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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net income $ 53,747 $ 57,567
Adjustments to reconcile net income to net cash provided by operating activities:    
(Credit) provision for credit losses (1,844) (6,899)
Depreciation and amortization of premises and equipment 5,217 5,160
Non-cash lease expense (benefit) (341) (81)
Cash flows from operating leases (4,485) (4,927)
Loss on disposal of fixed assets 139 38
Amortization of mortgage servicing rights 1,115 2,800
Net amortization and accretion of premium/discounts on investment securities 3,522 7,557
Share-based compensation expense 2,353 2,437
Net gain on sales of investment securities (8,506) (150)
Net gain on sales of residential mortgage loans (1,626) (4,469)
Proceeds from sales of loans held for sale 73,763 113,094
Originations of loans held for sale (70,307) (97,228)
Equity in earnings of unconsolidated entities (171) (299)
Distributions from unconsolidated entities 180 368
Net decrease (increase) in cash surrender value of bank-owned life insurance 823 (3,357)
Deferred income taxes (36,447) (2,961)
Net tax benefit from share-based compensation 196 256
Net change in other assets and liabilities 64,673 6,009
Net cash provided by operating activities 82,001 74,915
Cash flows from investing activities:    
Proceeds from maturities of and calls on investment securities available-for-sale 150,319 229,868
Proceeds from sales of investment securities available-for-sale 0 279,539
Purchases of investment securities available-for-sale (89,063) (900,427)
Proceeds from maturities of and calls on investment securities held-to-maturity 23,712 0
Purchases of investment securities held-to-maturity 9,934 0
Proceeds from sale of Visa Class B common stock 8,506 0
Net loan (originations) repayments (70,246) 126,449
Purchases of loan portfolios (252,188) (209,916)
Purchases of bank-owned life insurance (1,300) (3,550)
Proceeds from bank-owned life insurance 1,864 2,107
Net purchases of premises, equipment and land (14,981) (20,110)
Contributions to unconsolidated entities (8,995) (2,912)
Net (purchases) proceeds from redemption of FHLB stock (5,582) 285
Net cash used in investing activities (267,888) (498,667)
Cash flows from financing activities:    
Net (decrease) increase in deposits (82,724) 719,745
Net increase (decrease) in short-term borrowings 115,000 (22,000)
Cash dividends paid on common stock (21,461) (20,010)
Repurchases of common stock and other related costs (15,817) (10,221)
Net proceeds from issuance of common stock and stock option exercises 679 1,013
Net cash (used in) provided by financing activities (4,323) 668,527
Net (decrease) increase in cash and cash equivalents (190,210) 244,775
Cash and cash equivalents at beginning of period 328,907 104,067
Cash and cash equivalents at end of period 138,697 348,842
Cash paid during the period for:    
Interest 7,185 5,777
Income taxes 5,576 20,377
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 673,254 0
Amortization of unrealized losses on investment securities transferred to held-to-maturity 4,295 0
Other intangible assets and services provided in exchange for Swell common stock $ 1,500 $ 0