v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Statement of Cash Flows [Abstract]    
Net income $ 87,503 $ 74,849
Total provision for credit losses 8,811 10,955
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of premises and equipment 2,781 2,438
Depreciation of equipment owned and leased to others 877 1,337
Stock-based compensation 3,280 2,755
Net (accretion) amortization of investment securities available-for-sale (1,682) (1,551)
Amortization of mortgage servicing rights 397 350
Amortization of right of use assets 1,579 1,489
Deferred income taxes 4,153 (9,496)
Gains (losses) on investment securities available-for-sale (13) 997
Originations of loans held for sale, net of principal collected (38,452) (27,577)
Proceeds from the sales of loans held for sale 38,989 25,895
Net gain on sale of loans held for sale (661) (83)
Net gain on sale of other real estate and repossessions (377) (57)
Change in interest receivable 886 422
Change in interest payable 308 (10,381)
Change in other assets 2,902 9,284
Change in other liabilities (1,797) 36,025
Other 409 (1,006)
Net change in operating activities 109,893 116,645
Investing activities:    
Proceeds from sales of investment securities available-for-sale 777 25,709
Proceeds from maturities and paydowns of investment securities available-for-sale 82,966 173,793
Purchases of investment securities available-for-sale (102,109) (79,110)
Net change in partnership investments (14,008) (6,961)
Net change in other investments 0 (1,715)
Loans sold or participated to others 41,789 25,985
Proceeds from principal payments on direct finance leases 52,488 39,686
Net change in loans and leases (275,728) (319,700)
Net change in equipment owned under operating leases 469 1,493
Purchases of premises and equipment (2,482) (4,333)
Proceeds from disposal of premises and equipment 131 15
Proceeds from sales of other real estate and repossessions 1,945 1,439
Net change in investing activities (213,762) (140,269)
Financing activities:    
Net change in demand deposits and savings accounts 132,728 104,505
Net change in time deposits 73,942 108,129
Net change in short-term borrowings (39,131) (139,140)
Payments on long-term debt (11,863) (1,915)
Stock issued under stock purchase plans 132 133
Acquisition of treasury stock (23,350) (3,295)
Net (distributions to) contributions from noncontrolling interests (330) (1,768)
Cash dividends paid on common stock (20,813) (18,743)
Net change in financing activities 111,315 47,906
Net change in cash and cash equivalents 7,446 24,282
Cash and cash equivalents, beginning of year 119,857 124,826
Cash and cash equivalents, end of period 127,303 149,108
Non-cash transactions:    
Loans transferred to other real estate and repossessions 3,697 4,315
Common stock matching contribution to Employee Stock Ownership and Profit Sharing Plan 859 1,227
Right of use assets obtained in exchange for lease obligations 4,179 692
Liquidation of noncontrolling interests 0 9,845
Cash paid (received) for:    
Interest 73,627 94,770
Income Taxes $ 14,924 $ (11,663)