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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Operating activities    
Net income $ 17,966 $ 6,601
Adjustments to reconcile net income to net cash provided by operating activities:    
Deferred income taxes, net (1,359) (133)
Impairment of Tax Credit Investments 0 1,954
Provision for loan and lease losses (3,026) 8,651
SBA Recourse Provision (Benefit) 115 (5)
Derivative Credit Valuation Adjustment (376) 0
Depreciation, amortization and accretion, net 1,845 1,637
Loss on disposal of equipment 56 0
Share-based compensation 1,138 933
Net (gain) loss on sale of securities 29 (4)
Increase in bank-owned life insurance policies (699) (672)
Origination of loans held for sale 48,137 39,931
Sale of SBA loans originated for sale 53,054 32,303
Gain on sale of loans originated for sale (2,281) (839)
Net loss on foreclosed properties, including impairment valuation (1) (450)
Loan servicing right impairment valuation (78) 0
Excess tax (benefit) expense from share-based compensation (16) 19
Payments on operating lease liabilities (788) (775)
Payments received on operating leases 82 56
Net increase in accrued interest receivable and other assets 1,152 50,989
Net (decrease) increase in accrued interest payable and other liabilities (1,345) 42,042
Net cash provided by operating activities 14,971 1,306
Investing activities    
Proceeds from maturities, redemptions, and paydowns of available-for-sale securities 31,315 22,457
Proceeds from maturities, redemptions, and paydowns of held-to-maturity securities 3,969 2,844
Proceeds from sale of available-for-sale securities 14,955 839
Purchases of available-for-sale securities (35,559) (17,753)
Proceeds from sale of foreclosed properties 0 1,160
Net decrease (increase) in loans and leases 2,444 (343,016)
Returns of investments in limited partnerships 60 0
Investment in historic development entities 0 (259)
Distribution from historic development entities 57 30
Investment in low-income housing (1,307) 0
Investment in Federal Home Loan Bank and Federal Reserve Bank stock (6,314) (6,892)
Proceeds from the sale of Federal Home Loan Bank stock 6,440 1,375
Purchases of leasehold improvements and equipment, net (135) (141)
Proceeds from sale of leasehold improvements and equipment 12 0
Purchases of bank-owned life insurance policies 0 8,000
Net cash provided (used) in investing activities 15,937 (347,356)
Financing activities    
Net increase in deposits 305,191 179,996
Proceeds from Federal Home Loan Bank advances 510,300 498,500
Repayment of Federal Home Loan Bank advances (517,000) (383,243)
Loss on early extinguishment of debt 0 744
Proceeds from the Federal Reserve Paycheck Protection Program Lending Facility 0 29,605
Net increase in long-term borrowed funds 7,653 27
Cash dividends paid (3,097) (2,824)
Proceeds from issuance of common stock under ESPP 81 0
Purchase of treasury stock (968) (1,466)
Net cash provided by financing activities 302,160 321,339
Net increase (decrease) in cash and cash equivalents 333,068 (24,711)
Cash and cash equivalents at the beginning of the period 56,909 67,102
Cash and cash equivalents at the end of the period 389,977 42,391
Cash paid during the period for:    
Interest paid on deposits and borrowings 7,469 11,064
Income taxes paid 7,658 1,356
Increase in right-of-use exchange for operating lease liability 316 0
Transfer from loans and leases to foreclosed properties $ 149 $ 80