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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net income $ 58,253 $ 57,526
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit loss expense 10,200 2,776
Depreciation and amortization 12,247 12,023
Change in current income tax receivable 208 (502)
Change in deferred income taxes 8,456 (638)
Discount accretion, net of premium amortization on securities (1,170) (847)
Gain on sale of mortgages, net (4,642) (5,007)
Origination of loans held for sale, net of repayments (167,883) (162,166)
Proceeds from sales of loans held for sale 176,236 165,781
Originations of mortgage servicing rights (102) (204)
Proceeds from sales of mortgage servicing rights 2,360  
Gain on sale of mortgage servicing rights (646)  
Gain on sale of fixed assets (1,349) (637)
Stock-based compensation 3,695 3,665
Operating lease payments (3,278) (3,278)
Change in other assets (1,531) (15,344)
Change in other liabilities (19,086) 8,727
Net cash provided by operating activities 71,968 61,875
Cash flows from investing activities:    
Proceeds from non-marketable securities 32,429 30,769
Proceeds from maturities and paydowns of investment securities available-for-sale 74,609 72,110
Proceeds from maturities and paydowns of investment securities held-to-maturity 76,710 30,686
Proceeds from sales of other real estate owned 269 2,370
Purchases of non-marketable securities (37,009) (16,925)
Purchases of investment securities available-for-sale (160,543) (138,443)
Purchases of investment securities held-to-maturity (260,257) 0
Purchases of premises and equipment, net (16,008) (18,776)
Net decrease in loans 237,115 70,287
Proceeds from the sale of loans 11,941  
Net cash (used in) provided by investing activities (40,744) 32,078
Cash flows from financing activities:    
Net increase in deposits 31,602 186,329
Net decrease in repurchase agreements and other short-term borrowings (382) (162)
Net advances from (payments to) the Federal Home Loan Bank 135,000 (305,000)
Issuance of stock under purchase and equity compensation plans (1,817) (1,551)
Proceeds from exercise of stock options 53 204
Payment of dividends (22,808) (21,106)
Repurchase of common stock (4,237)  
Net cash provided by (used in) financing activities 137,411 (141,286)
Increase (decrease) in cash and cash equivalents 168,635 (47,333)
Cash and cash equivalents at beginning of the year 127,848 192,326
Cash and cash equivalents at end of period 296,483 144,993
Supplemental disclosure of cash flow information during the period:    
Cash paid for interest 87,945 94,708
Net tax payments $ 8,892 12,827
Supplemental schedule of non-cash activities:    
Increase in loans purchased but not settled   98,231
Loans transferred from loans held for sale to loans   $ 1,459