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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net income $ 5,748 $ 20,457
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion 554 807
Provision for credit losses 1,392 1,825
Stock-based compensation expense 1,006 1,099
Amortization of intangible assets 421 623
Origination of mortgage loans held for sale 1,318 1,351
Proceeds from sale of mortgage loans held for sale 1,344 1,400
Bank owned life insurance income (920) (709)
Gain on sale of mortgage loans held for sale, net (26) (49)
Loss on sale of investment securities available for sale, net 9,973 286
Other (5,275) (991)
Net cash provided by operating activities 12,899 23,397
Cash flows from investing activities:    
Loan originations and purchases, net of payments 91,473 75,839
Maturities and repayments of investment securities available for sale 29,397 26,949
Maturities and repayments of investment securities held to maturity 5,225 5,995
Purchase of investment securities available for sale (33,132) (14,994)
Purchase of premises and equipment (893) (4,653)
Purchase of bank owned life insurance (39) 0
Purchases of Federal Home Loan Bank stock (117) (28,604)
Proceeds from sales of investment securities available for sale 134,066 22,688
Proceeds from redemption of Federal Home Loan Bank stock 0 13,823
Proceeds from sales of premises and equipment 0 2
Capital contributions to LIHTC investments (9,568) (369)
Net cash provided (used) by investing activities 33,466 (55,002)
Cash flows from financing activities:    
Net decrease in deposits (67,545) (135,818)
Proceeds from borrowings 15,000 715,100
Repayment of borrowings 15,000 332,000
Common stock cash dividends paid (8,028) (7,723)
Net decrease in securities sold under agreement to repurchase 0 (7,436)
Repurchase of common stock (6,118) (2,627)
Net cash (used) provided by financing activities (81,691) 229,496
Net (decrease) increase in cash and cash equivalents (35,326) 197,891
Cash and cash equivalents at beginning of period 224,973 103,590
Cash and cash equivalents at end of period 189,647 301,481
Supplemental disclosures of cash flow information:    
Cash paid for interest 17,342 6,501
Supplemental non-cash disclosures of cash flow information:    
Investment in LIHTC partnership and related funding commitment 2 12
Right of use assets obtained in exchange for new operating lease liabilities 2,305 $ 1,296
Transfer of bank owned life insurance to prepaid expenses and other assets due to death benefit accrued $ 999