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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net income $ 25,344 $ 12,191
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion (6,796) 67
(Reversal of) provision for credit losses (7,199) 7,946
Net change in accrued interest receivable, prepaid expenses and other assets, and accrued expenses and other liabilities (1,205) (7,581)
Stock-based compensation expense 870 969
Amortization of intangible assets 797 903
Origination of mortgage loans held for sale (32,254) (16,026)
Proceeds from sale of mortgage loans held for sale 31,755 18,298
Bank owned life insurance income (656) (885)
Valuation adjustment on interest rate swaps (244) 0
Loss on sale of other real estate owned, net 0 4
Gain on sale of mortgage loans held for sale, net (1,370) (547)
Gain on sale of investment securities, net (29) (1,014)
Gain on sale of assets held for sale (22) (9)
Loss (gain) on sale or write-off of premises and equipment, net 90 (9)
Net cash provided by operating activities 9,081 14,307
Cash flows from investing activities:    
Loans originated, net of principal payments (117,892) (84,807)
Maturities, calls and payments of investment securities available for sale 62,675 74,320
Purchase of investment securities available for sale (166,038) (90,517)
Proceeds from sales of investment securities available for sale 1,248 25,177
Purchase of premises and equipment (475) (1,423)
Proceeds from sales of other real estate owned 0 266
Proceeds from sales of assets held for sale 1,731 394
Proceeds from redemption of Federal Home Loan Bank stock 0 760
Purchases of Federal Home Loan Bank stock (1,272) (1,044)
Proceeds from sales of premises and equipment 0 9
Purchases of bank owned life insurance (105) (3,579)
Proceeds from bank owned life insurance death benefit 0 1,324
Capital contributions to low-income housing tax credit partnerships (12,617) (1,434)
Net cash used by investing activities (232,745) (80,554)
Cash flows from financing activities:    
Net increase in deposits 421,708 35,272
Federal Home Loan Bank advances 10 19,000
Repayment of Federal Home Loan Bank advances (10) (19,000)
Common stock cash dividends paid (7,183) (7,314)
Net increase (decrease) in securities sold under agreement to repurchase 820 (8,377)
Proceeds from exercise of stock options 0 71
Repurchase of common stock (687) (19,060)
Net cash provided by financing activities 414,658 592
Net increase (decrease) in cash and cash equivalents 190,994 (65,655)
Cash and cash equivalents at beginning of period 743,322 228,568
Cash and cash equivalents at end of period 934,316 162,913
Supplemental disclosures of cash flow information:    
Cash paid for interest 1,889 4,507
Cash paid for income taxes, net of refunds 64 58
Supplemental non-cash disclosures of cash flow information:    
Transfers of loans receivable to other real estate owned 0 270
Purchase of investment securities available for sale not settled 5,000 7,303
Cumulative effect from change in accounting policy [1] 0 7,175
Right of use assets obtained in exchange for new operating lease liabilities $ 7,381 $ 591
[1] Effective January 1, 2020, the Company adopted ASU 2016-13, Financial Instruments - Credit Losses.