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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities    
Net (loss) income $ 12,411 $ 26,175
Adjustments to reconcile net income to net cash provided by operating activities:    
Net premium amortization (discount accretion) 1,319 (690)
Depreciation and amortization expense 3,536 4,014
Provision for loan losses 3,575 (10)
Share-based compensation 1,608 1,428
Gains on sales of loans originated for sale (1,305) (4,253)
Fair value adjustments on loans held for sale 1,405 273
Mortgage loans originated for sale (72,247) (150,652)
Proceeds from sales of loans originated for sale 67,554 159,425
Gains on sale of portfolio loans (306) 0
Writedown of OREO and premises held for sale 1,297 0
Net loss on disposal of premises and equipment 483 0
Deferred income tax benefit (2,489) (267)
Investment securities losses (gains) 163 (635)
Provision for legal settlement 13,000 0
Return on investments in limited partnerships (964) 0
Loss on derivative terminations 0 514
Income from life insurance (1,742) (1,690)
(Increase) decrease in accrued interest receivable (978) 912
Increase (decrease) in other liabilities 20,271 (221)
Other, net (8,833) (4,108)
Net cash provided by operating activities 37,758 30,215
Cash flows from investing activities    
Proceeds from sales of AFS securities 3,075 149,038
Maturities, repayments and calls of AFS securities 42,442 30,525
Purchases of AFS securities (139,580) (156,912)
Net redemptions of restricted investments in bank stocks 783 3,512
Net distributions from investments in limited partnerships 1,410 0
Net (increase) decrease in loans (109,424) 41,504
Proceeds from sales of portfolio loans 4,443 0
Purchases of bank premises and equipment (805) (891)
Death benefit proceeds from life insurance contracts 142 0
Net cash (used in) provided by investing activities (197,514) 66,776
Cash flows from financing activities    
Net increase in deposits 40,917 145,203
Net increase in borrowings with original maturities less than 90 days (2,236) 8,129
Payments on FHLB advances and other borrowings (329) (56,042)
Settlement of terminated derivatives 0 (525)
Dividends paid (6,244) (6,152)
Acquisition of treasury stock (14,056) (1,069)
Shares repurchased as treasury stock for employee taxes associated with restricted stock vesting (262) (514)
Proceeds from issuance of employee stock purchase plan shares 183 136
Net cash provided by financing activities 17,973 89,166
Net (decrease) increase in cash and cash equivalents (141,783) 186,157
Cash and cash equivalents at beginning of period 208,710 125,258
Cash and cash equivalents at end of period 66,927 311,415
Cash paid during the period for:    
Interest 3,917 5,007
Income taxes 3,400 4,100
Supplemental schedule of noncash activities:    
Loans transferred from LHFS to portfolio loans 1,510 0
Premise and equipment transferred to held for sale 2,844 0
Lease liabilities arising from obtaining ROU assets $ 94 $ 1,392