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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Operating activities:    
Net income $ 20,275 $ 13,889
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 8,000 9,750
Accretion of certain acquisition-related discounts, net (278) (464)
Share-based compensation 1,360 1,458
Depreciation and amortization 2,952 2,841
Amortization of premiums and accretion of discounts on securities, net (245) 1,068
Reversal of provision for indemnifications (135) (375)
Income from bank-owned life insurance (323) (326)
Pension expense 539 667
Proceeds from sales of loans held for sale 486,906 371,258
Origination of loans held for sale (491,695) (396,718)
Gains on sales of loans held for sale (6,201) (4,814)
Other gains, net (135) (207)
Change in other assets and liabilities:    
Accrued interest receivable (373) 200
Other assets 896 4,483
Accrued interest payable 411 474
Other liabilities 307 (190)
Net cash provided by operating activities 22,261 2,994
Investing activities:    
Proceeds from sales, maturities and calls of securities available for sale and payments on mortgage-backed securities 50,567 89,240
Purchases of securities available for sale (57,107) (27,009)
(Purchases of) proceeds from time deposits, net (10) 734
Repayments on loans held for investment by non-bank affiliates 124,639 125,399
Purchases of loans held for investment by non-bank affiliates (129,909) (136,459)
Net increase in community banking loans held for investment (91,130) (164,176)
Purchases of corporate premises and equipment (1,573) (3,056)
Other investing activities, net (72) (1,377)
Net cash used in investing activities (104,595) (116,704)
Financing activities:    
Net increase (decrease) in demand and savings deposits 75,749 (67,891)
Net increase in time deposits 51,426 137,652
Net decrease in repurchase agreements (28,994) (9,580)
Proceeds from long-term borrowings 40,000 40,000
Repayments of long-term borrowings (20,000)  
Repurchases of common stock (436) (7,792)
Cash dividends paid (4,466) (4,363)
Other financing activities, net (440) (282)
Net cash provided by financing activities 112,839 87,744
Net increase (decrease) in cash and cash equivalents 30,505 (25,966)
Cash and cash equivalents at beginning of period 65,586 75,159
Cash and cash equivalents at end of period 96,091 49,193
Supplemental cash flow disclosures:    
Interest paid 33,049 30,976
Income taxes paid 5,113 22
Supplemental disclosure of noncash investing and financing activities:    
Transfers from corporate premises and equipment to other real estate owned   296
Liabilities assumed to acquire right of use assets at lease commencement $ 190 $ 2,730