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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows provided by (used in) operating activities      
Net income $ 122,565 $ 128,311 $ 123,449
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Provision for credit losses 2,399 4,623 (15,101)
Amortization of intangible assets 10,432 11,628 11,274
Amortization of mortgage servicing rights 2,785 3,540 5,292
Amortization of NMTC 8,999 6,333 5,563
Depreciation and amortization of premises and equipment 9,488 10,482 11,610
Net amortization (accretion) on portfolio loans 6,971 3,932 (11,545)
Net amortization (accretion) of premium (discount) on investment securities 14,406 20,799 24,251
Net amortization (accretion) of premium (discount) on time deposits (270) (403) (1,142)
Net amortization (accretion) of premium (discount) on FHLB advances and other borrowings 1,027 1,400 826
Impairment of OREO and other repossessed assets 100 611 1
Impairment of fixed assets held for sale 0 427 3,227
Impairment of mortgage servicing rights 1 (8) (639)
Impairment of leases 0 84 0
Unrealized (gains) losses recognized on equity securities, net 2,171 2,183 (3,041)
(Gain) loss on sales of equity securities, net (5,475) (24) 0
(Gain) loss on sales of debt securities, net 5,503 (26) (29)
(Gain) loss on sales of loans, net (733) (1,944) (9,323)
(Gain) loss on sales of OREO and other repossessed assets (46) 54 174
(Gain) loss on sales of premises and equipment (450) (825) (1,023)
(Gain) loss on life insurance proceeds (759) 0 (1,257)
(Increase) decrease in cash surrender value of bank owned life insurance (3,942) (3,663) (3,909)
Provision for deferred income taxes (2,920) (1,272) 4,665
Stock-based compensation 6,595 8,968 7,864
Mortgage loans originated for sale (35,413) (70,953) (274,356)
Proceeds from sales of mortgage loans 35,018 95,289 306,074
(Increase) decrease in other assets (17,888) (56,284) 7,203
Increase (decrease) in other liabilities 12,826 2,633 (28,096)
Net cash provided by (used in) operating activities 173,390 165,895 162,012
Cash flows provided by (used in) investing activities      
Purchases of equity securities (6,617) (14,820) (11,017)
Purchases of debt securities available for sale (10,436) (280,083) (2,298,055)
Proceeds from sales of equity securities 11,644 15,418 7,254
Proceeds from sales of debt securities available for sale 105,044 0 290,955
Proceeds from paydowns and maturities of debt securities held to maturity 48,927 70,116 0
Proceeds from paydowns and maturities of debt securities available for sale 326,252 470,134 868,083
Purchases of FHLB and other bank stock (30,957) (12,969) 0
Proceeds from the redemption of FHLB and other bank stock 43,926 225 0
Net cash received in (paid for) acquisitions 0 0 228,279
Net (increase) decrease in loans 65,240 (541,713) 76,826
Cash paid for premiums on bank-owned life insurance (80) (106) (124)
Proceeds from life insurance 2,292 219 4,755
Purchases of premises and equipment (9,533) (4,989) (5,042)
Proceeds from disposition of premises and equipment 4,425 4,528 7,306
Proceeds from sales of OREO and other repossessed assets, including cash payments collected 860 3,076 1,590
Net cash provided by (used in) investing activities 550,987 (290,964) (829,190)
Cash flows provided by (used in) financing activities      
Net increase (decrease) in deposits 220,146 (696,894) 767,474
Net increase (decrease) in federal funds purchased and securities sold under agreements to repurchase (42,410) (40,333) 77,874
Net increase (decrease) in short-term borrowings (335,000) 330,000 1,000
Proceeds from other borrowings, net of debt issuance costs 0 98,094 72,500
Repayment of other borrowings (16,054) (112,678) (19,158)
Cash dividends paid (53,076) (50,863) (50,764)
Purchase of treasury stock (4,482) (9,912) (33,043)
Cash paid for withholding taxes on stock-based payments (1,093) (1,276) (997)
Proceeds from stock warrants exercised 9 0 0
Common stock issuance costs 0 0 (150)
Net cash provided by (used in) financing activities (231,960) (483,862) 814,736
Net increase (decrease) in cash and cash equivalents 492,417 (608,931) 147,558
Cash and cash equivalents, beginning of period 227,164 836,095 688,537
Cash and cash equivalents, ending of period 719,581 227,164 836,095
Cash payments for:      
Interest 135,482 35,297 25,374
Income taxes 25,408 30,676 22,487
Non-cash investing and financing activities:      
OREO acquired in settlement of loans 189 175 1,610
Transfer of loans held for sale to portfolio loans 0 0 (4,808)
Transfer of debt securities available for sale to held to maturity $ 0 $ 985,199 $ 0