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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows provided by (used in) operating activities    
Net income $ 85,586 $ 96,816
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Provision for credit losses 7,317 1,944
Amortization of intangible assets 7,586 7,953
Amortization of mortgage servicing rights 826 2,155
Amortization of NMTC 0 6,740
Depreciation and amortization of premises and equipment 7,186 7,052
Net amortization (accretion) on portfolio loans 3,602 5,399
Net amortization (accretion) of premium (discount) on investment securities 6,848 11,351
Net amortization (accretion) of premium (discount) on time deposits 87 (223)
Net amortization (accretion) of premium (discount) on FHLB advances and other borrowings 856 764
Impairment of OREO and other repossessed assets 0 113
Impairment of fixed assets held for sale 369 0
Impairment of mortgage servicing rights 233 1
Unrealized (gains) losses recognized on equity securities, net (911) 2,753
(Gain) loss on sales of debt securities, net 6,817 207
(Gain) loss on sales of mortgage servicing rights (7,724) 0
(Gain) loss on sales of loans, net (1,307) (603)
(Gain) loss on sales of OREO and other repossessed assets (549) 4
(Gain) loss on sales of premises and equipment (32) (197)
(Gain) loss on life insurance proceeds (895) (759)
(Increase) decrease in cash surrender value of bank owned life insurance (3,155) (2,923)
Provision for deferred income taxes 1,905 (2,000)
Stock-based compensation 5,828 6,928
Proceeds from the sale of mortgage servicing rights 9,796 0
Mortgage loans originated for sale (85,741) (28,663)
Proceeds from sales of mortgage loans 78,006 27,418
(Increase) decrease in other assets 10,082 (15,072)
Increase (decrease) in other liabilities (6,655) 171
Net cash provided by (used in) operating activities 125,961 127,329
Cash flows provided by (used in) investing activities    
Purchases of equity securities (647) (6,169)
Purchases of debt securities available for sale (31,149) (7,796)
Proceeds from sales of equity securities 1,055 6,169
Proceeds from sales of debt securities available for sale 101,361 0
Proceeds from paydowns and maturities of debt securities held to maturity 35,932 38,172
Proceeds from paydowns and maturities of debt securities available for sale 251,175 253,648
Purchases of FHLB and other bank stock (24) (30,957)
Proceeds from the redemption of FHLB and other bank stock 884 43,926
Net (increase) decrease in loans 241,463 (137,843)
Net cash received in (paid for) acquisitions (see Note 2) 18,377 0
Cash paid for premiums on bank-owned life insurance (74) (80)
Proceeds from life insurance 3,092 2,292
Purchases of premises and equipment (4,504) (6,750)
Proceeds from disposition of premises and equipment 1,341 3,881
Proceeds from sales of OREO and other repossessed assets, including cash payments collected 636 781
Net cash provided by (used in) investing activities 618,918 159,274
Cash flows provided by (used in) financing activities    
Net increase (decrease) in deposits (740,840) 261,305
Net increase (decrease) in federal funds purchased and securities sold under agreements to repurchase (60,150) (46,104)
Net increase (decrease) in short-term borrowings (36,000) (335,000)
Repayment of other borrowings (31,450) (13,054)
Cash dividends paid (40,520) (39,806)
Purchase of treasury stock 0 (2,209)
Cash paid for withholding taxes on stock-based payments (1,650) (989)
Proceeds from stock warrants exercised 0 9
Common stock issuance costs (141) 0
Net cash provided by (used in) financing activities (910,751) (175,848)
Net increase (decrease) in cash and cash equivalents (165,872) 110,755
Cash and cash equivalents, beginning of period 719,581 227,164
Cash and cash equivalents, ending of period 553,709 337,919
Cash payments for:    
Interest 146,302 89,572
Income taxes 12,388 23,594
Non-cash investing and financing activities:    
OREO acquired in settlement of loans $ 26 $ 144