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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Operating activities:    
Net income $ 7,165 $ 3,639
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Provision for loan losses 280 2,650
Accretion of certain acquisition-related discounts, net (743) (1,259)
Share-based compensation 392 389
Depreciation and amortization 1,189 968
Accretion of discounts and amortization of premiums on securities, net 833 370
Income from bank-owned life insurance (112) (103)
Pension expense 206 172
Proceeds from sales of loans held for sale 462,469 227,422
Origination of loans held for sale (424,082) (253,868)
Gains on sales of loans held for sale (7,058) (3,676)
Other (gains) losses, net (59) 253
Change in other assets and liabilities:    
Accrued interest receivable 380 (47)
Other assets 198 4,455
Accrued interest payable (375) (43)
Other liabilities 451 (3,100)
Net cash provided by (used in) operating activities 41,134 (21,778)
Investing activities:    
Acquisition of Peoples Bankshares, Incorporated   19,101
Disposition of assets related to business combination   8,004
Proceeds from sales, maturities and calls of securities available for sale and payments on mortgage-backed securities 33,712 39,063
Purchases of securities available for sale (72,413) (64,746)
Purchases of time deposits, net 1,976 251
Repayments on loans held for investment by non-bank affiliates 35,907 32,448
Purchases of loans held for investment by non-bank affiliates (41,064) (29,305)
Net increase in community banking loans held for investment (22,770) (4,911)
Purchases of corporate premises and equipment (2,123) (1,548)
Changes in collateral posted with other financial institutions, net 4,300 (8,270)
Other investing activities, net 683 229
Net cash used in investing activities (61,792) (9,684)
Financing activities:    
Net increase in demand and savings deposits 91,293 12,632
Net (decrease) increase in time deposits (11,414) 8,745
Net increase in short-term borrowings 3,471 2,030
Repayments of long-term borrowings   (7,519)
Repurchases of common stock (229) (355)
Cash dividends paid (1,399) (1,388)
Other financing activities, net (295) (107)
Net cash provided by financing activities 81,427 14,038
Net increase (decrease) in cash and cash equivalents 60,769 (17,424)
Cash and cash equivalents at beginning of period 86,669 165,433
Cash and cash equivalents at end of period 147,438 148,009
Supplemental cash flow disclosures:    
Interest paid 2,856 4,175
Income taxes paid   3
Supplemental disclosure of noncash investing and financing activities:    
Liabilities assumed to acquire right of use assets under operating leases $ 118 $ 204