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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities    
Net income $ 49,169 $ 24,267
Adjustments to reconcile net income to net cash provided by operating activities:    
Net premium / discount amortization on securities 1,626 3,300
Securities losses, net 3,222 33
Provision for credit losses 5,501 550
Originations of loans held-for-sale (24,570) (49,648)
Proceeds from sales of loans held-for-sale 24,271 53,204
Net gains on sales of mortgage loans (704) (1,233)
Mortgage servicing rights mark to market loss (gain) 429 (3,060)
Net accretion of discount on loans and unfunded commitments (2,093) (3,841)
Net change in cash surrender value of BOLI (660) (196)
Net gains on sale of other real estate owned (158) (130)
Provision for other real estate owned valuation losses 269 104
Depreciation of fixed assets and amortization of leasehold improvements 2,135 2,101
Net gains on disposal and transfer of fixed assets (635) (1,961)
Amortization of core deposit intangibles 1,242 1,324
Change in current income taxes receivable (456) (729)
Deferred tax expense 2,204 2,400
Change in accrued interest receivable and other assets (50,594) 7,000
Accretion of purchase accounting adjustment on time deposits (701) (821)
Change in accrued interest payable and other liabilities (5,709) (7,033)
Stock based compensation 1,774 1,469
Net cash provided by operating activities 5,562 27,100
Cash flows from investing activities    
Proceeds from maturities and calls, including pay down of securities available-for-sale 73,981 148,429
Proceeds from sales of securities available-for-sale 140,166 3,303
Purchases of securities available-for-sale (4,186) (301,129)
Net purchases of FHLBC/FRBC stock (16,200) (7,156)
Net change in loans (143,966) (199,955)
Proceeds from sales of other real estate owned, net of participations and improvements 1,165 845
Proceeds from disposition of premises and equipment 1,105 7,490
Net purchases of premises and equipment (3,047) (1,526)
Net cash provided by (used in) investing activities 49,018 (349,699)
Cash flows from financing activities    
Net change in deposits (392,440) (122,556)
Net change in securities sold under repurchase agreements (624) (12,738)
Net change in other short-term borrowings 395,000  
Repayment of term note (9,000) (2,000)
Net change in notes payable and other borrowings, excluding term note   (6,056)
Repayment of senior notes (45,000)  
Dividends paid on common stock (4,478) (4,423)
Purchase of treasury stock (605) (400)
Net cash used in financing activities (57,147) (148,173)
Net change in cash and cash equivalents (2,567) (470,772)
Cash and cash equivalents at beginning of period 115,177 752,107
Cash and cash equivalents at end of period $ 112,610 $ 281,335