v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Dec. 31, 2025
Jun. 30, 2025
Mar. 31, 2025
OPERATING ACTIVITIES:        
Net Income (Loss) Attributable to Parent $ 54,716 $ 51,249 $ 45,496 $ 45,135
Adjustments to reconcile net income to net cash provided from operating activities:        
Depreciation 3,639     4,304
Deferred income and expense, net of amortization (2,808)     (2,377)
Capitalized loan servicing rights, net of amortization 190     68
Amortization of core deposit intangibles 256     456
Loss on sale of securities, net 1,242     0
Net change in valuation of financial instruments carried at fair value (1,662)     (315)
Decrease in deferred taxes (146)     (229)
Increase in current taxes payable/receivable, net 8,342     6,955
Stock-based compensation 2,650     2,230
Net change in cash surrender value of BOLI (2,312)     (2,268)
Gain on sale of loans, excluding capitalized servicing rights (1,623)     (1,452)
Gain on disposal of real estate held for sale and property and equipment, net (15)     (140)
(RECAPTURE) PROVISION FOR CREDIT LOSSES (796)     3,139
Origination of loans held for sale (91,725)     (75,240)
Proceeds from sales of loans held for sale 133,024     109,737
Net change in:        
Other assets 271     8,819
Other liabilities 6,301     (42,042)
Net cash provided from operating activities 109,836     57,238
INVESTING ACTIVITIES:        
Purchases of securities—available-for-sale 104,425     9,844
Principal repayments and maturities of securities—available-for-sale 65,028     43,137
Proceeds from sales of securities—available-for-sale 14,727     0
Principal repayments and maturities of securities—held-to-maturity 17,640     9,779
Loan originations, net of repayments (20,289)     (110,973)
Purchases of loans and participating interest in loans 0     (10,780)
Proceeds from sales of other loans 4,351     10,947
Purchases of property and equipment (420)     (1,661)
Proceeds from sale of real estate held for sale and sale of other property 952     1,563
Proceeds from FHLB stock repurchase program 11,160     62,055
Purchase of FHLB stock (4,492)     (56,891)
Other 1,441     874
Net cash used by investing activities (14,327)     (61,794)
FINANCING ACTIVITIES:        
Increase in deposits, net 97,218     78,867
Repayment of overnight and short term FHLB advances, net (150,000)     (122,000)
Decrease in other borrowings, net 8,008     5,331
Payments of Ordinary Dividends, Common Stock 17,279     16,783
Payments for Repurchase of Common Stock (16,148)     0
Taxes paid related to net share settlement of equity awards (709)     (772)
Net Cash Provided by (Used in) Financing Activities, Total (78,910)     (55,357)
NET CHANGE IN CASH AND CASH EQUIVALENTS 16,599     (59,913)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 422,640   $ 441,945 501,858
CASH AND CASH EQUIVALENTS, END OF PERIOD 439,239 $ 422,640   441,945
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:        
Interest paid in cash 50,300     51,240
NON-CASH INVESTING AND FINANCING TRANSACTIONS:        
Transfer of loans to real estate owned and other repossessed assets 1,589     1,278
Loan and Lease, Transfer from Held-in-Portfolio to Held-for-Sale $ 30,553     $ 25,560