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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash Flows From Operating Activities:    
Net Income (loss) $ (135,613) $ (62,325)
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 277,629 54,228
(Reversal of) provision for unfunded commitments 1,424 (529)
Goodwill impairment 0 104,168
Depreciation and amortization 2,311 2,162
Gains (loss) on sale of residential mortgage loans 0 (57)
Loss on mortgage servicing rights 0 (1,512)
Securities premium amortization (discount accretion), net 3,410 4,178
Net gain on sale of other real estate owned (112) 0
Net increase in cash surrender value of bank owned life insurance (14,736) (2,143)
Net (gain) loss on sale of investment securities 3,832 (10)
Stock-based compensation expense 5,227 7,051
Decrease (increase) in other assets (61,253) 5,943
Increase (decrease) in other liabilities (47,708) 2,528
Net cash provided by operating activities 34,411 113,682
Cash Flows From Investing Activities:    
Purchases of available-for-sale investment securities (28,224) 0
Proceeds from maturities of available-for-sale securities 89,995 89,035
Proceeds from sale/call of available-for-sale securities 179,990 27,000
Proceeds from maturities of held-to-maturity securities 52,269 53,187
Proceeds from call of held-to-maturity securities 17,127 4,644
Purchases of Federal Reserve stock (189) (222)
Proceeds from (purchases of) Federal Home Loan Bank stock 23,647 (11,758)
Proceeds from sale of mortgage servicing rights 0 4,798
Net change in loans 226,683 (32,828)
Proceeds from sale of loans 18,500 0
(Purchase) redemption of bank owned life insurance (200,000) 0
Proceeds from sale of other real estate owned 769 656
Purchase of premises and equipment (4,882) (183)
Net cash (used in) provided by investing activities 375,685 134,329
Cash Flows From Financing Activities:    
Increase (decrease) in deposits 332,481 (267,189)
Increase (decrease) in customer repurchase agreements (19,432) 1,453
Decrease in short-term borrowings (490,000) (130,000)
Net proceeds from long-term borrowings 0 75,812
Proceeds from exercise of equity compensation plans (1,160) 0
Proceeds from employee stock purchase plan 308 347
Cash dividends paid (15,006) (40,634)
Net cash provided by (used in) financing activities (192,809) (360,211)
Net Increase (Decrease) in Cash and Cash Equivalents 217,287 (112,200)
Cash and Cash Equivalents at Beginning of Period 633,480 722,684
Cash and Cash Equivalents at End of Period 850,767 610,484
Supplemental Cash Flows Information:    
Interest paid 262,961 309,165
Income taxes paid 1,460 5,980
Supplemental Non-Cash Disclosures:    
Initial recognition of operating lease right-of-use assets 15,941 0
Transfer of loans held for investment to loans held for sale 158,916 5,000
Transfers from loans to other real estate owned $ 12,600 $ 2,370