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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash Flows from Operating Activities:    
Net income $ 33,705 $ 23,514
Adjustments to reconcile net income to net cash provided by operating activities:    
Reversal of credit losses on loans (63) (2,049)
Reversal of credit losses on unfunded loan commitments (318) (1,202)
Noncash contribution expense to employee stock ownership plan 1,233 999
Noncash director compensation expense 355 216
Stock-based compensation expense 642 951
Amortization of core deposit intangible 1,124 742
Amortization of investment security premiums, net of accretion of discounts 7,139 3,222
Amortization of premiums (accretion of discounts) on acquired loans, net 143 (201)
Accretion of discount on subordinated debenture 0 1,347
Net change in deferred loan origination costs/fees (2,484) (1,135)
Write-down of other real estate owned 345 0
Losses (gains) on sale of investment securities, net 63 (1)
Depreciation and amortization 1,259 1,279
Earnings on bank-owned life insurance policies (933) (1,892)
Net changes in interest receivable and other assets 2,230 5,615
Net changes in interest payable and other liabilities (5,489) 921
Total adjustments 5,246 8,812
Net cash provided by operating activities 38,951 32,326
Cash Flows from Investing Activities:    
Purchase of held-to-maturity securities (293,720) (133,493)
Purchase of available-for-sale securities (243,459) (355,156)
Proceeds from sale of available-for-sale securities 10,664 4,099
Proceeds from paydowns/maturities of held-to-maturity securities 33,198 65,497
Proceeds from paydowns/maturities of available-for-sale securities 112,793 66,981
Loan principal collected, net of originations 97,935 193,265
Purchase of bank-owned life insurance policies 0 (1,943)
Cash receipts from bank-owned life insurance policies 350 2,478
Purchase of premises and equipment (762) (833)
Cash acquired from American River Bankshares 0 140,577
Cash paid for low income housing tax credit investment (30) (396)
Net cash used in investing activities (283,031) (18,924)
Cash Flows from Financing Activities:    
Net increase in deposits 94,160 433,425
Proceeds from stock options exercised 821 423
Restricted stock surrendered for tax withholdings upon vesting (40) (156)
Proceeds from stock issued under employee and director stock purchase plans 62 106
Stock repurchased, including commissions (1,250) (35,451)
Repayment of subordinated debenture including execution costs 0 (4,126)
Repayment of Federal Home Loan Bank borrowings 0 (13,885)
Repayment of finance lease obligations (96) (55)
Cash dividends paid on common stock (11,666) (9,264)
Net cash provided by financing activities 81,991 371,017
Net (decrease) increase in cash, cash equivalents and restricted cash (162,089) 384,419
Cash, cash equivalents and restricted cash at beginning of period 347,641 200,320
Cash, cash equivalents and restricted cash at end of period 185,552 584,739
Supplemental disclosure of cash flow information:    
Cash paid in interest 1,716 1,492
Cash paid in income taxes 11,075 9,000
Supplemental disclosure of noncash investing and financing activities:    
Change in net unrealized gain or (loss) on available-for-sale securities (97,094) (8,558)
Securities transferred from available-for-sale to held-to-maturity, at fair value 357,482 0
Amortization of net unrealized loss on available-for-sale securities transferred to held-to-maturity 1,126 385
Purchase of investment securities not yet settled 0 19,972
Stock issued to employee stock ownership plan 1,233 999
Stock issued in payment of director fees 355 216
Repurchase of stock not yet settled 0 127
Acquisition: Fair value of assets acquired, excluding cash acquired 0 757,844
Fair value of liabilities assumed 0 816,558
Restricted cash [1] $ 2,996 $ 15,805
[1] Restricted cash includes reserve requirements held with the Federal Reserve Bank of San Francisco and other cash pledged. In response to the COVID-19 pandemic, the Federal Reserve reduced the reserve requirement ratios to zero percent effective March 26, 2020.