274
Purchases of FHLB and other bank stock (30,957) 0
Proceeds from the redemption of FHLB and other bank stock 43,926 225
Net (increase) decrease in loans (137,843) (484,701)
Cash paid for premiums on bank-owned life insurance (80) (101)
Proceeds from life insurance 2,292 219
Purchases of premises and equipment (6,750) (4,006)
Proceeds from disposition of premises and equipment 3,881 4,182
Proceeds from sales of OREO 781 2,662
Net cash provided by (used in) investing activities 159,274 (338,927)
Cash flows provided by (used in) financing activities    
Net increase (decrease) in deposits 261,305 (166,862)
Net change in federal funds purchased and securities sold under agreements to repurchase (46,104) (35,542)
Proceeds from FHLB advances 265,000 0
Repayment of FHLB advances (604,054) (5,507)
Proceeds from other borrowings, net of debt issuance costs 0 98,094
Repayment of other borrowings (9,000) (109,000)
Cash dividends paid (39,806) (38,159)
Purchase of treasury stock (2,209) (9,912)
Cash paid for withholding taxes on stock-based payments (989) (878)
Proceeds from stock warrants exercised 9 0
Issuance of treasury stock for ESPP 0 (271)
Net cash provided by (used in) financing activities (175,848) (268,037)
Net increase (decrease) in cash and cash equivalents 110,755 (488,946)
Cash and cash equivalents, beginning of period 227,164 836,095
Cash and cash equivalents, ending of period 337,919 347,149
Cash payments for:    
Interest 89,572 19,465
Income taxes 23,594 30,506
Non-cash investing and financing activities:    
OREO acquired in settlement of loans 144 132
Transfer of debt securities available for sale to held to maturity $ 0 $ 985,199