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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net income $ 19,907 $ 37,303
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion 1,060 1,737
Provision for credit losses 2,660 3,734
Stock-based compensation expense 2,070 2,084
Amortization of intangible assets 842 1,246
Origination of mortgage loans held for sale 1,318 6,511
Proceeds from sale of mortgage loans held for sale 1,344 5,909
Bank owned life insurance income (1,851) (1,546)
Gain on sale of mortgage loans held for sale, net (26) (150)
Loss on sale of investment securities available for sale, net 11,894 286
Other (16,892) 3,371
Net cash provided by operating activities 19,690 47,463
Cash flows from investing activities:    
Loan originations and purchases, net of payments 194,853 198,937
Maturities and repayments of investment securities available for sale 56,579 49,733
Maturities and repayments of investment securities held to maturity 11,662 11,673
Purchase of investment securities available for sale (33,132) (14,994)
Purchase of premises and equipment (1,716) (5,477)
Purchase of bank owned life insurance (39) 0
Proceeds from bank owned life insurance death benefit 590 0
Purchases of Federal Home Loan Bank stock (58,829) (44,192)
Proceeds from sales of investment securities available for sale 170,893 22,688
Proceeds from redemption of Federal Home Loan Bank stock 40,712 44,735
Proceeds from sales of premises and equipment 50 2
Capital contributions to LIHTC investments (12,075) (419)
Net cash used by investing activities (20,158) (135,188)
Cash flows from financing activities:    
Net decrease in deposits (84,220) (329,297)
Proceeds from borrowings 1,319,710 1,754,800
Repayment of borrowings 1,319,710 1,304,800
Common stock cash dividends paid (16,004) (15,430)
Net decrease in securities sold under agreement to repurchase 0 (8,382)
Repurchase of common stock (10,524) (4,378)
Net cash (used) provided by financing activities (110,748) 92,513
Net (decrease) increase in cash and cash equivalents (111,216) 4,788
Cash and cash equivalents at beginning of period 224,973 103,590
Cash and cash equivalents at end of period 113,757 108,378
Supplemental disclosures of cash flow information:    
Cash paid for interest 58,231 17,587
Cash paid for income taxes, net of refunds 225 1,384
Supplemental non-cash disclosures of cash flow information:    
Investment in LIHTC partnership and related funding commitment 103 47
Right of use assets obtained in exchange for new operating lease liabilities 2,323 6,111
Transfer of bank owned life insurance to prepaid expenses and other assets due to death benefit accrued $ 535 $ 700