v3.26.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net income $ 47,283 $ 58,253
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit loss expense 5,500 10,200
Depreciation and amortization 20,099 12,247
Change in current income tax receivable (4,041) 208
Change in deferred income taxes (3,498) 8,456
Discount accretion, net of premium amortization on securities (2,319) (1,170)
Gain on sale of mortgages, net (4,988) (4,642)
Origination of loans held for sale, net of repayments (161,150) (167,883)
Proceeds from sales of loans held for sale 165,347 176,236
Originations of mortgage servicing rights (148) (102)
Proceeds from sales of mortgage servicing rights   2,360
Gain on sale of mortgage servicing rights   (646)
Gain on sale of fixed assets   (1,349)
Stock-based compensation 13,416 3,695
Gain on security sales (246)  
Operating lease payments (3,764) (3,278)
Change in other assets 2,666 (1,531)
Change in other liabilities 4,145 (19,086)
Net cash provided by operating activities 78,302 71,968
Cash flows from investing activities:    
Proceeds from maturities and paydowns of other securities 2,670  
Proceeds from maturities and paydowns of investment securities available-for-sale 61,757 74,609
Proceeds from maturities and paydowns of investment securities held-to-maturity 96,855 76,710
Proceeds from sales of other securities 21,972 32,429
Proceeds from sales of investment securities available-for-sale 176,406 0
Proceeds from sales of other real estate owned 6,032 269
Purchases of other securities (32,598) (37,009)
Purchases of investment securities available-for-sale (154,341) (160,543)
Purchases of investment securities held-to-maturity (202,218) (260,257)
Purchases of premises and equipment, net (9,632) (16,008)
Net (increase) decrease in loans (434,327) 237,115
Proceeds from the sale of loans 5,748 11,941
Net cash activity for acquisitions 250,074  
Net cash used in investing activities (211,602) (40,744)
Cash flows from financing activities:    
Net (decrease) increase in deposits (108,210) 31,602
Net increase (decrease) in repurchase agreements and other short-term borrowings 2,889 (382)
Proceeds from long-term debt issuance 150,000  
Payment of long-term debt issuance costs (2,752)  
Net (payments to) advances from the FHLB 115,000 135,000
Issuance of stock under purchase and equity compensation plans (4,199) (1,817)
Proceeds from exercise of stock options 717 53
Payment of dividends (29,265) (22,808)
Repurchase of common stock (27,242) (4,237)
Net cash provided by financing activities 96,938 137,411
(Decrease) increase in cash and cash equivalents (36,362) 168,635
Cash and cash equivalents at beginning of the year 417,058 127,848
Cash and cash equivalents at end of period 380,696 296,483
Supplemental disclosure of cash flow information during the period:    
Cash paid for interest 100,848 87,945
Net tax payments 764 $ 8,892
Supplemental schedule of non-cash activities:    
Loans transferred to other real estate owned at fair value 2,186  
Increase in loans purchased but not settled $ 32,153