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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 25,437 $ 25,557
Adjustments to reconcile net income to net cash provided by operations:    
Provision for credit loss expense 5,894 3,911
Depreciation and amortization of premises and equipment, operating leases assets, core deposit intangible, and mortgage servicing rights 3,900 3,921
Accretion of securities, deferred loan fees and costs, net yield and credit mark on acquired loans, and unearned income (3,414) (2,467)
Net amortization of deferred costs on borrowings 152 152
Net realized and unrealized gains on equity securities (318) (111)
Gain on sale of loans held for sale (119) (344)
Net losses on dispositions of premises and equipment and foreclosed assets 140 88
Proceeds from sale of loans receivable 8,775 11,906
Origination of loans held for sale (9,163) (12,439)
Income on bank owned life insurance (1,556) (1,551)
Gain on bank owned life insurance (death benefit proceeds in excess of cash surrender value) (180) 0
Restricted stock compensation expense 1,100 1,365
Change in:    
Accrued interest receivable and other assets 6 (13,187)
Accrued interest payable, lease liabilities, and other liabilities 1,175 6,099
NET CASH PROVIDED BY OPERATING ACTIVITIES 31,829 22,900
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from maturities, prepayments and calls of available-for-sale securities 50,848 21,234
Purchase of available-for-sale securities (93,211) (41,313)
Proceeds from maturities, prepayments and calls of held-to-maturity securities 36,540 34,890
Purchase of equity securities (163) (242)
Proceeds from sales of loans classified as portfolio loans 0 11,182
Net increase in loans receivable (125,882) (23,532)
Proceeds from death benefit of bank owned life insurance policies 884 0
Purchase of FHLB, other equity, and restricted equity interests (1,490) (9,404)
Purchase of premises and equipment (4,087) (8,742)
Proceeds from the sale of premises and equipment and foreclosed assets 1,451 188
NET CASH USED BY INVESTING ACTIVITIES (135,110) (15,739)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase in checking, money market and savings accounts 68,701 104,241
Net increase in certificates of deposit 27,017 7,854
Purchase of treasury stock (332) (652)
Cash dividends paid, common stock (7,579) (7,355)
Cash dividends paid, preferred stock (2,150) (2,150)
NET CASH PROVIDED BY FINANCING ACTIVITIES 85,657 101,938
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (17,624) 109,099
CASH AND CASH EQUIVALENTS, Beginning 443,035 222,046
CASH AND CASH EQUIVALENTS, Ending 425,411 331,145
Cash paid during the period for:    
Interest 65,794 64,316
Income taxes 3,700 5,298
SUPPLEMENTAL NONCASH DISCLOSURES:    
Transfers to other real estate owned 424 275
Transfers from loans held for sale to loans held for investment 317 1,239
Transfers from loans held for investment to loans held for sale 0 438
Grant of restricted stock awards from treasury stock 2,654 3,025
Grant of performance based restricted stock awards from treasury stock 167 179
Restricted stock forfeiture 220 100
Lease liabilities arising from obtaining right-of-use assets $ 0 $ 442