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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Operating activities:    
Net income $ 53,905 $ 56,783
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of premises and equipment, and amortization 3,104 3,000
Amortization of intangible assets 997 2,060
Provision for credit losses 8,393 4,710
Amortization of investment securities premium, net 919 271
Loss on sale of investment securities 1,142 45
Originations of loans for resale (38,334) (25,245)
Proceeds from sale of loans originated for resale 37,984 25,682
Gain on sale of loans (847) (649)
Change in fair market value of mortgage servicing rights 192 136
Provision for losses on foreclosed assets 3 262
Gain on transfer of loans to foreclosed assets 0 (38)
Change in the market value of foreclosed assets (3) 0
Operating lease expense payments (2,996) (3,147)
Loss on disposal of fixed assets 90 6
Increase in cash value of life insurance (1,662) (1,634)
Gain on life insurance death benefit (1,207) 0
(Gain) loss on marketable and trading equity securities (47) 149
Equity compensation vesting expense 2,375 2,394
Change in:    
Interest receivable 2,276 1,241
Interest payable (1,329) 3,573
Amortization of operating lease ROUA 2,895 3,028
Other assets and liabilities, net (14,100) (15,737)
Net cash from operating activities 53,750 56,890
Investing activities:    
Proceeds from maturities of securities available for sale 125,572 221,664
Proceeds from maturities of securities held to maturity 10,107 10,713
Proceeds from sale and calls of available for sale securities 30,743 28,570
Purchases of securities available for sale (24,620) (53,468)
Loan origination and principal collections, net (198,569) 49,578
Proceeds from sale of other real estate owned 103 0
Purchases of premises and equipment (2,715) (2,010)
Net cash from (used by) investing activities (59,379) 255,047
Financing activities:    
Net change in deposits 288,233 216,192
Net change in other borrowings (71,822) (384,809)
Repurchase of common stock (19,822) (13,585)
Dividends paid (21,648) (21,878)
Net cash from (used by) financing activities 174,941 (204,080)
Net change in cash and cash equivalents 169,312 107,857
Cash and cash equivalents, beginning of period 144,956 98,701
Cash and cash equivalents, end of period 314,268 206,558
Supplemental disclosure of noncash activities:    
Unrealized gain (loss) on securities available for sale 44,160 (11,848)
Market value of shares tendered in-lieu of cash to pay for exercise of equity and/or related taxes 907 1,102
Obligations incurred in conjunction with leased assets 1,006 1,426
Life insurance receivable 7,414 0
Loans transferred to foreclosed assets 0 12
Supplemental disclosure of cash flow activity:    
Cash paid for interest expense 62,706 64,143
Cash paid for income taxes $ 19,600 $ 21,200