v3.26.3
Consolidated Statements Of Cash Flows (Unaudited) - USD ($)
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Operating Activities    
Net income $ 99,642,000 $ 98,917,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization, net 3,613,000 5,520,000
(Recovery of) Provision for credit losses 941,000 (2,315,000)
Depreciation of premises and equipment 3,383,000 3,144,000
Deferred income tax expense 92,000 (158,000)
Net periodic pension benefit (77,000) (72,000)
Gains on sale of investment securities, net 143,000 15,000
Stock-compensation expense 3,580,000 2,413,000
Excess tax expense from stock-compensation 320,000 473,000
Increase in value of bank-owned life insurance (2,413,000) (3,014,000)
Loans originated for sale (11,881,000) (13,114,000)
Proceeds from the sale of loans originated for sale 12,630,000 12,369,000
Gain on sale of loans (206,000) (227,000)
Change in accrued interest receivable (2,237,000) (1,240,000)
Change in other assets (9,335,000) (10,412,000)
Change in other liabilities 8,545,000 4,944,000
Net Cash Provided by Operating Activities 106,454,000 97,213,000
Investing Activities    
Net increase in loans (46,387,000) (134,514,000)
Purchases 210,458,000 267,857,000
Proceeds on sales of available for sale securities 0 66,800,000
Proceeds from maturities and calls 183,579,000 156,890,000
Purchases (341,000) (282,000)
Proceeds from sales 113,000 35,000
Purchases of premises and equipment (2,246,000) (2,181,000)
Proceeds from the disposals of premises and equipment 950,000 37,000
Payments for low income housing tax credits (3,251,000) (8,645,000)
Net Cash (Utilized For) Investing Activities (78,041,000) (189,717,000)
Financing Activities    
Net increase in non-interest-bearing deposits 41,805,000 32,864,000
Net increase in interest-bearing deposits 15,353,000 80,591,000
Net (decrease) increase in customer repurchase agreements (289,000) 43,357,000
Purchases of treasury stock (38,137,000) (28,893,000)
Lease payments (530,000) (556,000)
Dividends paid (37,155,000) (34,654,000)
Net Cash (Utilized For) Provided By Financing Activities (18,953,000) 92,709,000
Increase in Cash and Cash Equivalents 9,460,000 205,000
Cash and cash equivalents at beginning of period 191,919,000 225,389,000
Cash and Cash Equivalents at End of Period $ 201,379,000 $ 225,594,000