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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Operating Activities    
Net Income $ 74,637 $ 73,005
Provision for Loan and Lease Losses 12,065 10,793
Deferred tax expense 3,180 3,535
Depreciation and amortization 2,229 1,895
Net gains on securities and other assets (6,201) (5,521)
Net amortization of premiums and discounts on securities 439 725
Redemption Premium 369 0
Income from increase in cash surrender value of bank owned life insurance (2,583) (2,386)
Increase in interest receivable (64) (91)
Mortgage loans originated for sale (113,778) (83,788)
Proceeds from sale of mortgage loans 89,278 80,749
Increase in interest payable 10,396 2,063
Decrease in income taxes payable (53) (2,206)
Increase (Decrease) in Other Operating Assets and Liabilities, Net 7,576 (7,568)
Net cash provided by operating activities 62,338 86,341
Investing Activities    
Payments to Acquire Held-to-maturity Securities (55,276) (200)
Proceeds from maturities and redemptions of available-for-sale securities 69,598 30,686
Proceeds from maturities and redemptions of available-for-sale securities 79,606 48,521
Payments to Acquire Debt Securities, Available-for-Sale (211,341) (24,555)
Proceeds from sale and maturity of held-to-maturity securities 20,195 21,154
Purchases of FHLB stock (18,707) (45,719)
Proceeds from the redemption of FHLB stock 45,143 38,397
Proceeds from Life Insurance Policy 1,617 2,246
Proceeds from Sale of Loans Receivable 43,046 63,839
Proceeds from sale of other assets 2,905 1,472
Net cash received from business acquisition 0 14,492
Net increase in loans and leases (67,251) (274,082)
Payments for Purchase of Other Assets (8,395) (13,219)
Net cash used in investing activities (98,860) (136,968)
Financing Activities    
Net decrease in other short-term borrowings (60,222) (2,590)
Net increase in deposits 216,636 384,365
Repayments of other long-term debt (380) (367)
Repayments of Long-term Capital Lease Obligations (281) (263)
Payments of Dividends (26,063) (25,249)
Proceeds from reissuance of treasury stock 204 245
Purchase of treasury stock (2,072) (10,889)
Net cash provided by financing activities 77,822 345,252
Net increase in cash and cash equivalents 41,300 294,625
Cash and cash equivalents at January 1 146,993 154,244
Cash and cash equivalents at June 30 188,293 448,869
Repayments of Subordinated Debt $ 50,000 $ 0