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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash Flows From Operating Activities:    
Net Income (loss) $ 1,675 $ (338)
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 26,255 35,175
(Reversal of) provision for unfunded commitments (297) 456
Depreciation and amortization 826 786
Loss on mortgage servicing rights 0 34
Securities premium amortization (discount accretion), net 1,155 1,432
Net gain on sale of other real estate owned (487) 0
Net increase in cash surrender value of bank owned life insurance (4,282) (703)
Net (gain) loss on sale of investment securities (4) (4)
Stock-based compensation expense 1,524 2,368
Decrease (increase) in other assets 7,262 (696)
Increase (decrease) in other liabilities 9,558 (35,664)
Net cash provided by operating activities 43,185 2,846
Cash Flows From Investing Activities:    
Proceeds from maturities of available-for-sale securities 28,273 26,883
Proceeds from sale/call of available-for-sale securities 50,000 27,000
Proceeds from maturities of held to maturity securities 15,148 16,027
Proceeds from call of held-to-maturity securities 52 52
Purchases of Federal Reserve stock (75) (71)
Proceeds from (purchases of) of Federal Home Loan Bank stock 372 (28,859)
Payments for (Proceeds from) Other Loans and Leases (34,899) (35,758)
(Purchase) redemption of bank owned life insurance (200,000) 0
Proceeds from sale of other real estate owned 772 656
Purchase of premises and equipment (138) (71)
Net cash (used in) provided by investing activities (140,495) 5,859
Cash Flows From Financing Activities:    
Increase (decrease) in deposits 146,190 (306,600)
(Decrease) increase in customer repurchase agreements (800) 6,472
Increase in short-term borrowings 0 300,000
Proceeds from employee stock purchase plan 81 79
Cash dividends paid (4,984) (13,468)
Net cash provided by (used in) financing activities 140,487 (13,517)
Net Increase (Decrease) in Cash and Cash Equivalents 43,177 (4,812)
Cash and Cash Equivalents at Beginning of Period 633,480 722,684
Cash and Cash Equivalents at End of Period 676,657 717,872
Supplemental Cash Flows Information:    
Interest paid 88,838 66,800
Supplemental Non-Cash Disclosures:    
Initial recognition of operating lease right-of-use assets 15,838 0
Transfer of loans held for investment to loans held for sale 15,251 0
Transfers from loans to other real estate owned $ 0 $ 400