v3.25.4
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Statement of Cash Flows [Abstract]      
Net income $ 68,541 $ 66,790 $ 59,067
ADJUSTMENTS TO RECONCILE NET INCOME TO NET CASH FROM OPERATING ACTIVITIES      
Proceeds from sales of equity securities at fair value 0 2,685 0
Proceeds from sales of loans held for sale 350,335 380,739 356,207
Disbursements for loans held for sale (345,144) (370,575) (334,174)
Provision for credit losses 6,135 4,468 6,210
Deferred income tax (benefit) expense (3,531) (1,248) 215
Net deferred loan fees 1,643 961 1,244
Net depreciation, amortization of intangible assets and premiums and accretion of discounts on securities and loans 9,906 10,005 10,019
Net gains on mortgage loans (6,780) (6,579) (7,436)
Net gains on equity securities at fair value 0 (2,685) 0
Net losses on sales of securities available for sale 370 428 222
Net loss on sale of capitalized mortgage loan servicing rights 233 0 0
Share based compensation 2,716 2,332 2,229
Increase in accrued income and other assets (25,648) (25,187) (14,617)
Increase (decrease) in accrued expenses and other liabilities 17,886 1,017 (3,597)
Total Adjustments 8,121 (3,639) 16,522
Net Cash From Operating Activities 76,662 63,151 75,589
CASH FLOW USED IN INVESTING ACTIVITIES      
Proceeds from the sale of securities available for sale 32,193 39,517 278
Proceeds from the sale of securities held to maturity previously charged off 0 1,125 0
Proceeds from maturities, prepayments and calls of securities available for sale 69,591 81,092 122,806
Proceeds from maturities, prepayments and calls of securities held to maturity 34,370 18,811 22,317
Purchases of securities available for sale (24,463) 0 0
Purchases of securities held to maturity (2,000) (3,628) (1,740)
Proceeds from the redemption of Federal Home Loan Bank stock 1,209 722 1,310
Purchase of Federal Home Loan Bank stock (3,212) 0 (478)
Net increase in portfolio loans (loans originated, net of principal payments) (261,131) (271,800) (361,609)
Proceeds from the sale of portfolio loans 22,594 20,780 56,561
Proceeds from the sale of other real estate and repossessed assets 864 892 650
Proceeds from bank-owned life insurance death benefits 1,292 1,320 1,336
Proceeds from the sale of property and equipment 0 960 1,648
Capital expenditures (6,494) (7,950) (6,024)
Proceeds from the sale of capitalized mortgage loan servicing rights 12,690 0 0
Net Cash Used In Investing Activities (122,497) (118,159) (162,945)
CASH FLOW FROM FINANCING ACTIVITIES      
Net increase in total deposits 107,594 31,209 243,810
Net decrease in other borrowings (6) (17) (60,980)
Proceeds from Federal Home Loan Bank advances 307,000 130,000 135,000
Payments of Federal Home Loan Bank advances (275,000) (135,000) (110,000)
Repayment of subordinated debt (40,000) 0 0
Dividends paid (21,600) (20,045) (19,327)
Proceeds from issuance of common stock 0 13 70
Repurchase of common stock (12,433) 0 (5,157)
Share based compensation withholding obligation (1,215) (1,051) (650)
Net Cash From Financing Activities 64,340 5,109 182,766
Net Increase (Decrease) in Cash and Cash Equivalents 18,505 (49,899) 95,410
Cash and Cash Equivalents at Beginning of Year 119,882 169,781 74,371
Cash and Cash Equivalents at End of Year 138,387 119,882 169,781
Cash paid during the year for      
Interest 90,939 103,953 79,101
Federal income taxes 11,650 13,900 16,100
Transfers to other real estate and repossessed assets 776 1,091 783
Right of use assets obtained in exchange for lease obligations $ 3,139 $ 2,354 $ 865