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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Operating activities    
Net Income (Loss) $ 29,830 $ 27,257
Adjustments to reconcile net income to net cash provided by operating activities:    
Deferred income taxes, net 565 (733)
Provision for credit losses 6,126 5,610
Depreciation, amortization and accretion, net 2,723 2,838
Share-based compensation 1,938 2,349
Net loss on disposal of fixed assets 10 73
Net loss on sale of securities 8 45
Amortization of tax credit investments 3,888 2,882
Bank-owned life insurance policy income (1,231) (1,106)
Originations of loans for sale (103,865) (115,925)
Sale of loans originated for sale 101,285 116,160
Gain on sale of loans originated for sale (1,004) (1,771)
Net loss on repossessed assets 162 9
Return on investment in limited partnerships 1,481 3,542
Excess tax benefit expense from share-based compensation 172 185
Net payments on operating lease liabilities (1,099) (1,061)
Net decrease in accrued interest receivable and other assets (10,465) (8,870)
Net increase in accrued interest payable and other liabilities 5,003 7,474
Net cash provided by operating activities 35,527 38,958
Investing activities    
Proceeds from maturities, redemptions, and paydowns of available-for-sale securities 60,688 16,536
Proceeds from maturities, redemptions, and paydowns of held-to-maturity securities 1,586 3,932
Proceeds from sale of available-for-sale securities 7,533 5,028
Purchases of available-for-sale securities (79,066) (88,563)
Proceeds from sale of repossessed assets 18 25
Net increase in loans and leases (203,422) (321,570)
Investments in limited partnerships (1,200) (1,106)
Returns of investments in limited partnerships 22 7
Investment in tax credit investments (13,417) (11,430)
Distribution from tax credit investments 130 33
Proceeds from sale of tax credit 1,645 0
Investment in Federal Home Loan Bank stock (20,555) (30,540)
Proceeds from the sale of Federal Home Loan Bank stock 19,822 34,824
Purchases of leasehold improvements and equipment, net (181) (2,574)
Proceeds from sale of leasehold improvements and equipment 30 0
Net cash used in investing activities (226,367) (395,398)
Financing activities    
Net increase in deposits 173,168 488,801
Repayment of Federal Home Loan Bank advances (908,205) (1,536,255)
Proceeds from Federal Home Loan Bank advances 921,155 1,434,375
Repayment of subordinated notes and debentures (15,000) 0
Proceeds from issuance of subordinated notes and debentures 20,000 15,000
Net increase (decrease) in long-term borrowed funds 243 (6,037)
Cash dividends paid (6,242) (5,687)
Preferred stock dividends paid (656) (656)
Proceeds from issuance of common stock under ESPP 96 87
Purchase of treasury stock (1,257) (2,955)
Net cash provided by financing activities 183,302 386,673
Net (decrease) increase in cash and cash equivalents (7,538) 30,233
Cash and cash equivalents at the beginning of the period 139,510 102,682
Cash and cash equivalents at the end of the period 131,972 132,915
Cash paid during the period for:    
Interest paid on deposits and borrowings 82,002 51,092
Net income taxes paid 853 5,022
Non-cash investing and financing activities:    
Transfer of repossessed assets to loans $ 10 $ 0