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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating Activities    
Net Income $ 7,326 $ 13,272
Adjustments to reconcile net income to net cash provided by operating activities:    
Originations of mortgage loans held for sale (41,934) (40,732)
Proceeds from the sale of mortgage loans 42,320 41,913
Gain on sale of mortgage loans, net of origination costs (497) (470)
Provision (credit) for credit losses 9,429 (2,102)
Depreciation and amortization expense 1,512 815
Investment securities amortization and accretion, net (400) 442
Stock-based compensation expense 827 782
Amortization of core deposit intangible assets 1,473 139
Purchase accounting accretion, net (4,368) (26)
Deferred Income Taxes and Tax Credits (678) 541
(Decrease) Increase in other assets (537) 888
Increase (Decrease) In Derivative Collateral Received From Counterparties (1,340) 6,460
Decrease in other liabilities (12,099) (4,163)
Net cash provided by operating activities 1,034 17,759
Investing Activities    
Cash received in Northway acquisition 48,261 0
Proceeds from sales of available-for-sale debt securities 56,432 0
Purchase of available-for-sale debt securities (75,582) 0
Proceeds from maturities of available-for-sale debt securities 22,025 17,392
Proceeds from maturities and recoveries of held-to-maturity securities 7,442 6,860
Purchase of held-to-maturity securities 5,000 0
Net decrease (increase) in loans 11,163 (27,493)
Purchase of Federal Home Loan Bank and Federal Reserve Bank stock (10,623) (4,639)
Proceeds from sale of Federal Home Loan Bank stock 9,438 3,641
Purchase of premises and equipment 1,761 545
Recoveries of previously charged-off loans 171 0
Net cash provided by (used in) investing activities 61,966 (4,784)
Financing Activities    
Net decrease in deposits (7,418) (45,836)
Net proceeds from borrowings less than 90 days 1,316 25,892
Proceeds from the Bank Term Funding Program 0 225,000
Repayment of Bank Term Funding Program 0 (135,000)
Payments of FHLBank Borrowings, Financing Activities (45,000) 0
Issuance of restricted stock, net of repurchase for tax withholdings (153) 65
Cash dividends paid on common stock 7,097 6,137
Finance lease payments (197) (44)
Net cash (used in) provided by financing activities (58,549) 63,940
Net increase in cash, cash equivalents and restricted cash 4,451 76,915
Cash, cash equivalents, and restricted cash at beginning of period 214,963 99,804
Cash, cash equivalents and restricted cash at end of period 219,414 176,719
Supplemental information    
Interest paid 29,476 28,528
Income taxes paid 126 103
Cash dividends declared, not paid 7,097 6,137
Change in fair value hedges presented within residential real estate loans and other assets 2,131 4,416
Assets acquired in Northway acquisition, excluding cash received 1,165,001 0
Liabilities assumed in Northway acquisition 1,116,771 0
Common stock issued for Northway acquisition $ 96,490 $ 0