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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Statement of Cash Flows [Abstract]    
Net Cash Provided by Operating Activities $ 91,046 $ 83,048
INVESTING ACTIVITIES    
Purchases of securities (123,615) (31,725)
Proceeds from maturities, prepayments and calls of securities 64,806 61,532
Proceeds from sales of securities 46,733 0
Redemption (purchases) of Federal Home Loan Bank stock 13,026 (8,236)
Net increase in loans (75,016) (149,109)
Proceeds from sale of portfolio loans 8,923 8,333
Proceeds from sale of other real estate owned 77 24
Purchases of premises and equipment (1,409) (2,687)
Proceeds from the sale of premises and equipment 27 705
Proceeds from life insurance settlement 784 338
Net payments from cash flow hedge (4,910) (5,344)
Net Cash Used in Investing Activities (70,574) (126,169)
FINANCING ACTIVITIES    
Net decrease in demand, money market and savings deposits (28,931) (477,313)
Net increase in certificates of deposit 187,506 398,591
Net (decrease) increase in short-term borrowings (140,000) 160,000
Proceeds from long-term borrowings 0 25,000
Repayments on long-term borrowings (243) (228)
Repurchase of shares for taxes on restricted stock (781) (482)
Cash dividends paid to common shareholders (25,325) (24,781)
Repurchase of common stock 0 (19,808)
Net Cash (Used in) Provided by Financing Activities (7,774) 60,979
Net increase in cash and due from banks 12,698 17,858
Cash and due from banks at beginning of period 233,612 210,009
Cash and Due From Banks at End of Period 246,310 227,867
Supplemental Disclosures    
Right of use assets obtained in exchange for lease obligations 0 1,846
Cash paid for interest 82,646 41,359
Cash paid for income taxes, net of refunds 9,650 23,625
Transfers of loans to other real estate owned $ 113 $ 29