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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities:    
Net income $ 58,085 $ 24,532
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 6,067 5,924
Net amortization of premiums on securities 3,845 2,313
(Benefit) provision for credit losses (7,144) 21,689
Share-based compensation 1,316 990
Deferred income tax expense (benefit) (6,885) (2,692)
Proceeds from sale of loans held for sale 63,331 63,995
Originations of loans held for sale (62,474) (64,586)
Income on company owned life insurance (2,126) (1,397)
Net gain on sale of loans held for sale (2,468) (2,261)
Net gain on investment securities (71) (1,449)
Net gain on other assets (286) (8)
Noncash restructuring charges against assets 76
Decrease (increase) in other assets (2,513) (42,243)
(Decrease) increase in other liabilities (9,286) 15,491
Net cash provided by operating activities 39,467 20,298
Cash flows from investing activities:    
Purchases of available for sale securities (650,713) (215,433)
Purchases of held to maturity securities (17,009) (6,008)
Proceeds from principal payments, maturities and calls on available for sale securities 115,688 85,766
Proceeds from principal payments, maturities and calls on held to maturity securities 69,954 73,120
Proceeds from sales of securities available for sale 51,891 50,207
Net loan originations (59,841) (361,935)
Purchases of company owned life insurance, net of proceeds received (20,013) (8)
Proceeds from sales of other assets 3,425 482
Purchases of premises and equipment (8,357) (2,800)
Cash consideration paid for acquisition, net of cash acquired (1,420) 0
Net cash used in investing activities (516,395) (376,609)
Cash flows from financing activities:    
Net increase in deposits 696,596 809,253
Net decrease in short-term borrowings (5,300) (270,200)
Repurchase of preferred stock (43)
Purchases of common stock for treasury (5,967) (196)
Cash dividends paid to common and preferred shareholders (13,810) (13,423)
Net cash provided by financing activities 671,476 525,434
Net increase in cash and cash equivalents 194,548 169,123
Cash and cash equivalents, beginning of period 93,878 112,947
Cash and cash equivalents, end of period $ 288,426 $ 282,070