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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 16,987 $ 18,868
Proceeds from sales of loans held for sale 33,902 85,380
Originations of loans held for sale (23,872) (94,811)
Items not requiring (providing) cash:    
Depreciation 2,227 2,411
Amortization 262 510
Compensation expense for stock option grants 350 298
Provision for credit losses on loans   300
Provision (credit) for unfunded commitments (193) (674)
Net gain on loan sales (1,134) (2,688)
Net loss on sale of premises and equipment 3 6
Net loss on sale/write-down of other real estate owned and repossessions 9 36
Net gain on sale of available-for-sale investments (7)  
Accretion of deferred income, premiums, discounts and other (1,357) (2,354)
Gain on derivative interest rate products (152) (474)
Deferred income taxes 203 970
Changes in:    
Interest receivable (1,753) (234)
Prepaid expenses and other assets 533 13,662
Accrued expenses and other liabilities 2,362 312
Income taxes refundable/payable 3,019 3,014
Net cash provided by operating activities 31,389 24,532
CASH FLOWS FROM INVESTING ACTIVITIES    
Net change in loans (66,914) 14,623
Purchase of loans (37,244) (12,078)
Purchase of premises and equipment (1,473) (1,164)
Proceeds from sale of premises and equipment 11 10
Proceeds from sale of other real estate owned and repossessions 437 439
Proceeds from sale of available-for-sale securities 4,936  
Proceeds from maturities and calls of available-for-sale securities 750 5,250
Principal reductions on mortgage-backed securities 26,146 14,786
Purchase of available-for-sale securities (245,183) (80,904)
Redemption of Federal Home Loan Bank stock and change in other interest-earning assets 91 3,151
Net cash used in investing activities (318,443) (55,887)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net decrease in certificates of deposit (62,978) (139,165)
Net increase in checking and savings deposits 214 249,198
Net increase (decrease) in short-term borrowings 12,006 (22,390)
Advances from borrowers for taxes and insurance 1,178 373
Dividends paid (4,732) (4,676)
Purchase of the Company's common stock (25,319) (3,780)
Stock options exercised 2,456 622
Net cash provided by (used in) financing activities (77,175) 80,182
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (364,229) 48,827
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 717,267 563,729
CASH AND CASH EQUIVALENTS, END OF PERIOD $ 353,038 $ 612,556