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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 47,241 $ 46,142
Adjustments to reconcile net income to net cash from operating activities:    
Credit for credit losses (15) (472)
Provision (credit) for unfunded loans 721 (1)
Depreciation and amortization 3,475 2,429
Net amortization of securities 3,846 2,254
Available for sale security losses (gains) 36 (848)
Realized losses (gains) on equity securities 52 (141)
Loss on premises and equipment sales and disposals, net 20 52
Stock compensation expense 1,316 865
Earnings on bank owned life insurance (1,220) (884)
Income recognized from death benefit on bank owned life insurance 0 (40)
Origination of loans held for sale (86,710) (236,319)
Proceeds from loans held for sale 90,794 244,876
Net gains on sale of loans (1,820) (6,557)
Net change in other assets and liabilities 4,387 (11,399)
NET CASH FROM OPERATING ACTIVITIES 62,123 39,957
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from maturities and repayments of securities available for sale 63,340 48,681
Proceeds from sales of securities available for sale 2,624 35,176
Purchases of securities available for sale (239,140) (702,871)
Proceeds from sales of equity securities 60 87
Purchase of equity securities (65) (48)
Proceeds from maturities and repayments of SBIC funds 2,052 1,103
Purchases of SBIC funds (1,911) (784)
Proceeds from redemption of regulatory stock 1,705 2,145
Purchase of regulatory stock (5,833) (22)
Loan originations and payments, net (71,709) 185,293
Proceeds from BOLI death benefit 0 352
Proceeds from land and building sales 1,067 0
Additions to premises and equipment (4,757) (460)
Net cash paid in business combinations (1,033) 0
NET CASH FROM INVESTING ACTIVITIES (253,600) (431,348)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net change in deposits 19,916 255,535
Net change in short-term borrowings 155,000 (2,521)
Repayment of long-term borrowings 0 (26,980)
Cash dividends paid (16,248) (9,340)
Repurchase of common shares 0 (116)
NET CASH FROM FINANCING ACTIVITIES 158,668 216,578
NET CHANGE IN CASH AND CASH EQUIVALENTS (32,809) (174,813)
Beginning cash and cash equivalents 112,790 254,621
Ending cash and cash equivalents 79,981 79,808
Supplemental cash flow information:    
Interest paid 8,799 6,782
Supplemental noncash disclosures:    
Issuance of stock awards $ 2,184 $ 1,089