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CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities    
Net income $ 31,381 $ 32,999
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of premises and equipment 983 880
Provision for (reversal of) credit losses 1,450 (5,766)
Amortization of intangibles 433 507
Net accretion of loans (874) (1,406)
Accretion on bank premises (12) (23)
Accretion on deposits (321) (650)
Amortization (accretion) on borrowings, net 16 (17)
Stock-based compensation 1,147 972
Losses on equity securities, net 596 187
Gains on sale of loans held-for-sale, net (701) (707)
Loans originated for resale (8,872) (23,348)
Proceeds from sale of loans held-for-sale 9,472 21,856
Gain on sale of branches   (674)
Net losses on disposition of other premises and equipment   22
Increase in cash surrender value of bank owned life insurance (1,206) (1,064)
Amortization of premiums and accretion of discounts on securities available-for-sale 872 1,605
Amortization of subordinated debentures issuance costs 76 76
Decrease in accrued interest receivable 71 68
Net change in operating leases (27) (131)
(Increase) decrease in other assets (10,585) 47,156
Increase in other liabilities 21,945 7,589
Net cash provided by operating activities 45,844 80,131
Investment securities available-for-sale:    
Purchases (52,970) (33,305)
Maturities, calls and principal repayments 43,950 72,193
Net redemptions of restricted investment in bank stocks 2,572 2,616
Payments on loans held-for-sale   9
Net increase in loans (153,048) (36,553)
Purchases of premises and equipment (718) (67)
Proceeds from sale of branches   729
Net cash (used in) provided by investing activities (160,214) 5,622
Cash flows from financing activities    
Net increase (decrease) in deposits 227,773 (7,240)
Advances of Federal Home Loan Bank (“FHLB”) borrowings 150,000  
Repayments of FHLB borrowings (206,039) (66,227)
Decrease in subordinated debt   (50,000)
Cash dividends on preferred stock (1,509)  
Cash dividends paid on common stock (5,152) (3,584)
Repurchase of treasury stock (4,786) (2,411)
Proceeds from exercise of stock options 91 45
Net cash provided by (used in) financing activities 160,378 (129,417)
Net change in cash and cash equivalents 46,008 (43,664)
Cash and cash equivalents at beginning of period 265,536 303,756
Cash and cash equivalents at end of period 311,544 260,092
Cash payments for:    
Interest paid on deposits and borrowings 8,794 11,690
Income taxes 300 4,350
Transfer of loans to other real estate owned 316
Transfer of loans from held-for-investment to held-for-sale $ 2,391