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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
OPERATING ACTIVITIES    
Net income before noncontrolling interest $ 23,090 $ 8,017
Adjustments to reconcile net income to net cash from operating activities:    
Net amortization and accretion of investments 1,521 2,020
Net amortization of deferred loan costs 1,133 1,877
Provision for credit losses 182 11,500
Depreciation and amortization 3,894 3,241
Stock-based compensation 2,572 2,102
Stock-based compensation related to equity method investments 277 416
Loans originated for sale (402) (69,907)
Proceeds of loans held-for-sale sold 23,562 58,933
Holding (gain) loss on equity securities (71) 146
(Gain) loss on sale of available-for-sale securities, net 1,536 (650)
Loss on sale of equity securities, net 269 56
Gain on sale of loans held-for-sale (256) (3,786)
Loss on sale of loans held for investment 1,271 0
Gain on sale of discontinued operations (11,800) 0
Loss on divestiture activity 986 0
Gain on sale of other real estate owned (176) (38)
Income on bank-owned life insurance (870) (735)
Deferred income taxes 65 16
Equity method investments (income) loss 70 (666)
Equity method investments gain 0 (1,874)
Return on equity method investments (846) 4,682
Other assets (11,495) 401
Other liabilities 4,963 (11,970)
Net cash from operating activities 39,475 3,781
INVESTING ACTIVITIES    
Purchases of available-for-sale investment securities (70,413) (77,464)
Net maturities/paydowns of available-for-sale investment securities 75,098 18,751
Sales of available-for-sale investment securities 54,531 60,635
Purchases of premises and equipment (1,441) (2,730)
Disposals of premises and equipment 425 0
Net change in loans 87,505 (611,972)
Proceeds of loans held for investment sold 12,556 0
Purchases of restricted bank stock 0 (38,779)
Redemptions of restricted bank stock 0 31,924
Proceeds from maturities of certificates of deposit with banks 0 2,719
Proceeds from sale of other real estate owned 464 1,256
Purchase of equity securities (169) (2,972)
Proceeds from sale of equity securities 566 1,261
Net cash transferred for sale of discontinued operations (3,935) 0
Net cash transferred in divestiture activity (8) 0
Net cash from investing activities 155,179 (617,371)
FINANCING ACTIVITIES    
Net increase in deposits 468,407 319,353
Net change in repurchase agreements (5,535) (1,475)
Net change in FHLB and other borrowings (102,333) 73,328
Principal payments on senior term loan (1,331) 0
Common stock options exercised 211 1,835
Withholding cash issued in lieu of restricted stock (680) (691)
Cash dividends paid on common stock (6,473) (6,211)
Redemption of noncontrolling interest (100) 0
Stock purchase from noncontrolling interest 0 (40)
Net cash from financing activities 352,166 386,099
Net change in cash and cash equivalents 546,820 (227,491)
Cash and cash equivalents, beginning of period 40,280 307,437
Cash and cash equivalents, end of period 587,100 79,946
Cash payments for:    
Interest on deposits, repurchase agreements and borrowings 48,378 6,299
Income taxes 12,211 418
Supplemental disclosure of cash flow information:    
Loans transferred to other real estate owned 0 70
Change in unrealized holding losses on securities available-for-sale (3,594) 51,242
Restricted stock units vested 131 75
Employee stock-based compensation tax withholding obligations (36) (17)
Impact of adopting ASC 326, net of tax 6,642 0
Creation of servicing assets from loan sales 406 0
Loans transferred to loans held-for-sale $ 8,487 $ 268