v3.26.1
Consolidated Statements Of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Operating Activities    
Net income $ 65,033,000 $ 63,729,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization, net 2,470,000 4,614,000
Provision for (Recovery of) credit losses 1,049,000 (1,787,000)
Depreciation of premises and equipment 2,245,000 2,096,000
Deferred income tax expense 49,000 1,437,000
Net periodic pension benefit (84,000) (48,000)
Gains on sale of investment securities, net 65,000 (118,000)
Stock-compensation expense 2,498,000 1,505,000
Excess tax expense from stock-compensation 314,000 473,000
Increase in value of bank-owned life insurance (1,656,000) (2,095,000)
Loans originated for sale (8,510,000) (9,692,000)
Proceeds from the sale of loans originated for sale 9,186,000 8,807,000
Gain on sale of loans (133,000) (157,000)
Change in accrued interest receivable (582,000) (1,004,000)
Change in other assets (3,904,000) (11,832,000)
Change in other liabilities 2,742,000 3,490,000
Net Cash Provided by Operating Activities 70,652,000 59,654,000
Investing Activities    
Net decrease (increase) in loans 1,584,000 (61,903,000)
Purchases 97,394,000 225,845,000
Proceeds on sales of available for sale securities 0 14,882,000
Proceeds from maturities and calls 117,849,000 98,545,000
Purchases (313,000) (257,000)
Proceeds from sales 98,000 24,000
Purchases of premises and equipment (1,549,000) (641,000)
Proceeds from the disposals of premises and equipment 1,247,000 46,000
Payments for low income housing tax credits (2,519,000) (4,164,000)
Net Cash Provided by (Utilized For) Investing Activities 19,003,000 (179,313,000)
Financing Activities    
Net increase in non-interest-bearing deposits 8,072,000 38,798,000
Net increase in interest-bearing deposits 31,094,000 65,882,000
Net increase in customer repurchase agreements 9,877,000 14,179,000
Purchases of treasury stock (38,137,000) (28,893,000)
Lease payments (353,000) (371,000)
Dividends paid (24,925,000) (23,201,000)
Net Cash (Utilized For) Provided By Financing Activities (14,372,000) 66,394,000
Increase (Decrease) in Cash and Cash Equivalents 75,283,000 (53,265,000)
Cash and cash equivalents at beginning of period 191,919,000 225,389,000
Cash and Cash Equivalents at End of Period $ 267,202,000 $ 172,124,000