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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 54,655 $ 53,344
Proceeds from sales of loans held for sale 126,762 78,776
Originations of loans held for sale (125,845) (70,073)
Items not requiring (providing) cash:    
Depreciation 6,600 6,369
Amortization 455 861
Compensation expense for stock option grants 1,195 1,054
Provision for credit losses on loans 1,500 2,000
Provision (credit) for unfunded commitments (3,640) 3,345
Net gain on loan sales (1,882) (2,234)
Net (gain) loss on sale of premises and equipment 18 (1,071)
Net (gain) loss on sale/write-down of other real estate owned and repossessions 41 (125)
Net gain on sale of available-for-sale investments   (38)
Accretion of deferred income, premiums, discounts and other (4,379) (6,208)
(Gain) loss on derivative interest rate products 234 (385)
Deferred income taxes 845 (536)
Changes in:    
Interest receivable (259) (3,082)
Prepaid expenses and other assets (40,559) (16,534)
Accrued expenses and other liabilities 23,250 5,683
Income taxes refundable/payable 1,114 2,800
Net cash provided by operating activities 40,105 53,946
CASH FLOWS FROM INVESTING ACTIVITIES    
Net change in loans (54,526) (192,105)
Purchase of loans (400) (294,762)
Purchase of premises and equipment (6,171) (15,876)
Proceeds from sale of premises and equipment 233 3,830
Proceeds from sale of other real estate owned and repossessions 280 2,192
Proceeds from sale of available-for-sale securities   10,095
Proceeds from maturities and calls of available-for-sale securities 1,022 750
Principal reductions on mortgage-backed securities 25,674 63,539
Purchase of available-for-sale securities   (342,010)
Purchase of Federal Home Loan Bank stock and change in other interest-earning assets (5,224) (24,599)
Net cash used in investing activities (39,112) (788,946)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase in certificates of deposit 83,533 399,587
Net increase (decrease) in checking and savings deposits 83,739 (212,570)
Net increase (decrease) in short-term borrowings (124,144) 84,351
Advances from borrowers for taxes and insurance 3,637 3,987
Dividends paid (14,535) (14,281)
Purchase of the Company's common stock (19,738) (59,255)
Stock options exercised 310 4,920
Net cash provided by financing activities 12,802 206,739
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 13,795 (528,261)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 168,520 717,267
CASH AND CASH EQUIVALENTS, END OF PERIOD $ 182,315 $ 189,006