v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Statement of Cash Flows [Abstract]      
Net cash provided by operating activities $ 84,984 $ 69,123  
Available-for-sale investment securities:      
Purchases 0 (147,734)  
Proceeds from sales 967 0  
Proceeds from principal payments, calls and prepayments 57,813 64,356  
Held-to-maturity investment securities:      
Purchases (180,880) (37,120)  
Proceeds from principal payments 56,165 18,812  
Other investments:      
Purchases (23,211) (18,327)  
Proceeds from sales 16,060 19,312  
Net increase in loans held for investment (252,796) (164,489)  
Net expenditures for premises and equipment (4,216) (5,759)  
Proceeds from sales of other real estate owned 187 0  
Proceeds from bank owned life insurance contracts 0 486  
Investment in limited partnership and tax credit funds 0 (2,919)  
Other (1,053) 0  
Net cash used in investing activities (330,964) (273,382)  
Financing activities:      
Net increase (decrease) in non-interest-bearing deposits 23,163 (94,952)  
Net increase in interest-bearing deposits 23,453 240,446  
Net increase (decrease) in short-term borrowings 203,386 (118,388)  
Proceeds from long-term borrowings 5,989 35,561  
Payments on long-term borrowings (12,177) (18,171)  
Cash dividends paid (28,843) (27,942)  
Purchase of treasury stock under share repurchase program (455) (3,000)  
Purchase of treasury stock in connection with employee incentive program and compensation plan for Boards of Directors to be held as treasury stock (2,123) (1,051)  
Proceeds from issuance of common shares 991 850  
Other 1,007 55  
Net cash provided by financing activities 214,391 13,408  
Net decrease in cash and cash equivalents (31,589) (190,851)  
Cash and cash equivalents at beginning of period 217,664 426,722 $ 426,722
Cash and cash equivalents at end of period 186,075 235,871 217,664
Supplemental cash flow information:      
Interest paid 75,709 76,909  
Income taxes paid 9,150 20,383  
Supplemental noncash disclosures:      
Transfers from total loans to other real estate owned 0 235  
Noncash recognition of new leases $ 481 $ 621 $ 1,660