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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 66,555,000 $ 47,700,000 $ 35,299,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Amortization of discounts and premiums on securities (953,000) 3,649,000 3,747,000
Gain on sale of securities available-for-sale     (277,000)
Gain on sale of SBA loans (491,000) (1,718,000) (839,000)
Proceeds from sale of SBA loans originated for sale 7,689,000 18,324,000 11,154,000
SBA loans originated for sale (7,767,000) (17,274,000) (10,962,000)
Loss on the disposition of foreclosed assets     (791,000)
Provision for (recapture of) credit losses on loans 766,000 (3,134,000) 13,233,000
Increase in cash surrender value of life insurance (1,925,000) (1,838,000) (1,845,000)
Depreciation and amortization 1,121,000 1,072,000 951,000
Amortization of other intangible assets 2,635,000 2,996,000 3,751,000
Stock option expense, net 595,000 579,000 559,000
Amortization of restricted stock awards, net 2,583,000 1,940,000 1,689,000
Amortization of subordinated debt issuance costs 172,000 185,000 186,000
Gain on proceeds from company-owned life insurance (27,000) (675,000) (20,000)
Effect of changes in:      
Accrued interest receivable and other assets 978,000 6,127,000 8,101,000
Accrued interest payable and other liabilities (2,078,000) (1,084,000) (6,641,000)
Net cash provided by operating activities 69,853,000 56,849,000 57,295,000
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchase of securities available-for-sale (425,721,000)    
Purchase of securities held-to-maturity (146,548,000) (474,017,000) (30,916,000)
Maturities/paydowns/calls of securities available-for-sale 21,881,000 129,191,000 114,662,000
Maturities/paydowns/calls of securities held-to-maturity 88,394,000 110,823,000 97,365,000
Proceeds from sales of securities available-for-sale     56,598,000
Proceeds from the disposition of foreclosed assets     791,000
Purchase of mortgage loans (185,426,000) (405,752,000)  
Net change in loans (21,862,000) (60,289,000) (85,646,000)
Changes in Federal Home Loan Bank stock and other investments (18,000) 1,018,000 (3,680,000)
Purchase of premises and equipment (783,000) (252,000) (3,160,000)
Proceeds from redemption of company-owned life insurance 596,000 2,447,000 369,000
Net cash (used in) provided by investing activities (669,487,000) (696,831,000) 146,383,000
CASH FLOWS FROM FINANCING ACTIVITIES:      
Net change in deposits (369,808,000) 844,926,000 499,718,000
Net change in short-term borrowings     (328,000)
Exercise of stock options 2,050,000 1,469,000 1,714,000
Payment of cash dividends (31,495,000) (31,270,000) (31,079,000)
Redemption of subordinated debt (40,000,000)    
Issuance of subordinated debt, net of issuance costs 39,274,000    
Net cash (used-in) provided by financing activities (399,979,000) 815,125,000 470,025,000
Net (decrease) increase in cash and cash equivalents (999,613,000) 175,143,000 673,703,000
Cash and cash equivalents, beginning of period 1,306,216,000 1,131,073,000 457,370,000
Cash and cash equivalents, end of period 306,603,000 1,306,216,000 1,131,073,000
Supplemental disclosures of cash flow information:      
Interest paid 8,654,000 7,014,000 8,558,000
Income taxes paid, net 25,175,000 15,372,000 10,640,000
Supplemental schedule of non-cash activity:      
Recording of right to use assets in exchange for lease obligations 2,736,000 $ 2,977,000 $ 26,654,000
Transfer of loans held-for-sale to loan portfolio $ 480,000