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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Operating activities:    
Net income $ 15,255 $ 7,382
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Provision for loan losses (320) 6,250
Accretion of certain acquisition-related discounts, net (1,891) (1,972)
Share-based compensation 820 701
Depreciation and amortization 2,390 1,957
Accretion of discounts and amortization of premiums on securities, net 1,731 941
Income from bank-owned life insurance (209) (206)
Pension expense 434 396
Proceeds from sales of loans held for sale 909,516 624,112
Origination of loans held for sale (806,866) (698,740)
Gains on sales of loans held for sale (13,005) (8,281)
Other (gains) losses, net (451) 807
Change in other assets and liabilities:    
Accrued interest receivable 721 (898)
Other assets 1,189 929
Accrued interest payable (258) (341)
Other liabilities (3,395) 471
Net cash provided by (used in) operating activities 105,661 (66,492)
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 55,496 70,780
Purchases of securities available for sale (129,706) (107,964)
Maturities (purchases) of time deposits, net 4,693 (6,464)
Repayments on loans held for investment by non-bank affiliates 77,605 62,462
Purchases of loans held for investment by non-bank affiliates (97,971) (53,013)
Net increase in community banking loans held for investment (8,770) (102,276)
Purchases of corporate premises and equipment (3,444) (3,453)
Proceeds from sales of other real estate owned 457  
Changes in collateral posted with other financial institutions, net 3,480 (9,270)
Other investing activities, net 671 319
Net cash used in investing activities (97,489) (121,774)
Financing activities:    
Net increase in demand and savings deposits 98,987 189,256
Net decrease in time deposits (19,459) (6,394)
Net increase in short-term borrowings 3,115 6,288
Repayments of long-term borrowings   (82,553)
Repurchases of common stock (4,765) (618)
Cash dividends paid (2,845) (2,773)
Other financing activities, net (409) (73)
Net cash provided by financing activities 74,624 103,133
Net increase (decrease) in cash and cash equivalents 82,796 (85,133)
Cash and cash equivalents at beginning of period 86,669 165,433
Cash and cash equivalents at end of period 169,465 80,300
Supplemental cash flow disclosures:    
Interest paid 4,957 8,010
Income taxes paid 5,632 2,130
Supplemental disclosure of noncash investing and financing activities:    
Liabilities assumed to acquire right of use assets under operating leases 881 597
Liabilities assumed to acquire right of use assets under finance leases   2,181
Transfers from loans held for sale to loans held for investment $ 3,717 $ 621