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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Net Income (Loss) $ 118,815 $ 142,048 $ 71,274
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for credit loss expense 6,755 8,295 36,729
Depreciation and amortization 24,191 23,853 16,448
Change in current income tax receivable 1,740 3,223 (3,880)
Change in deferred income taxes 6,357 55 (17,280)
Discount accretion, net of premium amortization on securities (1,350) (831) 1,111
Gain on sale of mortgages, net (9,662) (9,907) (19,747)
Origination of loans held for sale, net of repayments (346,588) (398,438) (810,061)
Proceeds from sales of loans held for sale 349,450 407,425 955,044
Originations of mortgage servicing rights (404) (1,183) (4,187)
Proceeds from sales of mortgage servicing rights   5,502  
Gain on sale of mortgage servicing rights   (1,052)  
Impairment on fixed assets 958 349 118
Gain on sale of fixed assets (637) (148) (1,674)
Stock-based compensation 8,048 7,222 6,059
Loss on security sales 6,582    
Operating lease payments (6,537) (6,308) (5,036)
Change in other assets (16,062) 343 (26,749)
Change in other liabilities 13,615 (13,513) 16,465
Net cash provided by operating activities 155,271 166,935 214,634
Cash flows from investing activities:      
Proceeds from non-marketable securities 57,527 100,046 4,175
Proceeds from maturities and paydowns of investment securities available-for-sale 157,538 92,032 141,892
Proceeds from maturities and paydowns of investment securities held-to-maturity 63,078 69,555 133,363
Proceeds from sales of investment securities available-for-sale 132,113   128,430
Proceeds from sales of other real estate owned 3,418 581 3,564
Purchases of non-marketable securities (44,889) (106,175) (37,271)
Purchases of investment securities available-for-sale (185,713) 0 (259,846)
Purchases of investment securities held-to-maturity (10,483) (2,452) (101,699)
Purchases of premises and equipment, net (34,592) (36,834) (12,430)
Net increase in loans (73,338) (477,109) (987,511)
Proceeds from the sale of loans   1,625 933
Net cash activity for acquisitions   (45,300) 234,263
Net cash provided by (used in) investing activities 64,659 (404,031) (752,137)
Cash flows from financing activities:      
Net increase (decrease) in deposits 47,229 317,050 (465,818)
Net decrease in repurchase agreements and other short-term borrowings (732) (587) (2,554)
Net (payments to) advances from the Federal Home Loan Bank (290,000) (45,000) 385,000
Issuance of stock under purchase and equity compensation plans (1,515) (1,534) (1,481)
Proceeds from exercise of stock options 3,555 617 1,102
Payment of dividends (42,945) (39,643) (30,447)
Net cash (used in) provided by financing activities (284,408) 230,903 (114,198)
Decrease in cash, cash equivalents and restricted cash(1) (64,478) (6,193) (651,701)
Cash, cash equivalents and restricted cash at beginning of the year(1) 192,326 198,519 850,220
Cash, cash equivalents and restricted cash at end of period(1) 127,848 192,326 198,519
Supplemental disclosure of cash flow information during the period:      
Cash paid for interest 189,973 124,426 18,597
Net tax payments 20,841 32,846 11,302
Supplemental schedule of non-cash activities:      
Loans transferred to other real estate owned at fair value 9,577 1,207 147
Loans transferred from loans held for sale to loans $ 1,159 $ 4,833 5,288
Treasury stock reissued for acquisition     $ 144,764