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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net income $ 18,243 $ 29,571
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 19,969 2,687
Depreciation and amortization of premises and equipment 3,010 3,085
Non-cash lease expense 117 151
Cash flows from operating leases (3,189) (3,105)
Loss on sale of other real estate, net of write-downs 70 138
Amortization of mortgage servicing rights 3,217 1,072
Net amortization and accretion of premium/discounts on investment securities 4,327 4,644
Share-based compensation expense 1,396 848
Net gain on sales of residential mortgage loans (5,273) (1,586)
Proceeds from sales of loans held for sale 167,643 93,490
Originations of loans held for sale (163,730) (92,105)
Equity in earnings of unconsolidated subsidiaries (130) (79)
Distributions from unconsolidated subsidiaries 121 101
Net increase in cash surrender value of bank-owned life insurance (2,268) (854)
Deferred income taxes (2,129) 8,501
Net tax (expense) benefit from share-based compensation (134) 192
Net change in other assets and liabilities 15,798 (8,782)
Net cash provided by operating activities 57,058 37,969
Cash flows from investing activities:    
Proceeds from maturities of and calls on investment securities available-for-sale 123,720 121,881
Purchases of investment securities available-for-sale (147,359) 0
Proceeds from sale of MasterCard stock 0 2,555
Net loan originations (524,869) (121,756)
Purchases of loan portfolios (33,196) (49,327)
Proceeds from sale of foreclosed loans/other real estate owned 94 0
Proceeds from bank-owned life insurance 166 0
Net purchases of premises, equipment and land (11,699) (1,400)
Net return of capital from unconsolidated subsidiaries 0 622
Contributions to unconsolidated subsidiaries (2,194) 0
Net proceeds from redemption of (purchases of) FHLB stock 5,754 (1,179)
Net cash used in investing activities (589,583) (48,604)
Cash flows from financing activities:    
Net increase in deposits 674,662 30,359
Proceeds from long-term debt 65,944 0
Repayments of long-term debt 0 (20,619)
Net (decrease) increase in short-term borrowings (150,000) 24,000
Cash dividends paid on common stock (12,971) (12,633)
Repurchases of common stock and other related costs (4,749) (13,951)
Net cash provided by financing activities 572,886 7,156
Net increase (decrease) in cash and cash equivalents 40,361 (3,479)
Cash and cash equivalents at beginning of period 102,972 102,186
Cash and cash equivalents at end of period 143,333 98,707
Cash paid during the period for    
Interest 11,069 16,916
Income taxes 185 9,401
Net change in common stock held by directors’ deferred compensation plan 154 416
Net transfer of investment securities held-to-maturity to available-for-sale 0 (149,042)
Right-of-use lease assets obtained in exchange for lease liabilities $ 0 $ 55,887