v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net income $ 46,062 $ 32,789
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,720 1,629
Amortization of servicing assets - net 1,153 1,335
Share-based compensation expense 1,636 1,756
Credit loss expense 4,078 10,352
Gain on sales of other real estate owned (850)  
Gain on sales of SBA loans (3,421) (4,161)
Gain on sales of residential mortgage loans (842) (175)
Origination of loans held for sale (128,320) (108,610)
Proceeds from sales of loans 123,263 83,090
Change in bank-owned life insurance 649 183
Change in prepaid expenses and other assets (6,624) (4,686)
Change in income tax assets (11,839) (988)
Change in accrued interest payable and other liabilities (11,613) (4,636)
Net cash provided by operating activities 15,052 7,878
Cash flows from investing activities:    
Purchases of securities available for sale (181,101) (101,004)
Proceeds from matured, called and repayment of securities 159,276 109,626
Purchases of loans (12,569) (44,631)
Purchases of premises and equipment (1,592) (832)
Proceeds from disposition of premises and equipment 16 14
Proceeds from sales of other real estate owned ("OREO") 2,830 713
Change in loans, excluding purchases and sales 36,788 (34,761)
Net cash provided by (used in) investing activities 3,648 (70,875)
Cash flows from financing activities:    
Change in deposits 277,692 293,346
Change in open FHLB advances   (135,000)
Repayments of FHLB term advances (150,000)  
Cash paid for surrendered employee vested shares due to tax liability (1,483) (938)
Repurchase of common stock (9,646) (2,754)
Cash dividends paid (16,898) (16,407)
Net cash provided by financing activities 99,665 138,247
Net increase in cash and due from banks 118,365 75,250
Cash and due from banks at beginning of year 212,841 304,800
Cash and due from banks at end of period 331,206 380,050
Supplemental disclosures of cash flow information:    
Interest paid 85,667 92,615
Income taxes paid 26,884 13,590
Non-cash activities:    
Transfer of loans to loans held for sale 1,433  
Income tax benefit (expense) related to other comprehensive income items 1,271 (6,484)
Right-of-use asset obtained in exchange for lease liability $ 3,591 $ 3,814