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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income (Loss) $ 46,885 $ 54,655
Proceeds from sales of loans held for sale 133,935 126,762
Originations of loans held for sale (134,855) (125,845)
Items not requiring (providing) cash:    
Depreciation 6,230 6,600
Amortization 526 455
Compensation expense for stock option grants 1,299 1,195
Provision for credit losses on loans 1,700 1,500
Credit for unfunded commitments (540) (3,640)
Net gain on loan sales (2,880) (1,882)
Net loss on sale of premises and equipment 16 18
Net (gain) loss on sale/write-down of other real estate owned and repossessions (491) 41
Accretion of deferred income, premiums, discounts and other (10,461) (10,454)
Loss on derivative interest rate products 57 234
Net non-cash gain recorded on contract termination (2,762)  
Deferred income taxes (544) 845
Changes in:    
Interest receivable (1,056) (259)
Prepaid expenses and other assets 3,977 (7,704)
Accrued expenses and other liabilities (6,583) 23,250
Income taxes refundable/payable (175) 1,114
Net cash provided by operating activities 34,278 66,885
CASH FLOWS FROM INVESTING ACTIVITIES    
Net change in loans (123,795) (54,526)
Purchase of loans (6,251) (400)
Purchase of premises and equipment (3,492) (6,171)
Proceeds from sale of premises and equipment 96 233
Proceeds from sale of other real estate owned and repossessions 11,012 280
Proceeds from maturities and calls of available-for-sale securities   1,022
Principal reductions on mortgage-backed securities 27,151 25,674
Purchase of available-for-sale securities (92,631)  
Investment in tax credit partnerships (11,997) (26,780)
Redemption of Federal Home Loan Bank stock and change in other interest-earning assets 8,401 (5,224)
Net cash used in investing activities (191,506) (65,892)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase (decrease) in certificates of deposit (5,062) 83,533
Net increase (decrease) in checking and savings deposits (19,111) 83,739
Net increase (decrease) in short-term borrowings 14,622 (124,144)
Proceeds from borrowing under Federal Reserve Bank Term Funding Program 180,000  
Advances from borrowers for taxes and insurance 4,679 3,637
Repurchase of the Company's common stock (12,469) (19,738)
Dividends paid (14,036) (14,535)
Stock options exercised 5,637 310
Net cash provided by financing activities 154,260 12,802
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (2,968) 13,795
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 211,333 168,520
CASH AND CASH EQUIVALENTS, END OF PERIOD $ 208,365 $ 182,315