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Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net income $ 52,313 $ 34,656
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 4,001 12,679
Depreciation, amortization and accretion, net 11,502 10,131
Change in cash surrender value of bank owned life insurance (2,634) (2,211)
Stock-based compensation expense 1,342 786
Operating lease payments (2,286) (2,161)
Gain on investment securities, net (81) (88)
Loss on sales and write downs of other real estate owned, net 103 6,870
Loss (gain) on sale of other assets 76 (154)
Gain on sale of loans held for sale, net (1,060) (3,426)
(Increase) decrease in accrued interest receivable (4,335) 195
Increase (decrease) in accrued interest payable 1,207 (519)
Origination of loans held for sale (53,591) (113,630)
Proceeds from sale of loans held for sale 56,932 117,083
(Increase) decrease in other investment 6 (442)
Increase in other assets (10,187) (18,326)
Increase in other liabilities 952 5,236
Net cash provided by operating activities 54,260 46,679
Cash flows from investing activities:    
Proceeds from maturities of certificates of deposit investments 1,225 245
Purchases of certificates of deposit investments (245) (245)
Proceeds from sales of securities available-for-sale 27,396 611
Proceeds from maturities of securities available-for-sale 117,799 182,803
Proceeds from maturities of securities held-to-maturity 5,000 0
Purchases of securities available-for-sale (10,768) (552,294)
Net (increase) decrease in loans (309,664) 16,683
Purchases of premises and equipment (3,874) (2,367)
Proceeds from sales of other real property owned 821 8,602
Investment in banked owned life insurance 0 (30,000)
Net cash provided by acquisition 67,323 27,061
Net cash used in investing activities (104,987) (348,901)
Cash flows from financing activities:    
Net increase (decrease) in deposits (33,665) 305,368
Increase in federal funds purchased 5,000 0
Increase (decrease) in repurchase agreements 38,916 (57,046)
Proceeds from FHLB advances 365,000 5,000
Repayment of FHLB advances (320,000) (14,000)
Proceeds from issuance of common stock 1,008 1,724
Direct expenses related to capital transactions (29) (144)
Purchase of treasury stock (11) 0
Dividends paid on common stock (13,140) (10,755)
Net cash provided by financing activities 43,079 230,147
Decrease in cash and cash equivalents (7,648) (72,075)
Cash and cash equivalents at beginning of period 168,602 417,281
Cash and cash equivalents at end of period 160,954 345,206
Cash paid during the period for:    
Interest 14,916 11,483
Income taxes 22,463 14,306
Supplemental disclosures of noncash investing and financing activities    
Loans transferred to other real estate 383 237
Initial recognition of right-of-use assets 715 0
Initial recognition of lease liabilities 715 0
Dividends reinvested in common stock 0 333
LINCO Bancshares, Inc.    
Supplemental disclosures of noncash investing and financing activities    
Fair value of assets acquired 750,063 1,170,699
Cash paid 15,150 103,500
Common stock issued 92,172 44,191
Total consideration paid 107,322 147,691
Fair value of liabilities assumed $ 642,741 $ 1,023,008