v3.26.1
Consolidated Condensed Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 39,299 $ 27,488
Adjustments to reconcile net income to net cash from operating activities:    
(Credit) Provision for credit losses 1,061 3,608
Provision (credit) for unfunded commitments 342 (264)
Depreciation and amortization 4,695 3,349
Net accretion of securities (1,110) (181)
Available for sale security losses 0 1,334
Realized gains on equity securities (4) (56)
(Gain) loss on premises and equipment sales and disposals, net 49 (113)
Stock compensation expense 1,374 1,287
Earnings on bank owned life insurance (2,096) (1,531)
Income recognized from death benefit on bank owned life insurance (797) (111)
Origination of loans held for sale (45,064) (38,327)
Proceeds from loans held for sale 44,496 40,213
Net gains on sale of loans (778) (655)
Net change in other assets and liabilities (7,367) (6,353)
NET CASH FROM OPERATING ACTIVITIES 34,100 29,688
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from maturities and repayments of securities available for sale 56,222 33,680
Proceeds from sales of securities available for sale 0 23,901
Purchases of securities available for sale (36,391) (45,983)
Proceeds from redemption of restricted stock 25,809 11,945
Purchase of restricted stock (29,828) (7,337)
Loan originations and payments, net 46,216 (29,458)
Purchase of portfolio loans (12,816) (8,044)
Proceeds from loans held for sale previously classified as portfolio loans 750 3,445
Proceeds from BOLI death benefit 3,072 460
Purchase of company owned life insurance 0 (15,000)
Proceeds from land, building and equipment sales 1,294 298
Additions to premises and equipment (1,075) (5,092)
Net cash paid in business combinations 64,757 0
NET CASH FROM INVESTING ACTIVITIES 117,940 (38,742)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net change in deposits 2,544 129,638
Net change in short-term borrowings (65,000) (102,000)
Cash dividends paid (16,403) (12,727)
Cash paid for withholding taxes on share-based awards (784) (855)
NET CASH FROM FINANCING ACTIVITIES (79,643) 14,056
NET CHANGE IN CASH AND CASH EQUIVALENTS 72,397 5,002
Beginning cash and cash equivalents 92,357 85,738
Ending cash and cash equivalents 164,754 90,740
Supplemental cash flow information:    
Interest paid 54,772 46,658
Supplemental noncash disclosures:    
Issuance of stock awards 2,479 1,556
Issuance of stock for business combination 277,363 0
Transfer of loans to loans held for sale 750 1,845
Lease liabilities arising from obtaining right-of-use assets 3,486 273
Liability arising from investment in solar tax credits 15,000 10,000
Equity Securities, Excluding SBIC Fund [Member]    
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from sales of equity securities 72 55
Purchase of equity securities (76) (57)
SBIC Funds [Member]    
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from sales of equity securities 958 910
Purchase of equity securities $ (1,024) $ (2,465)