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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities:    
Net income $ 6,145 $ 12,252
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation 11,600 11,545
Net accretion on loans (2,066) (2,491)
Amortization of subordinated notes issuance costs 167 394
Amortization of junior subordinated debentures 477 456
Net (accretion) amortization on securities (349) (665)
Amortization of intangible assets 8,756 9,193
Software amortization 7,725 4,015
Deferred taxes, net 7,646 (2,279)
Credit loss expense (benefit) 4,912 14,314
Stock based compensation 10,274 11,092
Net (gains) losses on equity securities (213) (629)
Net OREO (gains) losses and valuation adjustments (304) 16
Net (gains) losses on disposal of premises and equipment (441) 1
Origination of loans held for sale (13,747) (5,844)
Proceeds from sale of loans originated or purchased for sale 6,955 5,253
Net (gains) losses on sale of loans (443) (184)
Net change in operating leases (351) 211
Change in estimated fair value of indemnification asset 605 614
Change in estimated fair value of revenue share asset 47 (1,295)
(Increase) decrease in other assets (14,543) (6,957)
Increase (decrease) in other liabilities (2,269) (11,289)
Net cash provided by (used in) operating activities 30,583 37,723
Cash flows from investing activities:    
Proceeds from sales of equity securities 94 0
Purchases of securities available for sale (105,000) (165,451)
Proceeds from maturities, calls, and pay downs of securities available for sale 110,253 68,959
Proceeds from maturities, calls, and pay downs of securities held to maturity 196 796
Purchases of loans held for investment (22,663) (7,839)
Proceeds from sale of loans 18,257 24,578
Net change in loans (449,241) (190,878)
Purchases of premises and equipment (9,261) (54,550)
Proceeds from sales of premises and equipment 11,458 0
Net proceeds from sale of OREO 2,299 64
Expenditures for capitalized software (14,688) (16,131)
(Purchases) redemptions of FHLB and other restricted stock, net (38) 7,166
Net cash paid for acquisitions (137,517) 0
Acquired intangible assets (124) (2,920)
Net cash provided by (used in) investing activities (595,975) (336,206)
Cash flows from financing activities:    
Net increase (decrease) in deposits 134,426 729,216
Increase (decrease) in Federal Home Loan Bank advances 250,000 (225,000)
Preferred stock dividends (2,404) (2,404)
Stock option exercises, net 218 425
Proceeds from employee stock purchase plan common stock issuance 2,484 2,184
Purchase of treasury stock, net (2,227) (3,293)
Net cash provided by (used in) financing activities 382,497 501,128
Net increase (decrease) in cash and cash equivalents (182,895) 202,645
Cash and cash equivalents at beginning of period 330,117 286,635
Cash and cash equivalents at end of period 147,222 489,280
Supplemental cash flow information:    
Interest paid 56,416 53,026
Income taxes paid, net 1,829 813
Cash paid for operating lease liabilities 4,452 3,881
Supplemental noncash disclosures:    
Loans transferred to OREO 2,205 621
Loans held for investment transferred to loans held for sale 19,842 22,787
Assets transferred to assets held for sale 6,240 0
Lease liabilities arising from obtaining right-of-use assets 548 2,482
Securities available for sale purchased, not settled $ 0 $ 5,000