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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Operating activities    
Net income $ 36,329 $ 38,564
Adjustments to reconcile net income to net cash provided by operating activities    
Provision for credit losses 36 2,515
Depreciation and amortization of premises and equipment 2,882 3,301
Accretion of discounts on investments (644) (465)
Amortization of intangible assets 1,483 1,596
Accretion on acquired loans (1,422) (2,035)
Equity-based compensation expense 1,419 403
Issuance of common stock to 401(k) plan 0 3
Gain on sale of premises and equipment, net (4) (815)
Loss on sale of other real estate owned 4 29
Decrease in accrued interest receivable 86 998
Increase (decrease) in other operating activities 2,210 (1,273)
Net cash provided by operating activities 42,379 42,821
Investing activities    
Proceeds from maturities, prepayments, and calls of securities available-for-sale 102,697 157,962
Payments to acquire securities available-for-sale (59,572) (39,987)
Net decrease in loans 82,729 125,706
Proceeds from the sale of FHLB stock, net 29 265
Proceeds from bank owned life insurance 0 585
Proceeds from sale of premises and equipment 6 1,129
Payments to acquire premises and equipment (1,798) (2,654)
Proceeds from sale of other real estate owned 444 440
Net cash provided by investing activities 124,535 243,446
Financing activities    
Decrease in noninterest-bearing deposits, net (17,945) (62,197)
Decrease in interest-bearing deposits, net (42,709) (875)
Increase (decrease) in securities sold under agreements to repurchase, net 523 (165)
Proceeds from stock options exercised 242 950
Payments for repurchase of common stock (1,851) (8,717)
Payments of common dividends (54,923) (16,345)
Net cash used in financing activities (116,663) (87,349)
Net increase in cash and cash equivalents 50,251 198,918
Cash and cash equivalents at beginning of period 377,454 116,420
Cash and cash equivalents at end of period 427,705 315,338
Supplemental disclosure -- cash flow information    
Cash paid for interest 12,502 14,254
Cash paid for income taxes 9,730 11,002
Supplemental transactions -- noncash items    
Transfer of loans to other real estate owned 192 623
Increase (decrease) in other comprehensive income (loss), net of taxes $ 3,117 $ 2,542