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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 43,889 $ 11,228
Adjustments to reconcile net income to net cash provided by operating activities:    
Net accretion of acquisition accounting estimates (14,734) (8,772)
Provision for credit losses 4,738 30,953
Depreciation and amortization 16,040 10,939
Net amortization of securities (546) 838
Amortization of debt issuance costs 122 122
Bargain purchase gain 0 (8,816)
Gain on mortgage loans held for sale (5,021) (2,978)
Gain on other mortgage loan activity (220) (499)
Proceeds from sale of mortgage loans held for sale 170,205 121,734
Originations of loans held for sale (176,415) (123,376)
Stock-based compensation expense 1,730 1,174
Deferred income tax expense 8,869 2,721
Losses on sales and calls of securities 0 2,166
Gain on sales of repossessed assets (3) 0
Loss on valuation adjustments on mortgage servicing rights 361 251
Loss on disposal of fixed assets 10 0
Gain on disposal of premises held for sale (737) 0
Valuation adjustments on premises transferred to held for sale 289 272
Gain on sales and valuation adjustments on other real estate owned 0 (3)
Fair value adjustments on loans held for investment, at fair value 257 (33)
Fair value adjustment on equity securities 55 (54)
Bank owned life insurance income (2,657) (1,997)
Net changes in:    
Accrued interest receivable (353) (724)
Other assets 4,770 (10,875)
Accrued interest payable (1,313) 2,095
Other liabilities (2,449) (3,653)
Net cash provided by operating activities 46,887 22,713
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from maturities and principal payments of investment securities available for sale 70,892 17,754
Proceeds from the sale of acquired available for sale securities 0 434,215
Proceeds from maturities and principal payments of investment securities held to maturity 48,960 44,801
Proceeds from life insurance death benefits 150 0
Purchase of investment securities available for sale (108,554) (33,226)
Purchases of investment securities held to maturity (17,512) 0
Proceeds from sale of loans held for investment 0 8,611
Purchases of equity securities (166) (79)
Purchases of restricted securities (36,157) (35,350)
Net change in loans (123,277) (317,283)
Purchases of premises and equipment (5,224) (5,954)
Proceeds from sales of other real estate owned 0 21
Proceeds from sales of repossessed assets 1,807 0
Redemption of restricted securities 33,804 32,959
Purchases of bank owned life insurance (210) (249)
Proceeds from disposal of premises held for sale 946 721
Cash acquired in the acquisition of TCFC, net of cash paid 0 25,372
Net cash (used in) provided by investing activities (134,541) 172,313
Net changes in:    
Noninterest-bearing deposits 304,778 (192,658)
Interest-bearing deposits (164,049) 435,894
Short-term borrowings 0 (109,000)
Long-term borrowings 50,000 0
Common stock dividends paid (16,013) (12,733)
Issuance of common stock 376 385
Net cash provided by financing activities 175,092 121,888
Net increase in cash and cash equivalents 87,438 316,914
Cash and cash equivalents at beginning of period 372,413 55,499
Cash and cash equivalents at end of period 459,851 372,413
Supplemental cash flows information:    
Interest paid 123,567 74,038
Income taxes paid 0 7,293
Recognition of lease liabilities arising from right-of-use assets 566 179
Transfers from loans to repossessed assets 5,119 0
Unrealized gains (losses) on available for sale securities (70) 2,101
Transfer of premises to held for sale (included in other assets) $ 1,387 $ 750