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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities    
Net income $ 67,730 $ 92,654
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of premises and equipment 3,355 2,903
Provision for credit losses 5,500 14,450
Amortization of intangibles 1,090 1,276
Net accretion of loans (1,618) (2,448)
Accretion on bank premises (37) (37)
Accretion on deposits (232) (657)
Amortization on borrowings, net 16 27
Stock-based compensation 3,641 3,519
Losses on equity securities, net 674 1,431
Gains on sale of loans held-for-sale, net (1,232) (1,519)
Loans originated for resale (19,511) (18,619)
Proceeds from sale of loans held-for-sale 29,531 25,955
Loss on sale of other real estate owned 22 6
Increase in cash surrender value of bank owned life insurance (4,681) (4,069)
Amortization of premium and accretion of discounts on securities available-for-sale 821 1,848
Amortization of subordinated debentures issuance costs 1,058 228
Increase in accrued interest receivable (733) (4,788)
Net change in operating leases (23) (142)
Increase in other assets (6,861) (4,781)
Decrease in other liabilities (13,949) (12,291)
Net cash provided by operating activities 64,561 94,946
Cash flows from investing activities    
Purchases (33,454) (320,946)
Maturities, calls and principal repayments 49,590 135,548
Purchase of equity securities (2,540) (3,200)
Net purchases of restricted investment in bank stocks (2,783) (17,498)
Cash flow hedge premium payment 0 (6,965)
Payments on loans held-for-sale 25 5
Net increase in loans (82,847) (1,084,483)
Purchase of bank owned life insurance 0 (30,000)
Purchases of premises and equipment (3,950) (2,353)
Proceeds from sale of OREO 242 309
Net cash used in investing activities (75,717) (1,329,583)
Cash flows from financing activities    
Net increase in deposits 82,105 978,214
Advances of Federal Home Loan Bank (“FHLB”) borrowings 2,391,500 2,305,181
Repayments of subordinated debt (75,000) 0
Repayments of borrowings (2,361,548) (1,943,448)
Cash dividends on preferred stock (4,527) (4,528)
Cash dividends paid on common stock (19,342) (17,338)
Repurchase of treasury stock (15,309) (13,127)
Proceeds from exercise of stock options 96 124
Share redemption for tax withholdings on performance units and deferred stock units earned (1,836) (2,133)
Net cash (used by) provided by financing activities (3,861) 1,302,945
Net change in cash and cash equivalents (15,017) 68,308
Cash and cash equivalents at beginning of period 268,315 265,536
Cash and cash equivalents at end of period 253,298 333,844
Supplemental disclosures of cash flow information    
Interest paid on deposits and borrowings 164,108 34,552
Income taxes 27,377 31,426
Supplemental disclosures of noncash activities    
Transfer of loans held-for-investment to other real estate owned 0 579
Transfer of loans from held-for-sale to held-for-investment 11,197 0
Transfer of loans from held-for-investment to held-for-sale $ 16,156 $ 13,652