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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities    
Net income $ 59,967 $ 62,187
Adjustments to reconcile net income to net cash from operating activities    
Depreciation and amortization 8,147 8,857
Provision for credit losses 5,900 5,900
Stock-based compensation expense 2,531 2,505
Stock grants to directors for retainer fee 423 317
Proceeds from sales of mortgage loans held for sale 269,166 143,323
Origination of mortgage loans held for sale (271,789) (144,886)
Net gain from sales of mortgage loans held for sale (8,030) (5,043)
Net gain from sales and valuation write-downs of foreclosed assets (290) (391)
Net loss (gain) from sales and valuation write-downs of former bank premises (83) 2
Net loss from sales and write-downs of fixed assets 0 369
Earnings on bank owned life insurance (2,058) (1,224)
Net (gain) loss on instruments designated at fair value and related derivatives 148 (21)
Net change in:    
Accrued interest receivable (2,608) (4,131)
Other assets (24,233) (13,015)
Accrued interest payable and other liabilities 4,069 19,163
Net cash from operating activities 41,260 73,912
Cash flows from investing activities    
Loan originations and payments, net (248,484) (188,007)
Purchases of securities available for sale (104,523) (13,017)
Proceeds from maturities, calls and repayments of securities available for sale 36,542 12,856
Proceeds from sales of foreclosed assets 290 452
Proceeds from sales of former bank premises 283 598
Purchases of Federal Home Loan Bank stock 0 (3,792)
Proceeds from bank owned life insurance death benefits claim 1,357 0
Net purchases of premises and equipment and lease activity (7,940) (6,141)
Net cash for investing activities (322,475) (197,051)
Cash flows from financing activities    
Net increase in time deposits 93,620 282,296
Net increase (decrease) in all other deposits 461,360 (94,372)
Net decrease in securities sold under agreements to repurchase (8,798) (30,258)
Maturities of Federal Home Loan Bank advances (60,827) (50,353)
Proceeds from Federal Home Loan Bank advances 10,000 200,000
Employee stock purchase plan 35 33
Dividend reinvestment plan 609 670
Payment of cash dividends to common shareholders (16,771) (15,662)
Net cash from financing activities 479,228 292,354
Net change in cash and cash equivalents 198,013 169,215
Cash and cash equivalents at beginning of period 130,533 96,772
Cash and cash equivalents at end of period 328,546 265,987
Supplemental disclosures of cash flows information    
Interest 95,035 48,664
Federal income tax 16,650 18,590
Noncash financing and investing activities:    
Transfers from bank premises to other real estate owned 0 600
Transfers from loans to foreclosed assets $ 0 $ 112