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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income $ 60,600 $ 64,381
Adjustments to Reconcile Net Income to Net Cash from Operating Activities:    
Net Amortization on Securities 2,527 4,166
Depreciation and Amortization 6,961 7,208
Loans Originated for Sale (101,914) (81,608)
Proceeds from Sales of Loans Held-for-Sale 100,297 84,926
Provision for Credit Losses 2,150 2,550
Gain on Sale of Loans, net (2,424) (1,831)
(Gain) Loss on Securities, net 34,788 (40)
Gain on Sales of Other Real Estate and Repossessed Assets (37) (55)
Loss (Gain) on Disposition and Donation of Premises and Equipment 15 28
Gain on Disposition of Land 0 (83)
Increase in Cash Surrender Value of Company Owned Life Insurance (1,040) (1,374)
Equity Based Compensation 2,266 1,866
Gain on Sale of Assets of German American Insurance, net (36,507) 0
Change in Assets and Liabilities:    
Interest Receivable and Other Assets 2,340 (5,214)
Interest Payable and Other Liabilities (2,951) 2,737
Net Cash from Operating Activities 67,071 77,657
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from Maturities, Calls, and Redemptions of Securities Available-for-Sale 218,477 187,171
Proceeds from Sales of Securities Available-for-Sale 402,105 114,259
Purchase of Securities Available-for-Sale (555,810) (102,164)
Proceeds from Redemption of Federal Home Loan Bank Stock 199 274
Purchase of Loans 0 (544)
Loans Made to Customers, net of Payments Received (91,891) (104,168)
Proceeds from Sales of Other Real Estate 70 55
Property and Equipment Expenditures (4,391) (5,497)
Proceeds from Sales of Land and Buildings 0 252
Proceeds from Sale of German American Insurance Assets 40,000 0
Net Cash from Investing Activities 8,759 89,638
CASH FLOWS FROM FINANCING ACTIVITIES    
Change in Deposits 18,403 (213,927)
Change in Short-term Borrowings (15,012) 57,142
Advances in Long-term Debt 75,000 25,000
Repayments of Long-term Debt (50,114) (97)
Dividends Paid (23,882) (22,073)
Net Cash from Financing Activities 4,395 (153,955)
Net Change in Cash and Cash Equivalents 80,225 13,340
Cash and Cash Equivalents at Beginning of Year 115,330 119,079
Cash and Cash Equivalents at End of Period 195,555 132,419
Cash Paid During the Period for    
Interest 73,727 40,442
Income Taxes 17,870 14,865
Supplemental Non Cash Disclosures    
Interest Rate Swap Fair Value Adjustment $ (1,600) $ 419