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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 30,683 $ 28,171
Adjustments to reconcile net income to net cash provided by operations:    
Provision for credit loss expense 4,548 4,089
Depreciation and amortization of premises and equipment, operating leases assets, core deposit intangible, and mortgage servicing rights 3,483 3,390
Accretion of securities, deferred loan fees and costs, net yield and credit mark on acquired loans, and unearned income (1,741) (1,058)
Net amortization of deferred costs on borrowings 151 25
Accretion of deferred PPP processing fees (1,796) (4,370)
Net realized gains on sales of available-for-sale securities (651) 0
Net realized and unrealized (gains) losses on equity securities 1,035 (470)
Gain on sale of loans receivable (930) (1,568)
Net losses on dispositions of premises and equipment and foreclosed assets 40 245
Proceeds from sale of loans receivable 17,367 35,912
Origination of loans held for sale (23,168) (42,030)
Income on bank owned life insurance (1,254) (1,034)
Gain on bank owned life insurance (death benefit proceeds in excess of cash surrender value) (830) (410)
Restricted stock compensation expense 757 812
Changes in:    
Accrued interest receivable and other assets (13,770) (1,592)
Accrued interest payable, lease liabilities, and other liabilities 7,891 833
NET CASH PROVIDED BY OPERATING ACTIVITIES 21,815 20,945
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from maturities, prepayments and calls of available-for-sale securities 47,229 87,541
Proceeds from sales of available-for-sale securities 22,164 0
Purchase of available-for-sale securities (43,055) (190,818)
Proceeds from maturities, prepayments and calls of held-to-maturity securities 14,707 0
Purchases of held-to-maturity securities (213,853) 0
Purchase of equity securities (208) (201)
Net increase in loans receivable (265,410) (87,969)
Purchase of bank owned life insurance (2,750) (22,000)
Proceeds from death benefit of bank owned life insurance policies 0 1,390
Redemption (purchase) of FHLB, other equity, and restricted equity interests (1,208) (460)
Purchase of premises and equipment (3,991) (2,463)
Proceeds from the sale of premises and equipment and foreclosed assets 47 518
NET CASH USED BY INVESTING ACTIVITIES (446,328) (214,462)
Net change in:    
Checking, money market and savings accounts 68,376 355,307
Certificates of deposit (82,175) (32,286)
Purchase of treasury stock (1,671) (160)
Cash dividends paid, common stock (5,911) (5,731)
Cash dividends paid, preferred stock (2,150) (2,150)
Proceeds from issuance of subordinated notes, net of issuance costs 0 83,516
NET CASH PROVIDED (USED) BY FINANCING ACTIVITIES (23,531) 398,496
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (448,044) 204,979
CASH AND CASH EQUIVALENTS, Beginning 732,198 532,694
CASH AND CASH EQUIVALENTS, Ending 284,154 737,673
Cash paid during the period for:    
Interest 8,530 10,293
Income taxes 6,958 5,582
SUPPLEMENTAL NONCASH DISCLOSURES:    
Transfers to other real estate owned 0 314
Transfers from loans held for sale to loans held for investment 6,352 7,044
Transfers from available-for-sale to held-to-maturity 220,757 0
Grant of restricted stock awards from treasury stock 976 1,228
Grant of performance based restricted stock awards from treasury stock 173 262
Lease liabilities arising from obtaining right-of-use assets $ 6,188 $ 0