v3.26.3
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Dec. 31, 2025
CASH FLOWS FROM OPERATING ACTIVITIES          
Net Income     $ 46,441 $ 32,754  
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:          
Net Amortization on Securities Available for Sale     (3,597) (2,635)  
Net Gain on Sales of Securities Available for Sale   $ (59) (7,251) (534)  
Provision for Credit Losses on Loans $ 2,750 900 4,650 4,400  
Provision (Recovery) of Off-Balance Sheet Exposures   200 (150) 200  
Loan Discount Accretion     (666) (1,147)  
Depreciation of Premises and Equipment     1,941 1,881  
Amortization of Other Intangible Assets 226 230 679 690  
Amortization of Right-of-Use Asset     419 419  
Cash Surrender Value of Bank-Owned Life Insurance     (1,428) (1,206)  
Amortization of Subordinated Debt Issuance Costs     276 208  
Stock-based Compensation     3,785 3,118  
Deferred Income Taxes     (1,483) (2,701)  
Remeasurement of Interest Rate Swap     123    
Changes in Operating Assets and Liabilities:          
Accrued Interest Receivable and Other Assets     (3,169) (85)  
Accrued Interest Payable and Other Liabilities     31,350 (14,527)  
Net Cash Provided by Operating Activities     71,920 20,835  
CASH FLOWS FROM INVESTING ACTIVITIES          
Decrease in Bank-Owned Certificates of Deposit       719  
Proceeds from Sales of Securities Available for Sale   5,112 208,501 64,707  
Proceeds from Termination of Interest Rate Swaps     10,403    
Proceeds from Maturities, Paydowns, Payups and Calls of Securities Available for Sale     79,273 108,590  
Purchases of Securities Available for Sale     (149,921) (204,111)  
Net Increase in Loans     (200,002) (344,846)  
Purchase of FHLB Stock     (63,901) (45,830)  
Redemption of FHLB Stock     63,834 43,754  
Purchases of Premises and Equipment     (2,895) (3,303)  
Purchase of Bank-owned Life Insurance     (26,607) (4,630)  
Redemption of Bank-owned Life Insurance     1,803 4,361  
Net Cash Used by Investing Activities     (79,512) (380,589)  
CASH FLOWS FROM FINANCING ACTIVITIES          
Net Increase in Deposits     152,650 205,997  
Principal Payments on Notes Payable       (13,750)  
Proceeds from FHLB Advances     848,000 936,500  
Principal Payments on FHLB Advances     (851,500) (891,500)  
Issuance of Subordinated Debt, net of Issuance Costs       78,690  
Redemption of Subordinated Debt, net of Issuance Costs       (49,980)  
Preferred Stock Dividends Paid     (3,040) (3,040)  
Stock Options Exercised     2,290 1,247  
Stock Repurchases     (700) (2,191)  
Shares Repurchased for Tax Withholdings Upon Vesting of Restricted Stock-Based Awards     (218) (131)  
Shares Repurchased for Tax Withholdings Upon Exercise of Stock Options     (837) (30)  
Net Cash Provided by Financing Activities     146,645 261,812  
NET CHANGE IN CASH AND CASH EQUIVALENTS     139,053 (97,942)  
Cash and Cash Equivalents Beginning     123,511 229,760 $ 229,760
Cash and Cash Equivalents Ending $ 262,564 $ 131,818 262,564 131,818 $ 123,511
SUPPLEMENTAL CASH FLOW DISCLOSURE          
Cash Paid for Interest     101,974 110,380  
Cash Paid for Income Taxes     $ 12,099 $ 10,208