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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 47,396 $ 43,316
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation expense 2,362 2,296
Provision for credit losses 6,460 (53)
Net amortization of debt securities 4,391 5,337
Deferred income tax expense (benefit) 2,492 (245)
Stock-based compensation 1,559 1,602
Net accretion of discount and deferred loan fees on loans (5,312) (4,320)
Net realized loss on sales of securities 1,820 0
Net unrealized loss on equity securities 61 447
Net loss (gain) on disposals of bank premises and equipment (84) 8
Net gain on sales of bank premises held for sale (75) (187)
Impairment losses on bank premises held for sale 0 61
Net gain on sales of foreclosed assets (632) (118)
Write-down of foreclosed assets 189 310
Amortization of intangibles 1,950 733
Decrease (increase) in mortgage servicing rights 460 (2,446)
Amortization of discount and issuance costs on subordinated notes and debentures 104 109
Amortization of discount on Federal Home Loan Bank advances 275 0
Amortization of premium on interest-bearing time deposits with banks 0 5
Amortization of premium on time deposits (330) (164)
Mortgage loans originated for sale (53,187) (50,467)
Proceeds from sale of mortgage loans 52,976 54,379
Net gain on sale of mortgage loans (1,125) (1,267)
Increase in cash surrender value of bank owned life insurance (408) (122)
Increase in accrued interest receivable (828) (1,980)
Decrease in other assets 12,530 289
Increase (decrease) in other liabilities (20,198) 1,583
Net cash provided by operating activities 52,846 49,106
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from maturities of interest-bearing time deposits with banks 249 485
Purchase of interest-bearing time deposits with banks (500) 0
Proceeds from sales of securities available-for-sale 185,280 0
Proceeds from paydowns, maturities, and calls of debt securities 74,616 129,629
Purchase of securities (3,010) (368,794)
Purchase of loans (49,859) 0
Net increase in loans (32,506) (74,769)
Purchase of restricted stock (20,143) (1,311)
Proceeds from redemption of restricted stock 19,765 0
Purchases of bank premises and equipment (1,951) (683)
Proceeds from sales of bank premises and equipment 222 8
Proceeds from sales of bank premises held for sale 310 1,297
Proceeds from sales of foreclosed assets 3,274 476
Net cash paid for acquisition of Town and Country (14,454) 0
Net cash provided by (used in) investing activities 161,293 (313,662)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net decrease in deposits (109,043) (94,578)
Net decrease in repurchase agreements (14,181) (13,126)
Net decrease (increase) in Federal Home Loan Bank advances (69,064)  
Net decrease (increase) in Federal Home Loan Bank advances   60,000
Taxes paid related to the vesting of restricted stock units (181) (57)
Repurchase of common stock (7,488) (4,783)
Cash dividends and dividend equivalents paid (16,428) (13,953)
Net cash used in financing activities (216,385) (66,497)
NET DECREASE IN CASH AND CASH EQUIVALENTS (2,246) (331,053)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR 114,159 409,268
CASH AND CASH EQUIVALENTS AT END OF PERIOD 111,913 78,215
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid for interest 21,788 4,851
Cash paid for income taxes 15,867 13,805
SUPPLEMENTAL DISCLOSURES OF NONCASH INVESTING ACTIVITIES    
Transfers of loans to foreclosed assets 1,049 27
Transfers of bank premises and equipment to bank premises held for sale $ 35 $ 0