v3.26.3
Consolidated Condensed Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 53,834 $ 39,949
Adjustments to reconcile net income to net cash from operating activities:    
(Credit) Provision for credit losses 3,823 5,109
Provision (credit) for unfunded commitments 373 (346)
Depreciation and amortization 7,361 5,046
Net amortization accretion of securities (2,639) (475)
Available for sale security losses 10,291 2,294
Realized (gains) losses on equity securities 47 (89)
(Gain) loss on premises and equipment sales and disposals, net 49 (78)
Stock compensation expense 2,186 1,932
Earnings on bank owned life insurance (3,231) (2,383)
Income recognized from death benefit on bank owned life insurance (778) (111)
Origination of loans held for sale (65,774) (66,602)
Proceeds from loans held for sale 65,314 66,396
Net gains on sale of loans (1,168) (1,214)
Net change in other assets and liabilities (6,652) (9,028)
NET CASH FROM OPERATING ACTIVITIES 63,036 40,400
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from maturities and repayments of securities available for sale 71,197 53,986
Proceeds from sales of securities available for sale 90,546 52,651
Purchases of securities available for sale (171,794) (95,179)
Proceeds from redemption of restricted stock 29,336 17,548
Purchase of restricted stock (36,395) (14,349)
Loan originations and payments, net (14,780) (64,603)
Purchase of portfolio loans (32,708) (8,044)
Proceeds from loans held for sale previously classified as portfolio loans 750 3,565
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 (1,955) (6,772)
Net cash paid in business combinations 64,757 0
NET CASH (USED IN) FROM INVESTING ACTIVITIES 3,296 (77,389)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net change in deposits (19,800) 133,736
Net change in short-term borrowings 1,000 (70,000)
Cash dividends paid (27,027) (19,096)
Cash paid for withholding taxes on share-based awards (943) (1,044)
NET CASH (USED IN) FROM FINANCING ACTIVITIES (46,770) 43,596
NET CHANGE IN CASH AND CASH EQUIVALENTS 19,562 6,607
Beginning cash and cash equivalents 92,357 85,738
Ending cash and cash equivalents 111,919 92,345
Supplemental cash flow information:    
Interest paid 85,865 67,746
Supplemental noncash disclosures:    
Issuance of stock awards 2,786 1,777
Issuance of stock for business combination 277,363 0
Transfer of loans to loans held for sale 750 2,115
Lease liabilities arising from obtaining right-of-use assets 3,486 286
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 470 70
Purchase of equity securities (111) (72)
SBIC Funds [Member]    
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from sales of equity securities 1,049 1,010
Purchase of equity securities $ (1,432) $ (2,958)