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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities:    
Net income $ 37,032 $ 36,752
Adjustments to reconcile net income to net cash provided by operating activities:    
(Credit) provision for credit losses (2,206) (4,264)
Depreciation and amortization of premises and equipment 3,507 3,293
Non-cash lease expense (benefit) 1,337 (34)
Cash flows from operating leases (3,021) (3,325)
Loss on disposal of fixed assets 2 37
Amortization of mortgage servicing rights 863 2,082
Net amortization and accretion of premium/discounts on investment securities 2,518 5,715
Share-based compensation expense 904 1,340
Net gain on sales of investment securities (8,506) (50)
Net gain on sales of residential mortgage loans (1,339) (3,654)
Proceeds from sales of loans held for sale 61,903 89,016
Originations of loans held for sale (57,568) (74,036)
Equity in earnings of unconsolidated entities (113) (187)
Distributions from unconsolidated entities 157 288
Net decrease (increase) in cash surrender value of bank-owned life insurance 1,946 (2,685)
Deferred income taxes (34,300) (8,612)
Net tax benefit from share-based compensation 198 252
Net change in other assets and liabilities 44,237 17,212
Net cash provided by operating activities 47,551 59,140
Cash flows from investing activities:    
Proceeds from maturities of and calls on investment securities available-for-sale 88,229 169,385
Proceeds from sales of investment securities available-for-sale 0 174,971
Purchases of investment securities available-for-sale (89,069) (596,140)
Proceeds from maturities of and calls on investment securities held-to-maturity 11,184 0
Proceeds from sale of Visa Class B common stock 8,506 0
Net loan (originations) repayments (34,961) 3,765
Purchases of loan portfolios (165,703) (118,194)
Purchases of bank-owned life insurance 0 (3,550)
Proceeds from bank-owned life insurance 0 2,107
Net purchases of premises, equipment and land (11,819) (14,792)
Contributions to unconsolidated entities (8,995) (2,819)
Net (purchases) proceeds from redemption of FHLB stock (979) 88
Net cash used in investing activities (203,607) (385,179)
Cash flows from financing activities:    
Net (decrease) increase in deposits (17,097) 601,041
Net decrease in short-term borrowings 0 (22,000)
Cash dividends paid on common stock (14,354) (13,277)
Repurchases of common stock and other related costs (10,949) (4,327)
Net proceeds from issuance of common stock and stock option exercises 679 1,013
Net cash (used in) provided by financing activities (41,721) 562,450
Net (decrease) increase in cash and cash equivalents (197,777) 236,411
Cash and cash equivalents at beginning of period 328,907 104,067
Cash and cash equivalents at end of period 131,130 340,478
Cash paid during the period for:    
Interest 4,037 4,460
Income taxes 5,569 14,358
Supplemental disclosure of non-cash information:    
Net change in common stock held by directors’ deferred compensation plan (2,041) 191
Net transfer of investment securities available-for-sale to held-to-maturity 762,738 0
Amortization of unrealized losses on investment securities transferred to held-to-maturity 1,976 0
Other intangible assets and services provided in exchange for Swell common stock $ 1,500 $ 0