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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities:    
Net income $ 78,638 $ 22,688
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion (18,356) (5,926)
(Reversal of) provision for credit losses (24,335) 39,239
Net change in accrued interest receivable, prepaid expenses and other assets, and accrued expenses and other liabilities 11,043 (12,298)
Stock-based compensation expense 2,762 2,694
Amortization of intangible assets 2,352 2,666
Origination of mortgage loans held for sale (74,325) (93,422)
Proceeds from sale of mortgage loans held for sale 79,759 93,830
Bank owned life insurance income (2,020) (2,439)
Valuation adjustment on interest rate swaps (296) 0
Gain on sale of other real estate owned, net 0 (179)
Gain on sale of mortgage loans held for sale, net (3,138) (3,125)
Gain on sale of investment securities, net (29) (1,463)
Gain on sale of assets held for sale (1,691) (9)
Impairment of assets held for sale 38 0
Impairment of right of use asset 160 102
Loss (gain) on sale or write-off of premises and equipment, net 91 (25)
Net cash provided by operating activities 50,653 42,333
Cash flows from investing activities:    
Loan repayments (originations), net 555,784 (890,667)
Maturities and repayments of investment securities available for sale 200,242 207,955
Maturities and repayments of investment securities held to maturity 423 0
Purchase of investment securities available for sale (421,566) (117,456)
Purchase of investment securities held to maturity (66,821) 0
Proceeds from sales of investment securities available for sale 1,248 44,970
Purchase of premises and equipment (2,148) (6,136)
Proceeds from sales of other real estate owned 0 1,290
Proceeds from sales of assets held for sale 5,642 394
Proceeds from redemption of Federal Home Loan Bank stock 0 2,560
Purchases of Federal Home Loan Bank stock (1,272) (2,844)
Proceeds from sales of premises and equipment 12 53
Purchases of bank owned life insurance (104) (3,580)
Proceeds from bank owned life insurance death benefit 0 1,324
Cash received from return of New Market Tax Credit equity method investment 9,642 0
Capital contributions to low-income housing tax credit partnerships (23,349) (7,109)
Net cash provided (used) by investing activities 257,733 (769,246)
Cash flows from financing activities:    
Net increase in deposits 617,568 1,106,372
Federal Home Loan Bank advances 10 19,000
Repayment of Federal Home Loan Bank advances (10) (19,000)
Common stock cash dividends paid (21,552) (21,676)
Net increase in securities sold under agreement to repurchase 8,413 8,874
Proceeds from exercise of stock options 0 122
Repurchase of common stock (21,398) (19,105)
Net cash provided by financing activities 583,031 1,074,587
Net increase in cash and cash equivalents 891,417 347,674
Cash and cash equivalents at beginning of period 743,322 228,568
Cash and cash equivalents at end of period 1,634,739 576,242
Supplemental disclosures of cash flow information:    
Cash paid for interest 5,162 10,972
Cash paid for income taxes, net of refunds 10,944 8,279
Supplemental non-cash disclosures of cash flow information:    
Transfers of loans receivable to other real estate owned 0 270
Transfer of investment securities available for sale to held to maturity 244,778 0
Loans received from return of New Market Tax Credit equity method investment 15,596 0
Transfers of properties classified as held for sale to prepaid expenses and other assets from premises and equipment, net 3,556 0
Investment in low-income housing tax credit partnership and related funding commitment 17,458 10,237
Cumulative effect from change in accounting policy [1] 0 7,175
Right of use assets obtained in exchange for new operating lease liabilities $ 12,134 $ 273
[1] Effective January 1, 2020, the Company adopted ASU 2016-13, Financial Instruments - Credit Losses.