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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 11,481 $ 12,600
Adjustments to reconcile net income to net cash provided by operations:    
Provision for credit loss expense 1,556 1,320
Depreciation and amortization of premises and equipment, operating leases assets, core deposit intangible, and mortgage servicing rights 2,059 1,898
Accretion of securities, deferred loan fees and costs, net yield and credit mark on acquired loans, and unearned income (1,605) (1,395)
Net amortization of deferred costs on borrowings 76 76
Net realized and unrealized (gains) losses on equity securities 249 (191)
Gain on sale of loans held for sale (34) (153)
Net (gains) losses on dispositions of premises and equipment and foreclosed assets (13) 45
Proceeds from sale of loans receivable 2,750 5,024
Origination of loans held for sale (2,848) (5,491)
Income on bank owned life insurance (760) (767)
Restricted stock compensation expense 455 883
Change in:    
Accrued interest receivable and other assets (667) (3,453)
Accrued interest payable, lease liabilities, and other liabilities (1,100) 2,064
NET CASH PROVIDED BY OPERATING ACTIVITIES 11,599 12,460
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from maturities, prepayments and calls of available-for-sale securities 19,608 9,227
Purchase of available-for-sale securities (58,805) (17,516)
Proceeds from maturities, prepayments and calls of held-to-maturity securities 24,167 7,495
Purchase of equity securities (86) (89)
Proceeds from sales of loans classified as portfolio loans 0 438
Net increase (decrease) in loans receivable (1,258) 36,878
Purchase of FHLB, other equity, and restricted equity interests (1,142) (1,006)
Purchase of premises and equipment (1,721) (2,437)
Proceeds from the sale of premises and equipment and foreclosed assets 1,230 119
NET CASH (USED) PROVIDED BY INVESTING ACTIVITIES (18,007) 33,109
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase in checking, money market and savings accounts 73,972 12,526
Net increase in certificates of deposit 14,742 26,277
Purchase of treasury stock (332) (210)
Cash dividends paid, common stock (3,777) (3,680)
Cash dividends paid, preferred stock (1,075) (1,075)
NET CASH PROVIDED BY FINANCING ACTIVITIES 83,530 33,838
NET INCREASE IN CASH AND CASH EQUIVALENTS 77,122 79,407
CASH AND CASH EQUIVALENTS, Beginning 443,035 222,046
CASH AND CASH EQUIVALENTS, Ending 520,157 301,453
Cash paid during the period for:    
Interest 33,782 30,919
Income taxes 389 493
SUPPLEMENTAL NONCASH DISCLOSURES:    
Transfers to other real estate owned 366 88
Transfers from loans held for sale to loans held for investment 0 691
Transfers from loans held for investment to loans held for sale 0 438
Grant of restricted stock awards from treasury stock 0 3,025
Grant of performance based restricted stock awards from treasury stock 167 179
Restricted stock forfeiture 90 50
Lease liabilities arising from obtaining right-of-use assets $ 0 $ 442