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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Operating Activities    
Net Income $ 34,903 $ 46,088
Adjustments to reconcile net income to net cash provided by operating activities:    
Originations of mortgage loans held for sale (143,277) (130,725)
Proceeds from the sale of mortgage loans 138,429 134,597
Gain on sale of mortgage loans, net of origination costs (1,191) (2,948)
(Credit) provision for credit losses 1,531 4,034
Depreciation and amortization expense 2,465 2,638
Investment securities amortization and accretion, net 3,653 3,118
Stock-based compensation expense 1,950 2,039
Amortization of core deposit intangible assets 444 469
Purchase accounting accretion, net (110) (197)
Net gain on sale of premises and equipment 0 (204)
Net loss on sale of investment securities 5,335 9
Net increase in derivative collateral posted 32,690 30,470
Increase in other assets (3,277) (774)
Increase (decrease) in other liabilities 5,260 (3,899)
Net cash provided by operating activities 78,805 84,715
Investing Activities    
Proceeds from sales of available-for-sale debt securities 61,343 8,723
Proceeds from maturities of available-for-sale debt securities 55,565 151,985
Purchase of available-for-sale debt securities 31,611 80,868
Proceeds from maturities of held-to-maturity securities 18,557 15,192
Purchase of held-to-maturity securities (20,981) (24,502)
Net increase in loans (58,285) (429,948)
Purchase of Federal Home Loan Bank stock (27,377) (29,104)
Proceeds from sale of Federal Home Loan Bank stock 25,631 24,276
Purchase of premises and equipment 1,730 1,348
Recoveries of previously charged-off loans 437 437
Proceeds from the sale of premises and equipment 0 466
Proceeds from the sale of other real estate owned 0 287
Net cash provided by (used in) investing activities 21,549 (364,404)
Financing Activities    
Net decrease in deposits (148,523) (40,285)
Net proceeds from borrowings less than 90 days 204,964 209,493
Common stock repurchases (2,000) (9,968)
Exercise of stock options and issuance of restricted stock, net of repurchase for tax withholdings (177) (374)
Cash dividends paid on common stock 18,406 17,671
Finance lease payments (125) (119)
Net cash provided by financing activities 35,733 141,076
Net increase (decrease) in cash, cash equivalents and restricted cash 136,087 (138,613)
Cash, cash equivalents, and restricted cash at beginning of period 75,427 220,625
Cash, cash equivalents and restricted cash at end of period 211,514 82,012
Supplemental information    
Interest paid 65,798 12,565
Income taxes paid 8,845 9,761
Cash dividends declared, not paid 6,131 5,861
Change in fair value hedges presented within residential real estate loans and other assets 9,095 0
Transfer from available-for-sale to held-to-maturity securities 0 592,438
Unsettled common stock repurchase $ 0 $ 272