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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
OPERATING ACTIVITIES    
Net income $ 75,965 $ 78,480
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 12,767 12,279
Provision for (recovery of) unfunded loan commitments 303 (39)
Net depreciation, amortization and accretion 4,413 3,309
Net amortization of discounts and premiums on securities 2,470 2,387
Stock-based compensation expense 1,820 1,231
Gain on the sale of mortgage loans, net (1,300) (1,195)
Gain on the sale of majority interest of insurance business 0 (1,873)
Pension contribution 0 (20,420)
Mortgage loans originated for sale (72,054) (68,898)
Proceeds from the sale of mortgage loans 67,354 70,371
Net change in:    
Interest receivable (712) (1,506)
Interest payable (1,399) 803
Other assets (31,570) 352
Other liabilities 34,737 9,904
Net Cash Provided by Operating Activities 92,794 85,185
INVESTING ACTIVITIES    
Purchases of securities (37,123) (79,068)
Proceeds from maturities, prepayments and calls of securities 68,906 71,433
Net proceeds from sales (purchases) of Federal Home Loan Bank stock 4,038  
Net proceeds from sales (purchases) of Federal Home Loan Bank stock   (1,909)
Net increase in loans (263,169) (64,387)
Proceeds from sale of loans not originated for resale 520 7,695
Purchases of premises and equipment (4,054) (2,588)
Proceeds from the sale of premises and equipment 44 135
Proceeds from the sale of majority interest of insurance business 0 4,540
Net Cash Used in Investing Activities (230,838) (64,149)
FINANCING ACTIVITIES    
Net increase in core deposits 394,439 127,917
Net decrease in certificates of deposit (85,606) (88,203)
Net decrease in securities sold under repurchase agreements (4,458) (4,961)
Net decrease in short-term borrowings (100,000) (5,000)
Repayments on long-term borrowings (1,151) (1,867)
Treasury shares issued-net (915) (657)
Common stock issuance costs (125) 0
Cash dividends paid to common shareholders (27,798) (25,115)
Repurchase of common stock (18,222) 0
Repurchase of warrant 0 (7,652)
Net Cash Provided by (Used in) Financing Activities 156,164 (5,538)
Net increase in cash and cash equivalents 18,120 15,498
Cash and cash equivalents at beginning of period 155,489 117,152
Cash and Cash Equivalents at End of Period 173,609 132,650
Supplemental Disclosures    
Loans transferred to held for sale 520 7,695
Leased right-of-use operating assets and lease liabilities added to the balance sheet 38,919  
Interest paid 57,047 37,838
Income taxes paid, net of refunds 11,178 15,728
Transfer net assets to investment in insurance company partnership 0 1,917
Transfers of loans to other real estate owned $ 492 $ 647