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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash Flows from Operating Activities:      
Net income $ 110,512 $ 109,511 $ 84,369
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for credit losses - loans (508) 10,547 26
Provision for credit losses - securities AFS 1,040 3,154 7,245
Stock-based compensation expense 3,467 2,756 2,075
Depreciation and amortization 4,036 3,318 3,205
Deferred tax expense (benefit) 487 (1,579) (1,579)
Amortization of premium on securities 2,312 1,099 309
Amortization of core deposit intangible 1,913 1,579 1,895
Amortization of mortgage servicing rights - net 2,759 1,947 1,535
Amortization of premiums on purchased loans - net     8,384
Gain on sale of loans   (21,459) (15,140)
Amortization of OCI - securities transfer to HTM (377)    
Valuation allowance on mortgage servicing rights - net (1,874) 1,899 1,424
Increase in other assets (38,999) (39,173) (38,899)
Increase in accounts payable and other liabilities 16,286 23,336 12,593
Net cash provided by operating activities 101,054 96,935 67,442
Cash Flows from Investing Activities:      
Net increase in loans (3,318,750) (1,623,291) (794,305)
Proceeds from sale of loans   580,417 553,148
Purchase of premises and equipment (4,583) (3,207) (2,862)
Disposals of premises and equipment 3,388    
Recovery of allowance for credit losses 436 999 1,003
Purchases of securities AFS (798) (454,788) (56,629)
Purchases of securities HTM (171,852)    
Proceeds from sale of securities   3,500  
Maturities of securities AFS 27,923 268,146 270,480
Maturities of securities HTM 224,737    
Cash in from merger   1,145,340  
Sale (purchase) of FHLB and FRB stock, net (7,109) 3,511 4,269
Proceeds from BOLI policy 326    
Net cash (used in) investing activities (3,246,282) (79,373) (24,896)
Cash Flows from Financing Activities:      
Increase in deposits 1,550,650 727,539 1,022,289
Net increase (decrease) in FHLB & other advances 1,005,000 (255,000) (478,000)
Line of credit net change - borrowings, net 1,500 17,085 4,000
Net increase in subordinated debt 147,639    
Net increase in repurchase agreements 5,672    
Gain on sale leaseback (1,061)    
Dividends paid (24,830) (16,173) (12,504)
Settlement of swap     (12,102)
Proceeds from exercise of stock options 18 2,759 915
Repurchase of stock (4,623) (1,722) (2,824)
Net cash provided by financing activities 2,679,965 474,488 521,774
Increase (decrease) in cash and cash equivalents (465,263) 492,050 564,320
Cash and cash equivalents at beginning of year 1,121,757 629,707 65,387
Cash and cash equivalents at end of period 656,494 1,121,757 629,707
Supplemental disclosures of cash flow information:      
Income taxes 41,014 39,510 31,310
Interest 75,674 15,272 56,991
Noncash transactions:      
Transfer of loans to loans held for sale   592,898 561,502
Transfer of loans to loans held for investment 485,281    
Transfer of securities from available-for-sale to held-to-maturity 916,777    
Goodwill acquisition adjustment 1,623    
Right of use lease assets and liabilities recognized 21,649    
Transfer of loans to REO   6,210  
Chargeoffs against allowance for credit losses $ 720 1,824 1,844
Mortgage servicing rights from loan sales   2,726 $ 3,853
Acquisition:      
Assets acquired, net of cash received   1,489,698  
Liabilities assumed   2,357,600  
Cash considerations   10  
Stock consideration   283,011  
Goodwill   $ 125,128