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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 59,346 $ 41,525
Proceeds from sales of loans held for sale 280,764 220,910
Originations of loans held for sale (265,557) (228,836)
Items not requiring (providing) cash:    
Depreciation 7,288 7,478
Amortization 1,330 1,344
Compensation expense for stock option grants 895 837
Provision (credit) for credit losses on loans (3,700) 14,371
Provision (credit) for unfunded commitments (338)  
Net gains on loan sales (7,643) (5,308)
Net realized gains on sales of available-for-sale securities   (78)
Net (gains) losses on sale of premises and equipment (7) 19
Net (gains) losses on sale/write-down of other real estate owned and repossessions (86) 31
Accretion of deferred income, premiums, discounts and other (7,515) (4,076)
Loss (gain) on derivative interest rate products (341) 424
Deferred income taxes 1,998 (12,400)
Changes in:    
Interest receivable 1,503 (984)
Prepaid expenses and other assets 8,263 311
Accrued expenses and other liabilities 842 (1,912)
Income taxes refundable/payable 705 2,124
Net cash provided by operating activities 77,747 35,780
CASH FLOWS FROM INVESTING ACTIVITIES    
Net change in loans 350,917 (268,313)
Purchase of loans and loan participations (79,403) (3,675)
Purchase of premises and equipment (3,976) (6,609)
Proceeds from sale of premises and equipment 453 527
Proceeds from sale of other real estate owned and repossessions 1,723 3,461
Capitalized costs on other real estate owned   (126)
Proceeds from termination of interest rate derivative   45,864
Proceeds from sales of available-for-sale securities   19,236
Proceeds from maturities and calls of available-for-sale securities 6,330 26,940
Principal reductions on mortgage-backed securities 41,615 19,650
Purchase of available-for-sale securities (80,905) (118,296)
Redemption of Federal Home Loan Bank stock and change in other interest-earning assets 3,151 2,437
Net cash provided by (used in) investing activities 239,905 (278,904)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net decrease in certificates of deposit (335,031) (210,626)
Net increase in checking and savings deposits 328,324 694,288
Net increase (decrease) in short-term borrowings 3,276 (156,064)
Advances from borrowers for taxes and insurance 1,360 4,357
Proceeds from issuance of subordinated notes   73,513
Redemption of subordinated notes (75,000)  
Dividends paid (13,988) (28,691)
Purchase of the Company's common stock (23,773) (15,867)
Stock options exercised 2,643 325
Net cash provided by (used in) financing activities (112,189) 361,235
INCREASES IN CASH AND CASH EQUIVALENTS 205,463 118,111
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 563,729 220,155
CASH AND CASH EQUIVALENTS, END OF PERIOD $ 769,192 $ 338,266